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New York Fashion Week 2012: PARKCHOONMOO Captures the Essence of Zen, Beauty of Nature

On the second day of Mercedes-Benz Fashion Week in New York, PARKCHOONMOO unveiled her Fall 2012 collection which she derived from the aesthetic of Korean art. Drawing inspiration from Korean Zen Art, namely Yeo Baek or The Void, Park captured Zen, roughly defined as a “meditative state” of being, in its entirety on Friday. Park extracted the material and spiritual through residual energy with pieces mainly in Alpaca fur, lightweight organic cotton, flowy silk and wintry wool.

Claude Resources 4Q Output down 15%

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Precious metals miner Claude Resources Inc said it produced about 15 percent lesser gold in the fourth quarter, hurt by lesser production from its Santoy 8 mine in Saskatchewan.
Gold bars

OceanaGold Signs Off-take Deal for Didipio Output

Australian miner OceanaGold expects to sign an off-take agreement in six months with a trading firm for gold and copper from its flagship $350-million Didipio mine in northern Philippines, set to begin production at the end of 2012, a top company official said on Friday.
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Doubts on Greece Deal Weigh on Asian Stocks, Euro

The euro and Asian shares pulled back Friday as investors remained concerned about prospects of restructuring Greece's debt and global lenders demanded more steps even after it struck a long-awaited deal on fiscal reforms.
A demonstrator's sign is seen outside the JPMorgan Chase annual shareholders meeting in New York's financial district

Negotiations in Europe, U.S. Lift Markets

Negotiations on both sides of the Atlantic Ocean, between Greece and its lenders and between big U.S. banks and the federal government, boosted the willingness of investors Thursday to move into risk assets, many of which posted gains.
AngloGold Ashanti gold mine in Ghana

Miners in Africa Facing Soaring Costs

Labour demands in the south, power problems in the east and new tax burdens in the west: wherever you look in Africa, miners face a perfect storm of soaring costs.
Ahmadinejad in Tehran

Iran Using Gold, Oil to Pay for Grain

Iran is seeking to close grain purchases using gold and oil as payment, and has paid in yen for a large volume of wheat in its first deal since western sanctions against Tehran started choking imports of food staples, European wheat exporters said.
Gold

Gold Prices up 1% on Greek Debt Deal

Gold prices rose 1 percent on Thursday as the euro rallied to a fresh two-month high against the dollar after Greece clinched a deal with European Union and IMF leaders needed to avoid a messy default.
World's Largest Textile Created from Golden Spider Silk Dazzles On-lookers

Gold Prices up as Greek PM Heads to Brussels

Gold edged up along with crude oil and the euro on expectations the Greek prime minister's presence in Brussels Thursday signals a likelihood his nation will receive desperately needed bailout money.
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Global Securities Tread Water as Greece Negotiates

Global securities, whether stocks, commodities or currencies, held earlier gains or losses Wednesday as the world awaited the outcome of talks between debt-choked, strife-torn Greece and benefactors demanding more tax hikes and government budget cuts in exchange for bailout money.
Paul McCartney will broadcast a concert of his newest album, "Kisses on the Bottom," on Apple's iTunes music platform. The live stream will begin at 7 p.m. PST on Thursday, Feb. 9.

Apple to Stream Free Paul McCartney Concert on iTunes, Apple TV on Feb. 9

Ex-Beatles frontman Paul McCartney will broadcast his live concert on Thursday, Feb. 9, on iTunes. McCartney will be performing at Capitol Studios in Los Angeles, where most of his latest album was recorded. Fans can watch the concert starting at 7 p.m. PST directly on Apple's music platform.
Platinum bars

Ivanplats to Produce Platinum at Negative Cost - Report

Ivanplats, controlled by Ivanhoe Mines founder Robert Friedland, expects to produce platinum at negative cost at its giant Platreef complex in South Africa, potentially shaking up an industry squeezed by stoppages, rising wages and power charges.
Gold bars in Hong Kong

Gold Prices Await Outcome of Greece-Troika Dance

Gold prices hovered in a narrow range Wednesday, with little support from crude oil prices or the euro and uncertainty about whether Greece will accept slightly easier bailout terms from Eurozone leaders, known collectively as the troika.
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European Stocks Gain on Greek Deal Optimism

European stocks opened on a positive note Wednesday, following gains on Wall Street overnight and in Asia on reports that Greece was close to reaching an agreement needed to qualify for a second bailout.
Professional skateboarder Jordan Hoffart

Skateboarder Hoffart living the dream in California

Ever since Jordan Hoffart decided to turn his back on the seemingly incessant rain of his native Vancouver, he has been living his dream as a professional skateboarder in the perpetual sunshine of southern California.
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U.S. Stocks Extend Rally on Earnings Surprises; Euro Rises

U.S. stocks rose modestly Tuesday as strong earnings from Coca-Cola Co. and Yum! Brands Inc. offset concerns that Greece would default next month on a $19 billion euro bond redemption. European and Asian stocks were mixed, reflecting similar concerns.

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