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POPULAR NEWS
Gold Futures Settle with a Modest Loss

Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst or move, said James Hatzigiannis, chief market strategist at Ploutus Capital Advisors. There are a number of bullish developments for prices, however, including the increases in cases of coronavirus, which is supportive for the haven metal, he said. August gold fell 70 cents, or 0.04%, to settle at...

Gold Futures Settle with a Modest Gain, Buoyed by a Retreat in The U.S. Dollar

Gold futures posted a modest gain on Wednesday, with dollar-denominated prices for the metal supported by weakness in the U.S. dollar. Strength in global stock markets, on the heels of some positive news surrounding a coronavirus vaccine limited gold's price climb. August gold rose 40 cents, or 0.02%, to settle at $1,813.80 an ounce. Source : Marketwatch

Gold Holds Gain Above $1,800 as Silver Futures Advance

Gold held a two-day advance above $1,800 an ounce as investors tracked tensions between the U.S. and China, progress in developing a coronavirus vaccine, and the mixed outlook for the global economy. Silver futures neared $20 an ounce. President Donald Trump ordered an end to Hong Kong™s special status with the U.S., the latest escalation in tensions between the world™s largest economies. Trump also said he had no plans to speak with Chinese President Xi...

Hong Kong Stocks Close Lower (Review)

Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up again. The Hang Seng Index shed 1.14 percent, or 294.23 points, to 25,477.89. The benchmark Shanghai Composite Index fell 0.83 percent, or 28.67 points, to 3,414.62 while the Shenzhen Composite Index on China's second exchange slipped 0.85 percent, or 19.83 points, to 2,309.57. Source : AFP

Oil rises slightly ahead of OPEC+ meeting

Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States. Brent crude futures gained 18 cents, or 0.42%, to settle at $42.90 per barrel, after moving lower earlier in the session. West Texas Intermediate crude futures settled 19 cents, or 0.47%, higher at $40.29 per barrel. The Organization of the Petroleum Exporting Countries and its allies led by...

US Supreme Court Agrees to Hear 1998 Embassy Bombings Case
Friday, 28 June 2019 23:43 WIB | GLOBAL |Global

The Supreme Court agreed Friday to hear a case about billions of dollars awarded by a court to victims of the 1998 bombing of the U.S. embassies in Nairobi, Kenya, and Dar es Salaam, Tanzania.

More than 200 people died in the attacks and more than 1,000 were injured. The justices are starting their summer break, but said they would hear the case after they resume hearing arguments in the fall.

The case the justices agreed to hear involves a group of individuals who were victims of the attacks and their family members. They sued Sudan, arguing that it caused the bombings by providing material support to al-Qaeda.

A trial court awarded approximately $10.2 billion in damages including approximately $4.3 billion in punitive damages. But an appeals court overturned the punitive damages award. The Supreme Court will determine if that decision was correct.

A law called the Foreign Sovereign Immunities Act generally says that foreign countries are immune from civil lawsuits in federal and state courts in the United States. But there's an exception when a country is designated a œstate sponsor of terrorism as Sudan was. The Supreme Court is being asked to decide whether the law allows punitive damages for events that happened before the most recent revision to the act in 2008.

Source : VOA News

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POPULAR NEWS
Gold Futures Settle with a Modest Loss

Gold futures posted a modest loss on Tuesday, holding ground above the key $1,800 an ounce mark. Gold "definitely saw some profit taking but it is more wait and see" ahead of the next big catalyst or move, said James Hatzigiannis, chief market strategist at Ploutus Capital Advisors. There are a number of bullish developments for prices, however, including the increases in cases of coronavirus, which is supportive for the haven metal, he said. August gold fell 70 cents, or 0.04%, to settle at...

Gold Futures Settle with a Modest Gain, Buoyed by a Retreat in The U.S. Dollar

Gold futures posted a modest gain on Wednesday, with dollar-denominated prices for the metal supported by weakness in the U.S. dollar. Strength in global stock markets, on the heels of some positive news surrounding a coronavirus vaccine limited gold's price climb. August gold rose 40 cents, or 0.02%, to settle at $1,813.80 an ounce. Source : Marketwatch

Gold Holds Gain Above $1,800 as Silver Futures Advance

Gold held a two-day advance above $1,800 an ounce as investors tracked tensions between the U.S. and China, progress in developing a coronavirus vaccine, and the mixed outlook for the global economy. Silver futures neared $20 an ounce. President Donald Trump ordered an end to Hong Kong™s special status with the U.S., the latest escalation in tensions between the world™s largest economies. Trump also said he had no plans to speak with Chinese President Xi...

Hong Kong Stocks Close Lower (Review)

Hong Kong shares finished more than one percent lower Tuesday, in line with an Asian retreat, as traders fret over the reimposition of containment measures in several countries as the virus flares up again. The Hang Seng Index shed 1.14 percent, or 294.23 points, to 25,477.89. The benchmark Shanghai Composite Index fell 0.83 percent, or 28.67 points, to 3,414.62 while the Shenzhen Composite Index on China's second exchange slipped 0.85 percent, or 19.83 points, to 2,309.57. Source : AFP

Oil rises slightly ahead of OPEC+ meeting

Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June, although demand concerns lingered due to increased cases of COVID-19 in the United States. Brent crude futures gained 18 cents, or 0.42%, to settle at $42.90 per barrel, after moving lower earlier in the session. West Texas Intermediate crude futures settled 19 cents, or 0.47%, higher at $40.29 per barrel. The Organization of the Petroleum Exporting Countries and its allies led by...

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