GLOBAL MARKETS

Gold Tops $1,700 on Draghi Comments, Holds Despite Good Jobs Data

Pieces of gold
Gold futures blew past the $1700-per-ounce mark early Thursday morning ahead of a widely-anticipated appearance by European Central Bank president Mario Draghi where the central bank head was expected to announce further monetary accommodation in the eurozone.
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Droid Razr

Google Introduces Three Motorola Razr Phones Ahead Of Apple Units

Google (Nasdaq: GOOG), the No. 1 search engine, which now owns the Motorola brand, refreshed its product line with three new members of the Razr brand line in a bid to recapture past success. They’re the first major new lines since Google completed the $12.5 billion acquisition of the former Motorola Mobility in May.
Asian Stocks

Asian Stocks Decline As US, China Data Disappoint

Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August
Photo illustration shows two euro coin through a magnifying glass near a picture of German share trading DAX index

European Markets Range-Bound Ahead Of ECB Meeting

European markets remained in a tight range Wednesday as investors continued to be nervous ahead of the meeting in which the European Central Bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stocks Fall On Weak US, China Data

Asian markets fell Wednesday as investors' concerns about the weakening global economy was revived by the declining U.S. manufacturing activity and disappointing China's services activity.
Traders work on the floor of the New York Stock Exchange

Stimulus Expectations Buoy US Stock Futures

The U.S. stock index futures point to a higher open Tuesday as market sentiment was underpinned by expectations that policymakers around the world will announce stimulus measures to rejuvenate the economic growth momentum.
Traders work at their desks at the Frankfurt stock exchange

European Markets Fall As Investors Remain Watchful

Most of the European markets fell Tuesday as investors continued to remain cautious waiting for the policymakers to announce stimulus measures to boost the euro zone economy and revive the growth momentum.
An investor gestures as he talks to a person in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Range-Bound As Stimulus Hopes Persist

Asian markets remained in a tight range Tuesday as investors were waiting for the outcome of meetings among the policymakers in the euro zone which is expected to announce measures to tackle the debt crisis affecting the region.

Asian Stocks Mostly Higher On Stimulus Optimism

Asian stock markets mostly ended higher Monday on hopes that major central banks around the world would soon announce a new round of stimulus measures to tackle the deteriorating global economic conditions.
An investor checks stock information with a computer at a brokerage house in Hefei

Asian Stocks Rise On Stimulus Expectations

Most of the Asian markets rose Monday as investors remained hopeful that the world's central banks would announce stimulus measures soon to help boost the global economic growth.
Asian Markets

Week Ahead: Asian Stocks Likely To Fall On Weak China Data

Markets are expected to begin the week on a negative note after official data Saturday showed that Chinese manufacturing activity shrank for the first time in nine months, raising concerns over the growth slowdown in the world's second largest economy.
Asian Stocks

Asian Stocks Fall On Japan Data; Nikkei Plunges 1.6%

Asian stock markets declined Friday as weak economic reports from Japan and South Korea revived concerns over the global economic growth while investors opted for caution ahead of the long-awaited speech by Federal Reserve Chairman Ben Bernanke at the Jackson Hole symposium later in the day.
Photo illustration shows two euro coin through a magnifying glass near a picture of German share trading DAX index

European Stocks Range Bound On Stimulus Uncertainty

European markets remained in the tight range Friday as investor confidence continued to be weighed down by fading hopes on the European Central Bank to announce policy measures to boost the euro zone economy and revive growth momentum.
Indian Rupee 100 notes

India?s Q1 GDP Growth Rises To 5.5%

India's economic growth rose in the first quarter of the fiscal year 2012-13 compared to the January-March quarter of the last fiscal, indicating that the country's economy is moderately improving though the soft global demand and the weak domestic policy measures have affected it.

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