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World

Roundup: Weekly CBOT agricultural futures recover amid bearish trends

CHICAGO, Aug. 15 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures recovered in the week as storm damaged certain acreage of crops in U.S. Midwest. But as rallies will hinge heavily on trade and demand, Chicago-based consulting company AgResource predict that longer-term bearish trends will continue into mid-October.

World

NW China's Qinghai channels funds to support tourism recovery

XINING, Aug. 15 (Xinhua) -- Northwest China's Qinghai Province has allocated special funds worth 250 million yuan (about 36 million U.S. dollars) for its cultural and tourist industries since their resumption, the local government said.

World

U.S.-listed Chinese firms trade mostly lower

NEW YORK, Aug. 14 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Friday, with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

World

Chinese startups flock to U.S. for IPOs this year: WSJ

NEW YORK, Aug. 14 (Xinhua) -- This year has seen many U.S. stock market listings by Chinese companies despite rising political, trade and regulatory tensions between the world's two largest economies, The Wall Street Journal reported.

World

Oil prices dip as demand worries persist

NEW YORK, Aug. 14 (Xinhua) -- Oil prices fell on Friday as investors were worried about the outlook for crude demand.

World

Gold down on strong bond yields

CHICAGO, Aug. 14 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as U.S. treasury bonds strengthened.

World

Philippines imposes ban on chicken products from Brazil due to COVID-19 scare

MANILA, Aug. 14 (Xinhua) -- The Philippine government on Friday said it is imposing a ban on the importation of chickens from Brazil following reports of the coronavirus contamination of poultry products from that South American country.