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Tag Archives: N. Korea

US stocks to record highs, rate hikes, N.Korea, Irma fears fade

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WASHINGTON: The Trump Rally extends, as President Trump’s approval ratings soar. Monday, the S&P 500 rose 1%+ to a record high close, as Fed rate hike fear abated, Irma caused less damage than expected in Florida, and N.Korea decided not to test President Trump’s resolve. All 11 major S&P 500 sectors rose, led by financials, with insurers advancing as Irma, ... Read More »

Hong Kong stocks gain as China optimism offsets concern on US rates, N.Korea

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HONG KONG: Hong Kong stocks edged up on Monday, aided by bullish sentiment about China, but gains were capped by growing expectations of a US rate hike next week, and rising geopolitical tensions in Asia. The Hang Seng index rose 0.2 per cent, to 23,596.28, while the China Enterprises Index gained 0.3 per cent, to 10,171.10 points. Sentiment was lifted ... Read More »

N. Korea improves coal shipment capacity at Rajin port

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SEOUL: The North Korean port city of Rajin has improved its capacity to handle a second shipment of Russian coals, boosting confidence in the joint coal shipment project involving the two Koreas and Russia, Seoul officials said Monday. About 140,000 tons of Russian coal is expected to be transferred into South Korea on a ship from Rajin after being moved ... Read More »

N. Korea improves coal shipment capacity at Rajin port

IMPROVE COAL CAPACITY

SEOUL: The North Korean port city of Rajin has improved its capacity to handle a second shipment of Russian coals, boosting confidence in the joint coal shipment project involving the two Koreas and Russia, Seoul officials said Monday. About 140,000 tons of Russian coal is expected to be transferred into South Korea on a ship from Rajin after being moved ... Read More »