Gold was on course for a fifth straight session of gains on Thursday as growing anxiety on Iran boosted its safe-haven appeal and rising seasonal demand in China buoyed sentiment.
As India gold prices dipped backed by a strengthening rupee, jewellers restocked for the upcoming wedding season in the world's biggest consumer of the precious metal, dealers said.
The worst, most vulgar aspects of American pop culture are spilling across the globe – even in distant, alien lands like China and India.
Tourism in North Korea is restricted and controlled by the government. Tourists often visit the country in guided tours with strict supervision from Korean authorities.
The price of oil has been rising due to mounting tensions between Iran and the United States and other western countries. On Wednesday the pressure on Iran continued to ratchet up, as European Union governments agreed on to ban imports of Iranian oil.
Gold prices rose Thursday as Chinese purchases of physical gold and concerns Iran might spark a regional conflict by attempting to block the Strait of Hormuz offset concerns over a Eurozone recession.
South Korea is well known to have a nearly completely plugged-in society, but are they the most connected country in the world? As a percentage of the population, they are actually 15th. Every year, a Web site called Internet World Stats compiles the numbers of users across the globe and breaks them out into region, country and other demographics.
Byron Wien, vice chairman at Blackstone Advisory Partners issued his list of surprises for 2012 on Wednesday. The tradition of giving his views on a series of economic, financial market and political surprises for the coming year started in 1986.
Mainland China and 21 other countries will finally launch sales for Apple's most advanced smartphone, the iPhone 4S, on Friday, Jan. 13. The phone will be available in black and white and will sell at the same prices as in the U.S.
The former Utah governor Jon Huntsman has put all of his campaign eggs in New Hampshire, hoping for a positive outcome in the state's primary next Tuesday. Despite languishing in the polls, Huntsman has made over 150 appearances in the Granite State, which he hopes will pay off and catapult him into the new Republican of Choice -- with Rick Santorum's success serving as the model.
The EU governments in the 27-nation bloc agreed on the Iranian oil embargo, but now need to plan a timetable for implementing the move. France has suggested a date for beginning the embargo is set at a scheduled Jan. 30 meeting of the EU foreign ministers.
European governments have agreed in principle to ban imports of Iranian oil, EU diplomats said Wednesday, dealing a new blow to the Islamic Republic.
Apple fans in China mainland and other 21 countries are going to be crazy after hearing this - iPhone 4S, Apple's hottest handset so far, will reach their shores on Friday, Jan. 13, ending various speculations about local launch dates, that lasted for several months.
Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.
Chinese Billionaire, Long Liyuan, 49, died unexpectedly on Dec. 23 in Guangdong province in China after a business lunch where he ate a dish of slow boiled cat meat stew, a southern Chinese delicacy. Police believe the dish was poisoned by his business partner.
On Tuesday, Delta became the first airline to add a surcharge on flights to and from Europe after the EU's Emissions Trading Scheme went into affect.
Police in Guangdon, China believe billionaire tycoon Long Liyuan was murdered by a local official who served him poisoned cat-meat stew in late December.
Gold was set for its strongest two-day rally in 2-1/2 months on Wednesday after an agreement in principle among European leaders to ban Iranian oil imports boosted the crude price and catapulted bullion to two-week highs.
U.S. Treasury Secretary Timothy Geithner will travel to China and Japan next week to discuss U.S. sanctions on Iran and the state of the global economy with top government officials, the Treasury Department said on Wednesday.
Now that Scott Thomson, 53, has been elected as Yahoo’s new CEO as well as a director, here are a couple of items the technology savvy accountant needs to take care of fast:
UniCredit SpA launched a 7.5 billion euro ($9.8 billion) rights issue at a massive discount on Wednesday, highlighting the struggle faced by European lenders under pressure to raise capital to counter a spreading debt crisis.
Automakers ended the year with strong U.S. sales but forecast lower growth in 2012, as a sluggish economic recovery is expected to continue.
