Indian gold demand is likely to recover near to its pre-credit crunch level following the fall in demand in 2009, said World Gold Council (WGC) on Friday in a report titled India: Hear of Gold.
Report says across the globe, one in five cell phone purchases this past quarter was a smartphone.
There has been “big progress” in the negotiations between world political leaders as they seek to hammer out an agreement and compromise on major economic issues on the final day of the G20 summit in Seoul, South Korea.
Copper hit record highs in London and jumped to a 30-month high in New York on Thursday as strong Chinese data suggested higher demand for the metal by the world's biggest consumer.
The global currency war will likely dominate discussions at the G20 Seoul summit. Other issues on the agenda include global financial regulation, development gaps, and dealing with disruptive capital inflow and outflows.
Combat aircraft accounted for one-third share in worldwide transfers of major weapons in the past five years, says a report on Wednesday.
U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Oil rallied to its highest in more than two years on Thursday on reports that major oil consumers may use more of it next year. Oil rose despite a strong dollar on the day, which analysts largely attributed to the latest demand-supply equations of the commodity.
The top pre-market NASDAQ stock market gainers are: China GrenTech, Dendreon, Geron, A123 Systems, TiVo, Foster Wheeler, DryShips, Approach Resources, and Hudson City Bancorp.
More monetary tightening is expected in China by the end of the year, as the surging loan growth raises more concerns than food price inflation, says a research report.
Even as demand for oil is expected to surge in the next decade or so, alternative fuel sources are gaining popularity as they become more economically viable, according to a report by the Boston Consulting Group.
Futures on major U.S. indices point to a lower opening on Thursday as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Shenzhen city in China plans to have 35,000 electric cars on its road within three years, the city's vice-mayor Tang Jie said at an event in Hong Kong.
Futures on major U.S. indices point to a lower opening on Thursday. Futures on the S&P 500 are down 0.38 percent, futures on the Dow Jones Industrial Average are down 0.27 percent and Nasdaq100 futures are down 0.66 percent.
Mahindra Satyam, a leading global consulting and IT services provider, said on Thursday that it has received a contract from Insurance Regulatory and Development Authority (IRDA) to implement SAP ERP.
Moody's Investor Service upgraded China's 3 big policy banks and Chinese government's bond rating to Aa3 from A1.
A study on charts shows that silver may not continue to enjoy the status of better investment alternative over gold in the short to medium term period.
The U.S.-South Korea free trade talks broke down as the two sides failed to resolve principal differences over U.S. beef and auto exports to South Korean markets, but Presidents Barack Obama and Lee Myung-bak said they still hoped the deal could be clinched.
British private equity firm 3i Group Plc reported a profit and a rise in net asset value for the first half, and it lifted its interim dividend by 20 percent to 1.2 pence.
A surge in food prices propelled Chinese consumer prices to a 25-month high in October, despite the government's efforts to control inflation.
At the closing plenary session of the G20 business summit in Seoul, South Korea, David Cameron, the British Prime Minister, praised the host country’s miraculous economic advances and also highlighted some major themes underlying the purpose of the G20.
The top after-market NASDAQ stock market gainers are: China GrenTech, Perceptron, Sonic Solutions, Brooks Automation, Fuel-Tech, Prospect Capital, Dendreon, FiberTower, and China Sunergy.
