North Korea fired its fifth short-range missile in three days. South Korea's Defense Ministry said a missile had been fired on Monday morning.» Read More
Discussing just how concerned the world should be with the aggressive tenor coming out of North Korea, and whether the U.S. is doing enough to combat hackers, with Leon Panetta, Secretary of Defense.
North Korea is threatening attacks on the U.S., reports CNBC's Michelle Caruso-Cabrera. The country's bluster doesn't appear to be backed up by action--there's been no mobilization of troops anywhere in the country.
ISM softer than expected, weighs on dollar. NEW YORK, April 1- The dollar slid to a nearly four-week low against the yen as softer-than-expected U.S. manufacturing data for March implied the economy may have run out of steam at the end of the first quarter, interrupting a recent run of generally upbeat reports.
U.S. defense officials tell NBC News that the U.S. Navy is shifting the guided-missile destroyer USS Fitzgerald in the Pacific Ocean in the wake of the ongoing rhetoric from North Korea, reports CNBC's Brian Sullivan.
CNBC's Courtney Reagan reports on the moves in South Korean stocks as they respond to the threat from North Korea.
Discussing what's behind the bluster and military strategies of North Korean leader Kim Jong-un. Ian Bremmer, Eurasia Group president, provides perspective. "There is a potential of the North Korean regime just falling apart," he says.
CNBC's Michelle Caruso-Cabrera reports on the growing nuclear threats from North Korea. Bill Richardson, the former New Mexico Governor and special envoy to North Korea, and Sameer Samana, Wells Fargo Advisors, offer insight for U.S. investors.
NEW YORK, April 1- The yen firmed across the board on Monday on safe-haven flows following weaker-than-expected Chinese factory activity and renewed uncertainty in the Korean peninsula. But the mood was cautious ahead of the European Central Bank's monetary policy review on Thursday and the monthly U.S. payroll data out on Friday. "
South Korea will strike back if the North stages any attack on its territory, the new president warned, as tensions ratcheted higher on the Korean peninsula amid shrill rhetoric from Pyongyang and the U.S. deployment of radar-evading fighters.
SEOUL- South Korea will strike back if the North stages any attack on its territory, the new president warned on Monday, as tensions ratcheted higher on the Korean peninsula amid shrill rhetoric from Pyongyang and the U.S. deployment of radar-evading fighters.
*Gold neutral in $1,590- $1,620 range- technicals. SINGAPORE, April 1- Gold firmed on Monday, as signs that China's economic recovery was gaining traction could boost demand for commodities, but prices could be capped by worries about the debt crisis in Cyprus and the weakness of the euro against the U.S. dollar.
NEW YORK, April 1- The dollar fell across the board on Monday, sliding to a nearly four-week low against the yen, as softer-than-expected U.S. manufacturing data for March interrupted a run of generally upbeat economic reports. The Institute for Supply Management said its index of national factory activity fell to 51.3 from 54.2 the month before.
SINGAPORE, April 1- U.S. crude futures steadied after a softer dollar pushed them to six-week highs on Monday, with investors waiting for Chinese manufacturing data for signs on the economic health of the world's second-largest oil consumer. By 0038 GMT, it was little changed at $97.04 versus Thursday's settlement of $97.23.
SINGAPORE, April 1- Gold was little changed below $1,600 an ounce on Monday as the euro weakened on persistent worries about ripples from the debt crisis in Cyprus, while safe-haven buying has remained passive despite ongoing tension in the Korean Peninsula.
*Cyprus crisis sends jitters through Slovenian debt market. *No reaction to North Korea sabre-rattling. Trade was, however, subdued with many markets closed for Easter holidays, and there was limited reaction to North Korea putting its missile units on standby to attack U.S. military bases in South Korea and the Pacific.
SEOUL/ WASHINGTON- North Korea put its missile units on standby on Friday to attack U.S. military bases in South Korea and the Pacific, after the United States flew two nuclear-capable stealth bombers over the Korean peninsula in a rare show of force.
*Gold to retest $1,550 in 3 months-technicals. SINGAPORE/ TOKYO, March 29- Gold ticked lower on Friday, on track to end the quarter with a loss of nearly 5 percent, as the euro stayed weak and a rally in equities boosted appetite for riskier assets. Gold fell $1.18 an ounce to $1,594.99 by 0332 GMT in extremely thin trade as many markets in Asia were closed for Good Friday.
*Cyprus crisis sends jitters through Slovenian debt market. TOKYO, March 29- The euro edged up on Friday but stayed near four-month lows against the dollar, beset by political deadlock in Italy and worries the huge losses suffered by Cypriot depositors as part of a bailout could unnerve investors in other euro zone debt.
*Cyprus crisis shatters confidence in Slovenia. TOKYO, March 29- The euro hovered near four-month lows against the dollar on Friday, beset by political deadlock in Italy and worries huge losses Cypriot depositors have been forced to stomach as part of a bailout could unnerve investors in other euro zone debt.
*Order book down 2 bln euros to 18 bln euros. Japan's 50 reactors used just over 10 percent of the world's enriched uranium before the 2011 Fukushima disaster, but with all but two reactors offline, there is now overcapacity in the nuclear fuel industry.