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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...

US Destroyer Sails Near China's Man-made Islands in South China Sea
Friday, 11 August 2017 03:59 WIB | GLOBAL |Global

A U.S. Navy destroyer carried out an operation near the Chinese man-made islands in the South China Sea an effort to challenge China™s territorial claims in the heavily trafficked international waters, Navy officials said.

Speaking with U.S. news agencies, the officials said the USS John S. McCain carried out a routine "freedom of navigation operation" Thursday that saw the ship travel within 12 nautical miles of the Spratly Islands and Mischief Reef.

The development comes at a time of heightened tensions between the U.S. and North Korea and as the Trump administration is seeking China™s help in dealing with the nuclear threat posed by Pyongyang.

The operation Thursday marks the latest attempt by Washington to challenge China™s tightening grip on the strategic waterway, which sees around $5 trillion worth of ship-borne trade pass through each year.

China, Brunei, Malaysia, the Philippines, Taiwan and Vietnam are all involved in a long-standing dispute over rightful ownership of the busy waters.

While the U.S. is not involved directly in the dispute, it has expressed interest in ensuring the conflict is solved peacefully and trade is not disrupted.

Source: voanews

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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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