BARACK OBAMA

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Gold hits another high, Asian shares rebound

Gold hit another all-time high on Wednesday on worries about future inflation and economic uncertainties, while Asian stocks rebounded as the generally bearish dollar kept riskier assets in demand.

U.S. labor group unveils plan to tackle joblessness

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The head of the largest U.S. labor federation urged President Barack Obama on Tuesday to use the $700 billion Wall Street bailout fund to help cash-starved small businesses as a way to stem rising joblessness.
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China studying plan to delay final climate deal

China on Monday distanced itself from proposals to delay a binding climate pact to 2010, but might be willing to sign up to a political deal at climate talks next month if it includes strong commitments from rich nations.
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China, U.S. eye pact to help troubled banks: sources

Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
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Israel rebuffs calls for Jerusalem settlement halt

Israel declined comment on Tuesday on a report of new U.S. demands it curb settlement round Jerusalem, but it reaffirmed its determination to go on building on occupied West Bank land that it has annexed to the city.
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NATO chief confident of big troop increase

NATO Secretary-General Anders Fogh Rasmussen said on Tuesday he was confident the alliance would substantially increase its forces battling Taliban insurgents in Afghanistan.
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China, US eye pact to help troubled banks -sources

Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
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Obama says China agrees on Iran nuclear transparency

China and the United States agree Iran must show its nuclear program is peaceful and transparent, President Barack Obama said on Tuesday, but Chinese President Hu Jintao was more guarded on the dispute at a summit in Beijing.
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Obama to launch cross-country economic tour

U.S. President Barack Obama will hold a forum on job creation with U.S. business leaders on December 3 and then embark on a cross-country tour to discuss economic recovery, the White House said on Monday.
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Denmark expects U.S. greenhouse gas cut at summit

Climate talks host Denmark said on Tuesday it expected Washington to pledge deep cuts in greenhouse gas emissions to help rescue a deal at a December summit even though a full U.N. treaty is out of reach.
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One in seven Americans short of food

More than 49 million Americans -- one in seven -- struggled to get enough to eat in 2008, the highest total in 14 years of a federal survey on food insecurity, the U.S. government said Monday.
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Dollar rebounds broadly as market digests Bernanke

The dollar rebounded on Tuesday from Monday's 15-month lows after Federal Reserve Chairman Ben Bernanke made rare comments about the dollar, encouraging traders to trim longer-term bets against the currency.
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Obama prods China on yuan but Hu silent on issue

U.S. President Barack Obama on Tuesday urged a reluctant China to let its yuan currency rise in value at a summit where strains over trade between the two giants crept into proclamations of goodwill.
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IMF head eyes global currency change, presses on yuan

The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday.
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Asia shares, gold, oil ease as dollar in focus

Asian shares, gold and oil eased on Tuesday as investors locked in recent gains while keeping an eye on the ailing dollar, which was pinned near 15-month lows on expectations that U.S. interest rates will stay extremely low for some time.
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Asia stocks retreat, dollar pressured

Asian stocks surrendered early gains on Tuesday as investors took profits from recent gains, while the dollar was pinned near 15-month lows after Federal Reserve Chairman Ben Bernanke repeated the central bank was likely to keep interest rates at very low levels for some time.
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China's Hu hails frank talks with U.S. Obama

Chinese President Hu Jintao said on Tuesday that he had agreed with U.S. President Barack Obama to increase international cooperation, after frank, constructive and fruitful talks in Beijing.
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Asia stocks give up early gains, dollar pressured

Asian stocks surrendered early gains on Tuesday as investors took profits from recent gains, while the dollar was pinned near 15-month lows after Federal Reserve Chairman Ben Bernanke repeated the central bank was likely to keep interest rates at very low levels for some time.
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Asian stocks hit 15-month highs

Asian stocks rose to more than 15-month highs on Tuesday after Federal Reserve Chairman Ben Bernanke repeated the central bank was likely to keep interest rates at very low levels for some time, keeping the dollar pinned near 15-month lows and gold close to record highs.
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Fed eyes dollar drop, but hews to low-rate pledge

Federal Reserve Chairman Ben Bernanke, in a rare comment on the U.S. dollar's value, on Monday acknowledged the currency's slump was causing some prices to rise, but said other factors restraining inflation were winning the day.
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Palin says presidency not on my radar screen

Sarah Palin said a run for the White House in 2012 is not on my radar screen right now as the Republican carefully did not close the door to a possible candidacy in an interview that launched her big book tour.
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EU carbon rises, ignores climate pact delay

European carbon emissions futures rose slightly on Monday, unaffected by confirmation from world leaders that a legally binding climate pact will be delayed until 2010 or later.

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