IBT Staff Reporter

Japan stocks recovered 12,000 line Wednesday due to eased concerns for U.S. economy and a weaker yen after an overnight equity surge on Wall Street. Securities, iron and steel, high-tech issues were soared while oil companies and some insurance issues decreased.

Commodity OnlineNEW DELHI: The World Bank on Wendesday approved a $600 million loan to India's government run power transmission company, Power Grid Corporation of India, to strengthen its electricity transmission system.

By Binu Alex Use of nuclear fuel to generate extra 50,000 MW of electricity, is the available option in near term

Commodity Online MUMBAI: Gold lost Rs 180 per 10 gram in the bullion market here despite global trend and finished at Rs 13,110 on Wednesday.

Commodity Online MUMBAI: India s gold demand revived as spot and future prices of gold eased following a rate cut in the US that boosted global stock and currency markets

Commodity Online NEW DELHI: India s infrastructure sector fell to 4.2 percent in January compared to 8.3 percent in the corresponding year last year.

Commodity Online KUWAIT CITY: The oil rich tiny gulf state of Kuwait on Tuesday announced that its revenue collection has reached a staggering $63.6 billion until February this fiscal.

Commodity Online TOKYO: Gold s plunge in the US did not affect its futures in Asia as it gained along with silver on Wednesday.

Commodity Online NEW YORK: In a surprising development, gold futures plunged Tuesday while almost all other commodities gained over US Fed s decision to cut lending rate.

Commodity Online NEW YORK: US Feds decision to cut lending rates had its impact in crude futures as it soared Tuesday and end a little above 109 US dollars.

There s almost an unwritten rule that someone or something major has to fail before the bears are done, says Cash McDash, a hedge fund manager.

By Doug CaseyInflation is rising globally, driving Gold Bullion higher, as both money prices increase...

Commodity Online Jayant Deo, former MERC Member and an expert in energy sector, speaks about various issues that are being faced by the energy sector

An estimated 5.2 million Americans have Alzheimer's disease, and the disease could hit one in every eight baby boomers, according to a report released on Tuesday by the Alzheimer's Association.

Apple's iPhone received a corporate push earlier this month as the company rolled out more features to cater to the enterprise market, but conspicuously neglected support for Lotus users.

U.S. copper futures ended with gains on Tuesday as traders speculated that the Federal Reserve's benchmark interest rate cut may increase demand for the red metal.

Frank Quattrone, the controversial financier who rose to stardom during the dot-com boom in the 1990's has announced his long-awaited return to finance with the formation of a new advisory firm.

Sir Paul McCartney divorce to Heather Mills was concluded on Tuesday with the judge awarding Mills a $48.6 million divorce settlement amidst claims she lied about her finances.

Commodity Online NEW YORK: In its biggest daily loss since 1991, world oil prices lose 4.53 dollars a barrel on Monday, after hitting a record high of 111.80 dollars a barrel.

NEW DELHI: In an attempt to reduce oil imports and to increase the domestic production of oil, the government has taken various measures, said the Minister for Petroleum Natural Gas Murli Deora in the Parliament today.

The Federal Open Market Committee decided today to lower its target for the federal funds rate 75 basis points to 2-1/4 percent.

Microsoft has released the first major update to its Windows Vista operating system on Tuesday, promising better performance and increased stability.

Gold futures closed higher on Tuesday ahead of the Federal Reserve's announcement to lower its target benchmark interest rate by 0.75 percentage points to 2.25 percent.

The Federal Open Market Committee released the following statement on Tuesday., announcing a three-quarters of a percentage point rate cut at its closed-door meeting.

U.S. stocks edged off earlier gains after the Federal Reserve announced its decision to lower its benchmark interest rate by three-quarters of a percentage point in a bid to ease concerns that the US economy is slipping into a recession.

Adding to several aggressive steps to boost the economy this week, the Federal Reserve lowered its target benchmark interest rate by 0.75 percentage points to 2.25 percent. The Fed voted 8 to 2 in favor of the move citing weakening economic activity, softer labor markets, financial markets under considerable stress and a deepening housing crisis in the coming quarters.

Commodity Online MUMBAI: The dream run by the precious metal along with silver seems to have ended at least for the time being as both suffered losses at the bullion market here on Tuesday.

Commodity Online Tracking global developments, standard gold in India gained Rs 385 per 10 gm to Rs 13,495, before hitting a new peak of Rs 13,560.

Crude prices rose on Tuesday on speculation that the U.S. Federal Reserve will cut interest rates today, sending the dollar down and spurring investments into commodities.