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POPULAR NEWS
Gold ends lower, suffers a weekly loss as bond yields rise

Gold futures ended lower on Friday, giving up earlier gains to feed a loss for the week as appetite returned for assets perceived as risky and bond yields climb. Gold pared some of its earlier gains then turned lower after data Friday revealed that the University of Michigan consumer sentiment index rebounded to 92 in September from 89.8 in August. U.S. business inventories also increased by 0.4% in July and U.S. retail sales rose 0.4% in August. December gold on Comex lost $7.90, or 0.5%,...

Hong Kong Shares End Week With Sharp Gains

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week. The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69. Source : AFP

U.S Stocks End Mostly Lower as Dow Extends Seven-Day Streak of Gains

U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day. The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219, based on preliminary numbers.The Nasdaq Composite fell 0.2% to end near 8,177. The blue-chip Dow clinched its seventh consecutive gain, its longest such streak since 2018. Both the Dow and the...

Sterling Rises on Speculation of U.K. Softening Brexit Stance

The pound rose on Friday on a newspaper report that the U.K. government is contemplating some type of regulatory divergence between Northern Ireland the U.K. in an attempt to secure a Brexit deal. According to The Times, Northern Ireland's DUP would be willing to accept some EU regulations following a U.K. withdrawal from the EU -- replacing the Irish backstop proposal -- raising some hopes of a new deal. But the DUP denied the report shortly afterwards. GBP/USD jumped 0.8% to 1.2431 as of...

Xinhua: China to Lift Tariffs on US Soybeans, Other Farm Goods

China says it will lift tariffs on U.S. soybeans, pork and some other farm goods in yet another sign of easing tensions between the two countries ahead of trade talks scheduled for next month. The announcement, reported Friday by China's Xinhua news agency, is the latest in a series of recent conciliatory gestures the world's two largest economies have taken to curb their ongoing trade war.    On Thursday, Chinese Commerce Ministry spokesman Gao Feng said China was looking...

Will Trump Offer Peace Declaration as Tradeoff for North Korea's Denuclearization?
Wednesday, 27 February 2019 00:36 WIB | GLOBAL |Global

As speculation focuses on the possibility that President Donald Trump may declare peace, and end the Korea War at his second summit with North Korean leader Kim Jong Un, experts see such as move as a possible trade off for Pyongyang™s denuclearization.

œWe want denuclearization, Trump said on Monday before leaving for Hanoi to meet with Kim on Feb. 27 and 28. œAnd I think he™ll have a country that will set a lot of records for speed in terms of an economy.

Trump™s remarks on Monday came as the White House released a statement on Thursday calling for œa push for peace saying that Trump is committed to achieving œtransformational peace for the Korean Peninsula with a possible consideration of economic inducements such as ways to œmobilize investment and œimprove infrastructure.

During his speech delivered at Stanford University at the end of January, U.S. Special Representative for North Korea Steve Biegun, said Trump is œcommitted to once and for all bringing an end to 70 years of war and hostility on the Korean Peninsula.

A declaration of peace “ an announcement declaring the end of the Korean War that ceased in 1953 with an armistice rather than a peace treaty “ is emerging as a likely move that Trump could make at the summit this week in Hanoi, chosen in part to show Vietnam™s economic development.

Source : VOA

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POPULAR NEWS
Gold ends lower, suffers a weekly loss as bond yields rise

Gold futures ended lower on Friday, giving up earlier gains to feed a loss for the week as appetite returned for assets perceived as risky and bond yields climb. Gold pared some of its earlier gains then turned lower after data Friday revealed that the University of Michigan consumer sentiment index rebounded to 92 in September from 89.8 in August. U.S. business inventories also increased by 0.4% in July and U.S. retail sales rose 0.4% in August. December gold on Comex lost $7.90, or 0.5%,...

Hong Kong Shares End Week With Sharp Gains

Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week. The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69. Source : AFP

U.S Stocks End Mostly Lower as Dow Extends Seven-Day Streak of Gains

U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day. The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219, based on preliminary numbers.The Nasdaq Composite fell 0.2% to end near 8,177. The blue-chip Dow clinched its seventh consecutive gain, its longest such streak since 2018. Both the Dow and the...

Sterling Rises on Speculation of U.K. Softening Brexit Stance

The pound rose on Friday on a newspaper report that the U.K. government is contemplating some type of regulatory divergence between Northern Ireland the U.K. in an attempt to secure a Brexit deal. According to The Times, Northern Ireland's DUP would be willing to accept some EU regulations following a U.K. withdrawal from the EU -- replacing the Irish backstop proposal -- raising some hopes of a new deal. But the DUP denied the report shortly afterwards. GBP/USD jumped 0.8% to 1.2431 as of...

Xinhua: China to Lift Tariffs on US Soybeans, Other Farm Goods

China says it will lift tariffs on U.S. soybeans, pork and some other farm goods in yet another sign of easing tensions between the two countries ahead of trade talks scheduled for next month. The announcement, reported Friday by China's Xinhua news agency, is the latest in a series of recent conciliatory gestures the world's two largest economies have taken to curb their ongoing trade war.    On Thursday, Chinese Commerce Ministry spokesman Gao Feng said China was looking...

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