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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a streak of six straight strong gains that helped to fuel economic growth in the middle of the year, as most stores posted lower receipts, signaling that a widely expected slowdown in consumer...

Wall Street Slips as Weak Economic Data Offsets Earnings Strength

Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports. Technology shares, led by Microsoft Inc, weighed heaviest, pulling all three major U.S. stock averages into the red. U.S. retail sales contracted in September for the first time in seven months, according to the Commerce Department, in a sign that cracks might be spreading from...

Gold edges higher as Brexit uncertainty spurs safe-haven bid

Gold prices edged higher on Wednesday after shedding nearly 1% in the previous session, as it remained unclear if Britain could avoid postponing its departure from the EU beyond Oct. 31. Spot gold was up 0.2% at $1,484.49 per ounce as of 01:30 GMT. U.S. gold futures were 0.3% higher at $1,488.10 per ounce. Last-ditch talks between Britain and the European Union to get a Brexit deal ahead of a summit of the bloc's leaders this week went on past midnight to Wednesday, but it was still unclear...

Russia Sentences Norwegian to 14 Years for Spying
Wednesday, 17 April 2019 11:59 WIB | GLOBAL |Global

A Russian court has sentenced a Norwegian citizen to 14 years in prison over spying following a trial behind closed doors.

Russian authorities say Frode Berg, a retired border inspector, was detained in Moscow in December 2017 following a sting operation by Russia's FSB security service. Berg, 63, was accused by the prosecution of espionage relating to Russia's nuclear submarines.

The trial was held behind closed doors at the Moscow City Court for secrecy reasons.

On April 9, prosecutor Milana Digayeva demanded that Berg serve the sentence in a penal colony.

Digayeva said the accused was caught red-handed with the documents he had received from an employee of a military facility“ Aleksei Zhitnyuk “ who was shadowed by Russian intelligence.

Zhitnyuk was found guilty of high treason in December and sentenced to 13 years in prison.

Berg's lawyers have said that he admitted being a courier for Norway's military intelligence, but that he had little knowledge of the operation he took part in.

A lawyer for Berg said on April 16 that his client will not appeal the sentence but will submit a plea for pardon after it comes into force.

Asked about a possible pardon for Berg, Russian President Vladimir Putin said last week that he would wait for the verdict before assessing a possible plea.

Norwegian media reports said that Berg is a former border inspector.

Source: VOA news

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POPULAR NEWS
Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, the Middle East, U.S. politics and the global economic outlook, as well as on uncertainty tied to the continued tariff talks with China, said George Gero, managing director, at RBC Wealth...

Hong Kong stocks closed higher (Review)

Hong Kong shares closed higher on Wednesday, in line with a rally across Asia and after shrugging off a mid-morning drop when the city's leader was forced to briefly abandon a policy speech owing to heckling by opposition lawmakers.The Hang Seng Index added 0.61 percent, or 160.35 points, to 26,664.28. The benchmark Shanghai Composite Index dropped 0.41 percent, or 12.34 points, to 2,978.71, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.38...

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a streak of six straight strong gains that helped to fuel economic growth in the middle of the year, as most stores posted lower receipts, signaling that a widely expected slowdown in consumer...

Wall Street Slips as Weak Economic Data Offsets Earnings Strength

Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports. Technology shares, led by Microsoft Inc, weighed heaviest, pulling all three major U.S. stock averages into the red. U.S. retail sales contracted in September for the first time in seven months, according to the Commerce Department, in a sign that cracks might be spreading from...

Gold edges higher as Brexit uncertainty spurs safe-haven bid

Gold prices edged higher on Wednesday after shedding nearly 1% in the previous session, as it remained unclear if Britain could avoid postponing its departure from the EU beyond Oct. 31. Spot gold was up 0.2% at $1,484.49 per ounce as of 01:30 GMT. U.S. gold futures were 0.3% higher at $1,488.10 per ounce. Last-ditch talks between Britain and the European Union to get a Brexit deal ahead of a summit of the bloc's leaders this week went on past midnight to Wednesday, but it was still unclear...

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