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Traders work on the floor of the New York Stock Exchange

US stocks open lower; Cisco plunges

U.S. stocks declined in early trade on Thursday as disappointing outlook from Cisco Systems and lower commodity prices weighed.

Gold Diversification Doubted As Commodity Slump Continues

Thursday's London Silver Fix set the white metal's price at $32.50 per ounce, nearly $7 lower than a day earlier and 33% below the 31-year high of $48.70 set on April 28. [Silver] is still in an uptrend, despite the sharp sell-off reckons Mary Ann Bartels, head of US technical and market analysis at Bank of America Merrill Lynch, who said yesterday silver could hit $50 per ounce by the end of the year.

Goldman to raise up to 5 billion yuan China private equity fund

Goldman Sachs plans to raise up to 5 billion yuan ($770 million) for a private equity fund in China, a source familiar with the matter said on Thursday.

China raises bank reserves again to tame inflation

China lifted bank reserve requirements by 50 basis points on Thursday, signaling that containing inflation and soaking up excess cash remained its top priority even after signs the economy was slowing down.

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Nissan Q4 rises, gives no guidance on quake uncertainty

Nissan Motor Co <7201.T> posted a 7.2 percent rise in quarterly operating profit but offered no guidance for the new financial year on Thursday, citing uncertainties over the pace of recovery after the March 11 earthquake disrupted the industry's supply chain.

Nissan Q4 rises, says full production likely by October

Nissan Motor Co posted a 7.2 percent rise in quarterly operating profit on Thursday and said global production disrupted by Japan's March 11 earthquake will return to normal a least a month earlier than predicted by bigger home rival, Toyota Motor Corp.

Reserve-rich Asia wary of U.S. debt debate but keeps buying

Asia's reserve-rich nations see no viable option but to keep on purchasing U.S. government debt despite their uneasiness about Washington's fraught political battle over public spending.

Oil rebounds 1 percent on robust demand from Asia

Oil rebounded by about $1 on Thursday as investors focused on strong demand growth in Asia after a sell-off the previous day triggered by a surprise increase in U.S. gasoline stockpiles.

China’s one-child policy boosts child confiscation for overseas adoption

In a shocking report, evidence about child abduction by family planning officials in China for the purpose of oversees adoption has raised questions on the current human-rights situations of the country.

Commodities fall hits Asian markets

Asian share markets fell on Thursday after a second big sell-off in commodities in less than a week cut investor appetite for riskier investments and boosted the U.S. dollar, although oil prices clawed back some losses in early trade.

Oil down 5 percent, gasoline drop briefly halts U.S. trade

Oil prices tumbled nearly 5 percent on Wednesday, as easing supply concerns sent gasoline into a tailspin that briefly forced trading on the New York Mercantile Exchange to stop.

Alcatel-Lucent says demand to remain strong in U.S.

Telecom equipment maker Alcatel-Lucent sees no end in sight to booming demand in the United States as major operators invest to keep up with a data overload driven by smartphones and streaming video.

Oil down 4 percent, gasoline drop briefly halts U.S. trade

Oil prices tumbled 4 percent on Wednesday, dragged down by a plunge in gasoline futures that triggered a brief halt in trade on the New York Mercantile Exchange.

Alibaba's Ma sends Yahoo a message, takes Alipay

Alibaba Group's latest message to Yahoo sounds a lot like the last one: it wants its shares back.

Chinese economic collapse: does the market already know?

The Chinese economy may be in trouble and the stock market seems to acknowledge the dangers.

Wall Street falls on energy weakness as oil tumbles

U.S. stocks faltered on Wednesday after a three-day rally as a strengthening dollar and data showing a rise in U.S. fuel supplies sent crude oil prices lower, hurting energy stocks.

Exports hit record high, trade gap widens on oil

U.S. exports hit a record high in March, buoyed by the weak dollar and strengthening global demand as U.S. trade returned to levels last seen before the global financial crisis.

Yahoo shares slide on Alipay restructuring

Yahoo shares fell as much as 8.6 percent on Wednesday after the controller of Alibaba Group, which includes China's largest e-commerce company Alibaba.com <1688.HK>, took full control of Alipay, a Chinese online payment business.

U.S. exports hit record high, trade gap widens on oil

U.S. exports hit a record high in March, buoyed by the weak dollar and strengthening global demand as U.S. trade returned to levels last seen before the global financial crisis.

Energy stocks weigh on Wall Street, Disney hurts Dow

U.S. stocks faltered on Wednesday after a three-day rally as falling crude prices hurt energy stocks and disappointing Disney earnings dragged down the Dow industrials.

Exports set record as trade gap widens

U.S. exports set a record in March, buoyed by the weak U.S. dollar and strengthening global demand as U.S. trade flows returned to levels last seen before the global financial crisis.

Trade gap widens more than expected in March

The U.S. trade deficit widened more than expected in March, as exports leapt to a new record but imports rose nearly 5 percent as oil prices jumped, a U.S. government report showed on Wednesday.

Wall St falls, weighed by energy stocks, Disney

U.S. stocks fell on Wednesday after a three-day rally as Disney results weighed on the Dow industrials and a slide in crude prices hurt energy stocks.

Kapoor dedicates art piece 'Leviathan' to Ai Weiwei

Anish Kapoor had dedicated his new monumental art piece 'Leviathan' to Chinese artist Ai Weiwie, who was is custody by Chinese authorities for unspecified crimes.

Japan nuclear operator seals radioactive water leak

The operator of Japan's tsunami-crippled Fukushima Daiichi nuclear station said on Wednesday that it has sealed a fresh leak of radioactive water at the plant that it suspected was seeping into the ocean.

Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.

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