Wild price swings caused by a volatile rupee sapped Indian buying interest in gold in the fourth quarter of 2011, with imports well short of expectations and no pick up expected this year, dropping it behind China for the first time.
Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week to a near four-year low, suggesting the labor market recovery was gaining steam.
At a time when the U.S. is gearing up for the President's Day celebration Monday, a newly released survey report has revealed what the country's people think about some of the past presidents.
Xi Jinping's visit to the United States is all the rage as Washington scurries to get a better impression of the presumed successor of President Hu Jintao. However, it would be premature to judge Xi's comfortable and amicable style as a sign of any weakness.
General Motors Co (GM.N) posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.
A payroll tax cut for 160 million Americans, set to expire at the end of this month, would be extended through December under a bipartisan deal announced early on Thursday by U.S. congressional leaders.
Republican presidential hopeful Rick Santorum has released his four years of tax returns Wednesday. His rate of tax returns for the years 2007-10, which is between 25.4 percent and 28.5 percent, is quite normal. It is much higher than Mitt Romney's 15 percent of tax rate but lesser than Newt Gingrich's projected 33 percent.
Canada's Kinross Gold reported an operating profit that fell short of expectations on Wednesday, as weaker than expected sales and higher than expected costs weighed in the quarter and offset gains from a surge in the price of bullion.
Before leaving Thursday, Vice Foreign Minister Zhai Jun said China does not approve of armed intervention to force regime change in Syria, adding that the trip was intended to end the bloodshed which has ravaged the country for almost a year.
Claims for jobless benefits fell for a third straight week to the lowest level since March 2008, when the U.S. was in the early stages of a recession. This could signal the labor market is gaining momentum.
The upside potential for Facebook (and social media networks) in India is enormous.
General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.
General Motors Co. posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.
Stock index futures fell on Thursday after a Moody's warning of a possible downgrade of global banks and a further holdup in a bailout for debt-laden Greece.
Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system.
General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.
General Motors Co posted a weaker-than-expected fourth-quarter profit as disappointing performance overseas offset strong results in North America.
In 1972, the Chinese economy was a shadow of the modern powerhouse it would blossom into.
The legal dispute between Apple and Proview is becoming increasingly fierce and the whole world, including Apple fans, Apple's rivals, industry analysts, tech and law experts, are wondering who will have the last laugh.
Israeli Defence Minister Ehud Barak said on Thursday Iran's announcement of new nuclear achievements was exaggerated and meant to fend off action against the Islamic republic.
Stock index futures fell on Thursday as a Moody's warning of a possible downgrade of global banks and a further holdup in a bailout for debt-laden Greece kept investors nervous.
