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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

U.S. Stocks Pause On Unsettled Trade Deal; Earnings Eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday. The Dow Jones Industrial Average fell 29.97 points, or 0.11%, to 26,786.62, the S&P 500 lost 4.07 points, or 0.14%, to 2,966.2 and the Nasdaq Composite dropped 8.39 points, or 0.1%, to 8,048.65. Source : Reuters

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

Apple Puts Modem Engineering Unit Into Chip Design Group
Saturday, 9 February 2019 04:04 WIB | GLOBAL |

Apple Inc has moved its modem chip engineering effort into its in-house hardware technology group from its supply chain unit, two people familiar with the move told Reuters, a sign the tech company is looking to develop a key component of its iPhones after years of buying it from outside suppliers.

Modems are an indispensable part of phones and other mobile devices, connecting them to wireless data networks. Apple once used Qualcomm Inc chips exclusively but began phasing in Intel Corp chips in 2016 and dropped Qualcomm from iPhones released last year.

Johny Srouji, Apple™s senior vice president of hardware technologies, took over the company™s modem design efforts in January, the sources said. The organizational move has not been previously reported.

Srouji joined Apple in 2008 to lead chip design, including the custom A-series processors that power iPhones and iPads and a special Bluetooth chip that helps those devices pair with its AirPods wireless headphones and other Apple accessories.

The modem efforts had previously been led by Rubén Caballero, who reports to Dan Riccio, the executive responsible for iPad, iPhone and Mac engineering, much of which involves integrating parts from the company™s vast electronics supply chain.

Apple declined to comment. Technology publication The Information previously reported that Apple was working to develop its own modem chip.

The Cupertino, California-based company has posted job listings for modem engineers in San Diego, a hub for wireless design talent because of Qualcomm™s longtime presence there and a place where Apple has said it plans to build up its workforce.

Apple™s effort to make its own modem chips could take years, and it is impossible to know when, or in what devices, such chips might appear.

œWhen you™re Apple, everything has to be good, said Linley Gwennap, president of chip industry research firm The Linley Group. œThere™s no room for some substandard component in that phone.

Source : VOA

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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

U.S. Stocks Pause On Unsettled Trade Deal; Earnings Eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday. The Dow Jones Industrial Average fell 29.97 points, or 0.11%, to 26,786.62, the S&P 500 lost 4.07 points, or 0.14%, to 2,966.2 and the Nasdaq Composite dropped 8.39 points, or 0.1%, to 8,048.65. Source : Reuters

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

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