Tag: Gold

Japanese Prime Minister Yoshihide Suga said on Friday that a state of emergency was being extended to a broader area due to a rapid rise of coronavirus cases in those regions.But he added that holding a “safe and secure” Olympic games was possible if tight preventive measures were implemented that would keep ordinary Japanese from…

An Alabama couple went viral earlier this week for stockpiling gas during a panicked rush on gas stations sparked by the temporary closure of the Colonial pipeline, which transports nearly half of the East Coast’s fuel supply from Texas.The Colonial pipeline restarted operations on Wednesday, two days after that photo was taken. The panic buying…

China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) said on Friday that demand for chips exceeds supply, and raised its expectations for sales for the first half of the year.”Our current capacity could not fulfill customer needs, and products in every market segment faced shortages,” Zhao Haijun, co-chief executive of SMIC, said in a company earnings…

© Reuters. FILE PHOTO: U.S. Sen. Martin Heinrich (D-NM) speaks during a Senate Intelligence Committee nomination hearing for Rep. John Ratcliffe (R-TX), on Capitol Hill in Washington, U.S., May 5, 2020. Andrew Harnik/Pool via REUTERS//File Photo By Valerie Volcovici WASHINGTON (Reuters) – Democratic Senator Martin Heinrich on Thursday introduced a bill that would help states…

During a typical spring, the silver young salmon swimming in long tanks at the Nimbus Fish Hatchery east of Sacramento would be released into the American River and then make their way out to the Pacific Ocean to grow to adulthood.

Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening.”Higher inflation is a definite negative for equities, given the likely rates response,” said Deutsche Bank macro strategist Alan…

Strong domestic demand will keep U.S. stockpiles of corn and soybeans near seven-year lows even after farmers harvest the crops they are currently seeding, the government said on Wednesday.

© Reuters. FILE PHOTO: Federal Reserve Vice Chair Richard Clarida reacts as he holds his phone during the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – It will be “some time” before the U.S. economy is healed…

* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Taiwan stocks mark worst session since March 19, 2020 * Taiwan finmin steps in to calm equity markets * Philippine c.bank keeps rates at …

Progress in vaccinating the world against COVID-19 means the world’s economic recovery and demand for oil will outpace the output of top producers, the International Energy Agency (IEA) said on Wednesday”The anticipated supply growth through the rest of this year comes nowhere close to matching our forecast for significantly stronger demand beyond the second quarter,”…