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POPULAR NEWS
Tokyo stocks open higher on Monday

Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29. Sumber : AFP

Oil Jumps as OPEC Signals Continued Cuts and U.S. Threatens Iran

Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet. Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...

Gold Holds Weekly Drop as Dollar Steadies Amid Trade

Gold held a weekly loss as the dollar steadied and markets remained fragile after the escalation in the U.S.-China trade war. The U.S. will release data this week from home sales to manufacturing and may offer some clues on the robustness of the economic expansion. The Federal Reserve will also publish minutes from the latest policy meeting. Spot gold -0.1% at $1,276.73/oz at 10:40am in Singapore, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after...

Trump: Fighting the US Will Be 'Official End of Iran'

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier, Trump appeared to be backing away from his apparently hawkish stance against Iran, saying he would be willing to talk with Tehran. When asked by a reporter at the White House if the U.S. was going to war...

EUR/USD stays under pressure, approaches 1.1150

The sentiment around the European currency remains depressed at the beginning of the week and is pushing EUR/USD to the mid-1.1100s following the opening bell in the Old Continent. EUR/USD looks to trade, data Spot is losing ground uninterruptedly since last Monday amidst rising effervescence in the US-China trade universe, declining yields in the European money markets and a generalized risk-off mood. In fact, the pair has accelerated its recent break below the critical support at 1.1200...

French Experts Begin Analysis of Ethiopian Boeing's 'Black Boxes'
Friday, 15 March 2019 02:10 WIB | GLOBAL |Global

French aviation investigators began analyzing the flight data recorders Thursday from the American-made jetliner that crashed in Ethiopia Sunday, killing 157 people from about 30 countries.

The crash of the Ethiopian Airlines Boeing 737 Max 8 was the model's second deadly accident since October, when 189 people were killed after a Lion Air jetliner crashed in Indonesia. The accidents prompted more than 40 countries to either ground the planes or ban them from their airspace.

Since the first crash, investigators have focused on the aircraft's anti-stall system that dips the plane's nose down to prevent it from stalling.

As Canada closed its airspace to the Max 8 on Wednesday, Transport Minister Marc Garneau said a comparison of vertical fluctuations by the two aircraft produced a "similar profile.'' The U.S. Federal Aviation Administration (FAA), which also ordered the planes grounded Wednesday, said new satellite data and other evidence also showed similar movements by the two planes.

France's Bureau of Enquiry and Analysis for Civil Aviation Safety (BEA) will conduct the œblack boxes analysis as an adviser, as international aviation rules require Ethiopia to lead the investigation. The U.S. National Transportation Safety Board (NTSB) will also play a key role as a representative of the country where the aircraft is manufactured.

The FAA said Wednesday that Boeing had been working on a software fix for the aircraft since the October crash in Indonesia. Experts who reviewed publicly available data said it indicates a malfunction of the plane's Maneuvering Characteristics Augmentation System (MCAS) may have contributed to Sunday's crash. Inaccurate sensor readings may have prompted the automated system to push the nose of the planes down, denying the pilots the chance to override the system.

Experts say other possible causes of the crashes are being investigated, including other malfunctioning systems and pilot error.

Months before the Ethiopian Airlines crash, U.S. pilots complained about the aircraft's systems, maintaining they limited their control, according to a U.S. government confidential reporting system. Pilots also complained about the lack of sufficient training on automated-assisted aviation systems.

Some aviation experts have said the two jetliners whipped up and down several times following takeoff. A preliminary report by Indonesian investigators concluded that a defective sensor directed an automation feature to repeatedly force the plane to dive, until it eventually crashed, killing everyone on board.

Source : VOA

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POPULAR NEWS
Tokyo stocks open higher on Monday

Tokyo stocks opened higher on Monday, with investors putting trade worries on the back burner after data showed Japan's economy grew in the first quarter, defying expectations. The benchmark Nikkei 225 index rose 0.74 percent or 157.15 points to 21,407.24 in early trade while the broader Topix index was up 0.52 percent ot 8.04 points at 1,562.29. Sumber : AFP

Oil Jumps as OPEC Signals Continued Cuts and U.S. Threatens Iran

Oil started the week strong after Saudi Arabia and other OPEC+ members signaled intentions to keep supplies constrained for the rest of the year, while U.S. tensions with Iran ratcheted up as President Donald Trumpthreatened the country in a tweet. Futures in New York rose as much as 1.3%, following a 1.8% gain last week. Saudi energy minister Khalid Al-Falih urged members of the alliance meeting in Jeddah to œstay the course on output cuts. Meanwhile, just weeks...

Gold Holds Weekly Drop as Dollar Steadies Amid Trade

Gold held a weekly loss as the dollar steadied and markets remained fragile after the escalation in the U.S.-China trade war. The U.S. will release data this week from home sales to manufacturing and may offer some clues on the robustness of the economic expansion. The Federal Reserve will also publish minutes from the latest policy meeting. Spot gold -0.1% at $1,276.73/oz at 10:40am in Singapore, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after...

Trump: Fighting the US Will Be 'Official End of Iran'

President Donald Trump has given a strong warning to Iran, threatening its destruction if it attacks the United States or U.S. interests. "If Iran wants to fight, that will be the official end of Iran," Trump tweeted Sunday. "Never threaten the United States again!" Just three days earlier, Trump appeared to be backing away from his apparently hawkish stance against Iran, saying he would be willing to talk with Tehran. When asked by a reporter at the White House if the U.S. was going to war...

EUR/USD stays under pressure, approaches 1.1150

The sentiment around the European currency remains depressed at the beginning of the week and is pushing EUR/USD to the mid-1.1100s following the opening bell in the Old Continent. EUR/USD looks to trade, data Spot is losing ground uninterruptedly since last Monday amidst rising effervescence in the US-China trade universe, declining yields in the European money markets and a generalized risk-off mood. In fact, the pair has accelerated its recent break below the critical support at 1.1200...

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