Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Office phones, printers, building control systems and more — these may not sound like computers but they can all be hacked according to cybersecurity pros.Technologyread more
Software stocks are the place to be in tech as the sector mounts a recovery from its recent pullback, some analysts say.Trading Nationread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
South Korea will scrap an intelligence-sharing pact with Japan amid an intensifying dispute over history and trade, South Korea's presidential office said on Thursday.Asia Politicsread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
Toyota's revolutionary approach to manufacturing turned it from a tiny Japanese automotive latecomer into one of the biggest car companies in the world. But its designs have...Autosread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
* SPDR gold holdings at lowest since Oct. 11
* Asian shares slightly above five-week low (Updates prices)
May 7 (Reuters) - Gold prices rose on Tuesday as U.S. President Donald Trump's threat to hike tariffs on Chinese imports rekindled trade tensions between the two economies and pushed investors to seek insurance in safe-haven assets.
Spot gold was up 0.2 percent at $1,283.41 per ounce, as of 0731 GMT.
U.S. gold futures were up 0.1 percent to $1,284.50 an ounce.
On Sunday, self proclaimed "tariff-man" Trump warned of a tariff hike on Chinese goods, marking a drastic change in stance from the previous week where he lauded progress made between the two countries regarding trade.
Risk sentiment faced a blow from Trump's tariff threat with fragile Asian shares providing impetus to gold, which is used by investors to hedge against economic and political instability.
"There are significant catalysts for gold with the escalations on the trade-war front yesterday, but it is surprising we have not seen a significant follow through," said Stephen Innes, head of trading and market strategy, SPI Asset Management.
Adding to global anxiety, the Trump administration is deploying a carrier strike group and bombers to the Middle East in response to troubling "indications and warnings" from Iran, widening the rift between the two countries.
"Some are also focusing on the tensions in the Middle East and the two catalysts are sufficient enough to hold prices but there is a general reluctance to push prices higher over $1,285," Innes added.
A faction of the market still expect the United States and China to find common ground and believe that Trump's tariff threat is likely a negotiation tactic.
"Gold did not deliver a substantial gain following the Trump tariff threat and (gold) markets may see bearish momentum accelerate if we do see a positive outcome with the talks in Washington this week," OANDA senior market analyst Edward Moya said in a note.
Adding to expectations, China's commerce ministry confirmed on Tuesday that Vice Premier Liu He will visit the United States on May 9 and May 10 for bilateral trade talks at the invitation of senior U.S. officials.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, continued a dismal run, falling 0.16 percent to 739.64 tonnes on Monday, its lowest since Oct. 11.
Silver rose 0.2 percent to $14.94 an ounce, while platinum gained 1.2 percent to $883.34.
Palladium climbed 0.9 percent to $1,349.11 an ounce. (Reporting by Arijit Bose in Bengaluru; editing by Uttaresh.V and Rashmi Aich)