Day: August 22, 2019

Gold continues bull run, nears Rs 39,000 mark

5:51 pm August 22, 2019

New Delhi: Continuing the record-setting trend, gold price on Thursday hit a new high of Rs 38,970 per 10 gram by gaining Rs 150 in the national capital, according to the All India Sarafa Association, mainly on account of a weaker rupee and safe-haven buying from investors due to weak equity market. Gold prices have […]

Will Trump's mishandling of records leave a hole in history?

US seeking balancing act in South Asia over Kashmir: Report

2:55 pm August 22, 2019

Washington: The US is seeking a balancing act in South Asia after India revoked the special status of Jammu and Kashmir and divided it into two Union Territories, according to a congressional report which said President Donald Trump’s offer to “mediate” on the issue may have contributed to the timing of New Delhi’s moves. According […]

North Korea fires ballistic missile ahead of nuclear talks

N Korea dismisses nuclear talks if US ‘hostile military moves’ continue

2:51 pm August 22, 2019

Seoul: North Korea said Thursday it has “no interest” in dialogue unless Washington stops “escalating hostile military moves”, as a senior US envoy visited Seoul with an eye on reviving nuclear talks with Pyongyang. Talks between Pyongyang and Washington have stalled since a second summit between US President Donald Trump and North Korean leader Kim […]

Italy's Conte doubles down on demand for coronabonds

Second day of Italy crisis talks after PM resigns

2:48 pm August 22, 2019

Rome: Italy’s president will hold a second day of talks aimed at solving the political crisis shaking the country on Thursday after the disintegration of the populist government. President Sergio Mattarella will meet the main parties, including the anti-establishment Five Star Movement (M5S) and far-right League, after the breakdown of their dysfunctional coalition. Prime Minister […]

Pro-growth RBI minutes to cap yields; revives expectations for further policy easing

2:41 pm August 22, 2019

Singapore: Minutes from the Reserve Bank of India’s August meeting has revived expectations for further policy easing as headline inflation is likely to remain within target over the next one year, says a DBS report. According to the report, pro-growth Reserve Bank of India (RBI) minutes are expected to cap bond yields. “INR 10Y (generic) […]