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Japan on Cusp of Recovery after Q2, but Yen Clouds Outlook

Japan's economy shrank much less than expected in the second quarter as companies made strides in restoring output after the devastating earthquake in March, but a soaring yen and slowing global growth cloud the prospects for a sustained recovery.
Locke, new U.S. ambassador to China, stands with his family outside their residence as he speaks to the media in Beijing

Locke says China need not fret over dollar assets

China should rest easy that its investments in the dollar remain safe, the newly arrived U.S. ambassador in Beijing, Gary Locke, said on Sunday, adding that the world's two biggest economies could find common ground despite economic and political strains.
Residents demonstrate against a petrochemical plant in Dalian

China says will shut plant as thousands protest

Authorities in northeastern China on Sunday ordered a petrochemical plant to be shut down immediately after thousands of people demonstrated, demanding the relocation of the factory at the center of a toxic spill scare, state media said.
At Issue: U.S. and Global Stock Markets

U.S. Stock Market: Dow?s Wild Ride May Continue, on Societe Generale Woes

After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
One kilogram gold bars are seen in this picture illustration

Gold falls 1.5 per cent as Wall Street revives

Gold dropped 1.5 percent on Friday, falling further from the previous session's record highs, as a rise in appetite for riskier assets prompted profit-taking from bullion's sharp safe-haven rally this week.
Congo

Congo non-oil revenues up, crude output seen slipping

The Republic of Congo's non-crude revenues rose 25 percent to 500 billion CFA Francs in the first-half of the year, Congo's president Denis Sassou N'Guesso said on Friday, adding the economy needed to ease its reliance on an oil industry poised for decline.
A Voice No Longer in the Wilderness

Turns Out it Really is Hip to be Square

This year's explosion in gold and related assets comes on the 25th anniversary of a hit single that offers an uncannily relevant message for the Wall Street establishment: It is "Hip to Be Square."
U.S. Stock Market

U.S. Stock Market: After a Wild Week, What?s Next?

After a week of gyrations that's seen the Dow Jones Industrial Average rise or fall 400 points for four straight days, it's understandable if U.S. investors are bewildered. Given the tumult, what stance should investors adopt now?
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Rush to gold shakes up staid French market

A surge in prices to all-time highs has galvanized the French retail gold market, for long a dusty corner beloved of coin investors, drawing in ordinary punters but also the unwelcome attention of armed robbers.

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