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Greentown woes reveal risks in China property boom

China is moving to choke off funding avenues to developers across the country, tightening or eliminating credit options in a bid to slow the rampant property market and bring down prices without sending the broader economy into a crash.
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Gold Prices Plunge More Than $100 Per Ounce

Gold prices slumped more than $100 an ounce on Friday, the biggest fall on record in dollar terms, as traders sold to cover losses, while global stocks edged up on expectations the European Central Bank will take new measures to contain the euro zone debt crisis.
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World Stocks Break from 14-Month Lows

World stocks came off 14-month lows on Friday on expectations policymakers would take further action to ease the Eurozone debt crisis, while commodities fell broadly on worries about a global economic slump.
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European shares fall again as G20 talk seen hollow

European shares fell on Friday after a fresh pledge of support from leading global economies to shore up the financial sector failed to placate markets, leaving them on course for a fifth straight month of losses.
Traders work at their desks in front of the DAX index board at Frankfurt's stock exchange

European Stocks Seen up Despite Slide in Asia

European shares were poised to claw their way off 26-month lows on Friday, but Asian stocks slid on fears of renewed recession in the developed world and as a pledge from the G20 to preserve financial stability left investors largely unimpressed.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Sharp Losses

Stock index futures pointed to a sharply lower open on Wall Street on Monday, as renewed fears of a Greek debt default prompt investors to book some of last week's gains and turn to safer assets such as gold.
Gambling Rose opens up four shot lead at BMW

Gambling Rose opens up four shot lead at BMW

Britain's Justin Rose carded a two-under-par 69 to open up a commanding four stroke lead after the third round of the BMW Championship on Saturday and give himself a shot at the season-ending $10 million jackpot.
A man melts down gold jewelry in Los Angeles

Gold Falls to Two-Week Low in European Trading

Gold tumbled to a two-week low on Friday as diminishing liquidity concerns prompted a bout of selling, but lingering concern about financial stability and strong physical buying interest from Asia later helped it to recover.
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Stocks Jump After Central Bank Action

World shares rose half a percent to one-week highs on Friday while the euro clung to gains from the previous session on hopes that European policymakers would finally come up with a bold plan to combat a deepening debt crisis.
Col. Belote and Vander Leest walk through array of solar photovoltaic panels at Nellis Air Force Base in Las Vegas

SunPower Looking at Downstream Acquisitions

U.S. solar company SunPower Corp (SPWRA.O) is actively looking at acquisitions that would complement its residential and commercial project businesses, Chief Executive Tom Werner said on Tuesday.

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