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.
China's stock slipped to a nearly 13-months closing low on Friday.PetroChina breaks its initial public offer (IPO) price for the first time since the stock issued in Shanghai last October.Th...
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...
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.
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.
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...
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 ...
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.
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...
The $95 price drop in gold this past week is therefore nothing short of a gift. Next stop: $2,000 gold.
OPEC President Chakib Khelil said over the weekend that he expects the price of crude oil to range between $80 and $110 per barrel in 2008.
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
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 ?
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 ?
By David GallandWhile almost everyone sees price inflation when it happens, few people notice the monetary inflation that is causing it.
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.
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.
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.
Third place U.S. wireless carrier Sprint Nextel may introduce unlimited voice service for as slow as $60 per month to counterattack a wave of new plans charging $99, analysts say.
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.
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.
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.