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POPULAR NEWS
Dow marks 2nd all-time high in a row but tech stocks weigh on broader market

The Dow Jones Industrial Average notched its second straight record close in succession, but declines in consumer-discretionary shares and technology weighed on the broader market. The Dow closed up 0.2% at 26,719 (on a preliminary basis). while the S&P 500 index fell by less than 0.1% to end at 2,929, and the technology-centric Nasdaq Composite Index ended down 0.5% at 7,986, contributing to a weekly decline for the index of 0.3%. Meanwhile, the Dow posted a weekly gain of 2.2%, representing...

Hong Kong Stocks Head Into Weekend On Strong Note (Review)

Hong Kong stocks posted a fourth day of gains Friday to end the week with a sparkle following a record close on Wall Street, with investors concentrating on the healthy US economy rather than the China-US trade row. The Hang Seng Index rose 1.73 percent, or 475.91 points, to close at 27,953.58. The benchmark Shanghai Composite Index soared 2.50 percent, or 68.24 points, to 2,797.48, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.77 percent, or...

May Names New Foreign Secretary Amid Brexit Disagreements
Tuesday, 10 July 2018 20:32 WIB | GLOBAL |Global

British Prime Minister Theresa May appointed longtime supporter Jeremy Hunt as foreign minister after Boris Johnson resigned from the post Monday amid disagreement in the Cabinet over the nation's pending exit from the European Union.

Hunt, the former health minister, had originally been against Brexit, but said he had become a supporter, calling as arrogant the EU's behavior during negotiations. Johnson was a staunch Brexit supporter.

Johnson complained in his resignation letter May's plans to maintain close trade ties with the EU amounts to a "semi-Brexit," with Britain heading toward the "status of colony."

The "Brexit dream is dying, suffocated by needless self-doubt," he wrote.

"We do not agree about the best way of delivering our shared commitment to honoring the result of the referendum," May said, addressing parliament shortly after the announcement, referring to the June 2016 referendum in which British citizens voted to leave the EU.

"But I want to recognize the former secretary of state for exiting the European Union. For the work he did to establish a new department and steer through parliament some of the most important legislation for generations," she also said.

Johnson's departure comes a day after Britain's Brexit minister, David Davis, stepped down from his post. May has since appointed Dominic Raab to replace Davis.

Davis called May's approach to the nation's exit from the EU "a dangerous strategy."

Source : VOA

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POPULAR NEWS
Dow marks 2nd all-time high in a row but tech stocks weigh on broader market

The Dow Jones Industrial Average notched its second straight record close in succession, but declines in consumer-discretionary shares and technology weighed on the broader market. The Dow closed up 0.2% at 26,719 (on a preliminary basis). while the S&P 500 index fell by less than 0.1% to end at 2,929, and the technology-centric Nasdaq Composite Index ended down 0.5% at 7,986, contributing to a weekly decline for the index of 0.3%. Meanwhile, the Dow posted a weekly gain of 2.2%, representing...

Hong Kong Stocks Head Into Weekend On Strong Note (Review)

Hong Kong stocks posted a fourth day of gains Friday to end the week with a sparkle following a record close on Wall Street, with investors concentrating on the healthy US economy rather than the China-US trade row. The Hang Seng Index rose 1.73 percent, or 475.91 points, to close at 27,953.58. The benchmark Shanghai Composite Index soared 2.50 percent, or 68.24 points, to 2,797.48, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.77 percent, or...

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