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Michael Kors makes a glitzy market debut

Michael Kors
Michael Kors Holdings Ltd stood out in its market debut, keeping pace with star technology sector IPOs and showcasing the resilience of the luxury market even in a gloomy economy.
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Laborer at work

Growth Disappointments Drag India Funds Down

Worries that India's evolution into an economic superpower may be overhyped and signs the government may lack the will to further dismantle a protectionist legacy drove India-themed funds to the bottom of performance league tables in November.
Grasberg mine

Freeport Indonesia, Strikers in 2-Year Wage Pact

Freeport McMoRan Copper & Gold Inc. and its Indonesian union signed a pay deal on Wednesday to end a three-month strike that had paralysed output at the world's second-biggest copper mine, a union official and the company said.
Gold jewelry

World's Biggest Jewellry Maker to Import More Gold

India's Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market, its chairman said on Wednesday.
U.S. Federal Reserve

Fed Points to Risks from Europe

The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market.
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Fed sees risks from Europe

The Federal Reserve on Tuesday pointed to turmoil Europe as a big risk to the economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the labor market.
Nordstrom

Nordstrom: Retail Gem - Stock Review

It's an understatement to say that the Great Recession took its toll on department store chains, but there are survivors, and Nordstrom (JWN) is one.
220 kg block of gold

Gold ETF Holdings Massive But Stable

The amount of gold held in exchange-traded products is near record highs and although the gold price is suffering from investors' desire for the safety of cash, the risk of this $116 billion stash of bullion being jettisoned is distant.
Traders work on the floor of the New York Stock Exchange at the end of the trading day in New York

U.S. Futures Signal Slight Rebound

Futures pointed to a slight rebound on Wall Street on Tuesday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.41 percent and Nasdaq 100 futures up 0.34 percent at 5:28 a.m. ET.
Gold

Gold in Demand Due to Bullion Price Drop

A sharp drop in bullion prices prompted some buying interest on Asia's physical market, but many remained reluctant to purchase large quantities as the year end approaches and the eurozone debt crisis threatens to further sink prices.
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European Stocks, Euro Steady After Selloff

The sell-off in European stocks and the euro eased on Tuesday but concerns the region remains a long way from solving its sovereign debt crisis was seen likely to keep the pressure on.
Mac App Store

Apple Mac App Store Passes 100 Million Downloads

Apple's Mac App Store has exceeded 100 million downloads since early January, the company announced Monday. Apple (NASDAQ: AAPL) hasn't said how many apps are available in its Mac App Store, but the company has more than 500,000 total iOS app in its App Store.

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