Gold fell in Europe on Friday after China's central bank raised lenders' reserve requirements by 50 basis points, with softer haven demand for the metal after solid bond sales by Portugal and Spain also weighing on prices.
U.S. stock index futures pointed to a lower open on Friday after weak retail sales and a mixed reaction to JPMorgan Chase & Co's quarterly earnings.
U.S. stock index futures fell on Friday despite strong quarterly results from JPMorgan Chase & Co as the Dow Industrials and S&P 500 looked to close out a seventh week of gains.
U.S. stock index futures were lower on Friday despite strong quarterly results from JPMorgan Chase as the Dow Industrials and S&P 500 looked to close out a seventh week of gains.
Shares in semiconductor companies jumped on Friday in Europe and Japan after strong earnings report from sector bellwether Intel, the world's largest chipmaker, defied a slowdown in PC sales.
US futures are set to open lower on Friday after a disappointing jobless claims data, which could weigh on sentiment.
World’s largest coffee chain Starbucks Corp on Thursday signed a pact with Tata Coffee Ltd, part of India’s Tata group conglomerate, and Asia’s largest publicly traded coffee grower, to source beans and explore opening retail stores in India.
China's central bank raised lenders' required reserves on Friday for the fourth time in just over two months to make good on its vow that inflation fighting will be a top priority for the year.
China's first capsule hotel is set to open in Shanghai, targeting budget-conscious travelers in the country's glitzy commercial capital -- with rooms divided into different zones depending on snoring.
China's bank regulator has ordered banks to tighten supervision in underwriting bonds issued by various companies, several sources who have knowledge of the latest regulatory move said on Friday.
Internet search giant Google Inc. has joined India's celebration of Pongal or Makar Sankranti festival with new Doodle, which has painted kites and flying balloons on its homepage. Makar Sankranti is a major harvest festival celebrated in various parts of India.
The euro was flat against the dollar on Friday, shedding early gains posted on ECB concerns about inflation as China again raised banks' reserve requirements to cool growth rates.
China said that six-party talks were more suitable than the U.N. Security Council for solving the nuclear standoff on the Korean peninsula, a senior Chinese diplomat said on Friday, days before a summit with President Barack Obama.
A U.S. military presence in the Pacific is essential to restrain Chinese assertiveness, Washington's defence chief said on Friday, describing China's technology advances as a challenge to U.S. forces in the region.
China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.
Chinese exporters are coping well with a rising yuan, and Beijing will stick to plans for gradual reform in the currency, a senior central bank official said on Friday.
U.S. Defence Secretary Robert Gates on Friday held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets its obligations, but said there was no sign of it changing its ways.
China must step up efforts to boost imports and push developed nations to allow more high-tech goods to be exported to the country, an assistant commerce minister said on Friday.
U.S. Defense Secretary Robert Gates' call for China's military to communicate better with its civilian leaders underscores the policy disconnect in Beijing and raises questions over who really wields control in China.
The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.
A U.S. military presence in the Pacific is essential to restrain Chinese assertiveness, Washington's defense chief said on Friday, describing China's technology advances as a challenge to U.S. forces in the region.
China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.
