US stocks jump as inflation report brings reprieve


Wall Street stocks rose on Friday as government data showed a measure of underlying inflation cooling, bringing some relief to markets.

Around 10 minutes into trading, the Dow Jones bounced by 0.5 percent to 33,829.

The S&P 500 rallied 0.7 percent to 4,328, while the Nasdaq surged 1.1 percent to 13,340.

“There’s a little bit of a sigh of relief that’s happening on Wall Street,” said Edward Moya of the OANDA trading platform.

This comes as a measure of underlying inflation favoured by the US central bank came in lower than expected, suggesting a “disinflation process is clearly in place.”

While the annual personal consumption expenditures (PCE) price index rose 3.5 percent in August – up from the prior month – the “core” measure stripping out volatile food and energy costs was down from recent months on an annual basis.

With the core reading cooling, “that’s allowing the market to become a little bit less worried that the (Federal Reserve) might have to deliver another rate hike,” Moya said.

But a note by Briefing.com cautioned that the overall PCE price index report was not “weak enough to cause a sudden shift” in market expectations. (AFP)





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他指出,該集團早年已將非黃金資產撥離,集中上游運作,現時80%至90%收入來自黃金業務,共經營7個礦,當中6個為金礦,分布在內地、老撾及加納。截至去年9月底止9個月,其已生產34.6萬安士或相當於10萬噸。他們期望今明年產能進一步提升。海外礦場業務在2023年度佔收入71.9%。 現時該集團位於老撾及加納的金礦項目,年產約5至6噸。他稱,集團早年向五礦收購的老撾礦場,在2003年起同時年產5000噸銅,料繼續維持相若產量,他們亦在附近找到新目標,料自今、明兩年銅產量會增加。過往老撾礦場開採出來的廢石,雖然金品位相對低,但是仍有經濟價值,足夠冶煉所需。他們亦出資1800萬美元,並與厦門鎢業合作,以各佔51%及49%股權的公司在當地開採稀土。 至於自英國基金收購過來的加納金礦,他表示,已自去年下半年滿負荷生產。在內地方面,他們現時集中在五龍及吉隆金礦項目,另有經營瀚豐多金屬礦,出產銅、鉛、鋅及鉬,他們有意增加鉬的份額。華泰金礦則進行技術改造中,料在2025年逐步提產。現時他們開採出出來的黃金,主要轉售予冶煉廠,因此回收較快。 該集團過去赴海外收購時,他說,均以借貸融資,當中在2021年收購加納金礦項目時亦有借貸,但是隨著旗下項目現金回籠,因此已陸續償還,到去年手持現金增至32億元(人民幣、下同),債務只餘25億元。隨著將來物色收購,他們可運用H股、借貸加手持現金融資,海外投資者亦多願意接受H股,亦不會如A股般減持及融資受限。目前來自滬港通的投資者佔比達7%至8%。在今次部署來港上市時,他說有與礦業基金接觸。 現時赤峰的開採現金成本約每盎司1200美元,他料之後每年保持單位數升幅。集團定位收購中型礦山,目標項目是年產5至6萬噸,不限於獨資及合資。他根據集團董事長王建華所指,料今年金價有機會升見每盎司3000美元。 其他報道 TikTok禁令 | 小紅書傳急聘英文內容審核員 應對「TikTok難民」湧入 全日沽空金額減12% 騰訊沽空減1% 恒指升66點 波幅、成交、北水齊縮 賽目科技升1% 「香港增長組合」普通合伙人上任逾3年未作投資 許正宇:投資步伐不同 植田和男稱下周決定是否加息 日圓兌美元升值 見半個月最強 數碼港率逾30間初創企業參與2025年亞洲金融論壇 滬深三大指數午後續跌 滬指跌0.43% 美國據報將要求台積電等收緊對華晶片供應管控 【有片:投資王道】特朗普上任在即 美股走勢何去何從? 騰訊和Guillemot家族擬組新公司 納Ubisoft資產 人行在港發行600億人幣央票中標利率3.4厘 創該期限新高 證監會黃天祐:80家公司於去年下半年以庫存方式回購股份 【有片:埋身擊】比特幣以太幣反覆靠穩 料後市在支持位上進一步上升 廣匯寶信汽車控股股東伙兩公司研引策略伙伴及展二手車業務 午後復牌 半日沽空金額減10% 騰訊沽空增32% 恒指半日升44點 科指創一周高 紫金跌5% 賽目科技升5% 港元拆息普遍向下 1個月HIBOR連跌6日 港元貶值見近4個月最弱 Source link

Chinese Celebrities and Tourists Think Twice About Thailand

Chartered flights have been canceled. Performances have been called off or postponed. Tour agencies have fielded requests from travelers who want to change their plans. Chinese travelers have been scrapping trips to Thailand, frightened by the story of a Chinese actor who was abducted there, taken to Myanmar and forced to work in an online

China considers selling TikTok to Elon Musk

Chinese officials are evaluating a potential sale of TikTok to Elon Musk, reports Bloomberg. Beijing prefers the US operations of the controversial app remain in the hands of ByteDance, but with the looming ban scheduled for January 19, officials are frantically looking for a resolution. Sources who spoke with Bloomberg revealed Chinese officials are debating

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