PRICE

IBTimes Logo

Is this the new Kindle 2.0?

Ahead of Amazon's CEO appearance in New York on Monday where it is widely speculated that the Kindle 2.0 will be launched, authentic looking photos of the new Kindle were leaked on the MobileRead forums Friday night.

Bank of America shares drop to lowest since 1984

IBTimes Logo
Shares of Bank of America Corp., the largest U.S. bank, declined sharply to their lowest level since 1984 on Thursday in New York trading on concern that the bank does not have enough capital even with a $138 billion bailout package.

Bank of America shares reach lowest since 1984

IBTimes Logo
Shares of Bank of America Corp., the largest U.S. bank, declined sharply to their lowest level since 1984 on Thursday in New York trading on concern that the bank does not have enough capital even with a $138 billion bailout package.
IBTimes Logo

Buffet takes Swiss Re stake as share price sinks

Billionaire U.S. investor Warren Buffett is taking advantage of depressed share prices during the economic downturn, investing 3 billion Swiss francs ($2.6 billion) in the world's second largest insurer Swiss Re.
More news
IBTimes Logo

Japan Stocks Rebounded Slightly On Oil Price Rising

Japan stocks rebounded slightly Monday, led by oil companies' shares as New York oil futures reached $127.82 per barrel in off-hours trading on Friday. But the upward trend was thwarted because of concerns over the U.S. economy.
IBTimes Logo

40 years of inflation Vs 80 years of pricing

By Adrian Ash If WallStreet stock can surge 200 points on falling earnings, an 11% drop in housing starts, and a 16 year record for consumer price inflation just as the Dow Jones Industrial...
IBTimes Logo

Goldman lower Alibaba's target price to 15 HK dollars

Goldman Sachs lowered Alibaba's price target from 18 Yuan to 15 Yuan, or 16 percent, and lower the company's target price earnings ratio of 2009 from 33 times to 30 times, but maintained the stocks neutral rating.
IBTimes Logo

China's CPI excepted to increase by 6.5 percent

Bank of China (BOC) has adjusted its forecasts of the year-on-year increase rate of China's consumer price index (CPI)this year from 5.5 percent to 6.5 percent, and is expected to increase interest rates in the second quarter this year, said the report issued by BOC's department of the global financial markets on Monday.
IBTimes Logo

Gold not to act as a medium of exchange

By Julian D.W. Phillips The focus in the Gold Market has always been on the Dollar price of gold, writes Julian Phillips of the Gold Forecaster. And yet we have ample evidence of why we shou...
IBTimes Logo

How Gold prices rose from $270 in six years

In six short years, the tables have turned for gold. In 2001, prices were roughly $270 per ounce with a production cost of roughly $160 per ounce.Now in 2007, the production cost is nearly $400 an ...
IBTimes Logo

OPEC oil prices slip back below $100

Commodity Online VIENNA: OPEC on Tuesday announced that its weekly average oil price has dropped slightly to $ 99.47 per barrel in the previous week.
IBTimes Logo

Subprime Crisis is a cancer in financial system

By Julian D W PhillipsThe oil price is holding high at never before seen levels, not because of a shortage, but because US and foreign nationals and institutions are fleeing from Dollar instruments into hard assets...
IBTimes Logo

Can Gold touch $2 000?

The $95 price drop in gold this past week is therefore nothing short of a gift. Next stop: $2,000 gold.
IBTimes Logo

Volatility continues in commodities

By Jon NadlerSilver lost another $1.48 or 8.5%, falling to $16.94 per ounce. Platinum dropped $39 to $1865.00 per ounce and palladium lost $18 to $438.00 as the entire complex was battered by the freefall in gold
IBTimes Logo

Will gold prices decline further?

Commodity Online MUMBAI: After a rally in gold that led to the international prices zooming to $1030 an ounce, will gold price reverse direction based on Wednesday's price level of $940 ?
IBTimes Logo

Will gold prices continue to decline?

Commodity Online MUMBAI: After a rally in gold that led to the international prices zooming to $1030 an ounce, will gold price reverse direction based on Wednesday's price level of $940 ?
IBTimes Logo

Two concepts of 'inflation'

By David GallandWhile almost everyone sees price inflation when it happens, few people notice the monetary inflation that is causing it.
IBTimes Logo

Gold Breaks Record on Weak Dollar

Gold futures surged on Thursday, nearing a record high of $970 an ounce causing the dollar to continue its fall against the euro and boosted the precious metal's appeal as an inflation hedge.
IBTimes Logo

Gold, Silver Futures Rise in NY

Gold and silver futures rose after a report showed U.S. producer prices rose more than expected last month, increasing the appeal of the precious metals as a hedge against inflation.
IBTimes Logo

Gold, Platinum Break New Records: Dollar Weakens

Gold futures rose to a new record of $958.40 an ounce on Thursday on a weakening dollar which boosted the metal's appeal as an inflation hedge. Platinum and silver also hit new record highs.
IBTimes Logo

Lactalis McLelland admits diary price fixing

Lactalis McLelland has admitted its role in a diary price fixing scandal in which top supermarket chains and diary producers stand accused of colluding to fix the retail price diary products.
IBTimes Logo

Tesco employees share £175 million payout

Tesco Plc has announced that it will be giving it's largest ever share payout of £175 million, to 51,000 of it's employees who are part of its Save As You Earn share scheme which allows Tesco employees to buy shares in the company at a discounted price.
IBTimes Logo

Gold Soars to New Record

Gold futures surged to its new record price on Thursday after earlier rallies on news of an interest rate cut, led by global supply and demand concerns.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.