International Business News - Global Markets http://www.ibtimes.com/globalmarkets/ All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Stocks are up modestly after an upbeat profit report from Hewlett-Packard Co. offered investors some reassurance about the economy. But a rise in oil prices appears to be limiting investors' enthusiasm. High fuel costs have contributed to recent surges in inflation for businesses and consumers. 166432 http://www.ibtimes.com/articles/20080820/stocks-point-higher-after-hewlett-packard-report.htm Wed, 20 Aug 2008 09:40:43 EDT After trying a test of overhead resistance near $820 gold prices retreated to the $810 area overnight but remained reasonably well supported by physical demand in the overseas markets. The euro skidded towards its lowest value against the dollar in nearly half a year as apprehensions about the state of the economy in the EU rose yet another notch. 166517 http://www.ibtimes.com/articles/20080820/interest-ing-times-for-gold.htm Wed, 20 Aug 2008 09:40:16 EDT Gold finished trading in New York yesterday at $810.80, up $10.30 and silver was down 8 cents to $13.11. Both gold and silver remained firm in Asian trading but have given up some of the gains in early European trading. Gold is trading at $807.30/807.70 per ounce (1045 GMT). 166465 http://www.ibtimes.com/articles/20080820/gold-investments-market-update-investment-demand-surging-internationally-as-stagflation-deepens.htm Wed, 20 Aug 2008 08:21:14 EDT Most Asian stock markets rebounded Wednesday, led by rallies in China and Hong Kong on speculation that Beijing was planning new measures to boost the country's languishing markets. 166431 http://www.ibtimes.com/data/articleimgs/112563-pakistan-markets.jpg http://www.ibtimes.com/articles/20080820/asia-stocks-up-china-soars-on-policy-speculation.htm http://www.ibtimes.com/articles/20080820/asia-stocks-up-china-soars-on-policy-speculation.htm Wed, 20 Aug 2008 07:00:47 EDT Chinese stocks surged Wednesday in their biggest gain in nearly four months on speculation Beijing plans new economic stimulus measures and other policies aimed at reviving the country's languishing markets. 166340 http://www.ibtimes.com/data/articleimgs/112553-china-markets.jpg http://www.ibtimes.com/articles/20080820/china-shares-jump-on-speculation-over-policy-plans.htm http://www.ibtimes.com/articles/20080820/china-shares-jump-on-speculation-over-policy-plans.htm Wed, 20 Aug 2008 06:42:43 EDT Japanese shares fell a bit Wednesday, as continuing concerns about the global economy kept investors at a standstill awaiting new trading cues. The benchmark Nikkei 225 Stock Average slipped 13.36 points, or 0.10 percent, to 12,851.69 after flitting in and out of positive territory. The broader Topix index lost 0.17 percent to 1,233.4. 166401 http://www.ibtimes.com/articles/20080820/japan-shares-fall-tad-amid-lingering-economic-woes.htm Wed, 20 Aug 2008 04:54:24 EDT Tuesday's New York session finished with a 1.5% gain in gold prices following a mid-morning turnaround precipitated by a surge in oil prices and a decline in the dollar. An amalgam of market-moving news dented the greenback's hitherto runaway gains and sparked some fresh buys in energy and precious metals. 166202 http://www.ibtimes.com/articles/20080819/what-we-039-ve-got-here-is-failure-to-instill-confidence.htm Tue, 19 Aug 2008 17:45:18 EDT Wall Street fell sharply for a second straight session Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Dow Jones industrial average dropped 130 points. 165639 http://www.ibtimes.com/articles/20080819/wall-street-pulls-back-as-financials-fall.htm Tue, 19 Aug 2008 17:38:57 EDT Gold futures gained more than $11 an ounce on Wednesday, as the dollar tumbled, boosting the investment appeal of the precious metal. 166189 http://www.ibtimes.com/articles/20080819/gold-precious-metals-commodities-dollar-euro-oil-silver.htm Tue, 19 Aug 2008 17:33:07 EDT Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE 166188 http://www.ibtimes.com/articles/20080819/saks-medtronic-beazer-homes-big-movers.htm Tue, 19 Aug 2008 17:16:03 EDT Agriculture futures traded mostly lower Tuesday on the Chicago Board of Trade. Wheat for September delivery fell 14.5 cents to $8.455 a bushel; December corn added 11.75 cents to $5.845 a bushel; December oats slipped 6.5 cents to $3.89 a bushel; November soybeans dropped 13 cents to $12.76 a bushel. 165932 http://www.ibtimes.com/articles/20080819/agriculture-futures-trade-mostly-lower-on-cbot.htm Tue, 19 Aug 2008 17:03:10 EDT Selling pressure resumed in precious metals after Monday's NY close. Gold gave up its conquest of the $800 spot level and fell as low as $782.40 in overnight dealings before stabilizing near $790 early today. The dollar ignored negative financial news on Fannie and Freddie and continued to hover near 77.15 on the index while it traded at 1.469 against the euro. 165817 http://www.ibtimes.com/articles/20080819/cpm-smells-a-bargain.htm Tue, 19 Aug 2008 10:02:43 EDT Gold finished trading in New York yesterday at $800.50, up $14.50 and silver was up 33 cents to $13.19. Both gold and silver have again fallen in European trading. Gold is trading at $786.00/786.40 per ounce (1030 GMT). Gold rebounded from very oversold levels yesterday but market weakness has resumed overnight in Asia and early in London as the dollar has continued to rally (reaching a 6 month high ... 165715 http://www.ibtimes.com/articles/20080819/gold-investments-market-update-gold-quot-bubble-quot-burst.htm Tue, 19 Aug 2008 06:41:39 EDT Hong Kong's stock market fell sharply Tuesday, led lower by property and financial issues amid worries over credit problems and economic slowing. The blue-chip Hang Seng Index shed 446.30 points, or about 2.1 percent, to 20,484.37 on thin volume. It was the benchmark's third straight loss. 165712 http://www.ibtimes.com/articles/20080819/hk-index-led-lower-by-property-financial-shares.htm Tue, 19 Aug 2008 06:23:56 EDT Asian stocks dropped sharply Tuesday after an overnight fall on Wall Street, as investors worried about financial companies after a report that the U.S government might have to bail out two troubled mortgage giants. 165655 http://www.ibtimes.com/data/articleimgs/111785-japan-markets.jpg http://www.ibtimes.com/articles/20080819/asia-stocks-track-us-lower-amid-financial-worries.htm http://www.ibtimes.com/articles/20080819/asia-stocks-track-us-lower-amid-financial-worries.htm Tue, 19 Aug 2008 05:25:57 EDT Japanese shares fell Tuesday following an overnight drop on Wall Street, as renewed concerns about the U.S. financial sector rattled investor sentiment. 165618 http://www.ibtimes.com/articles/20080819/japan-shares-dive-after-sharp-wall-street-loss.htm Tue, 19 Aug 2008 04:52:14 EDT Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. Weakness in the overall financial sector sent the Dow Jones industrial average down more than 175 points. 165095 http://www.ibtimes.com/data/articleimgs/111444-stocks.jpg http://www.ibtimes.com/articles/20080818/wall-street-heads-for-higher-open-oil-rises.htm http://www.ibtimes.com/articles/20080818/wall-street-heads-for-higher-open-oil-rises.htm Mon, 18 Aug 2008 23:16:37 EDT These are the profound words of Mark Twain. Although no two markets are exactly alike, today I’ll examine the phenomenon known as "blood in the streets," an occurrence that repeats throughout market history. I’m not giving you investment advice here; rather, I’m presenting two specific commodities that are potentially ringing the bell you hear at, or near, the bottom. In previous letters, I'v... 165492 http://www.ibtimes.com/articles/20080818/history-doesn-039-t-repeat-but-it-does-rhyme.htm Mon, 18 Aug 2008 17:41:21 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE 165338 http://www.ibtimes.com/articles/20080818/hershey-fannie-mae-first-marblehead-big-movers.htm Mon, 18 Aug 2008 17:35:20 EDT Gold futures rebounded on Monday after dropping more than 8 percent last week, as weakness in the U.S. dollar pushed the investment appeal for the precious metal, boosting prices by almost $14 per ounce. 165465 http://www.ibtimes.com/articles/20080818/gold-precious-metals-commodities-dollar-euro-oil-silver.htm Mon, 18 Aug 2008 16:59:28 EDT