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POPULAR NEWS
Gold Heads for Second Weekly Drop on Dollar's Strength

Gold poised for second weekly drop as stronger dollar counters uncertainty surrounding global growth amid trade tensions between the U.S. and China. Bullion for immediate delivery +0.1% to $1,268.45/oz at 9:24am in Singapore; -0.8% this week after -1.5% last week. Metal touched $1,261.50 on Thursday, lowest level since Dec. 20 Bloomberg Dollar Spot Index holds near highest since July 2017 In other precious metals : Silver +0.2% to $16.3522/oz to pare 2nd weekly...

Dow aims to avoid longest losing streak in 40 years as energy shares jump

U.S. stocks rose in afternoon trading on Friday, in a partial rebound from a lengthy spat of trade-related weakness, though major indexes remained on track for weekly declines. Energy stocks were by far the biggest gainers of the day, with the group surging after OPEC reached a deal to boost output, though not by as much as some had expected. The Dow Jones Industrial Average rose 125 points, or 0.5%, to 24,586. The blue-chip average is coming off an eight-day losing streak, its longest such...

Gold Trims 2nd Weekly Loss as Platinum Hits 2016 Low

Gold gains, paring second weekly drop. Bullion's still trading near lowest this year, while dollar is close to highest since July on fears trade tensions between U.S. and China will escalate, hurting growth. Platinum slumps to lowest in more than two years. Bullion for immediate delivery strengthened 0.2% at $1,269.05/oz by 11:07am in London; it lost 0.8% this week. This metal touched $1,261.50 on Thurs, lowest since Dec. 20. Bloomberg Dollar Spot Index weakened...

Gold Prices Edge Up After Flash PMI Data Disappoints

The gold market saw a small uptick after the release of preliminary manufacturing and service-sector sentiment data. Gold prices edged up following the release of the PMI data, with August Comex gold futures last at $1,271.20, up 0.06% on the day. The flash U.S. manufacturing Purchasing Managers Index for June expanded at a slower pace, coming in at 54.6 in comparison to May's 56.4, research firm IHS Markit said in its latest report. The monthly figure came in short of market projections,...

Hong Kong stocks down by break

Hong Kong stocks finished the morning session in negative territory Friday following a sell-off on Wall Street owing to ongoing trade war fears. The Hang Seng Index fell 0.27 percent, or 78.77 points, to 29,217.28. Source : AFP

Nikkei dips in choppy trade; Toray drops, defence-equipment shares up
Tuesday, 28 November 2017 13:28 WIB | MARKET UPDATE |Nikkei 225Saham JepangIndeks acuan Nikkei 225Topix JepangJapan Topix

Japan's Nikkei share average dipped on Tuesday in choppy trade, with Toray Industries diving after it said a subsidiary had falsified data, while concerns North Korea might launch more missiles lifted stocks linked to defence.

The Nikkei closed 0.04 percent lower at 22,486.24, after earlier trading in positive territory.

Toray, a producer of synthetic fibres and textiles, lost 5.3 percent after it revealed 149 cases of quality data falsification at a materials-making subsidiary.

Producers of defence-related products soared after North Korea was suspected of preparing for another ballistic missile launch.

Howa Machinery Ltd, which makes firearms as well as machine tools and construction equipment, climbed 12.5 percent, gas mask maker Koken Ltd gained 2.3 percent, and flare and smoke marker manufacturer Hosoya Pyro-Engineering Co surged 5.3 percent.

Drug maker Shionogi & Co gained 2.1 percent with the company set to repurchase up to 4.8 million of its own shares, or 1.5 percent of outstanding stock.

The broader Topix slipped 0.26 percent to 1,772.07.

Source: Reuters

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POPULAR NEWS
Gold Heads for Second Weekly Drop on Dollar's Strength

Gold poised for second weekly drop as stronger dollar counters uncertainty surrounding global growth amid trade tensions between the U.S. and China. Bullion for immediate delivery +0.1% to $1,268.45/oz at 9:24am in Singapore; -0.8% this week after -1.5% last week. Metal touched $1,261.50 on Thursday, lowest level since Dec. 20 Bloomberg Dollar Spot Index holds near highest since July 2017 In other precious metals : Silver +0.2% to $16.3522/oz to pare 2nd weekly...

Dow aims to avoid longest losing streak in 40 years as energy shares jump

U.S. stocks rose in afternoon trading on Friday, in a partial rebound from a lengthy spat of trade-related weakness, though major indexes remained on track for weekly declines. Energy stocks were by far the biggest gainers of the day, with the group surging after OPEC reached a deal to boost output, though not by as much as some had expected. The Dow Jones Industrial Average rose 125 points, or 0.5%, to 24,586. The blue-chip average is coming off an eight-day losing streak, its longest such...

Gold Trims 2nd Weekly Loss as Platinum Hits 2016 Low

Gold gains, paring second weekly drop. Bullion's still trading near lowest this year, while dollar is close to highest since July on fears trade tensions between U.S. and China will escalate, hurting growth. Platinum slumps to lowest in more than two years. Bullion for immediate delivery strengthened 0.2% at $1,269.05/oz by 11:07am in London; it lost 0.8% this week. This metal touched $1,261.50 on Thurs, lowest since Dec. 20. Bloomberg Dollar Spot Index weakened...

Gold Prices Edge Up After Flash PMI Data Disappoints

The gold market saw a small uptick after the release of preliminary manufacturing and service-sector sentiment data. Gold prices edged up following the release of the PMI data, with August Comex gold futures last at $1,271.20, up 0.06% on the day. The flash U.S. manufacturing Purchasing Managers Index for June expanded at a slower pace, coming in at 54.6 in comparison to May's 56.4, research firm IHS Markit said in its latest report. The monthly figure came in short of market projections,...

Hong Kong stocks down by break

Hong Kong stocks finished the morning session in negative territory Friday following a sell-off on Wall Street owing to ongoing trade war fears. The Hang Seng Index fell 0.27 percent, or 78.77 points, to 29,217.28. Source : AFP

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