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POPULAR NEWS
Gold eases after breaching $1,450/oz on rate-cut hopes, Iran tensions

Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East. Spot gold hit $1,452.60 an ounce in early trade, its highest since May 2013, and was down 0.5% at $1,439.41, as of 07:41 GMT. The metal is on track for a second straight weekly gain. U.S. gold futures jumped about 1% to $1,440.50. At a central...

Hong Kong stocks close down (Review)

Hong Kong stocks ended with more losses Thursday, in line with a broad sell-off across Asia following a negative lead from Wall Street with energy firms hit by falling oil price The Hang Seng Index dropped 0.46 percent, or 131.51 points to 28,461.66. The benchmark Shanghai Composite Index sank 1.04 percent, or 30.51 points, to 2,901.18, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.63 percent, or 25.71 points, to 1,548.64. Source  : AFP

Gold Hits 6-Year High on Rate Outlook; Silver Climbs

Gold touched a fresh six-year high amid dovish comments from Federal Reserve officials and increased Middle East tensions. Silver heads for the biggest weekly gain since July 2016. Both metals gained after two senior Federal Reserve officials stressed the need to act quickly if the U.S. economy looked likely to stumble. Investors are also weighing tensions between U.S. and Iran as President Donald Trump said the U.S. œimmediately destroyed an Iranian drone that approached the...

Hong Kong Stocks Open Higher On Friday Morning

Hong Kong stocks started Friday morning with small gains after two days of losses with buying supported by fresh hopes of a deep interest rate cut by the Federal Reserve later this month. The Hang Seng Index rose 0.43 percent, or 123.49 points, to 28,585.15. The benchmark Shanghai Composite Index added 0.29 percent, or 8.50 points, to 2,909.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.37 percent, or 5.77 points, to 1,554.41. Source : AFP

Gold extends rise, as yellow metal's monster rally persists

Gold futures rose on Friday, adding to a push toward fresh six-year highs, amid a backdrop of lower interest rates and monetary-policy easing that bulls deem ideal for the metal to rally. August gold trading was gaining $10.70, or 0.8%, to $1,438.80 an ounce, after hitting $1,448 an ounce in electronic trade Thursday at 4 p.m. Eastern time. Thursday™s settlement was the loftiest for a most-active contract since May 13, 2013, marking a fresh 52-week high for the commodity, according to Dow...

US Authorities Arrest 50 in Alleged Marriage Fraud Scheme
Tuesday, 14 May 2019 23:41 WIB | GLOBAL |Global

U.S. authorities say they have arrested 50 people in connection with what prosecutors are calling a "large-scale marriage fraud scheme" aimed at circumventing immigration laws.

According to a grand jury indictment filed last week, the scheme operated out of the southern state of Texas and includes people located both there and Vietnam.

The court filings lay out an arrangement in which those wanting to gain permanent resident status in the United States paid between $50,000 and $70,000 to an organization led by Ashley Yen Nguyen.

Those people would then be matched with a U.S. citizen recruited by the organization, who would be given a cut of the payment, and in some cases would go on to recruit other citizens to take part in the scheme as well.

To make their immigration applications seem legitimate, authorities say the organization helped those involved create albums of wedding pictures and provided fake documents relating to taxes, utility accounts and employment records.

The indictment includes a range of charges against 96 people, including marriage fraud, mail fraud, immigration fraud, lying under oath and witness tampering.

"Marriage fraud is a serious crime," U.S. Citizen and Immigration Services Houston District Director Tony Bryson said in a statement. "USCIS remains steadfast in our commitment to ensuring national security, public safety and the integrity of the immigration system."

Prosecutors say the false nature of the marriages included spouses who have never lived together and do not intend to, ones who met briefly before applying for a marriage license if they met in person at all, and those who got married according to a financial arrangement worked out with Nguyen's organization.

The process for a U.S. citizen to seek permanent resident status for a spouse is extensive, with the USCIS asking for documents such as the marriage certificate, joint lease or ownership of property, a mixing of finances, and affidavits from people asserting the marriage is bona fide.

There are also multiple forms for both the citizen and the spouse to submit, and an interview for the couple, with warnings that providing false information is subject to criminal prosecution.

Source: VOA news

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POPULAR NEWS
Gold eases after breaching $1,450/oz on rate-cut hopes, Iran tensions

Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East. Spot gold hit $1,452.60 an ounce in early trade, its highest since May 2013, and was down 0.5% at $1,439.41, as of 07:41 GMT. The metal is on track for a second straight weekly gain. U.S. gold futures jumped about 1% to $1,440.50. At a central...

Hong Kong stocks close down (Review)

Hong Kong stocks ended with more losses Thursday, in line with a broad sell-off across Asia following a negative lead from Wall Street with energy firms hit by falling oil price The Hang Seng Index dropped 0.46 percent, or 131.51 points to 28,461.66. The benchmark Shanghai Composite Index sank 1.04 percent, or 30.51 points, to 2,901.18, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 1.63 percent, or 25.71 points, to 1,548.64. Source  : AFP

Gold Hits 6-Year High on Rate Outlook; Silver Climbs

Gold touched a fresh six-year high amid dovish comments from Federal Reserve officials and increased Middle East tensions. Silver heads for the biggest weekly gain since July 2016. Both metals gained after two senior Federal Reserve officials stressed the need to act quickly if the U.S. economy looked likely to stumble. Investors are also weighing tensions between U.S. and Iran as President Donald Trump said the U.S. œimmediately destroyed an Iranian drone that approached the...

Hong Kong Stocks Open Higher On Friday Morning

Hong Kong stocks started Friday morning with small gains after two days of losses with buying supported by fresh hopes of a deep interest rate cut by the Federal Reserve later this month. The Hang Seng Index rose 0.43 percent, or 123.49 points, to 28,585.15. The benchmark Shanghai Composite Index added 0.29 percent, or 8.50 points, to 2,909.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.37 percent, or 5.77 points, to 1,554.41. Source : AFP

Gold extends rise, as yellow metal's monster rally persists

Gold futures rose on Friday, adding to a push toward fresh six-year highs, amid a backdrop of lower interest rates and monetary-policy easing that bulls deem ideal for the metal to rally. August gold trading was gaining $10.70, or 0.8%, to $1,438.80 an ounce, after hitting $1,448 an ounce in electronic trade Thursday at 4 p.m. Eastern time. Thursday™s settlement was the loftiest for a most-active contract since May 13, 2013, marking a fresh 52-week high for the commodity, according to Dow...

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