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POPULAR NEWS
Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago. Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold had moved lower this week as equity benchmarks in the U.S. flirted with records...

Gold futures end at lowest since December, down 1.5% for the week

Gold futures posted a modest decline on Thursday, to tally a loss of 1.5% for the week. "U.S. dollar strength, enhanced not only by economic data but release of the Mueller report is going to keep a lid on gold in the short term," said Jeff Wright, executive vice president of GoldMining Inc. June gold lost 80 cents, or less than 0.1%, to settle at $1,276 an ounce on Comex. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold trading will be...

Stocks open higher after upbeat corporate earnings

Stocks rose at the opening bell on Wednesday as investors keyed into the next round of first-quarter corporate earnings, while showing little interest in China's robust economic data. The S&P 500 was up 0.3% to 2,916. The Dow Jones Industrial Average picked up 32 points, or 0.1%, to 26,484. The Nasdaq Composite climbed 0.6% to 8,046. Key equity benchmarks continue to move toward their record highs, with the S&P 500 less than 1% away from its all-time closing high on Sept. 20. China's...

U.S. dollar edges lower after stronger-than-expected China GDP data

The U.S. dollar was off slightly versus its biggest rivals Wednesday after data showed the pace of Chinese economic growth steadied in the first quarter, helping to soothe fears of a global economic slowdown. The ICE U.S. Dollar Index a measure of the currency against six major rivals, was off 0.1% at 96.918. The U.S. unit traded at 111.99 Japanese yen down marginally from its level late Tuesday in New York trading at ¥112.02. The euro fetched $1.1308, up from $1.1283. China's economy grew...

Strong Earthquake hits East Taiwan

The 6.1 magnitude earthquake hit the eastern coast of Taiwan late Thursday, according to the country's Central Weather Bureau. Television footage of landslides in one area, but no one reported on land or mountains. The bureau said the earthquake occurred at one minute after 1 pm, with the epicenter about 10 kilometers northwest of the city of the eastern coast of Hualien. The Depth earthquake was 10 kilometers, according to the United States Geological Survey. The quake shook buildings in...

Ethiopian Crash Investigators Find Parallels to Doomed Indonesian Jet
Saturday, 16 March 2019 02:12 WIB | GLOBAL |Global

Aviation investigators have found a piece of a stabilizer in an unusual position in the wreckage of the Ethiopian airliner that crashed Sunday, killing all 157 people on board.

Sources familiar with the incident are saying that the position of the stabilizer was similar to that of Indonesian Lion Air jet that crashed last October.

The plane's flight data and voice recorders have arrived in France for analysis.

Satellite-registered data have shown that Ethiopian Airlines Flight 302 and Lion Air Flight 610 planes flew with erratic altitude changes - moving up and down by hundreds of feet - indicating that the pilots struggled to control the aircraft. Both crews asked permission to return to the airports from where they had departed.

Both accidents involved new Boeing 737 MAX 8 aircrafts.

The U.S. and more than 30 other countries have grounded Boeing 737 Max fleet after the Ethiopian air disaster, which killed all 157 passengers and crew on board. Similarly, the Lion Air killed all 189 passengers and crew on October 29.

About 5,000 Boeing 737 MAX 8s are on order, signaling the industry likely faces a financial struggle ahead.

Source : VOA

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POPULAR NEWS
Gold claws up from 2019 low, but ascent limited by stock-market gains

Gold trade steadied Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago. Gold for June delivery on Comex was up $1.10, or less than 0.1%, at $1,278.30 an ounce. June gold settled at $1,277.20 Tuesday. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold had moved lower this week as equity benchmarks in the U.S. flirted with records...

Gold futures end at lowest since December, down 1.5% for the week

Gold futures posted a modest decline on Thursday, to tally a loss of 1.5% for the week. "U.S. dollar strength, enhanced not only by economic data but release of the Mueller report is going to keep a lid on gold in the short term," said Jeff Wright, executive vice president of GoldMining Inc. June gold lost 80 cents, or less than 0.1%, to settle at $1,276 an ounce on Comex. That was the lowest finish for a most-active contract since Dec. 26, according to FactSet data. Gold trading will be...

Stocks open higher after upbeat corporate earnings

Stocks rose at the opening bell on Wednesday as investors keyed into the next round of first-quarter corporate earnings, while showing little interest in China's robust economic data. The S&P 500 was up 0.3% to 2,916. The Dow Jones Industrial Average picked up 32 points, or 0.1%, to 26,484. The Nasdaq Composite climbed 0.6% to 8,046. Key equity benchmarks continue to move toward their record highs, with the S&P 500 less than 1% away from its all-time closing high on Sept. 20. China's...

U.S. dollar edges lower after stronger-than-expected China GDP data

The U.S. dollar was off slightly versus its biggest rivals Wednesday after data showed the pace of Chinese economic growth steadied in the first quarter, helping to soothe fears of a global economic slowdown. The ICE U.S. Dollar Index a measure of the currency against six major rivals, was off 0.1% at 96.918. The U.S. unit traded at 111.99 Japanese yen down marginally from its level late Tuesday in New York trading at ¥112.02. The euro fetched $1.1308, up from $1.1283. China's economy grew...

Strong Earthquake hits East Taiwan

The 6.1 magnitude earthquake hit the eastern coast of Taiwan late Thursday, according to the country's Central Weather Bureau. Television footage of landslides in one area, but no one reported on land or mountains. The bureau said the earthquake occurred at one minute after 1 pm, with the epicenter about 10 kilometers northwest of the city of the eastern coast of Hualien. The Depth earthquake was 10 kilometers, according to the United States Geological Survey. The quake shook buildings in...

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