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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...

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. Spot gold -0.1% at $1,275.92/oz at 7:24am in London, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after +0.8% last week. Chinese Foreign Minister Wang Yi told U.S. Secretary of State Mike Pompeo in a call on Saturday that while it™s still possible to work out a deal, Beijing must safeguard its interests....

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...

Trump Vows to Win 5G Race
Wednesday, 17 April 2019 02:34 WIB | GLOBAL |GOLD

In the race to beat China in the fifth generation of wireless technology, known as 5G, U.S. President Donald Trump is announcing the largest-ever auction of radio frequencies and a $20 billion fund to build a rural fiber-optics backbone.

"We cannot allow any other country to outcompete the United States in this powerful industry of the future," Trump said in the White House Roosevelt Room, flanked by a group of telecommunications tower climbers and farmers. "The race to 5G is a race that we must win."

Starting Dec. 10, the Federal Communications Commission (FCC) will begin auctioning three chunks of millimeter-wave frequencies (upper 37 GHz, 39 GHz and 47 GHz) for cellphone companies to use.

Some Trump allies had tried to persuade him to effectively nationalize this technology as a matter of national security.

Trump acknowledged that he considered such a plan ” opposed by the FCC and others ” but ultimately backed away from it.

"We don't want to do that. It wouldn't be nearly as good, nearly as fast," Trump said.

"The idea of state-designed and -operated 5G networks in the U.S. makes no sense on its own terms. A competitive, lightly regulated market is the hallmark of the U.S. system. This has delivered success in 4G and will encourage investment and innovation in 5G," London-based Gabriel Brown, a principal analyst at telecommunications research firm Heavy Reading, told VOA.

"It also makes no sense in relation to competition with China ” these are different markets in different phases of development."

Riley Walters, a policy analyst at the Heritage Foundation's Asian Studies Center, agreed, saying the "private sector is the most efficient way to distribute 5G capabilities, even if it's not at the pace nationalization proponents would like to see. Deregulation should help cut the costs for domestic developers to move up their time horizon."

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...

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. Spot gold -0.1% at $1,275.92/oz at 7:24am in London, after dropping 0.7% last week. Bloomberg Dollar Spot Index steady, after +0.8% last week. Chinese Foreign Minister Wang Yi told U.S. Secretary of State Mike Pompeo in a call on Saturday that while it™s still possible to work out a deal, Beijing must safeguard its interests....

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...

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