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POPULAR NEWS
Gold Set for Weekly Gain as Goldman Sees Higher Prices

Gold heads for first gain in four weeks as dollar retreats amid signs that concerns over trade tensions are easing, while Goldman Sachs Group Inc. sees prices increasing in coming months. Bullion for immediate delivery +0.2% to $1,209.06/oz by 6:50am in London; +1.2% this week Bloomberg Dollar Spot Index flat; heads for 2nd weekly decline In other precious metals: Silver +0.5% to $14.3937/oz; +2.4% this week. Platinum +5.2% this week, set for best gain since...

U.S. Oil Futures Settle Lower as Trump Pressures OPEC to Lower Prices

Oil prices fell on Thursday after U.S. President Donald Trump, in a tweet, called on the Organization of the Petroleum Exporting Countries to lower crude prices. "The U.S. is keen to avoid the fallout from Iran sanctions," said Fiona Cincotta, senior market analyst at City Index. U.S. representatives have in separate negotiations asked the two of the largest producers, Saudi Arabia and Russia, "to keep production levels up in order to avoid a spike in prices," she said. October West Texas...

Dow, S&P 500 Close at Records as Blue Chips Support Broad-Based Rally

U.S. stocks closed higher Thursday, with both the Dow Jones Industrial Average and the S&P 500 setting records, as strong economic data helped to alleviate concerns over escalating U.S.-China trade tensions. Blue chips helped to fuel the rally, with all but two of the Dow™s 30 components finishing in positive territory. The Dow gained 251.22 points, or 1%, to 26,656, hitting a record for the first time since January. The S&P advanced 22.80 points, or 0.8%, to 2,930.75, notching its...

Hong Kong Stocks Squeeze Out Fresh Gains (Review)

Hong Kong stocks edged up Thursday on lingering hopes China and the United States will eventually reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.26 percent, or 70.30 points, to close at 27,477.67. But the benchmark Shanghai Composite Index slipped 0.06 percent, or 1.61 points, to 2,729.24, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.22 percent, or 3.20 points, to 1,420.02. Source : AFP

Tokyo stocks open higher, extending Wall St rallies

Tokyo stocks opened higher on Friday, extending rallies in New York as investors shrugged off trade war worries and focused on positive economic data. The benchmark Nikkei 225 index was up 0.62 percent, or 146.60 points, at 23,821.53 while the broader Topix index was up 0.58 percent, or 10.31 points, at 1,797.91. Sumber : AFP

Koreas to Open Joint Liaison Office on Friday
Wednesday, 12 September 2018 21:10 WIB | GLOBAL |Global

North and South Korea will open a joint liaison office on Friday aimed at fostering cross-border communications and relations.

South Korea's Unification Ministry announced Wednesday the new office will be opened in the North Korean city of Kaesong, located near the border that splits the rivals.

The ministry says the liaison office will become "a round-the-clock consultation and communication channel" aimed at "easing military tensions and establishing peace on the Korean Peninsula."

Both nations will deploy up to 20 officials to staff the office.

The idea for the liaison office grew out of the April summit between North Korean leader Kim Jong Un and South Korean President Moon Jae-in. It was scheduled to open last month, but was delayed due to an impasse between North Korea and the United States over the pace of North Korea's dismantling of its nuclear weapons program, a promise Kim Jong Un made during his summit with President Donald Trump in Singapore in June.

The situation has since improved after a South Korean presidential delegation traveled to Pyongyang last week and personally met with Kim, who passed on a letter to President Trump offering to engage in a second round of talks.

Source : VOA

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POPULAR NEWS
Gold Set for Weekly Gain as Goldman Sees Higher Prices

Gold heads for first gain in four weeks as dollar retreats amid signs that concerns over trade tensions are easing, while Goldman Sachs Group Inc. sees prices increasing in coming months. Bullion for immediate delivery +0.2% to $1,209.06/oz by 6:50am in London; +1.2% this week Bloomberg Dollar Spot Index flat; heads for 2nd weekly decline In other precious metals: Silver +0.5% to $14.3937/oz; +2.4% this week. Platinum +5.2% this week, set for best gain since...

U.S. Oil Futures Settle Lower as Trump Pressures OPEC to Lower Prices

Oil prices fell on Thursday after U.S. President Donald Trump, in a tweet, called on the Organization of the Petroleum Exporting Countries to lower crude prices. "The U.S. is keen to avoid the fallout from Iran sanctions," said Fiona Cincotta, senior market analyst at City Index. U.S. representatives have in separate negotiations asked the two of the largest producers, Saudi Arabia and Russia, "to keep production levels up in order to avoid a spike in prices," she said. October West Texas...

Dow, S&P 500 Close at Records as Blue Chips Support Broad-Based Rally

U.S. stocks closed higher Thursday, with both the Dow Jones Industrial Average and the S&P 500 setting records, as strong economic data helped to alleviate concerns over escalating U.S.-China trade tensions. Blue chips helped to fuel the rally, with all but two of the Dow™s 30 components finishing in positive territory. The Dow gained 251.22 points, or 1%, to 26,656, hitting a record for the first time since January. The S&P advanced 22.80 points, or 0.8%, to 2,930.75, notching its...

Hong Kong Stocks Squeeze Out Fresh Gains (Review)

Hong Kong stocks edged up Thursday on lingering hopes China and the United States will eventually reach an agreement to avert an all-out trade war. The Hang Seng Index rose 0.26 percent, or 70.30 points, to close at 27,477.67. But the benchmark Shanghai Composite Index slipped 0.06 percent, or 1.61 points, to 2,729.24, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.22 percent, or 3.20 points, to 1,420.02. Source : AFP

Tokyo stocks open higher, extending Wall St rallies

Tokyo stocks opened higher on Friday, extending rallies in New York as investors shrugged off trade war worries and focused on positive economic data. The benchmark Nikkei 225 index was up 0.62 percent, or 146.60 points, at 23,821.53 while the broader Topix index was up 0.58 percent, or 10.31 points, at 1,797.91. Sumber : AFP

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