Gold prices were slightly up but remained volatile in Asian trade Wednesday as some investors took to profit selling.
Gold for immediate delivery was seen trading at $1225. 81 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery were steady at $1,227.5 an ounce.
Drugmaker Eli Lilly & Co. has announced it will stop developing an experimental Alzheimer's medicine now on its late stage of clinical trials in the U.S.
Suze Orman speaks to IBTimes about the current economic situation for Americans and gives advice to people with underwater mortgages and seniors living on fixed income.
General Motors Co is considering selling a chunk of the carmaker's stock to institutions who would commit to buy and hold major stakes as the company prepares for its initial public offering, people familiar with the discussions said on Monday.
Fewer Americans fell behind on their credit card payments than expected in July, as consumers coped better with their debt, but the drop in delinquencies to their lowest levels so far this year doesn't suggest a recovery in spending, analysts said.
U.S. prosecutors on Monday recommended a six-month prison term for Robert Moffat, a former IBM executive who pleaded guilty in the Galleon hedge fund insider trading probe.
The AUD has opened stronger this morning gaining overnight with news that China will take over Japan's place as the world's second largest economy.
General Motors Co has completed the paperwork for an initial public offering, and timing of its filing with the U.S. securities regulators rests with the board of the top U.S. automaker, sources familiar with the process said on Monday.
Fewer Americans fell behind on their credit card payments in July, major credit card lenders said, bringing delinquencies to their lowest levels so far this year.
U.S. home builders' optimism hit a near 1-1/2 year low in August and a regional manufacturing gauge grew more slowly than expected, implying the economic slowdown continued into the third quarter.
The Federal Reserve said on Monday bank lending standards eased somewhat over the last three months while demand for business and consumer loans was largely unchanged.
General Motors Co has completed the paperwork for an initial public offering and timing of its filing with the U.S. securities regulators now rests with the board of the top U.S. automaker, a source familiar with the situation said on Monday.
General Motors Co has completed the paperwork for an initial public offering and timing of its filing with the U.S. securities regulators now rests with the board of the top U.S. automaker, a source familiar with the situation said on Monday.
The Nasdaq advanced on Monday as investors bought beaten-down technology stocks after a four-day selloff, but concerns about the economy after weak data kept investors wary.
Porsche AG will meet strict U.S. fuel economy standards of 35.5 miles per gallon when they go in force by 2016, Detlev Von Platen, the German automaker's North American president
U.S. authorities planned an autopsy on Monday of a man found dead in his Boston prison cell more than a year after being charged with murdering a masseuse he met on Craigslist, a law enforcement official said.
Home-builder sentiment unexpectedly fell for a third straight month in August to its lowest level in nearly 1-1/2 years, according to a survey on Monday that pointed to a weak housing market.
Lowe's Cos posted weaker-than-expected quarterly results, but kept its forecast for same-store sales growth this year, assuring investors it will benefit once U.S. consumer demand picks up.
Stocks rose on Monday, led by technology shares, as investors shrugged off signs of a weak economy to wade into stocks that have become cheap.
Maria Fiorini Ramirez speaks to IBTimes about inflation, unemployment, and credit conditions to small businesses.
The technology-heavy Nasdaq rose on Monday as investors put aside worries about the economy to take advantage of beaten-down prices.
Gold rose to its highest level since early July on Monday, reprising its safe-haven properties, as gloomy Japanese economic data hit shares and stoked investor concern about the pace of global economic recovery.