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US Treasury Secretary Tim Geithner

Retrospective Tax Law: US Seeks Reassurance From India

US Treasury Secretary Timothy Geithner pressed India’s Finance Minister Pranab Mukherjee on Thursday for reassurance that New Delhi welcomes foreign capital and remains committed to boosting bilateral trade and investment, following concerns connected to India's newly proposed retrospective tax measures.
El Morro project

Gold Prices Fall For A Fifth Day

Gold eased on Thursday as European debt jitters and worries over the U.S. job market extended the metal's losses for a fifth consecutive day.

Silver Enjoys Record 2011, Optimism For 2012

Silver enjoyed a record 2011, as investors turned to physical bars and coins of the precious metal to piggyback a strong year for gold, according to The Silver Institute's World Silver Survey 2012 released on Thursday.
Alicia Barcena, executive secretary of the U.N. Economic Commission for Latin America and the Caribbean.

Mexico GDP May Grow Faster Than Expected, U.N. Official Predicts

The head of the United Nations Economic Commission for Latin America and the Caribbean Alicia Barcena suggested Wednesday that Mexico’s 2012 GDP growth could be higher than expected due to the pace of recovery in the United States and Mexico’s open economic policies relative to other countries in the region.
HSBC bank branch logo is seen in central London

HSBC Plans To Sell Yuan Bonds Listed In London

HSBC Holdings PLC is planning to sell yuan-denominated bonds listed on the London Stock Exchange, a move that will make the City the first place outside mainland China or Hong Kong to do business in the currency.
IBTimes Logo

Asian Shares Rebound As Spanish Debt Worry Eases

Stabilizing risk appetite lifted Asian shares and riskier currencies Wednesday, after firm demand at Spanish debt sales, positive corporate earnings, and improved sentiment in Germany boosted investor confidence.

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