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Ron Paul's has emerged as the new GOP frontrunner in Iowa with a not-Mitt tag. But political pundits and voters should pay greater heed to his sudden rise. The anyone but Romney title downplays Paul's emergence, writing him off as just the latest in a string of candidates-du-jour. But Ron Paul is more than a fling.

Olympus Corp is preparing to issue about $1.28 billion (100 billion yen) in new shares, with Japanese high-tech stalwarts Sony and Fujifilm seen as possible buyers, as it tries to bolster its depleted finances, the Nikkei business daily reported Tuesday.

The top aftermarket NYSE gainers on Monday were: Emulex Corp, Sprint Nextel Corp, Skilled Healthcare Group, Radioshack, Cemex SAB, InvenSense, Quicksilver Resources, CBRE Group, Ultra Petroleum and Crexus Investment Corp.

Steven Rattner, the former head of the United States auto task force, attempted to clarify remarks about the salary of United Auto Workers members that he made last Thursday in speaking before the Detroit Economic Club.

The Dallas-based company announced Monday that after a thorough review of its options it was backing out of the $39 billion deal, thus avoiding a costly and potentially lengthy legal battle.

This is the fifth in TheWrap's series of Studio Report Cards.

In a spacious, luxury apartment perched on the leafy hills of Hong Kong, Kai-Yin Lo browses through a trove of Chinese art acquired over several decades, reflecting how her niche, scholarly pursuit has now hit the mainstream.

Canadian fertilizer giant Potash Corp. of Saskatchewan is seeking approval from the Israeli government to increase its stake in rival Israel Chemicals Ltd. to 25 percent, according to media reports.

European leaders have not done enough to deal with the region's debt crisis and should probably use the International Monetary Fund to more closely monitor countries with the biggest problems, Canadian Finance Minister Jim Flaherty said on Sunday.

In a bombshell research note that is making the rounds of Wall Street this morning, Glenn Schorr, the financial services sector analyst for Nomura, cut his estimate for Goldman's fourth-quarter earnings to $1 per share, half of his previous $2 prediction. That's less than half of what the consensus expectations are. Other bank estimates were also taken down.

European Goldfields, which has agreed a C$2.5 billion ($2.4 billion) takeover by Canadian group Eldorado Gold, is hoping to keep an investment deal with Qatar's sovereign wealth fund as a fall back option.

Peruvian President Ollanta Humala's approval rating fell for the third straight month in December to 47 percent after fierce protests against a mining project sparked his government's first crisis, pollster Ipsos Apoyo said on Sunday.

Japan's Nikkei share average fell to a three-week low on Monday, hurt by news that North Korean leader Kim Jong-il had died and as worries over Europe's debt crisis increased after Fitch Ratings warned of possible downgrades for seven European nations.

Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders.

European Goldfields, which has agreed a C$2.5 billion ($2.4 billion) takeover by Canadian group Eldorado Gold, said on Monday an investment deal with Qatar's sovereign wealth fund remained in place.

Republican White House hopeful Mitt Romney receives millions of dollars a year in a retirement agreement with Bain Capital, nearly 13 years after he left the private equity firm he helped start, the New York Times reported Monday.

Asian equities and U.S. stock index futures fell, with South Korean shares tumbling as much as 5 percent, while the dollar gained on safe-haven appeal after news of the death of North Korea leader Kim Jong-il raised fears of regional instability.

Apple has been relying on its Asian manufacturers for production and assembly of its popular gadgets. But Apple’s A5 chip, which powers the new iPhone 4S and the iPad 2, is now being manufactured in the United States of America, specifically Texas, according to reports.

Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later next year at the earliest, according to a Reuters poll of 20 hedge-fund managers, economists, and traders.

The last convoy of U.S. soldiers pulled out of Iraq on Sunday, ending nearly nine years of war that cost almost 4,500 American and tens of thousands of Iraqi lives and left a country still grappling with political uncertainty.

Police, prosecutors, and the Japanese securities watchdog may launch a raid on the offices of the disgraced Olympus Corp. this week on suspicion the company falsified financial accounts, Kyodo News has reported, citing investigative sources.