Another powerful financier was arrested for molesting a Manhattan maid, underscoring the accusations that have enveloped former International Monetary Fund chief Dominique Strauss-Kahn.
Gold continued to trade in a tight range Tuesday morning around $1538 per ounce - just over 2% off its all-time high - after a flat day on Monday as the UK and US had official holidays.
Gold futures advanced on Friday as deepening concern over Greece debt default spurred demand for the metal as a safe haven investment.
The G8 summit of industrialized nation’s leaders this week could transform the Middle East economies with financial efforts to win back investors' confidence.
China's Foreign Ministry on Thursday said that any decision on who should head the International Monetary Fund should be made through democratic consultation.
India is talking with other emerging nations to build support for a common candidate for a developing economy to be the next head of the International Monetary Fund, with Mexico's Central bank chief being a possibility, said two government sources, reported Reuters.
Christine Lagarde is an unconventional but highly successful French politician.
Gold rose to a record high for the third consecutive session on Wednesday as deepening concern over Europe's sovereign debt crisis spurred demand for the metal as a safe haven investment.
French Finance Minister Christine Lagarde announced on Wednesday that she will be seeking to lead the International Monetary Fund.
Greek Prime Minister George Papandreou efforts to impose more austerity measures on his already-beleaguered nation struck a roadblock when key government figures said they would not back any further spending cuts or tax hikes.
Palestinian Authority Prime Minister Salam Fayyad suffered a heart attack and underwent an operation in Texas on Monday.
A poll conducted after former IMF chief Strauss-Kahn was arrested in New York on attempted rape charges which he denies, shows Nicolas Sarkozy losing by a sizeable margin to either of the likely left-wing challengers -- Francois Hollande or Martine Aubry, reported Reuters.
According to reports in the French website Atlantico.fr, DNA samples taken in the sexual assault charge confirmed traces of his sperm on a dress worn by the hotel chambermaid who was allegedly raped by the former boss of the International Monetary Fund (IMF)
Under enormous pressure from the European Union (EU) and International Monetary Fund (IMF), the Greek government has commenced a program to sell of certain domestic assets in order to reduce the country’s burdensome debt.
The principal attorney for Dominique Strauss-Kahn is confident that his client will be acquitted of sexual assault charges he faces
The Gold Price in Euros shot to a new all-time high of €34,746 per kilogram (€1080 per ounce) - 1% above Friday's close. The Euro price to Buy Gold has risen 16% since this time last year.
French Finance Minister Christine Lagarde's standing for the top IMF official gained impetus in Europe on Sunday with Mexico forwarding its own candidate for the post, giving competition for the top job.
Britain's finance minister endorsed his French counterpart Christine Lagarde on Sunday to succeed Dominique Strauss-Kahn as head of the International Monetary Fund, as the process for selecting a new head begins.
Christine Lagarde, the French Finance Minister and a former synchronized swimming champion, was endorsed as the new head of the International Monetary Fund.
The finance ministers of France and Singapore are among the names being floated to succeed Dominique Strauss-Kahn as early as June 30 as the head of the International Monetary Fund, a bank of last resort for the world's nations.
Dominique Strauss-Kahn, the disgraced former chief of the International Monetary Fund (IMF) may have left his prison cell after posting $1-million bail, but he might not have a place to live in the outside world.
Dominique Strauss-Kahn will receive an annual pension in excess of $318,000 from the International Monetary Fund (IMF) after having resigned as its chief as he prepares for a rape trial in New York, according to a report from ABC News.