INVESTMENT

Asian Stocks Rise on Hopes for Europe, U.S.

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Asian shares rose Thursday as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.
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A worker at the Botswana Diamond Valuing Company displays a rough diamond

DR Congo diamond firms need $300 mln: official

Democratic Republic of Congo needs to invest some $300 million in its industrial diamond mining operations to revive a flagging sector and boost government revenue, a top mining official said.
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Gold Prices Rise, Retesting Intra-Day Highs

Gold rose on Wednesday after dipping below $1,600 an ounce as stock markets appeared to have found their footing, but traders said the metal's correlation with volatile equities could trigger more selling.
Stock Market Trader

Market Struggles for Grip as European Fears Persist

Stocks were little changed on Wednesday as European finance ministers appeared ready to prop up struggling banks while reports on the U.S. labor market and services sector came in stronger than expected.
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NASA to Recruit New Astronauts

NASA has made the announcement that it will start accepting applications for its next class of astronaut candidates in November.
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Stateless income: David Cay Johnston

From the way Washington politicians in both parties tell it, you may well think that multinational companies favor low-tax jurisdictions when investing overseas. They don't.

Dalai Lama cancels highly charged S.Africa trip

The Dalai Lama, the Tibetan spiritual leader, cancelled a trip to South Africa planned for this week that had put Pretoria in a bind between its biggest trading partner China and one of its modern heroes, Nobel Peace Prize laureate Desmond Tutu.
Gold bars in Vienna

Gold Prices Fall as Investors Brace for Results of Greek Default

Gold prices fell Tuesday, weighed down by panicking investors preparing for the fallout of a Greek sovereign debt default -- damage to European banks and falling business activity on the continent and perhaps the U.S. -- by dumping stocks and abandoning the euro and buying dollars.
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World Stocks Tumble on Greek, Banking Fears

World stocks hit a fresh 15-month low on Tuesday while the dollar neared a nine-month peak on growing doubts over Greece's ability to avert a default that would spark a major banking crisis in Europe and accelerate a global economic slowdown.

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