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POPULAR NEWS
Yen Surges, Offshore Yuan Tumbles as Trade War Intensifies

The yen surged on Monday as investors flocked to safe-haven assets after a sharp re-escalation in the U.S.-China trade war, which whacked investor confidence and darkened the global economic outlook. The yuan also tumbled in offshore trade, weighed by expectations of a deeper slowdown in China as the world™s two-largest economies exchanged barbs over trade. The Swiss franc and gold, two assets sought during times of heightened risk aversion, shot up in early Asian trade. The yen surged to...

Tokyo's Nikkei Opens Down 2.6% as Yen Surges on Trade Fears

Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions. The Nikkei 225 was down 2.56 percent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 percent, or 36.78 points, to 1,465.47. Source : AFP

Gold Touches Over Six-Year Peak as Risk-Off Appetite Stoked

Gold prices jumped to a fresh six-year high on Monday as the announcement of new tariffs in the escalating Sino-U.S. trade war sent equity markets tumbling, and investors rushing for safe-haven assets. Spot gold jumped 1.2% to $1,544 per ounce as of 0141 GMT, having earlier touched $1,554.56 an ounce, its highest since April 2013. U.S. gold futures were up 1.1% at $1,554.90 an ounce. On Friday, U.S. President Donald Trump announced a 5% additional duty on $550 billion in targeted Chinese...

Asia Shares Sink, Bonds Surge as Trade Fears Mount

Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen. Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-2016, while gold hit its highest since April 2013 as risk was shunned. The Chinese yuan also came under pressure, with the dollar quoted up at 7.1710 and markets braced for more intervention from...

Nikkei Tumbles to 3-Week Low as U.S.-China Trade War Worsens

Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets. The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day. China on Friday imposed tariffs on about $75 billion in imports from the United States including some agricultural products, crude oil and small...

Firebomb Sparks Unrest at Sensitive Jerusalem Holy Site
Wednesday, 13 March 2019 13:07 WIB | GLOBAL |IsraelPalestina,

Israeli police closes the entrances to Jerusalem's most sensitive holy site after Palestinian suspects threw a firebomb at a police station on Tuesday. The rare move drew angry reactions across the Muslim world.

There were no injuries reported from the firebombing. But police quickly deployed across the hilltop compound, scuffling with Palestinians in the area, as they searched for the assailants. At least three suspects were arrested, and police were seen wrestling a woman to the ground.

The incident further heightened tensions at the site, which is revered by Jews as the Temple Mount and by Muslims as the Noble Sanctuary. The spot, home to the Al-Aqsa Mosque and gold-topped Dome of the Rock, is a frequent flashpoint of violence.

After the incident, Israeli police sealed off entrances to the compound. Police also restricted entrance to the Old City, home to Jerusalem's most important religious sites, allowing only residents to pass through certain entrances to the Muslim and Christian quarters. Other entrances to the Old City remained open.

The Waqf has staged periodic prayer-protests inside since late February to call for unrestricted access to the shuttered building.

Israel closed the structure in 2003, claiming it was used by a heritage organization with ties to the Hamas militant group.

Source: VOA news

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POPULAR NEWS
Yen Surges, Offshore Yuan Tumbles as Trade War Intensifies

The yen surged on Monday as investors flocked to safe-haven assets after a sharp re-escalation in the U.S.-China trade war, which whacked investor confidence and darkened the global economic outlook. The yuan also tumbled in offshore trade, weighed by expectations of a deeper slowdown in China as the world™s two-largest economies exchanged barbs over trade. The Swiss franc and gold, two assets sought during times of heightened risk aversion, shot up in early Asian trade. The yen surged to...

Tokyo's Nikkei Opens Down 2.6% as Yen Surges on Trade Fears

Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions. The Nikkei 225 was down 2.56 percent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 percent, or 36.78 points, to 1,465.47. Source : AFP

Gold Touches Over Six-Year Peak as Risk-Off Appetite Stoked

Gold prices jumped to a fresh six-year high on Monday as the announcement of new tariffs in the escalating Sino-U.S. trade war sent equity markets tumbling, and investors rushing for safe-haven assets. Spot gold jumped 1.2% to $1,544 per ounce as of 0141 GMT, having earlier touched $1,554.56 an ounce, its highest since April 2013. U.S. gold futures were up 1.1% at $1,554.90 an ounce. On Friday, U.S. President Donald Trump announced a 5% additional duty on $550 billion in targeted Chinese...

Asia Shares Sink, Bonds Surge as Trade Fears Mount

Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen. Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-2016, while gold hit its highest since April 2013 as risk was shunned. The Chinese yuan also came under pressure, with the dollar quoted up at 7.1710 and markets braced for more intervention from...

Nikkei Tumbles to 3-Week Low as U.S.-China Trade War Worsens

Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets. The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day. China on Friday imposed tariffs on about $75 billion in imports from the United States including some agricultural products, crude oil and small...

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