Gold slightly up as economic uncertainty prevails
Gold prices advanced marginally in Asian trade Thursday ahead of a key US jobs data.
Gold for immediate delivery was seen trading at $1246.01 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery were little changed at $1,248.03 an ounce on the comex division of Nymex.
SEC probes cancelled trades in flash crash: report
U.S. securities regulator is looking into a Wall Street trading practice in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second, only to be canceled almost immediately, the Wall Street Journal reported on Thursday.
Asia stocks rise, U.S. data soothes fears
Asian stocks rose to a two-week high, with Japan's Nikkei briefly rising more than 2 percent, as strong U.S. manufacturing data further soothed worries about the global economy.
Pakistan trio meet Commissioner over corruption claims
Pakistan test captain Salman Butt and pace bowlers Mohammad Amir and Mohammad Asif will meet their country's High Commissioner later Thursday to discuss corruption allegations levelled against the team.
This Week In Petroleum - Gasoline Prices at Summer Low before Labor Day Weekend
Heading into the Labor Day holiday weekend, U.S. retail gasoline prices have fallen for three weeks in a row, currently averaging $2.68 per gallon, the lowest level of the 2010 peak summer driving season, and the second lowest price at this point in the past five summers (Figure 1). This year, prices peaked on May 10 at $2.91 per gallon. Compared to price variation experienced over recent summers, gasoline prices have moved in a narrow range during this summer's driving season (Figure 2).
Asia stocks rise as U.S. data soothes fears
Asian stocks rose to a two-week high, with Japan's Nikkei briefly rising more than 2 percent, as strong U.S. manufacturing data further soothed worries about the global economy.
Burger King in sale talks - source
Burger King Holdings Inc , the second biggest U.S. hamburger chain, is in talks to sell itself to investment firm 3G Capital, a source briefed on the situation said on Wednesday.
Obama brings Mideast leaders together for peace push
President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away, bringing them together for ceremonial handshakes at the White House on the eve of relaunching direct talks.
Apple TV takes aim at Web-connected living room
Apple Inc unveiled a smaller, cheaper version of its Web-to-TV device on Wednesday, stepping up a battle with Google Inc and Microsoft Corp for control of the digital living room.
Obama to Mideast leaders: seize moment for peace
President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away as he opened a U.S.-sponsored summit to relaunch direct talks shadowed by Middle East violence.
Police end hostage drama at U.S. Discovery Channel
U.S. police shot and killed a man who took three people hostage, waving a gun and apparently fitted out with explosives, in the headquarters of the Discovery Channel near Washington on Wednesday.
Obama to Mideast leaders - Seize moment for peace
U.S. President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away as he opened a Washington summit shadowed by Middle East violence.
Auto sales post weakest August since 1983
Automakers posted their weakest U.S. August sales in 27 years, underscoring uncertainty about the strength of the recovery in the world's largest economy.
Stronger Hurricane Earl nears U.S. East Coast
Looming Hurricane Earl strengthened and churned up dangerous swells on Wednesday, forcing evacuations on some of North Carolina's barrier islands and prompting storm alerts along much of the U.S. east coast.
Burger King in sale talks: source
Burger King Holdings Inc , the second biggest U.S. hamburger chain, is in talks to sell itself to investment firm 3G Capital, a source briefed on the situation said on Wednesday.
Connecticut probes First Niagara-NewAlliance deal
Connecticut is probing First Niagara Financial Group Inc's proposed $1.5 billion takeover of NewAlliance Bancshares Inc and has asked the banks to justify the merger, throwing a potential roadblock to the largest U.S. bank deal in nearly two years.
Genzyme's hand strengthening vs Sanofi - analyst
U.S. biotech Genzyme Corp , which has rejected an $18.5 billion (11.9 billion pounds) offer from French drugmaker Sanofi-Aventis SA , appears to hold the upper hand in the takeover struggle, according to Geoffrey Porges, an analyst at Sanford Bernstein.
Obama opens Mideast peace summit, says U.S. resolute
U.S. President Barack Obama vowed on Wednesday that extremists and rejectionists would not derail the relaunch of Israeli-Palestinian negotiations as he opened a peace summit shadowed by Middle East violence.
Mother of young Syrian blogger appeals for her release
The mother of a 19-year-old female Syrian blogger who was arrested last year has appealed to President Bashar al-Assad for her release, saying her daughter does not understand anything about politics.
Hurricane Earl to sideswipe U.S. Atlantic Coast
Looming Hurricane Earl forced vacationers and some residents off North Carolina's barrier islands on Wednesday, churning up dangerous swells and prompting storm alerts along the U.S. east coast.
Manufacturing grows in August
The U.S. manufacturing sector grew faster than expected in August, but private employers unexpectedly cut jobs, showing the economic recovery still faces headwinds.
BBC staff vote for strike over pension overhaul
Staff at Britain's BBC voted on Wednesday to strike in protest against the state-funded broadcaster's plans to reduce a large pension deficit by capping the growth of pensionable pay, unions said.
Burger King in advanced sale talks - report
Burger King Holdings Inc is in advanced talks to sell itself to investment firm 3G Capital, The New York Times reported on Wednesday, boosting shares 15 percent.
Blasts kill 20 in Pakistan's Lahore, 170 hurt
Three bombs exploded at a Shi'ite procession in the Pakistani city of Lahore on Wednesday, killing at least 20 people and wounding over 170, piling pressure on a government already overwhelmed by floods.
Obama says U.S. undeterred in bid for Mideast peace
U.S. President Barack Obama vowed on Wednesday that a deadly Hamas attack in the West Bank is not going to stop us in the quest for Middle East peace as he opened a Washington summit to relaunch face-to-face Israeli-Palestinian negotiations.
FTSE posts biggest daily gain in almost 2 months
M&A talk among the travel, telecoms and mining sectors helped Britain's top shares to their biggest daily gain in almost two months on Wednesday, as strong manufacturing data from the U.S. and China boosted sentiment.
Fix political impasse before you go, Iraqis tell U.S.
President Barack Obama is pushing Iraq's democracy out of the nest before it can fly and abandoning Iraqis while they are still at war, many Iraqis said on Wednesday after the end of U.S. combat operations.
Stocks enjoy best day in 8 weeks
Wall Street posted its best day in eight weeks on Wednesday as investor mood brightened after better-than-expected factory data from the United States and China.
Apple takes wraps off new lineup of iPods
Apple Inc unveiled a snazzier line of its iPod on Wednesday, with new designs for every model of the popular media device in hopes of kick-starting holiday sales.
Factory growth picks up in China, slips in Europe
Surging domestic demand helped manufacturing growth in China and Russia pick up speed in August, while U.S. manufacturing grew faster than expected, but data showed the recovery slowing in European factories.