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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 end lowers (Review)

Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The Hang Seng Index eased 0.07 percent, or 17.92 points, to 26,503.93. The benchmark Shanghai Composite Index lost 0.56 percent, or 16.83 points, to 2,991.05, and the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- slipped 1.11 percent, or 18.38 points, to...

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...

Dow Closes At 3-Week High as Investors Cheer Start to Earnings Season

U.S. stocks finished at more-than-three-week highs Tuesday, as investors cheered a raft of largely upbeat corporate earnings reports, while considering the implications of a partial U.S.-China trade deal announced last Friday and the possibility of a breakthrough in Brexit negotiations. The Dow Jones Industrial Average  rose 237.44 points, or 0.9%, to end at 27,024.80, while the S&P 500 index gained 29.53 points, or 1%, to finish at 2,995.68. The Nasdaq Composite Index advanced...

US Guarantees Hormuz Shipping Passage
Monday, 17 June 2019 10:39 WIB | GLOBAL |Global

The United States says it will "guarantee freedom of navigation" for shipping through the Strait of Hormuz through diplomatic talks or military intervention, contending again that it was "unmistakable" that Iran launched last week's attacks on two tankers sailing through the narrow passage.

"These were attacks by the Islamic Republic of Iran on commercial shipping on the freedom of navigation with the clear intent to deny transit through the Strait," Secretary of State Mike Pompeo told Fox News Sunday.

The top U.S. diplomat said the United States does not want war with Tehran, but it will ensure passage through the chokepoint that links the Persian Gulf and Gulf of Oman, a hook-shaped body of water through which as much as a third of the world's oil supply is shipped.

"The United States is going to make sure that we take all the actions necessary, diplomatic and otherwise, that achieve that outcome," he told Fox.

Pompeo told another Sunday news talk show, CBS News' Face the Nation, that military intervention would be employed if necessary.

Iran has rejected the U.S. accusation it is responsible for the attacks on the Norwegian and Japanese ships, one transporting oil and the other chemicals.

The president of the Japanese company operating the Kokuka Courageous tanker said he saw something fly toward the vessel and did not believe the ship was attacked by a mine or torpedo.

Source : VOA

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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 end lowers (Review)

Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The Hang Seng Index eased 0.07 percent, or 17.92 points, to 26,503.93. The benchmark Shanghai Composite Index lost 0.56 percent, or 16.83 points, to 2,991.05, and the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- slipped 1.11 percent, or 18.38 points, to...

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...

Dow Closes At 3-Week High as Investors Cheer Start to Earnings Season

U.S. stocks finished at more-than-three-week highs Tuesday, as investors cheered a raft of largely upbeat corporate earnings reports, while considering the implications of a partial U.S.-China trade deal announced last Friday and the possibility of a breakthrough in Brexit negotiations. The Dow Jones Industrial Average  rose 237.44 points, or 0.9%, to end at 27,024.80, while the S&P 500 index gained 29.53 points, or 1%, to finish at 2,995.68. The Nasdaq Composite Index advanced...

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