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India stocks rise with 2020 recovery in sight

Bloomberg Indian stocks rose on the expectation that a slowdown in economic expansion has bottomed out and growth will recover in 2020 on the back of Finance Minister Nirmala Sitharaman’s planned $1.5 trillion infrastructure push. The S&P BSE Sensex climbed 0.1% to 41,306.6 at the 3:30 pm close in Mumbai. The NSE Nifty 50 Index also advanced by 0.1%. Stocks ...

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Chinese economy ends 2019 brighter as trade deal nears

Bloomberg China’s manufacturing sector continued to expand output in December, adding to evidence that the world’s second-largest economy is stabilising as the signing of a phase one trade deal with the US nears. The manufacturing purchasing managers’ index remained at 50.2, according to data released by the National Bureau of Statistics. The outlook for export-oriented firms brightened, with a sub-index ...

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European gas, power prices fall after Russia-Ukraine deal

Bloomberg European gas and power prices extended declines after a last-gasp accord between Russia and Ukraine on natural gas flows averted a winter supply crisis. The two former Soviet allies signed all agreements needed for flows to Gazprom PJSC’s main markets in the west to continue for the next five years. Steady shipments from Europe’s dominant supplier, coupled with record ...

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