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Arsenal kicks-off English Premier League on a high


But they must first convince Arsenal to sell. Inconsistency and injuries though, seem to have stemmed his growth. "In the end he chose to stay and it was one of the great days of the recent weeks for me". Leicester , however, was back in front 11 minutes into the second half. Jamie Vardy is clearly raring to go. Arsenal woes continued after half-time when Vardy headed his second after a brilliant Riyad Mahrez corner. Read More »

USA stocks close higher as North Korea fears ease


MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.2 percent, with South Korea .KS11 up 0.6 percent and Australia .AXJO 0.7 percent. USA gold futures for December delivery fell 0.4 per cent to $1,285.00 per ounce. The dollar was back in demand, with the euro 0.3 percent lower at $1.1791. Read More »

Canada in line of fire between North Korea and US

Aside from military force, scenarios range from a new round of peace talks to more aggressive actions like intercepting ships suspected of selling North Korea weapons overseas, one of the regime's key sources of income. Pyongyang's news agency described the upcoming war games , the world's largest computerized or simulated drill, as an "exercise for a large-scale nuclear war ". Read More »

North Korea has markets nervous but not panicked


Foreign investors offloaded shares worth more than 648 billion won (US$566 million), while institutions scooped up more than 678 billion won. "If tensions between the USA and North Korea escalate further, we think that the implications for equities in South Korea and elsewhere will remain limited provided that war does not actually break out", wrote Oliver Jones, assistant economist at Capital Economics. Read More »

Hacker leaks more HBO series


Indeed, some of an HBO executive's emails were stolen. HBO has reportedly offered to pay hackers who claim to have hacked its email system and obtained data from its network, reported Variety . Check out the extended shows on YouTube. "They're being extorted. If it was a bug bounty , it'd be on the up and up". HBO , understandably, seems annoyed. Read More »

Gold, silver up on safe-haven demand


Pacific territory of Guam . US Defence Secretary Jim Mattis told Pyongyang it should stop any actions that would lead to the "end of its regime and the destruction of its people". The dollar slipped 0.4 percent against its perceived safe-haven Japanese counterpart to 109.84 yen , its lowest since mid-June. The dollar weakened against the yen, which is often sought in times of geopolitical tension. Read More »

Swiss franc eases slightly after spiking on North Korea tensions


Investors also took cover in the yen , the Swiss franc and gold . In Trump's recent remarks, he also issued a warning to North Korea . The Japanese markets were closed for a holiday. 'Pretty remarkable, perhaps even extraordinary, considering, ' said Tim Ash, strategist at fund manager BlueBay. S&P 500 futures slipped 3.35 points, or 0.1%, to 2,434.25, while Dow Jones Industrial Average futures fell 16 points to 21,820. Read More »

Why the Bitcoin price just rocketed past US$4000


After soaring to $4,000 on exchange markets over the weekend, the bitcoin cryptocurrency is continuing to rise, topping a record $4,300 on Monday - almost a thousand dollars above its rate one week ago , according to data from the Coinbase currency exchange . Read More »

Wall St higher but on track for deep weekly losses


S&P 500 index futures slipped 5.10. points, or 0.1%, to 2,434.50, while Dow Jones Industrial Average futures fell 16 points to 21,820. The Nasdaq Composite was down 115.35 points, or 1.82 percent, at 6,236.98. The North's threat came hours after U.S. President Donald Trump warned that any threat by North Korea to the U.S. will be met with "fire and fury". Read More »

Dollar falls below ¥110 in Tokyo on North Korea risks


Hope that the Fed will have to slow its rate hike path appeared to stop, at least for now, the near $1-trillion loss in world stocks valuations this week triggered by the war of words between Pyongyang and the United States. "The market has been looking for an excuse to sell off, and North Korea and the president gave the market that excuse", said David Schiegoleit, managing director at the U.S. Read More »

North Korea standoff wipes $1trn off global stocks


Josh Saul, chief executive officer of London-based The Pure Gold Company, which is among the bullion merchants reporting incremental trading, said: "We've seen a 64% increase in people purchasing physical gold for the first time in recent sessions citing the breakdown of worldwide relations". Read More »

How major USA stock market indexes fared Thursday

Utilities eked out a small gain. The comments follow reports that North Korea has mastered a crucial technology needed to strike the United States with a nuclear missile. J.C. Penney slumped as much as 18.25 percent to a record low after the retailer reported a bigger-than-expected quarterly loss. The stock fell $3.30 to $30.09. Read More »

Stocks open lower; Disney and Netflix fall


On Thursday, the three major USA indexes logged their worst performances since mid-May ( in a session dogged by geopolitical concerns. Read More »

Lukaku helps Man United beat West Ham


The on loan City keeper was given plenty of stick from the Stretford End - and that was before he was picking the ball out of his net . In spite of speaking about Sakho at half-time, he was free and nearly scored. Man United will open their 2017-18 Premier League campaign at home to West Ham United on Sunday afternoon. Mourinho explained the player's omission after the 4-0 win on Sunday, and his reasons were perfectly valid. Read More »

India behaving like mature power in Doklam standoff: U.S. defence expert


Bhutan says Doklam belongs to it but China claims it to be its territory. Even in Ladakh, which is another area where the two countries share a disputed border, no movement of the Army has been observed. Mr Xi told Mr Trump that China is ready to work with the U.S. to "appropriately resolve" the issue, state-run Xinhua news agency reported. Mistrust between the neighbors is hundreds of years old with the pair having fought a brief war in 1962 in India's border state of Arunachal Pradesh. Read More »

Wall Street lower on US-North Korea tensions


The stock was the biggest gainer in the S&P 500 . The statement said the plan, which involves the missiles hitting waters 19 to 25 miles from the island, could be sent to leader Kim Jong Un for approval within a week or so. While markets shrugged off news earlier in the day that North Korea had developed nuclear warheads, Trump's threatening reaction later in the day prompted a more nervous reaction from investors. Read More »

Asian stocks fall as North Korea, US tensions escalate


U.K.'s FTSE 100 , the German DAX and the French CAC 40 all dropped more than 2.3% this week. Emerging market stocks lost 1.28 percent. It is heading for a 2.5 percent drop for the week. The CBOE Volatility Index, the most widely followed barometer of expected near-term USA stock market volatility, rose the most in about 12 weeks. The Nasdaq Composite Index climbed 39.68 points, or 0.6%, to close at 6,256.56. Read More »

Markets slide, dollar slumps as North Korea fears spike


News that USA producer prices unexpectedly fell in July earlier helped send the dollar lower. Five of the 11 major S&P sectors were higher, with the technology's 0.80 percent rise leading the advancers. Health care stocks, which have been in a slump, posted gains. We should also be aware of the risk of responding to geo-political shocks by selling assets: too often we find ourselves selling at the moment of highest fear, only to be out of the market as a rebound in stock market prices takes ... Read More »

Gold Hits Two-Month High on North Korea Tensions

President Donald Trump warned Pyongyang not to "make any more threats" to the U.S., saying it would face a "fire and fury" response "like the world has never seen". The negative headlines provided many investors with an opportunity to pocket some of their recent gains following a string of record highs fueled by strong corporate earnings. Read More »

Gold Retreats From Fresh 2-Month Highs, Risk Appetite Remains Dominant


Treasurys and the Japanese Yen. Besides, persistent buying by local jewellers at domestic spot market stoked the uptrend. USA crude oil prices settled 0.5 percent higher at $48.82 a barrel. The pan-European STOXX 600 was down 0.7% at closing, France's CAC 40 fell 1.4% after a auto hit a group of soldiers in Paris in what is thought to have been a deliberate act, and a fall in bond yields saw Germany's DAX down 1.1%. Read More »

Dow loses more than 100 points amid North Korea tensions

Bank of New York Mellon slid $2.09, or 3.9 percent, to $51.95, while Citizens Financial Group Inc. shed $1.32, or 3.8 percent, to $33.71. But Wall Street is wondering whether the sell-off is due to North Korea - or just a widely anticipated pullback? U.S. Read More »

Investors move to safe havens as United States and North Korea trade threats


It also outlined detailed plans for a missile strike near Guam, which is more than 3,000 km (2,000 miles) to the southeast of North Korea and home to about 163,000 people, a U.S. Australian shares fell to near three-week lows in a broad-based selloff. Sterling slipped below $1.30, close to a two-and-a-half-week low but it strengthened against the euro by 0.2%, following Tuesday's 10-month low. Read More »

Japan installs missile interceptors as N Korea's Guam threat looms


Trump, on holiday at his New Jersey, golf resort, again referred to North Korea's leader in his latest bombastic remarks . "Hopefully they ( North Korea ) will understand exactly what I said and the meaning of those words". The president vowed to maintain the world's strongest nuclear force, no matter the cost. At the ASEAN regional forum held August 7, Chinese foreign minister Wang Yi said Beijing would pay a heavy economic price for the tougher sanctions on North Korea . Read More »

What Is Going On With Amber Heard and Elon Musk?


Even if Musk is not as successful as Wall Street estimates, he should sell more than enough cars to make the leverage, and the additional interest bill, easy for bondholders to swallow. The 31-year-old actress and Musk recently broke up, and they have now spoken out together to comment on their situation, admitting having a long-distance romance has been "tough" for them both. Read More »

Gold hovers near two-month highs on N.Korea tensions


But Michael said the overall market was still expected to saw-tooth its way higher due in part to a batch of better-than-expected earnings and low interest rates, despite the shift toward raising rates. The market was also waiting for data that would offer clues about the extent to which the strengthening U.S. labour market is spilling over into inflation. Read More »

Dow Jones witnesses worst drop since May amid geopolitical tensions

The US Consumer Price Index (CPI) edged up 0.1% last month after staying flat in June and falling by 0.1% in May. Many market participants have been calling for a significant decline on the S&P 500 . Shares of Michael Kors ended up 21.5 per cent, after the luxury goods maker raised its full-year revenue forecast. Ten out of the S&P 500's 11 major sectors closed negative on August 8. Read More »

Stocks plunge over North Korea tensions

In Australia, the S&P/ASX 200 was down 1.13%. Japan markets are closed for the Mountain Day holiday. "I will tell you this, North Korea better get their act together or they're going to be in trouble like few nations ever have been in trouble in this world", Trump said. Read More »

FTSE sell-off gathers strength on North Korea fears

Many world stock markets have hit record or multiyear highs in recent weeks, leaving them vulnerable to a sell-off, and the tensions over North Korea proved to be the trigger. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange rose $3.40, or 0.26%, to $1,293.37 a troy ounce. The strength on Wall Street is partly due to bargain hunting, with traders picking up stocks at reduced levels following the pullback seen over the past few sessions. Read More »

USA stocks close lower after President Trump's remarks to North Korea


The broad-based S&P 500 shed 0.6 percent to 2,459.50, while the tech-rich Nasdaq Composite Index tumbled 0.8 percent to 6,299.12. London's benchmark FTSE 100 index fell back 1.3 percent, driven by losses in the commodity sector. Biotechnology, tobacco, and transportation stocks also saw considerable strength, while steel stocks extended a recent move to the downside. In other corporate results, a number of companies reported forecast-beating numbers. Read More »

Dollar and South Korean Won Slip Amid North Korea Tensions

Two weeks ago it saw its biggest weakly fall against the euro since the start of 2015. North Korea threatened a missile strike at USA territory Guam. "Heightened geopolitical risks overnight have seen the markets flip from risk-on to risk-off and we have to wait and see how long this move runs before adding some positions", said Viraj Patel, an FX strategist at ING in London. Read More »

No need to panic, Guam governor says after North Korea threat


The North Korean also unveiled another plan to "give stronger confidence in certain victory and courage" to their people. Guam is home to about 163,000 people and a USA military base. " Guam and Puerto Rico both, a lot of people don't even think about us". Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman were all up, lifting the Dow Jones U.S. Read More »