• Gold Prices Jump as Political Instability Moves Dollar Lower
Gold Prices Jump as Political Instability Moves Dollar Lower

MSCI's broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS was down 0.2 percent in early trading, while Japan's Nikkei was 1.2 percent lower as the stronger yen sapped investors' appetite. The price of gold rose on Thursday for the third straight day, reaching a two - month high as another exchange of threats by the United States a...

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  • Facebook has quietly launched a Moments-like app in China, bypassing censorship
Facebook has quietly launched a Moments-like app in China, bypassing censorship

This file photo shows logos of United States online social media and social networking service Facebook in Vertou, western France. FACEBOOK has nearly always been on the outs with the Chinese government, but they may have found a way around the Great Firewall: a secret photo-sharing app called Colorful Balloons that has been available in the co...

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  • Japan expected to announce second quarter GDP growth
Japan expected to announce second quarter GDP growth

Exports fell 0.5% quarter-on-quarter for the first contraction in four quarters, while imports climbed 1.4%, the office said. Compared to the previous quarter, Japan's GDP in April-June increased by 1% against an expected rise of 0.6%. With households spending more in durable goods and leisure despite subdued wage growth, private consumption expa...

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  • GoDaddy Pulls The Plug On Neo-Nazi Website The Daily Stormer
GoDaddy Pulls The Plug On Neo-Nazi Website The Daily Stormer

The hackers group "Anonymous" on Monday took down the neo-Nazi website Daily Stormer , because it published an article putting down Heather Heyer, 32, who had been murdered by a neo-Nazi ramming terrorist in Charlottesville, Virginia. Anonymous later added , "To be clear, we're saying they weren't hacked". Neo-Nazi website The Daily Stormer h...

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  • Tokyo stocks close lower on continued geopolitical concerns, GDP data adds support
Tokyo stocks close lower on continued geopolitical concerns, GDP data adds support

The 225-issue Nikkei Stock Average lost 192.64 points, or 0.98 percent, from Thursday to finish the day at 19,537.10, marking its lowest close since May 2. Safe haven demand has faltered as we begin the new trading week, which has seen the precious metal fall from Friday's 2-month high of $1292, however the bullish flag towards $1320 remains valid.

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  • China's retail sales up 10.4 pct in July
China's retail sales up 10.4 pct in July

Export data released last week showed China's aluminium shipments overseas were down 4.3 percent month-on-month at 440,000 tonnes in July, although they were up 12.8 percent on a year earlier. " We continue to think the correction in the property market will be only moderate, even though the growth in property investment slowed further in July ", A...

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  • Wholesale inflation rose by 1.88% in July after easing for four months
Wholesale inflation rose by 1.88% in July after easing for four months

The government data released on Monday showed that prices of food articles went up by 2.15 percent in July on a yearly basis. Retail food prices had contracted for two months through June from a year earlier. However, potato continued to see deflation at 42.45 percent, pulses (-) 32.56 percent and onion (-) 9.50 percent. The fuel and power pric...

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  • Asian stocks mostly lower on growing unease over North Korea
Asian stocks mostly lower on growing unease over North Korea

On the London stock market , mining shares saw the biggest falls as many metal prices were hit by the geopolitical concerns. Almost $1 trillion has been wiped out from global equity markets since Trump's promise on Tuesday to unleash " fire and fury " on North Korea if it threatens the United States.

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  • Gold jumps on rising US-North Korea tensions
Gold jumps on rising US-North Korea tensions

A Chinese state-run newspaper said on Friday that China should make clear that it will stay neutral if North Korea launches an attack that threatens the United States , but that if the US attacks first and tries to overthrow North Korea's government, China will prevent it doing so.

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  • Sudan condemns N. Korea's provocations, commits to fulfill relevant obligations
Sudan condemns N. Korea's provocations, commits to fulfill relevant obligations

Sudan condemned North Korea's latest provocations of ballistic missile launches and warlike threats on Monday, affirming that the country is committed to fulfilling its worldwide obligations on the matter. North Korea, for its part, threatened to shoot four missiles towards the island of Guam, a strategic outpost of the u.s. forces in the Pacific, ...

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  • Marshawn Lynch Sits During National Anthem
Marshawn Lynch Sits During National Anthem

Two of the Raiders' top defensive players, All-Pro defensive end Khalil Mack and linebacker Bruce Irvin , joined Carr and Lynch as spectators. Lynch, who did not play in the game , sat on an orange cooler, arms on his knees, while all others around him stood.

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  • Stocks down, gold up after North Korea threat
Stocks down, gold up after North Korea threat

The dollar index, which measures the US currency against a basket of other major currencies, fell 0.14 percent. Nervous trading marked the 10th anniversary of the start of the financial crisis on Wednesday, after Donald Trump's warning that North Korea faced "fire and fury like the world has never seen" if it continued to make threats again...

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  • Amazon recalling some eclipse glasses ‘not confirmed safe for viewing’
Amazon recalling some eclipse glasses ‘not confirmed safe for viewing’

Similar statements have come from other brands that are defending their glasses despite being pulled from Amazon. A shop steward for Local 2665, the union that includes Cedar Hill Firefighters, said they ordered about 250 glasses from Amazon to hand out.

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  • Global stocks, dollar extend slide as US, North Korea tensions intensify
Global stocks, dollar extend slide as US, North Korea tensions intensify

The Dow Jones Industrial Average .DJI closed down 204.69 points, or 0.93 per cent, at 21,844.01, the S&P 500 .SPX lost 35.81 points, or 1.45 per cent, to end the session at 2,438.21 and the Nasdaq Composite .IXIC fell 135.46 points, or 2.13 per cent, to 6,216.87.

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  • Wall St stops stocks' bleeding, for now; gold, yen tick up
Wall St stops stocks' bleeding, for now; gold, yen tick up

In Asia, markets were mostly lower after disappointing Chinese trade data. "A combination of softer eurozone economic data, solid U.S. reports and market positioning all resulted in a markedly heavier tone for the single currency", Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington, said in a note.

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  • US stocks slip amid heightened US-North Korea tensions
US stocks slip amid heightened US-North Korea tensions

Markets have a lot of ground to make up after an increasingly heated war of words between President Donald Trump and North Korea's leadership sent the markets into a tailspin. The U.S. consumer-price index, set for release before Wall Street opens, will be closely monitored by investors for clues on inflation and the Fed's next move, said Mr...

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  • Dollar hits 8-week low vs yen on intensifying N.Korea tensions
Dollar hits 8-week low vs yen on intensifying N.Korea tensions

It was up about 2 percent for the week so far. Adding to the modest losses posted in the two previous sessions, stocks moved sharply lower over the course of the trading day on Thursday. The market indexes wavered between small gains and losses for much of the morning, then veered lower by afternoon. It earlier hit its highest since June 8 at $1,...

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  • Wall St closed lower, Dow snaps winning streak: ASX to open flat
Wall St closed lower, Dow snaps winning streak: ASX to open flat

Reuters data show a 22 percent perceived chance for a rate hike after the Fed's December meeting. Among the more popular stocks lifting indexes were Microsoft (+1.54%), Cisco (+1.42%), Apple (+1.39%) and Netflix (+1.36%). Yesterday, Federal Reserve Bank of New York President William Dudley cautioned that "it's going to take some time ...

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  • Gold Climbs to Near Two-Month High
Gold Climbs to Near Two-Month High

The Dow Jones Industrial Average . DJI closed down 204.69 points, or 0.93 percent, at 21,844.01, the S&P 500 . SPX lost 35.81 points, or 1.45 percent, to end the session at 2,438.21 and the Nasdaq Composite . Of those, 52 percent delivered earnings and revenue that beat financial analysts' forecasts, according to S&P Global Market Intellige...

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  • Trump Doubling Down on Rhetoric Rattles South Korean Markets
Trump Doubling Down on Rhetoric Rattles South Korean Markets

It has been the leading S&P gainer so far this year, making it particularly vulnerable to a decline. In other news, USA wholesale inflation dropped in July, the first contraction in almost a year and another data point that could weaken the case for the Federal Reserve to raise the benchmark interest rate again later this year.

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