Spot gold was bid at $1,328.05 an ounce at 1300 GMT, against $1,336.00 late in New York on Wednesday. U.S. gold futures for April delivery fell $3.90 to $1,328.20. Concerns over the fallout from unrest in Egypt, where six people were killed after supporters of president Hosni Mubarak opened fire on protestors overnight, have underpinned prices, but have not sparked fresh investment, analysts said.
Norway MP, Snorre Valen nominates Julian Assange's whistleblower website WikiLeaks for Noble Prize and hails it for contribution to Tunisian Revolution and the following Arab protests.
Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.
U.S. Commerce Secretary Gary Locke on Wednesday criticized China for failing to honor promises to open its market and said the United States would be pressing Beijing for better results in 2011.
Asian exporters of computer and communications equipment in 2009 boosted their grip on the sector during the global financial crisis and now hold two-thirds of the trade, figures issued on Wednesday showed.
Top appliance makers Whirlpool and Electrolux are raising prices to pass soaring raw material costs on to customers, but their attempts may not pass muster with bargain-hungry shoppers.
Top appliance makers Whirlpool and Electrolux are raising prices to pass soaring raw material costs on to customers, but their attempts may not pass muster with bargain-hungry shoppers.
Standard Chartered has promoted the head of transaction banking for China to lead the same division in Africa, according to a person familiar with the matter.
Top home appliances makers Whirlpool Corp and Electrolux are raising prices to pass soaring raw materials costs onto customers and will rely on emerging markets to drive growth.
Vodafone has named outgoing Philips Chief Executive Gerard Kleisterlee as its new chairman, bringing emerging markets know-how and an ability to simplify a group to the world's largest mobile operator.
LED makers have defied the post-crisis market turmoil with off-the-charts share price gains reminiscent of the dot-com boom.
ThinkEquity has outlined its top technology stock picks for 2011. The stocks include AMD, Spansion, Entropic, Micron Technology, Nvidia, Aruba Networks, Mellanox, Stec, Google and Priceline.
Dominique Strauss-Kahn, managing director of the International Monetary Fund delivered the following speech at the Monetary Authority of Singapore on February 1, 2011.
Gold prices eased a touch in Europe on Wednesday after well received U.S. economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets.
China is expected to see another interest rate hike within a month as the government intensifies its efforts to control the rising inflation, The New York Times reported on Wednesday citing a forecast of economists and bankers.
China will likely raise interest rates again within the month, the New York Times reported on Wednesday, citing a forecast of economists and bankers with knowledge of the thinking of Chinese policymakers.
China is estimated to become the world’s largest luxury goods market over the next decade, boosted by rising incomes and a transition from saving to spending culture, said a report on Wednesday.
China may speed up its soybean imports after the Lunar New Year and slow its vegetable oil buys as floods cut off palm oil supply in Malaysia and if port strikes further stall Argentine soyoil exports.
Vodafone
named outgoing Philips Chief Executive Gerard Kleisterlee as its new chairman, bringing emerging markets know-how and an ability to simplify a group to the world's largest mobile operator.
China will wrap up large-scale testing of fourth generation mobile communication network, TD-LTE and will put its mobile services to commercial application as an attempt to create a competitive edge for homegrown telecom equipment producers.
China's oil demand growth in 2011 may slow to half of last year, as Beijing's moves to rein in excessive credit are expected to slow economic growth and energy use.
China is ready to start building a series of controversial hydropower plants on the Nu River in the southwestern province of Yunnan, state media said, citing a senior energy official.