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POPULAR NEWS
Yen Surges, Offshore Yuan Tumbles as Trade War Intensifies

The yen surged on Monday as investors flocked to safe-haven assets after a sharp re-escalation in the U.S.-China trade war, which whacked investor confidence and darkened the global economic outlook. The yuan also tumbled in offshore trade, weighed by expectations of a deeper slowdown in China as the world™s two-largest economies exchanged barbs over trade. The Swiss franc and gold, two assets sought during times of heightened risk aversion, shot up in early Asian trade. The yen surged to...

Gold Touches Over Six-Year Peak as Risk-Off Appetite Stoked

Gold prices jumped to a fresh six-year high on Monday as the announcement of new tariffs in the escalating Sino-U.S. trade war sent equity markets tumbling, and investors rushing for safe-haven assets. Spot gold jumped 1.2% to $1,544 per ounce as of 0141 GMT, having earlier touched $1,554.56 an ounce, its highest since April 2013. U.S. gold futures were up 1.1% at $1,554.90 an ounce. On Friday, U.S. President Donald Trump announced a 5% additional duty on $550 billion in targeted Chinese...

Tokyo's Nikkei Opens Down 2.6% as Yen Surges on Trade Fears

Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions. The Nikkei 225 was down 2.56 percent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 percent, or 36.78 points, to 1,465.47. Source : AFP

Nikkei Tumbles to 3-Week Low as U.S.-China Trade War Worsens

Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets. The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day. China on Friday imposed tariffs on about $75 billion in imports from the United States including some agricultural products, crude oil and small...

Asia Shares Sink, Bonds Surge as Trade Fears Mount

Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen. Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-2016, while gold hit its highest since April 2013 as risk was shunned. The Chinese yuan also came under pressure, with the dollar quoted up at 7.1710 and markets braced for more intervention from...

Iran Offers to Take Steps Toward Easing Tensions with US
Friday, 19 July 2019 17:11 WIB | GLOBAL |Global

Iran signaled Thursday that it was willing to take steps to reduce the tensions over its nuclear program with the Trump administration.

Iranian Foreign Minister Mohammad Javad Zarif told reporters in New York that Tehran would be open to more intrusive inspections of its nuclear program if Washington lifted its economic sanctions. 

But the offer, which Zarif described as "a substantial move," was met with a tepid response. 

A senior administration official told VOA on background, "The president has repeatedly said he is willing to have a conversation with Iranian leaders. If Iran wants to make a serious gesture, it should start by ending uranium enrichment immediately and having an actual decision-maker attempt to negotiate a deal that includes a permanent end to Iran's malign nuclear ambitions, including its development of nuclear-capable missiles."

The Trump administration has been tightening sanctions on Iran since the U.S. withdrew from the 2015 multilateral nuclear deal known as the Joint Comprehensive Program of Action.

Washington is trying to force Tehran to agree to stricter limits on its nuclear capacity, curb its ballistic missile program and end support for proxy forces in a regional power struggle with U.S.-backed Persian Gulf Arab states. 

Source : VOA

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POPULAR NEWS
Yen Surges, Offshore Yuan Tumbles as Trade War Intensifies

The yen surged on Monday as investors flocked to safe-haven assets after a sharp re-escalation in the U.S.-China trade war, which whacked investor confidence and darkened the global economic outlook. The yuan also tumbled in offshore trade, weighed by expectations of a deeper slowdown in China as the world™s two-largest economies exchanged barbs over trade. The Swiss franc and gold, two assets sought during times of heightened risk aversion, shot up in early Asian trade. The yen surged to...

Gold Touches Over Six-Year Peak as Risk-Off Appetite Stoked

Gold prices jumped to a fresh six-year high on Monday as the announcement of new tariffs in the escalating Sino-U.S. trade war sent equity markets tumbling, and investors rushing for safe-haven assets. Spot gold jumped 1.2% to $1,544 per ounce as of 0141 GMT, having earlier touched $1,554.56 an ounce, its highest since April 2013. U.S. gold futures were up 1.1% at $1,554.90 an ounce. On Friday, U.S. President Donald Trump announced a 5% additional duty on $550 billion in targeted Chinese...

Tokyo's Nikkei Opens Down 2.6% as Yen Surges on Trade Fears

Tokyo's key Nikkei index plunged as much as 2.6 percent at the open on Monday as the yen surged against the dollar on escalating US-China trade tensions. The Nikkei 225 was down 2.56 percent, or 529.86 points, to 20,181.05 in early trade, while the broader Topix index lost 2.45 percent, or 36.78 points, to 1,465.47. Source : AFP

Nikkei Tumbles to 3-Week Low as U.S.-China Trade War Worsens

Japanese shares shed more than 2% on Monday, with China-related firms leading the losses after a fresh escalation in the Sino-U.S. trade war knocked global equities markets. The Nikkei share average fell as much as 2.6% to 20,173.76, its lowest level since Aug. 6, before ending the morning session at 20,258.92, 2.2% lower on the day. China on Friday imposed tariffs on about $75 billion in imports from the United States including some agricultural products, crude oil and small...

Asia Shares Sink, Bonds Surge as Trade Fears Mount

Asian shares were a sea of red on Monday as the latest salvo in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbors of sovereign bonds, gold and the Japanese yen. Yields on benchmark 10-year Treasury debt dropped to their lowest since mid-2016, while gold hit its highest since April 2013 as risk was shunned. The Chinese yuan also came under pressure, with the dollar quoted up at 7.1710 and markets braced for more intervention from...

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