Turkey's current account is expected to have posted a modest annual surplus of $1.18 billion in 2019, a first since 2001, a Reuters poll showed on Tuesday, even though the monthly deficit is seen starting to widen again.
Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic.
Gold eased from an over one-week peak on Friday as risk sentiment improved on hopes of global measures to soften the impact of the coronavirus outbreak, but a surge in new cases capped bullion's losses and kept it on track for a weekly gain.
Southeast Asian stock markets were subdued on Friday as renewed doubts about the scale of coronavirus outbreak spooked investors, while the Thai index rose with its prominent energy sector gaining as oil prices extended their week-old recovery.
China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.
The coronavirus epidemic is expected to shave up to 0.2 percentage points off Japan's economic growth this year as it hits exports, factory output and tourism, a Reuters poll of analysts showed on Friday.
Trefis estimates the fair value of Honda Motor (NYSE: HMC) stock to be $39, which is roughly 40% higher than the current market price. Established in Japan in September 1948, Honda has grown over the years into a multinational conglomerate that develops, manufactures, and ma
Ralph Lauren (NYSE: RL) is the global leader in premium lifestyle products. The company’s business went through a rough patch in FY’18 (year ending March), but Ralph Lauren has done well to turn things around over the last couple of years. Ralph Lauren delivered strong res
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