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As economists watch government's coming assessment, some point to possible recession. The January reading decreased by 2. The index has fallen now for three consecutive months, reaching its lowest level since June
European stocks stumbled on fears of an escalation in Iran tensions, which also kept gold prices near a six-year high. Earlier in China, shares closed higher on hopes of a thaw in the U. The blue-chip CSI index rose 0.
It was last quoted at 1. Get a daily dose of Hong Kong Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well. Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hong Kong Herald.
Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Benchmark indices opened flat with some negative bias on Tuesday, taking cues from weak Asian markets.
Wu was left to rue four costly bogeys which saw him lose his grip on his overnight lead as he slipped to fourth place, four shots back of Hebert with a Wu had produced a flawless front-nine to open up a three shot lead then but dropped four consecutive shots starting from the 12 th hole to relinquish his place atop the leaderboard. Hebert started the day four shots behind Wu and was five back just after the turn but he stormed ahead by firing six birdies and an eagle on his back-nine to take over the lead. Did you know?
The yen ticked lower ahead of a rate decision from the Bank of Japan. Shares saw modest gains in Japan, South Korea and Australia, which could see a record close if the advance holds. Hong Kong futures were flat amid escalating protests in the city, with China warning that unrest had gone "far beyond" peaceful protest.