Markets

Korean shares open lower amid escalating tensions over N. Korea

Korean shares open lower amid escalating tensions over N. Korea The Dow slumped by 1.1%, while the Nasdaq and the S&P 500 tumbled by 1.5% and 1.4%, respectively. On the currency markets , the pound was up 0.03% against the dollar at $1.2981 but down 0.23% against the euro at 1.0999 euros. However, U.S. stocks recovered temporarily late on Wednesday as investors appeared to brush off the geopolitical concerns following encouraging comments from Secreta... [Full Article...]

Dow loses more than 100 points amid North Korea tensions

Dow loses more than 100 points amid North Korea tensions The franc was not the only beneficiary to the risk-off sentiment sweeping markets. Volatility gauges from the USA to Japan rose after president Donald Trump said in response to a Washington Post report on North Korea's nuclear capabilities that further threats from the country would be met with "fire and fury". [Full Article...]

China July coal output lowest since October as Beijing crackdown hits

China July coal output lowest since October as Beijing crackdown hits New construction starts measured by floor area, a telling indicator of developers' confidence, contracted for the first time since last September, falling 7% in July from a year ago, compared to a 14% increase in June. Inventory floor area in the first seven months shrunk by 11%, compared to a fall of 9.6% in the January-to-June period. While China has posted better-than-expected second quarter ... [Full Article...]

CIA director: 'No intelligence' to suggest USA on cusp of nuclear war

Asked if Americans should worry about rising tensions with North Korea, Mike Pompeo replied that "nothing is imminent". Pompeo said Kim responds to "adverse circumstances", suggesting that the North Korean leader will realize he doesn't want a military confrontation with Washington. [Full Article...]

Marshawn Lynch Sits During National Anthem at Raiders Preseason Game

Marshawn Lynch Sits During National Anthem at Raiders Preseason Game And apparently, Lynch is no stranger to sitting during the anthem. Lynch was retired last season, but appeared on Conan and spoke supportively of Kaepernick's protest . Lynch rarely talks to the media but has voiced his support for quarterback Colin Kaepernick's 2016 season-long decision to kneel during the anthem to draw attention to what he saw as incidents of police brutality against peopl... [Full Article...]

Asia stocks, US$ extend slide as US-North Korea tensions intensify

The pan-European FTSEurofirst 300 index lost 0.75 per cent and MSCI's gauge of stocks across the globe shed 0.33 per cent. But despite the largest percentage drop in over a month on a global equities index, United States equities ended only slightly lower as healthy corporate earnings and a recent string of strong economic data enticed investors into beaten-down stocks. [Full Article...]

Amazon Issued a Recall on Eclipse Glasses

Amazon Issued a Recall on Eclipse Glasses Amazon didn't immediately respond to a request for comment but told KGW that it issued the recall out an abundance of caution. Amazon recently sent out an email to hundreds of customers to let them know their purchased solar eclipse glasses were not confirmed safe for viewing the eclipse. [Full Article...]

Korean tensions keep yen near eight-week highs

Korean tensions keep yen near eight-week highs The Dow Jones Industrial Average rose 14.31 points, or 0.07 per cent, to end at 21,858.32, the S&P 500 gained 3.11 points, or 0.13 per cent, to 2,441.32 and the Nasdaq Composite added 39.68 points, or 0.64 per cent, to 6,256.56. Now installed in the White House, Trump issued a new warning to Pyongyang on Friday, tweeting: 'Military solutions are now fully in place, locked and loaded , should ... [Full Article...]

Dollar at eight-week low vs yen as North Korea tensions simmer

Dollar at eight-week low vs yen as North Korea tensions simmer The major averages ended the session just off their worst levels of the day. There had earlier been falls of almost 2% on South Korea's Kospi and Hong Kong's Hang Seng, with markets in mainland China and Australia also down. Other companies were also up; Newcrest Mining moved 2.3%, Resolute Mining 2.1% and Evolution Mining rose 2%. With the tense mood pushing European shares down for a third d... [Full Article...]

As North Korean tensions simmer, here's how stocks reacted to past crises

But some economists say the Fed may stand pat for the rest of 2017 unless inflation accelerates in coming months. After a dip of as much as 0.52 percent earlier in the day, investors appeared to take some comfort in Tillerson's comments, said Richard Steinberg, managing director at HighTower Advisors in NY. [Full Article...]

Nuclear nerves wipe $1 trillion off world stocks

Losses in health care and consumer-focused companies pulled US stocks broadly lower Tuesday, snapping a 10-day winning streak for the Dow Jones industrial average . Investors will be looking for clues about the company's cable business, especially ESPN . The best stocks to buy after a VIX spike. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.37 percent lower. [Full Article...]

North Korea Tensions Hit Global Stock Markets

North Korea Tensions Hit Global Stock Markets US stocks have risen week after week this year - with the S&P up more than 9 percent - in extremely low volatility, as strong corporate earnings and an improving global economy offset disappointment that President Donald Trump's promises to lower corporate taxes and implement a massive infrastructure spending have so far failed to see the light of day. [Full Article...]

Global stocks selloff stops at Wall Street

North Korea responded with threats to launch missiles into the Pacific Ocean near Guam, a USA territory. In the latest economic data, the consumer-price index (http://www.marketwatch.com/story/us-consumer-inflation-remains-soft-in-july-cpi-shows-2017-08-11) rose a seasonally adjusted 0.1% in July, its fifth straight month of softness, raising more questions about whether inflation will eventua... [Full Article...]

TSX starts lower as US-North Korea tensions weigh

TSX starts lower as US-North Korea tensions weigh Still, the S&P 500 is on track to post its biggest weekly loss in about nine months. The CBOE Volatility Index, the most widely followed barometer of expected near-term stock market volatility, ended at a session low of 11.11 after rising as high as 12.63. [Full Article...]

Seoul shares open lower amid tensions over North Korea

Seoul shares open lower amid tensions over North Korea GOT A PULSE: Health care stocks, which have been in a slump, were headed higher. "Ahead of the USA inflation numbers gold will likely trade sideways until there's more direction", said Fawad Razaqzada , an analyst at FOREX.com. "I do think we could see markets pull back between 1 and 5 percent". Viacom slid 60 cents, or 1.9 percent, to $30.17. The Korean won continued to fall versus the d... [Full Article...]

S&P Global Reiterates GBX 1900 Price Target for Prudential plc (PRU)

S&P Global Reiterates GBX 1900 Price Target for Prudential plc (PRU) It has underperformed by 16.70% the S&P500. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Following the completion of the transaction, the chairman now directly owns 456,121 shares in the company, valued at approximately $50,173,310. [Full Article...]

North Korea Threat Casts an Ominous Cloud -- Here's Where Wall Street Stands

North Korea Threat Casts an Ominous Cloud -- Here's Where Wall Street Stands Britain's FTSE 100 added 0.1 percent. Stock markets around the world continued their downward slide after US President Donald Trump made another verbal attack on North Korea. "Of course it's all come at a time when share markets are due for a correction, so North Korea has provided a ideal trigger", he added. New Year gloom surrounding China and its currency volatility resulted in a 10.5 per... [Full Article...]

Team for ODI series and T20 announced, Yuvraj Singh axed

Team for ODI series and T20 announced, Yuvraj Singh axed Pacer Shardul Thakur, who displayed tremendous show with the ball for Rising Pune Supergiant, has been rewarded for his performance. He made an impressive comeback, leading India A to a tri- series triumph in South Africa, with 307 runs. The same squad will represent India in the one-off T20I that follows the ODI series. The final of Champions Trophy exposed India's slow bowling frailties. [Full Article...]

Markets extend losses as Korea tensions escalate

Markets extend losses as Korea tensions escalate TOUGH TALK: Tensions between the US and North Korea continued to simmer early Friday. The latest tensions began after US President Donald Trump on Tuesday warned North Korea that it would face " fire and fury " if it threatened the United States . [Full Article...]

SoundCloud survives, emerging voices in music will not be silenced

SoundCloud survives, emerging voices in music will not be silenced As rumors suggested earlier this month , SoundCloud has officially confirmed that it has secured investments from The Raine Group and Temasek . This financing means SoundCloud remains strong, independent and here to stay. Digital music service SoundCloud will continue to operate following a new investment round. No, absolutely not. After a decade of balancing the roles of Founder, CEO an... [Full Article...]


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