INVESTMENT

Why gold demand is surging in China?

Chinese gold demand is expected to exceed 700 metric tons in the next several years and sharply outpace domestic production. Annual gold production in China, world’s second largest consumer of precious metal, is expected to reach 400 tonnes by 2014 with demand at 700 tonnes, signaling room for a strong ramp up in imports.

Yemen economy faces crisis as unrest continues

Yemen's President Saleh waves to supporters gathered in a soccer stadium in Sanaa
The political crisis has pushed Yemen to the brink of civil war has also cost the economy $ 5 billion and the country requires immediate aid to prevent a meltdown, the country's trade minister said on Saturday.
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Post-Market NASDAQ Movers

Post-Market NASDAQ Movers (AATI, SEAC, RUE, MRVL, SABA, GMAN, BCSI, OVTI, THQI, CNTF)

The top after-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, SeaChange International, rue21, Marvell Technology Group, and Saba Software. The top after-market NASDAQ Stock Market losers are: Gordmans Stores, Blue Coat Systems, OmniVision Technologies, THQ, and China Techfaith Wireless Communication Technology.

General Motors to invest $331 million, create 110 jobs in Texas

General Motors will create 110 jobs and invest $331 million to purchase tooling and equipment and expand the Arlington Assembly Plant to make future Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades, the carmaker said on Thursday.
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Gold futures advance on Greece debt fears

Gold futures advanced on Friday as deepening concern over Greece debt default spurred demand for the metal as a safe haven investment.

Lawmakers Leery Of AT&T Acquisition Of T-Mobile

Members of the House Judiciary Committee said they were skeptical that AT&T's planned acquisition of T-Mobile would benefit consumers, and that they feared it would mean higher prices for wireless service.

A Bordeaux Futures Primer

Sommelier Arnie Millan put together a helpful guide for navigating futures season
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Gold prices likely to stay high in coming months

Gold prices may continue to stay at high levels in the coming months as investors seek the metal as a safe haven investment on concerns about faster inflation, slowing global economic recovery and geopolitical crisis, according to China National Gold Group Corporation (CNGGC).

What has kept NFC-based mobile payments in wraps until now?

Google's long awaited mobile wallet or Near Field Communication (NFC) enabled smartphones which will make processing payments with a mere wave of the phone near a point-of-sale a reality is due to be unveiled on Thursday.
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Euro-denominated gold jumps to record high

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.

Infosys increases its hold in China, opens Shanghai campus

Infosys Technologies, India’s second largest outsourcer, continued its expansion in China by setting up a new campus at the Zizhu Science and Technology Park in Shanghai and planned investment up to $150 million, reports said

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