"There's downward pressure on the Chinese economy. A lot of it is self-inflicted due to the so-called deleveraging campaign and the tariffs imposed by the U.S. are ... by no means the major source of downward pressure," said Stephen Roach.
Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was still on path for a third straight weekly gain.
The dollar eased against a basket of currencies on Friday while sterling gained slightly on reports that Prime Minister Theresa May had bought a bit more time to resolve when and how Britain exits from the European Union.
*Spot gold was down 0.1 percent at $1,308.26 per ounce as of 0119 GMT, after touching its highest since Feb. 28 at $1,320.22 in the previous session. *The dollar largely held onto the previous session's gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a slightly later date.
KANSAS CITY, Mo., March 21- Floodwaters that devastated swaths of Nebraska and Iowa rolled downstream along America's longest river on Thursday, swamping more Midwestern farmland as waterfront communities in Missouri and Kansas hurried to shore up strained levees. Flooding of the Missouri River triggered by last week's so-called "bomb cyclone" storm has...
*EU demands UK decision by Apr 12. TOKYO, March 22- The dollar largely held onto the previous session's gains in early Asian trade on Friday, while sterling edged up on news that Britain could leave the European Union without a Brexit deal at a slightly later date. Britain could leave the European Union without a Brexit deal on April 12 if lawmakers next week reject...
WASHINGTON, March 21- The United States on Thursday threatened to pull out of the annual meeting of the Inter-American Development Bank in China next week if Beijing refuses to allow a representative of Venezuelan opposition leader Juan Guaido to attend. The Washington- based IADB, the biggest lender to Latin America, voted last week to replace Venezuelan...
The federal government's spring weather outlook issued Thursday shows flooding risk will remain high through May for 25 states, as Midwestern states are still coping with the disastrous effects of last week's "bomb cyclone" storm.
President Donald Trump will nominate Michael Kratsios to be the country's chief technology officer, the White House said on Thursday, filling a role that had been vacant since the beginning of his administration. Since January 2017, Kratsios has been serving as deputy U.S. chief technology officer and a deputy assistant to the president for technology policy,...
KANSAS CITY, Mo., March 21- Missouri's governor declared a state of emergency on Thursday as floodwaters that left a swath of destruction across Nebraska and Iowa surged downstream, swamping small towns, roads and farmland in the U.S Midwest. Flooding triggered by last week's so-called "bomb cyclone" storm has already inflicted damage estimated at nearly $1.5...
Biden has recently called financiers for help competing against candidates such as Beto O'Rourke and Bernie Sanders.
The case involves a Marine veteran who is demanding that the Department of Veterans Affairs provide him with retroactive disability payments for post-traumatic stress disorder he developed while serving in brutal battles in Vietnam.
Stone's recent gag order in his case lodged by Mueller "inspired a steady rain of support," former Trump political advisor Michael Caputo said.
Republicans are already plotting to retake some of the California congressional seats they lost in 2018 to the Democrats, and one of the issues they're talking a lot about is the Green New Deal.
An estimated 71.6 million people watched the final debate between White House contenders Hillary Clinton and Donald Trump on TV on Wednesday.
Clinton and Trump agree on this issue, but they're both wrong about how to fix the problem, says Pinar Çebi Wilber.
There isn't a "chorus" behind Donald Trump's debate performance, experts told CNBC.