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POPULAR NEWS
Gold Holds Gain as Investors Weigh Partial Trade Deal

Gold held an advance as investors weighed the partial trade deal between the U.S. and China, with investors keen for greater detail on the pact™s contents so they can better gauge the consequences for raw materials including bullion, and a clearer sense of what remains to be addressed. Bullion seesawed on Friday before ending higher after Washington and Beijing agreed to the first phase of a broader deal that will see China boost imports, including of American agricultural...

Tokyo stocks open lower as profit-taking

Tokyo stocks opened lower Monday, with traders taking money off the table following a 2.55-percent rally in the previous session that was fuelled by a US-China trade deal and Britain's election. The benchmark Nikkei 225 index slipped 0.25 percent or 60.31 points to 23,962.79 in early trade, while the broader Topix index was down 0.06 percent or 0.97 points at 1,739.01. Sumber : AFP

Yuan and Aussie off four-month high, sterling ticks up

The Chinese yuan and the Australian dollar hovered below four-month highs touched last week in early Monday trade as investors pored over the U.S.-China trade deal, while sterling stayed strong after a decisive UK general election. The offshore yuan traded at 7.0026 yuan per dollar, slipping back from a four-month high of 6.9247 per dollar hit last week. The trade-sensitive Australian dollar fetched $0.6876, easing from Friday's four-month high of $0.6930. The euro stood at $1.1126, up...

Oil Retreats as Optimism Over Trade Deal Gives Way to Caution

Oil retreated from a three-month high as optimism the U.S. and China™s trade deal will spur demand gave way to caution due to the agreement™s limited nature and lack of detail. Futures fell as much as 0.6% in New York after closing up 1.5% Friday. The dealinvolves China buying more American farm products and making new commitments on intellectual property, while the U.S. will suspend new levies and halve existing tariffs on $120 billion of Chinese imports. The agreement is expected...

HongKong stocks open with losses

Hong Kong stocks opened lower Monday morning as investors await details of a partial trade pact agreed between China and the United States at the weekend. The Hang Seng index eased 0.57 percent, or 157.26 points, to 27,530.50. But the benchmark Shanghai Composite Index edged up 0.11 percent, or 3.29 points, to 2,970.97 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.32 percent, or 5.31 points, to 1,665.86. Source: AFP

Pompeo Accuses Huawei of Lying About Ties to Chinese Government
Friday, 24 May 2019 18:54 WIB | GLOBAL |Global

U.S. Secretary of State Mike Pompeo has accused the head of Chinese telecommunications giant Huawei Technologies of lying about his company's relationship with the government in Beijing.

Pompeo said in a CNBC interview Thursday that Huawei "is tied not only to China but to the Chinese Communist Party." He added, "The existence of those connections puts American information that crosses those networks at risk."

Huawei, the world's largest maker of telecommunications network equipment, is a leader in 5G technology. It has been trying to win contracts to build a global network that would make the internet much faster.

Last week, the U.S. government banned American companies from doing business with Huawei, escalating a heated trade war between the world's two largest economies.

CEO Ren Zhengfei has maintained his company would not share secret user information. Huawei denies it is controlled by Beijing. The company also says it does not work with the Chinese government, an assertion Pompeo dismisses.

Source : VOA

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POPULAR NEWS
Gold Holds Gain as Investors Weigh Partial Trade Deal

Gold held an advance as investors weighed the partial trade deal between the U.S. and China, with investors keen for greater detail on the pact™s contents so they can better gauge the consequences for raw materials including bullion, and a clearer sense of what remains to be addressed. Bullion seesawed on Friday before ending higher after Washington and Beijing agreed to the first phase of a broader deal that will see China boost imports, including of American agricultural...

Tokyo stocks open lower as profit-taking

Tokyo stocks opened lower Monday, with traders taking money off the table following a 2.55-percent rally in the previous session that was fuelled by a US-China trade deal and Britain's election. The benchmark Nikkei 225 index slipped 0.25 percent or 60.31 points to 23,962.79 in early trade, while the broader Topix index was down 0.06 percent or 0.97 points at 1,739.01. Sumber : AFP

Yuan and Aussie off four-month high, sterling ticks up

The Chinese yuan and the Australian dollar hovered below four-month highs touched last week in early Monday trade as investors pored over the U.S.-China trade deal, while sterling stayed strong after a decisive UK general election. The offshore yuan traded at 7.0026 yuan per dollar, slipping back from a four-month high of 6.9247 per dollar hit last week. The trade-sensitive Australian dollar fetched $0.6876, easing from Friday's four-month high of $0.6930. The euro stood at $1.1126, up...

Oil Retreats as Optimism Over Trade Deal Gives Way to Caution

Oil retreated from a three-month high as optimism the U.S. and China™s trade deal will spur demand gave way to caution due to the agreement™s limited nature and lack of detail. Futures fell as much as 0.6% in New York after closing up 1.5% Friday. The dealinvolves China buying more American farm products and making new commitments on intellectual property, while the U.S. will suspend new levies and halve existing tariffs on $120 billion of Chinese imports. The agreement is expected...

HongKong stocks open with losses

Hong Kong stocks opened lower Monday morning as investors await details of a partial trade pact agreed between China and the United States at the weekend. The Hang Seng index eased 0.57 percent, or 157.26 points, to 27,530.50. But the benchmark Shanghai Composite Index edged up 0.11 percent, or 3.29 points, to 2,970.97 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.32 percent, or 5.31 points, to 1,665.86. Source: AFP

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