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POPULAR NEWS
Oil Sputters After OPEC+ Fails to Nail Down New Output Target

Oil sputtered near $58 a barrel as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna. Futures were little changed in New York after gyrating throughout the previous session. While the Organization of Petroleum Exporting Countries is nearing a deal to cut production targets by 500,000 barrels a day, ministers left the cartel™s headquarters on Thursday without cementing an agreement....

Dollar Heads For Weekly Decline as Data and Trade Tensions Weigh

The dollar nursed a week of losses on Friday, hit by nervousness on trade and mixed signals about the U.S. economy, while the British pound stood tall as bets firmed that Prime Minister Boris Johnson can win a commanding electoral victory. The safe havens of the Japanese yen and Swiss franc were in demand as a hedge against Sino-U.S. trade talks collapsing, and as investors fretted that U.S. jobs figures due later in the day may fail to deliver an expected rebound. The euro held on to...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday. President Donald Trump said that talks were œmoving along well, although a news report said that Washington and Beijing remained at odds over agricultural purchases. Investors will likely focus on any trade-related headlines in the lead up to Dec. 15, which is when the U.S. has pledged to impose...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

Japan, US Say 3-Way Ties with S. Korea Are Key to Security
Wednesday, 13 November 2019 17:48 WIB | GLOBAL |Global

The chairman of the U.S. Joint Chiefs of Staff, Gen. Mark Milley, agreed with Japanese officials Tuesday that three-way cooperation with South Korea is key to regional security and that an intelligence sharing pact between Tokyo and Seoul should not be scrapped.

Japanese Foreign Minister Toshimitsu Motegi said he told Milley that discord among the three countries would only destabilize the region and benefit North Korea, China and Russia.

œWe shared a view that Japan-U.S.-South Korea cooperation is more important now than ever, as we discussed the latest situation related to North Korea, including the North's latest launch of ballistic missiles, Motegi said.

He and Milley also agreed on the importance of the Japan-South Korea intelligence sharing pact. Motegi added that Milley promised to convey that message to South Korea during his upcoming visit there.

South Korea has announced plans to scrap the General Security of Military Information Agreement, or GSOMIA, amid disputes with Japan over trade and wartime history.

The deal, which is set to expire later this month, symbolizes the Asian neighbors' security cooperation with Washington in the face of North Korea's nuclear and missile threat and China's growing influence.

U.S. President Donald Trump's administration has been exerting last-minute pressure on Japan and South Korea to keep the deal.

Milley also met with Prime Minister Shinzo Abe and Defense Minister Taro Kono, according to the Foreign Ministry and news reports.

Source : VOA

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POPULAR NEWS
Oil Sputters After OPEC+ Fails to Nail Down New Output Target

Oil sputtered near $58 a barrel as the OPEC+ coalition failed to pin down the details of an agreement to adjust its official output target even after six hours of talks in Vienna. Futures were little changed in New York after gyrating throughout the previous session. While the Organization of Petroleum Exporting Countries is nearing a deal to cut production targets by 500,000 barrels a day, ministers left the cartel™s headquarters on Thursday without cementing an agreement....

Dollar Heads For Weekly Decline as Data and Trade Tensions Weigh

The dollar nursed a week of losses on Friday, hit by nervousness on trade and mixed signals about the U.S. economy, while the British pound stood tall as bets firmed that Prime Minister Boris Johnson can win a commanding electoral victory. The safe havens of the Japanese yen and Swiss franc were in demand as a hedge against Sino-U.S. trade talks collapsing, and as investors fretted that U.S. jobs figures due later in the day may fail to deliver an expected rebound. The euro held on to...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday. President Donald Trump said that talks were œmoving along well, although a news report said that Washington and Beijing remained at odds over agricultural purchases. Investors will likely focus on any trade-related headlines in the lead up to Dec. 15, which is when the U.S. has pledged to impose...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs. Gold has struggled to sustain recent rallies as resilient U.S. economic data and bets on progress toward a U.S.-China trade deal limit demand for the...

Gold falls 1% after robust US jobs data

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. Spot gold slipped 1% to $1,461.01 per ounce. U.S. gold futures settled down 1.1% at $1,465.1 per...

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