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Gold inches up as econ outlook remains murky

Gold prices were slightly firmer on Thursday, and could stay on the rise as global economic prospects remain shaky with investors watching for more jobs data out of the United States.

Japan Ozawa says need to stop rapid yen rises

Japanese ruling party powerbroker Ichiro Ozawa, challenging Prime Minister Naoto Kan in a party leadership vote, said on Thursday that action was needed to stem rapid rises in the yen that are threatening the economy.

Dollar on defensive after data whets risk appetite

The dollar was on the defensive on Thursday, retaining most of the losses sustained the previous day when upbeat data helped lure investors away from safe-haven currencies and assets. Figures released on Wednesday showed the U.S. manufacturing sector grew faster than expected and China's factory output regained momentum in August, while Australia's economy expanded at its fastest pace in three years in the second quarter.

Gold slightly up as economic uncertainty prevails

Gold prices advanced marginally in Asian trade Thursday ahead of a key US jobs data. Gold for immediate delivery was seen trading at $1246.01 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery were little changed at $1,248.03 an ounce on the comex division of Nymex.

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Obama brings Mideast leaders together for peace push

President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away, bringing them together for ceremonial handshakes at the White House on the eve of relaunching direct talks.

Obama to Mideast leaders: seize moment for peace

President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away as he opened a U.S.-sponsored summit to relaunch direct talks shadowed by Middle East violence.

Obama to Mideast leaders - Seize moment for peace

U.S. President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away as he opened a Washington summit shadowed by Middle East violence.

Connecticut probes First Niagara-NewAlliance deal

Connecticut is probing First Niagara Financial Group Inc's proposed $1.5 billion takeover of NewAlliance Bancshares Inc and has asked the banks to justify the merger, throwing a potential roadblock to the largest U.S. bank deal in nearly two years.

Genzyme's hand strengthening vs Sanofi - analyst

U.S. biotech Genzyme Corp , which has rejected an $18.5 billion (11.9 billion pounds) offer from French drugmaker Sanofi-Aventis SA , appears to hold the upper hand in the takeover struggle, according to Geoffrey Porges, an analyst at Sanford Bernstein.

Obama says U.S. undeterred in bid for Mideast peace

U.S. President Barack Obama vowed on Wednesday that a deadly Hamas attack in the West Bank is not going to stop us in the quest for Middle East peace as he opened a Washington summit to relaunch face-to-face Israeli-Palestinian negotiations.

FTSE posts biggest daily gain in almost 2 months

M&A talk among the travel, telecoms and mining sectors helped Britain's top shares to their biggest daily gain in almost two months on Wednesday, as strong manufacturing data from the U.S. and China boosted sentiment.

Fix political impasse before you go, Iraqis tell U.S.

President Barack Obama is pushing Iraq's democracy out of the nest before it can fly and abandoning Iraqis while they are still at war, many Iraqis said on Wednesday after the end of U.S. combat operations.

Obama opens Mideast summit clouded by West Bank attack

U.S. President Barack Obama urged Israel and the Palestinians on Wednesday ...

Study Says Genes behind Migraine Attack

A team of international researchers have found that patients with a certain DNA variant affecting regulation of a particular brain chemical have a greater risk of developing migraines.

Re-release of Avatar a flop

The re-release of Avatar, the sci-fi epic by acclaimed Hollywood filmmaker James Cameron, is reported to be a flop at the US box office. Cameron's 3-D special edition of Avatar, which included an extra nine minutes of footage, failed to draw cinemagoers. The film pulled up merely $4 million.

U.S. weighing wireless Web traffic rules

U.S. communications regulators said on Wednesday they are considering whether wireless devices should be subject to different Internet traffic rules than telephone and cable lines, in a potential victory for carriers.

Fed's Fisher says ball is in fiscal court, not Fed's

The U.S. Federal Reserve is committed to keeping the price of money low until the economic recovery strengthens, but should not do more to boost growth without fiscal and regulatory policies that support businesses, a top Fed official said on Wednesday.

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