IBT Staff Reporter

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BSE Sensex makes a comeback, gains 2.6 percent

Sensex, the prime 30-share index of the Bombay Stock Exchange (BSE) staged a comeback on Friday and ended the week on a positive note, gaining 2.63 percent or 403.17 points, even as concerns persisted about weak US economy and subprime crisis.

Gold futures reach $1,009 an ounce

Gold futures spiked to a new record of $1,009 an ounce in New York on Friday, as investors turned to the safe haven after news of a bailout from troubled investment bank Bear Stearns while the plunging demand increased demand for the precious metal.

Treasuries Rise on Bear Stearns Bailout

U.S. Treasury note prices rose on Friday after amid continuing struggles in the financial sector as the Federal Reserve, through JPMorgan Chase, gave emergency funds to struggling investment bank Bear Stearns.

Dollar Slips to New Low Versus Euro on Bear Stearns

The dollar fell to a new low against the euro and dipped lower against the yen on Friday amid more trouble in the financial sector as JPMorgan Chase and the New York Federal reserved teamed up to bail out struggling investment bank Bear Stearns.

Astronauts Begin Shuttle Walk

Two astronauts from the US shuttle Endeavour on Thursday began the first of a series of spacewalks to install Japan's maiden laboratory at the International Space Station, according to NASA.

Nintendo Outsells Rivals Again, Sony Second

Nintendo continued to dominate rivals in the month of February, with new data showing the game-maker selling nearly twice as many game-consoles in the second month of the year.

Dollar falls to new record low

The dollar traded at a record low versus the euro on Thursday on concerns of continuing credit market turmoil and its possible effect on the U.S. economy.

US gold scores $1,000 record high as dollar sinks in NY

Gold futures in New York surged above the historic $1,000 an ounce benchmark on Thursday, led by a combination of a weakening dollar, soaring crude oil prices and strong investment demand, prompting investors to enter the bullion market. Silver and platinum also gained.

Natural Gas Weekly Update - Mar 13

Natural gas spot and futures prices generally increased this report week, as cold weather continued but showed signs of easing. During the report week, the Henry Hub spot price increased $0.32 per million Btu (MMBtu) to $9.69.

Gold smashes the $1,000 benchmark in NY

U.S. gold futures hit a record high of $1,00 an ounce on Thursday morning, led by a combination of a weakening dollar, soaring crude oil prices and strong investment demand.

AMD Phenom Processor Ships

Semiconductor company Advanced Micro Devices (AMD) said on Wednesday that it began to ship its triple-core computer processor, dubbed the Phenon, to manufacturers.

This Week In Petroleum - Mar 12

When the weather forecast calls for a partly sunny day, will it be sunny where you are? Or, if the weather forecast calls for a chance of scattered showers, does that mean it will be raining at the park when you're planning to have a

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