IBT Staff Reporter

The U.S. economic recovery will fade as government supports dry up, and the Federal Reserve may need to do more to boost growth, economists said in a survey on Tuesday.

The Bank of Japan kept interest rates steady and held off on new policy steps on Tuesday, saving its limited policy options in case a rise in the yen accelerates and threatens the country's fragile economic recovery.

Oil fell to near $81 on Tuesday as China imports slowed pace in July, raising the prospect of less crude purchases by the world's second largest energy consumer as economic growth cools in the second half.

Gold ticked lower on Tuesday as early bargain hunting subsided, but investors bet the U.S. Federal Reserve would take further steps to ease monetary policy later in the day, boosting bullion's safe-haven appeal.

The dollar staged a rebound against major currencies on Tuesday as traders pared short positions on looming uncertainty over whether the U.S. Federal Reserve will start a new phase of quantitative easing to deal with a slowing economy.

The China International Silver Conference (CISC) will be held in Beijing, October 15-17. This annual event in China has become one of the most important forums for market participants to discuss trends and important developments in the global silver market.

Who's the Swiss investor hwo lapped up a major quantity of Krugerrand gold bullion coins by the Rand Refinery and dried up its Kruggerand reservoir? Rand Refinery, the world's largest gold refinery refuses to reveal the identity of the individual but said that the stock can be replenished only in September.

The U.S. dollar clawed higher against the euro and Asian stocks slipped on Tuesday, as investors braced for the outcome of a Federal Reserve meeting that could disappoint some looking for big policy changes.

Oracle Chief Executive Larry Ellison blasted Hewlett-Packard on Monday for forcing CEO Mark Hurd to resign.

Private equity firm Kohlberg Kravis Roberts & Co said on Monday it has canceled plans to sell $500 million of new common units, less than one month after it listed on the New York Stock Exchange.

The AUD has opened slightly weaker this morning currently trading at USD 0.9160 as many investors square up some positions before the Federal Reserve's meeting tonight.

A larger than forecast 3.9% decline in Australian home loans during June and disappointing ANZ job advertisements data halted the progress of the Aussie dollar in Asia yesterday as it entered offshore exchange relatively unchanged from the weeks open at 0.9185.

BlackBerry users in Saudi Arabia were left guessing for a second time in a week on Tuesday after a deadline to address security concerns about encryption lapsed, but service continued normally.

An Alzheimer's therapy experiment using brain pacemakers turned out to be successful in improving the memory or arresting memory loss of a small group of patients suffering from the disease.

Political activists in Gulf states where the maker of BlackBerry faces possible bans say its messaging service boosted their ranks, and they are now on the hunt for new ways to evade authorities.

The Queensland University of Technology Psychology and Counselling Clinic is offering free therapy sessions for problem drinkers.

Verizon and Google said on Monday that regulators should be able to police Web traffic over cable and telephone lines, but carriers should control the speed of access to content on wireless devices.

Mining companies will invest a record $62 billion in Brazil through 2014, the country's mining industry associating said on Monday, boosting a previous forecast of $54 billion for the same period.

Verizon Communications Inc and Google Inc on Monday proposed principles for policing Web traffic, but stopped short of saying they should apply to wireless devices.

A deadline Saudi Arabia has fixed for BlackBerry manufacturer Research In Motion Ltd and local mobile phone operators to address security concerns has lapsed, but the handset's services continue to operate normally.

Researchers from McMaster University in Ontario, Canada are linking the chemical prostaglandin D2 to the remission of ulcerative colitis or inflammatory bowel disease.

The female contractor whose sexual harassment accusation against Mark Hurd led to his ouster as chief executive of Hewlett-Packard came forward on Sunday, saying she never intended for Hurd to lose his job.

There is a significant chance the U.S. economy will slip back into recession in the next two years although a reversal is unlikely in the next few months, researchers at the San Francisco Federal Reserve Bank said on Monday.

There is a significant chance that the U.S. economy will slip back into recession in the next two years, although a reversal is unlikely in the next few months, researchers at the San Francisco Fed said on Monday.

U.S. stocks rose on Monday in the quietest session of the year on speculation that the Federal Reserve would signal potential steps to boost the sluggish economic recovery.

Canadian researchers have found that people with more tattoos have higher risk of contracting hepatitis C and other blood-borne diseases.

Sara Lee Corp Chief Executive Brenda Barnes will step down permanently as CEO and chairman after suffering a stroke, and the company has begun a search for her successor.

Experts state that a risk of an HIV epidemic may arise if conservative Aboriginal communities don't learn from others and start taking drug management measures seriously.

Australian's problematic drinking rates are on par with New Zealand and the US, and well above other developed countries such as France, Spain and Germany.