Europe needs to get its act together and deal with its worsening sovereign debt crisis, the International Monetary Fund said on Tuesday, warning of the risk of severe repercussions for global growth.
Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.
The U.S.-based Standard and Poor credit ratings agency upgraded Turkey's local-currency sovereign credit rating to investment grade for the first time in history, highlighting the country’s relatively strong financial condition compared to its neighbors in Europe.
Zambians voted on Tuesday in a closely contested election between President Rupiah Banda and opposition leader Michael Sata, who has been a critic of foreign investment in Africa's biggest copper producer, most notably from China.
The African Union (AU) recognised the National Transitional Council (NTC) as Libya's de facto government on Tuesday, removing another piece of diplomatic support for ousted leader Muammar Gaddafi.
Almost everyday we come across some rumors about Apple’s new i-devices. However, on Monday a big bang came out. It said that Apple will surprisingly release two separate devices: one is the widely expected iPhone 5 and the other is an improved version of iPhone 4, called ‘iPhone 4-plus’.
As long ago as 2005, North Korea agreed to abandon its nuclear program in exchange for certain economic and political incentives
An outbreak of avian influenza (bird flu) has been confirmed in West Bengal, India as Prime Minister Manmohan Singh races to coordinate preventative measures.
Which comes first, the iPhone 5 (chicken) or the iPhone 4-plus (egg), or will we get the chicken and the egg from Apple at the same time come October?
A new outbreak of the H5 strain of avian influenza (bird flu) has surfaced in West Bengal, India.
Six thousand troops have been deployed to the India-Nepal border, where a 6.9 magnitude earthquake hit Sunday night. The current death toll has risen to 90 people, about 50 from the Indian state of Sikkim, along with others in Nepal and Tibet.
In China, he has surprised and charmed the nation by his humility and ordinariness.
German engineering group Siemens withdrew funds from Societe Generale in July because of underperformance, not fears over the French bank's financial health, a Paris-based source said on Tuesday.
Gold was set for its biggest daily gain in over a week on Tuesday, after a downgrade to Italy's credit rating added to the strain on European leaders to solve the region's debt crisis.
Stocks were set for a higher open on Tuesday as investors waited to see if the Federal Reserve's policy-setting panel offers aid to a sputtering U.S. economy.
Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, the International Monetary Fund said on Tuesday.
Twenty-two Americans ranging from a radio journalist to a sports trainer received no-strings-attached genius grants worth $500,000 each, a charitable foundation announced on Tuesday.
The defense ministry was reportedly angered by the company’s security breach and pushed for an immediate probe into its cause.
Stock index futures rose on Tuesday a day after a week-long rally was halted as investors waited to see if the Federal Reserve's policy-setting panel offers aid to a sputtering U.S. economy.
Standard & Poor's cut Italy's credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone and raised pressure on policymakers to take more decisive action to resolve the crisis.
Gold rose on Tuesday, after Standard and Poor's downgraded Italy's credit rating, adding to the strain on the debt-distressed euro zone, while uncertainty over the outcome of a key U.S. Federal Reserve meeting also helped buoy the market.
Gold held steady on Tuesday, after Standard and Poor's downgrade of Italy's credit rating, while a stronger dollar weighed on sentiment ahead of a key U.S. Federal Reserve policy meeting.
