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POPULAR NEWS
Gold retakes $1,300 level for first time in 9 months

Gold futures on Friday were trading above $1,300 for the first time in 2017 and were on track for their third straight daily gain, as precious metals drew haven demand, sparked by a selloff in a global equities, a terrorist attack in Barcelona and concerns about President Donald Trump™s pro-business agenda. Gold for December delivery gained $8.60, or 0.7%, at $1,301.90 an ounce, marking the highest level for a most-active contract since Nov. 4, according to FactSet data. The yellow...

Gold Fails to Hold Above Key $1,300 Level, Posts Daily, Weekly Losses

Gold prices touched their highest intraday level of the year on Friday, temporarily topping $1,300 an ounce before pulling back to settle lower for the session and the week. Gold had traded above $1,300 Friday for the first time in 2017, getting a lift from haven demand on the back of earlier weakness in global equities, a terrorist attack in Barcelona and concerns about President Donald Trump™s pro-business agenda. December gold fell 80 cents, or less than 0.1%, to settle at $1,291.60 an...

Asian Equities Fall on Trump Concerns, Terror Attack in Spain

Asian equities fell, paring the week™s gain, after a terror attack in Barcelona added to concerns that U.S. President Donald Trump™s policy plans may be stymied by discord within his administration. The MSCI Asia Pacific Index lost 0.5 percent to 159.04 as of 4:36 p.m. in Hong Kong, set to decline for the first day this week. About three shares retreated for each one that gained, with financial and technology sub-gauges leading the drop. Indexes slid across the region, with Japan™s...

Gold Futures Punch Through $1,300 as Global Stocks Extend Losses

Gold futures broke above $1,300 an ounce, gaining to the highest level this year, as global stocks dropped and investors fretted that turmoil in the White House will prevent President Donald Trump from delivering on his pro-growth legislative agenda. Futures for delivery in December gained as much as 0.7 percent to $1,301.10 an ounce on the Comex and traded at $1,299 at 9 a.m. in London. The gain came as a gauge of global stocks extended a decline, and the Bloomberg Dollar Spot Index fell...

Europe Ends On A Negative Note As Trump, Terror Concerns Linger

Europe finished Friday's session on a negative note, as the worst terror attack seen in Spain for more than 13 years added jitters to market sentiment. The pan-European Stoxx 600 ended down 0.71 % to 374.20 provisionally, however on the week the index closed 0.55 percent up. Looking to Europe's major bourses, the U.K.'s FTSE 100 ended 0.86 percent down, while the French CAC 40 slipped 0.64 percent and Germany's DAX ended 0.31 percent down. In periphery markets, Spain's IBEX 35 ended 0.56...

19 Killed in Clashed Between Somali Militias
Thursday, 10 August 2017 13:31 WIB | GLOBAL |

At least 19 militants have been killed in daylong fighting in the western Somali region of Bakool.

The clashes Wednesday took place between al-Shabab militants and fighters loyal to former al-Shabab leader Mukhtar Robow.

Officials said an al-Shabab onslaught early in the morning forced Robow's loyalists to retreat from Abal village. But they later returned to beat back their attackers in a midday counter offensive.

Mohamed Hassan Fiqi, the acting president of Southwestern region, said, œThey have repulsed al-Shabab quite well; in the morning it appeared they were going to be overwhelmed but they counter attacked and defended their base.

Officials said 13 al-Shabab fighters and six Robow loyalists were killed in the clashes. œA lot of people are dead, Fiqi told VOA Somali.

Robow has also reportedly rejected offers from regional officials to leave the area and surrender to the Somali government.

The U.S. and Somali government had offered a $5 million bounty for Robow since 2012. That reward was withdrawn in June after the U.S. removed him from the list of terrorists after consultations with the Somali government.

Former Somali defense minister Abdihakim Mohamud Haji Fiqi, who welcomed Robow's removal from the wanted list, said the Somali government must speed up talks with him.

 

Source: VOA News

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POPULAR NEWS
Gold retakes $1,300 level for first time in 9 months

Gold futures on Friday were trading above $1,300 for the first time in 2017 and were on track for their third straight daily gain, as precious metals drew haven demand, sparked by a selloff in a global equities, a terrorist attack in Barcelona and concerns about President Donald Trump™s pro-business agenda. Gold for December delivery gained $8.60, or 0.7%, at $1,301.90 an ounce, marking the highest level for a most-active contract since Nov. 4, according to FactSet data. The yellow...

Gold Fails to Hold Above Key $1,300 Level, Posts Daily, Weekly Losses

Gold prices touched their highest intraday level of the year on Friday, temporarily topping $1,300 an ounce before pulling back to settle lower for the session and the week. Gold had traded above $1,300 Friday for the first time in 2017, getting a lift from haven demand on the back of earlier weakness in global equities, a terrorist attack in Barcelona and concerns about President Donald Trump™s pro-business agenda. December gold fell 80 cents, or less than 0.1%, to settle at $1,291.60 an...

Asian Equities Fall on Trump Concerns, Terror Attack in Spain

Asian equities fell, paring the week™s gain, after a terror attack in Barcelona added to concerns that U.S. President Donald Trump™s policy plans may be stymied by discord within his administration. The MSCI Asia Pacific Index lost 0.5 percent to 159.04 as of 4:36 p.m. in Hong Kong, set to decline for the first day this week. About three shares retreated for each one that gained, with financial and technology sub-gauges leading the drop. Indexes slid across the region, with Japan™s...

Gold Futures Punch Through $1,300 as Global Stocks Extend Losses

Gold futures broke above $1,300 an ounce, gaining to the highest level this year, as global stocks dropped and investors fretted that turmoil in the White House will prevent President Donald Trump from delivering on his pro-growth legislative agenda. Futures for delivery in December gained as much as 0.7 percent to $1,301.10 an ounce on the Comex and traded at $1,299 at 9 a.m. in London. The gain came as a gauge of global stocks extended a decline, and the Bloomberg Dollar Spot Index fell...

Europe Ends On A Negative Note As Trump, Terror Concerns Linger

Europe finished Friday's session on a negative note, as the worst terror attack seen in Spain for more than 13 years added jitters to market sentiment. The pan-European Stoxx 600 ended down 0.71 % to 374.20 provisionally, however on the week the index closed 0.55 percent up. Looking to Europe's major bourses, the U.K.'s FTSE 100 ended 0.86 percent down, while the French CAC 40 slipped 0.64 percent and Germany's DAX ended 0.31 percent down. In periphery markets, Spain's IBEX 35 ended 0.56...

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