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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

South Korea Removes Japan from Fast-Track Trade List
Wednesday, 18 September 2019 23:25 WIB | GLOBAL |

South Korea has followed through with a pledge to remove Japan from a preferred list of nations that enjoy fast track trade status, the latest chapter in an escalating diplomatic dispute tied to Japan's 20th century occupation of the Korean peninsula.

Tokyo's removal from a so-called "white list" of nations enjoying minimal trade restrictions means South Korean companies would have to wait as many as 15 days to win approval to export sensitive materials to Japan, compared to five days under the fast track status. 

Wednesday's action comes just weeks after Tokyo removed South Korea from its "white list" of trusted trade partners.  The decision restricts exports of hi-tech materials to South Korea that are used to produce semiconductors and displays in smartphones and other electronics that serve as the backbone of South Korea™s export-driven economy.

Seoul has filed a complaint with the World Trade Organization over a separate move by Japan to tighten export controls on those materials.

Tokyo's decision to rescind Seoul's fast track trade status are widely seen as retaliation for recent court rulings in South Korea ordering Japanese companies to compensate Koreans who were forced to work in Japanese plants du.

The companies have not complied with the rulings, leading some victims to begin the legal process to seize or liquidate the companies™ assets in Korea.

Source : VOA

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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

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