Gold prices extended gains in Asian trade Tuesday mainly on geopolitical tensions that boosted its appeal as a safe haven investment asset. Gold for immediate delivery was seen trading at $1222.11 an ounce at 11.30 a.m Singapore time while U.S. gold futures for August delivery was at $1,220.40 an ounce.
Gold has exploded recently, making new highs against every major currency in the world.
U.S. drugmakers Pfizer Inc and Merck & Co Inc posted better-than-expected quarterly results, helped by cost savings from their respective mega-mergers that could boost results for several more years.
Bank of Israel Governor Stanley Fischer said on Sunday Israel could become a leading economy globally if a Middle East peace deal is reached but that the key challenges for now were to accelerate growth and cut poverty.
Europe took the first steps toward a massive roll-out of electric vehicles on Wednesday, backing up past rhetoric with plans for pan-European standards that the industry has cried out for.
Israel will begin allowing people to bring Apple iPads into the country starting on Sunday, two weeks after customs began confiscating the tablet computers for fear they would interfere with other wireless devices.
Data protection and privacy chiefs from 10 countries issued a joint letter pushing search engine giant Google to improve respect for data privacy, Canada's Office of the Privacy Commissioner said on Tuesday.
A new treatment has been discovered to help treat erectile dysfunction, however, the men might wince at the thought of this idea. Researchers from Israel have reported promising preliminary results from using low-intensity shock wave therapy to help treat vasculogenic erectile dysfunction (ED).
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Cancer victims who have a breast removed do not necessarily live longer, a new study concluded. Researchers said some patients with breast cancer appear to live just as long whether they choose treatment preserving their breast or have mastectomy.
A Palestinian youth was killed by Israel troops and another was seriously wounded on Saturday during a clash in the occupied West Bank, Palestinian hospital officials said.
Israel's Teva has won the battle for German generic drugmaker Ratiopharm, paying an enterprise value of 3.625 billion euros to fix the industry leader's weakness in the world's second-largest generics market.
The tussle over German generic drugs maker Ratiopharm is drawing to a close as the three remaining contenders square off in the final round of bidding, sources close to the deal told Reuters on Wednesday.
Prime Minister Benjamin Netanyahu rejected on Monday any curbs on Jewish settlement in and around Jerusalem, defying Washington in Israel's deepening crisis with U.S. President Barack Obama's administration.
According to a report on Idex Online by CHAIM EVEN-ZOHAR, 2009 was probably the best year in a decade for India's diamond industry. In terms of polished diamond exports, India's $15.16 billion in 2009 was only 1.7 percent below the $15.42 billion of the 2008 calendar year. Measured in polished carats, the volume of exports was actually up some 13 percent, reaching a staggering 51.9 million carats.
Israeli-U.S. relations have hit a 35-year low over a West Bank settlement plan that threatens to derail peacemaking efforts with the Palestinians, Israel's envoy to Washington was quoted as saying on Monday.
Israel's relationship with the United States, a defining feature of the troubled Middle East, was under severe strain as diplomats scrambled on Saturday to save newborn U.S.-brokered peace talks with the Palestinians.
The Palestinians have threatened that indirect, U.S.-mediated peace talks with Israel may be thwarted unless Israel cancels a plan announced this week to build 1,600 new homes in a settlement near Jerusalem.
U.S. Middle East envoy George Mitchell returns to the region next week to try to salvage indirect peace talks between Israel and the Palestinians. The Palestinians have said the process may be thwarted unless Israel cancels a plan announced this week to build 1,600 settler homes near Jerusalem.
Israeli Prime Minister Benjamin Netanyahu's political standing is perilous because of divisions within his coalition over efforts to pursue peace with the Palestinians, a senior U.S. official said on Friday.
U.S. Secretary of State Hillary Clinton on Friday condemned an announcement by Israel this week that it approved plans for new construction in East Jerusalem, saying it sent a deeply negative signal about U.S.-Israeli ties.
Total knee replacement surgery improves balance in elderly patients.
