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6 Reasons Gold Prices Will Climb to $2,075 Next Year

Gold prices will climb to $2,075 next year on six key variables that, UBS said Friday in a report on the precious metal.

Higher costs, stronger dollar dent Mattel's margins

Mattel Inc , the world's largest toy company, reported a bigger-than-expected fall in gross margins, hurt by a stronger dollar and higher costs, taking the gloss off a record jump in sales of its iconic Barbie dolls heading into the critical holiday season.

S.Africa stocks up, Telkom boosted by deal talk

South African stocks rose more than 1 percent on Friday, capping their best weekly performance in six weeks, as shares of Kumba Iron Ore and other resource firms gained after data from China boosted hopes of greater demand from the country.

Durban target is to get Kyoto deal within 5 years

A successful outcome for the next global climate change conference in Durban would be to get everything in place for a legally binding successor to the Kyoto Protocol in less than five years, the European Union's chief climate negotiator said.

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Higher costs dent Mattel's margins, shares down

Mattel Inc , the world's largest toy company, reported a bigger-than-expected fall in gross margins, as it spent more on making, packaging and transporting its toys, sending its shares down 4 percent.

Grand Theft Auto III to Celebrate 10th Anniversary: Coming Soon to iOS and Android

Rockstar Games releases its landmark game on mobile devices to celebrate 10-year Anniversary

Obama, Lee Hail Trade Deal, Pressure North Korea

President Barack Obama and South Korean President Lee Myung-bak on Thursday hailed a long-sought trade deal as an engine for job creation in both countries and presented a united front in the North Korean nuclear standoff.

China inflation dips, yet policy on pause

China's consumer inflation dipped to 6.1 percent in September, retreating further from three-year highs, although stubborn food price pressures will deter the central bank from loosening its policy reins anytime soon.

Gold Prices Take One Step Forward, but a Sentiment Change May Mean Two Steps Back

Gold prices ticked up Friday as market sentiment swung back towards risk and away from safety, but there was little evidence the yellow metal was ready to break out of recent trading limits.

Traders work on the floor of the New York Stock Exchange

Futures Higher on Google, Eurozone Hopes

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc. and hopes the Eurozone will continue progress toward a solution to its debt crisis.

Futures higher on Google, euro zone hopes

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc and hopes the euro zone will continue progress toward a solution to its debt crisis.

EuroZone Crisis Dominates G20 Paris Meeting

The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

Gold Edges Higher in Asian Trading

Gold was slightly higher on Friday and headed for its biggest weekly gain in more than a month, shrugging off the credit rating downgrade of Spain ahead of a G20 meeting whose agenda will be dominated by the euro zone debt crisis.

European markets recover after Spain downgrade

European shares and the euro held roughly steady on Friday as hopes of progress toward a solution to the euro zone's debt crisis was tempered by a knee-jerk reaction to a credit rating downgrade for Spain.

China group buying website closures accelerate: report

The number of closures among group buying websites in China hit a high in September as poor service complaints from users reduced consumer enthusiasm for the bargain shopping platforms.

Euro zone crisis set to dominate G20 Paris meeting

G20 finance chiefs and central bank heads from the world's biggest economies meet in Paris on Friday needing to find a solution to a deepening euro zone debt crisis that has fanned fears of a global recession.

BRIC countries in talks to boost IMF: report

Brazil, Russia, India and China are working on ways to contribute money rapidly to expand the effective funds of the International Monetary Fund, the Financial Times reported on Friday, citing people familiar with talks among the countries.

Michelle Obama’s One-Shoulder Doo-Ri Chung Gown Dazzles Onlookers at Korean State Dinner

Michelle Obama’s Doo-Ri Chung Gown Dazzles at State Dinner [PHOTOS]

To join the Korean state dinner in Washington D.C., the First Lady, Michelle Obama arrived looking stunning in a one-shoulder purple gown designed by the Korean-American designer, Doo-Ri Chung.

Euro zone crisis set to dominate G20 meeting in Paris

G20 finance chiefs and central bank heads meet in Paris on Friday urgently needing to find a convincing solution to a deepening euro zone debt crisis that has fanned fears of a global slide into recession.

Asian Shares Edge Lower on Caution over Global Growth

Asian shares inched down on Friday, tracking New York and European shares lower as weak Chinese trade data raised concerns about the global economy, while the euro eased after another sovereign debt ratings downgrade.

Asia shares edge lower on caution over global growth

Billionaire financier George Soros speaks at a Reuters Newsmaker event in New York

George Soros: I'm not Funding Occupy Wall Street

George Soros says he isn't a financial backer of the Wall Street protests, despite speculation by critics including radio host Rush Limbaugh that the billionaire investor has helped fuel the anti-capitalist movement.

Uniqlo starts U.S. expansion, eyes 200 stores

Fast Retailing Co Ltd's <9983.T> Uniqlo is launching its U.S. expansion this week with the opening of a flagship store in Manhattan that will anchor a global push to rely less on its home market of Japan.

China regulator looks to tighten grip on microblogs

A Chinese Internet regulator on Thursday called for stricter policing of the nation's microblogs while also encouraging officials to use them to engage with citizens, state news agency Xinhua reported.