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POPULAR NEWS
Hong Kong Stocks Finish With Steep Losses (Review)

Shares tumbled in Hong Kong and Shanghai on Thursday as traders fret about growing tensions between China and the US, with tech and energy firms among the worst performers. The Hang Seng Index dived 1.58 percent, or 438.81 points, to 27,267.13. The benchmark Shanghai Composite Index sank 1.35 percent, or 39.18 points, to 2,852.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.43 percent, or 37.48 points, to 1,503.37. Source : AFP

Tokyo stocks open lower on trade worries

Tokyo stocks opened lower on Friday on worries over the US-China trade war as bellicose rhetoric persisted between Washington and Beijing, pushing the safe-haven yen higher against the dollar. The benchmark Nikkei 225 index lost 0.94 percent, or 199.04 points, to 20,952.10 in early trade, while the broader Topix Index was down 0.86 percent or 13.26 points at 1,527.32. Source: AFP

Wall Street Plunges on Trade, Growth Worries

Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth. The only good news was that the major indexes bounced off their lows in the last hour of trading. The Dow Jones Industrial Average fell 1.1% or 286.14 to 25,490.47 . The S&P 500 slumped 1.2% or 34.65 to 2,821.62 and the Nasdaq Composite dropped 1.6% or 122.56 to 7,628.28. Stocks have succumbed to selling pressure in May after Washington and Beijing engaged in...

Gold futures edge down for the session, climb for the week

Gold futures edged lower Friday, pulling back from the one-week high they settled at a day earlier. Prices for the haven metal, however, ended the week higher against backdrop of worries surrounding the U.S.-China trade standoff and political uncertainty in the U.K. Prime Minister Theresa May announced her decision Friday to step down. June gold fell $1.80, or 0.1%, to settle at $1,283.60 an ounce on Comex. For the week, prices gained 0.6%, according to FactSet data. Source : MarketWatch

Gold Holds Advance as Trade War Spurs Growth Concerns

Gold held much of Thursday™s gain, heading for a weekly advance, as escalating trade tensions between the U.S. and China damped the outlook for growth. Spot gold -0.1% at $1,281.60/oz in London; after +0.8% Thursday. Price +0.3% this week. Bloomberg Dollar Spot Index flat. Global stocks retreated for a third week and yields on 10-year Treasuries are near the lowest since 2017, helping to support the precious metal. Still, bullion has been pressured by a stronger...

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
Hong Kong Stocks Finish With Steep Losses (Review)

Shares tumbled in Hong Kong and Shanghai on Thursday as traders fret about growing tensions between China and the US, with tech and energy firms among the worst performers. The Hang Seng Index dived 1.58 percent, or 438.81 points, to 27,267.13. The benchmark Shanghai Composite Index sank 1.35 percent, or 39.18 points, to 2,852.52, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 2.43 percent, or 37.48 points, to 1,503.37. Source : AFP

Tokyo stocks open lower on trade worries

Tokyo stocks opened lower on Friday on worries over the US-China trade war as bellicose rhetoric persisted between Washington and Beijing, pushing the safe-haven yen higher against the dollar. The benchmark Nikkei 225 index lost 0.94 percent, or 199.04 points, to 20,952.10 in early trade, while the broader Topix Index was down 0.86 percent or 13.26 points at 1,527.32. Source: AFP

Wall Street Plunges on Trade, Growth Worries

Stocks took a beating Thursday as investors worried that a U.S.-China trade war could drag on indefinitely and sap global growth. The only good news was that the major indexes bounced off their lows in the last hour of trading. The Dow Jones Industrial Average fell 1.1% or 286.14 to 25,490.47 . The S&P 500 slumped 1.2% or 34.65 to 2,821.62 and the Nasdaq Composite dropped 1.6% or 122.56 to 7,628.28. Stocks have succumbed to selling pressure in May after Washington and Beijing engaged in...

Gold futures edge down for the session, climb for the week

Gold futures edged lower Friday, pulling back from the one-week high they settled at a day earlier. Prices for the haven metal, however, ended the week higher against backdrop of worries surrounding the U.S.-China trade standoff and political uncertainty in the U.K. Prime Minister Theresa May announced her decision Friday to step down. June gold fell $1.80, or 0.1%, to settle at $1,283.60 an ounce on Comex. For the week, prices gained 0.6%, according to FactSet data. Source : MarketWatch

Gold Holds Advance as Trade War Spurs Growth Concerns

Gold held much of Thursday™s gain, heading for a weekly advance, as escalating trade tensions between the U.S. and China damped the outlook for growth. Spot gold -0.1% at $1,281.60/oz in London; after +0.8% Thursday. Price +0.3% this week. Bloomberg Dollar Spot Index flat. Global stocks retreated for a third week and yields on 10-year Treasuries are near the lowest since 2017, helping to support the precious metal. Still, bullion has been pressured by a stronger...

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