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POPULAR NEWS
Gold falls to three-month low as demand for haven assets wanes

Gold futures settled firmly lower Monday, driving the yellow metal to the weakest level level in about three months. December gold concluded the session off $5.80, or 0.4%, at $1,457.10, marking the lowest finish for the most-active contract since early August, according to Dow Jones Market Data. A recent resurgence in equity markets, notably the Dow Jones Industrial Average and the S&P 500 index have sapped demand for gold and assets perceived as havens, including Treasurys. Indeed,...

Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold Rebounds Amid Hong Kong Unrest; Palladium Drops

Gold advanced after its biggest weekly drop in three years as investors weigh the latest developments in U.S.-China trade talks and escalating unrest in Hong Kong. Palladium fell to a one-month low. President Donald Trump said Saturday trade talks with China are moving along œvery nicely, and said the leaders in Beijing wanted a deal œmuch more than I do. Citywide protests in Hong Kong that saw a demonstrator shot helped support demand for haven assets after last week™s...

Crude Oil Dips Amid Mixed Signals on Trade Talks From Trump

Oil eased in Asian trading Monday after President Donald Trump said trade talks with Beijing were progressing, while casting doubt on how far the White House was prepared to bend in removing tariffs. Brent crude futures were down 0.3%, after rising 0.4% on Friday. The global crude benchmark gained 1.3% over the past week. Trump said Saturday that negotiations with China are moving along œvery nicely, and said the leaders in Beijing wanted a deal œmuch more than I do....

U.S. Oil Prices Sink 0.7% Amid Worries of China Trade Progress

Oil futures settled lower Monday as recent developments in Sino-American trade negotiations reignited some fears about demand for energy assets in the face of a prolonged tariff scuffle. West Texas Intermediate crude for December delivery, the U.S. benchmark, fell 38 cents, or 0.7%, to end at $56.86 a barrel. President Donald Trump on Saturday said negotiations between China and the U.S. toward a partial trade deal, referred to as phase one, were going "very nicely" but he said recent...

Russia Turns the Screws on Internet Freedom
Tuesday, 15 October 2019 10:57 WIB | GLOBAL |Global

New legislation likely to be introduced next month in Russia's Duma, or lower chamber of parliament, would see tighter restrictions on the internet and on computers, tablets and other devices used to access the internet.

The proposals include a provision for the identification of all email users and a requirement for new internet-able devices to be sold with pre-installed Russian software ” a legal obligation that could stop Apple, which won't install non-Apple software on its products, from selling computers and laptops in Russia.

When the details of the legislation were first revealed last week, most media attention was focused on the proposal to limit to 20 percent the share foreign investors can own in Russian tech companies, a provision analysts calculated was aimed at Russia's largest internet company, Yandex.

On Friday, Yandex saw  the value of its shares plunge more than 18 percent on the Wall Street stock exchange, the steepest decline in a year. Yandex owns the most popular Russian search engine and provides other online-based services, including food delivery and taxis.

While the proposed ownership limiting foreign stakes in IT companies immediately alarmed foreign stock markets, the other provisions are adding to a slow burn of doubt with investors fearing further tech and internet restrictions will make it increasingly difficult to do business in Russia ” or to do so ethically.

For rights campaigners and anti-Kremlin opposition groups, the entire package ” which was drafted by pro-Kremlin lawmakers, but which local media say has the backing of the Russian government ” amounts to a tightening of control by the authorities of the internet and a further enhancement of their ability to monitor online activity.

The government has been ramping up its internet regulations, seeking to exercise greater control over its physical infrastructure as well and regulate the content that can be accessed by Russians. In the past few years, it has required search engines to delete some search results and oblige messaging services to share encryption keys with security services.

In March, President Vladimir Putin signed two measures into law, one banning the publication of "unreliable, socially significant information" on the internet and another introducing fines and jail time for internet users who "disrespect" the authorities.

Source : VOA

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POPULAR NEWS
Gold falls to three-month low as demand for haven assets wanes

Gold futures settled firmly lower Monday, driving the yellow metal to the weakest level level in about three months. December gold concluded the session off $5.80, or 0.4%, at $1,457.10, marking the lowest finish for the most-active contract since early August, according to Dow Jones Market Data. A recent resurgence in equity markets, notably the Dow Jones Industrial Average and the S&P 500 index have sapped demand for gold and assets perceived as havens, including Treasurys. Indeed,...

Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold Rebounds Amid Hong Kong Unrest; Palladium Drops

Gold advanced after its biggest weekly drop in three years as investors weigh the latest developments in U.S.-China trade talks and escalating unrest in Hong Kong. Palladium fell to a one-month low. President Donald Trump said Saturday trade talks with China are moving along œvery nicely, and said the leaders in Beijing wanted a deal œmuch more than I do. Citywide protests in Hong Kong that saw a demonstrator shot helped support demand for haven assets after last week™s...

Crude Oil Dips Amid Mixed Signals on Trade Talks From Trump

Oil eased in Asian trading Monday after President Donald Trump said trade talks with Beijing were progressing, while casting doubt on how far the White House was prepared to bend in removing tariffs. Brent crude futures were down 0.3%, after rising 0.4% on Friday. The global crude benchmark gained 1.3% over the past week. Trump said Saturday that negotiations with China are moving along œvery nicely, and said the leaders in Beijing wanted a deal œmuch more than I do....

U.S. Oil Prices Sink 0.7% Amid Worries of China Trade Progress

Oil futures settled lower Monday as recent developments in Sino-American trade negotiations reignited some fears about demand for energy assets in the face of a prolonged tariff scuffle. West Texas Intermediate crude for December delivery, the U.S. benchmark, fell 38 cents, or 0.7%, to end at $56.86 a barrel. President Donald Trump on Saturday said negotiations between China and the U.S. toward a partial trade deal, referred to as phase one, were going "very nicely" but he said recent...

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