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HSBC's Top Anti-Fraud Official Resigning

The head of HSBC Holdings Plc's anti-money laundering programs used his opportunity to testify at a Senate hearing called to investigate risky practices at his employer, the Wall Street Journal reported Tuesday.
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All the 'Easy' Gold Has Been Found: Mining Analyst

The world's major miners are not discovering enough new gold deposits to make up for all the extraction they have engaged in over the past decade and a half, a fact that suggests the scarcity of the precious yellow metal could grow in coming decades.
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US Builder Confidence Rises To 5-Year High In July

U.S. builder confidence rose in the new single-family home market as in July by the greatest level in nearly a decade, led by improving market conditions and buyer traffic, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
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Goldman Sachs 2Q Earnings Falls 11%

Goldman Sachs (NYSE: GS) booked a 11 percent drop in its second-quarter earnings as revenue from investment banking and lending businesses declined, the New York investment bank said Tuesday.
Kyrgyz H1 GDP Nosedives On Kumtor Gold Mine Troubles

US Industrial Production Up 0.4% In June

Industrial Production in the U.S. increased a seasonally adjusted 0.4 percent in June after a 0.2 percent dip in May, the Federal Reserve said Tuesday, led by gains among automobile and machinery makers that suggests some resilience in the manufacturing sector.
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Fed Ready To Do More To Increase Job Growth: Bernanke

The head of the world's most powerful central bank said it stands ready to offer additional monetary support to a U.S. economy that has slowed significantly in recent months, U.S. Federal Reserve Chairman Ben Bernanke told lawmakers on Tuesday.
 Google Inc vice president Marissa Mayer unveils Google Instant in San Francisco

Memo To Mayer: 3 Points For A Better Yahoo

Now that you are starting as the third CEO of Yahoo (Nasdaq: YHOO) in a year, have a seat on the board of directors and are about to run your first company, here are a few things to keep in mind.
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India's Tata Motors Aims For Brazil Expansion For Jaguar Land Rover

Tata Motors Ltd. (Bombay: 500570) is looking to its UK luxury car unit, Jaguar Land Rover, to drive global sales growth particularly in emerging markets like Brazil by shifting production of the Freelander out of the UK to free up assembly line space for the popular premium model, the Range Rover Evoque.
Xarelto, which Johnson & Johnson developed in partnership with German drugmaker Bayer AG, is already approved to reduce risk of blood clots in the legs and lungs of people who have had knee or hip replacement surgery. It is also approved to prevent stroke

Johnson & Johnson 2Q Net Income Slips By Half, Cuts 2012 Guidance

Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, said Tuesday that its second-quarter net income fell by half due to lower sales, litigation charges and unfavorable currency conditions. Johnson & Johnson also lowered its 2012 profit forecast.
The Chicago PMI continues to signal economic recovery for the region, although some business have become worried about rising energy costs

US Consumer Price Index Flat In June As Gas Prices Fall

Consumer prices in the U.S. were flat in June as the higher cost of food offset another drop in energy, according to government statistics released Tuesday, further confirming the Federal Reserve's view that the jump in fuel costs was only temporary.
Gold Prices Ease On Caution Ahead Of Fed Statement

Gold Price Forecasts Are Getting Trimmed

Gold experts have further cut back price forecasts for the metal this year after a sluggish first half, a quarterly Reuters poll showed on Monday, while gains in the dollar and a dearth of physical demand are likely to clip any attempted return to last September's record high for the rest of the year.

Hochschild Mining's Silver Output Falls In 2Q

Precious metals company Hochschild Mining Plc reported a drop in its attributable production of silver equivalent for the second quarter, and said there was an inventory pile-up at its San Jose mine in Argentina due to regulatory changes.
Analysts expect gold prices to continue to rise in 2012 on the back of loose monetary policy from the Federal Reserve and European Central Bank

Gold Prices Climb Towards $1,600 As Euro Firms

Gold prices rose towards $1,600 an ounce on Tuesday in line with the firmer euro as investors awaited a statement from Federal Reserve chair Ben Bernanke later, after soft U.S. data fuelled talk he may hint at fresh measures to stimulate the economy.
Copper dips on strong dollar, economic fears

Copper Is 'Slightly Overvalued': Barclays

Copper prices have outperformed the overall metals market as traders have closed short selling in expectation of government intervention to boost growth, but the metal may still be slightly overvalued, according to a Monday report by Barclays.

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