MARKETS / FINANCE

More news
Processing facility at Cortez project

Gold Prices Slide Towards $1,650

Gold prices slid towards $1,650 an ounce on Monday, taking a breather after four straight days of gains, as upcoming elections in France and Greece and a European Central Bank meeting later this week pressured the euro versus the dollar.
Oegussa plant gold

Gold Price Close To 2-Week High In Market Trade On Monday

Gold held near a two-week high on Monday on prospects of more safe-haven buying, with the U.S. dollar under pressure from weaker-than-expected economic data and speculation the Federal Reserve could ease policy further to boost growth.
2012 Election

5 Reasons Obama Could Lose The 2012 Election

If the U.S. presidential election was held today, President Barack Obama could easily lose. Fortunately for Obama -- and, by extension, for the Democratic Party -- the election is not today: it's 7 months from now.
Ayatollah Ali Khamenei

Iran: A Modern Day 'Nazi Germany'?

Some top Israeli officials have repeatedly compared the current regime in Tehran to Nazi Germany and Adolph Hitler?s program of exterminating the Jews.
220 kg block of gold

Canada's Iamgold Paying $585M For Trelawney Mining

Canadian miner Iamgold Corp said Friday it agreed to buy gold exploration company Trelawney Mining for about C$585 million in cash, in a move aimed at expanding its asset base within politically safe jurisdictions.
Lihir Gold Mine

Gold Prices Slip Back As Euro Falls

Gold prices slipped back towards $1,650 an ounce on Friday as investors cashed in gains after a three-session rally, with confidence in the metal still soft as consumers in major Asian bullion-buying centres held off making fresh purchases.
IBTimes Logo

Gold Price Struggles After Spain Downgrade

Gold struggled to make headway Friday as the euro came under pressure after Standard & Poor's downgraded Spain's credit rating, while investors waited for a monetary policy decision by the Bank of Japan later in the day for further trading cues.
Return to Gold Standard Would Be Damaging -Report

Gold Prices Rise Towards $1,650

Gold prices rose towards $1,650 an ounce on Thursday after the Federal Reserve opted to keep U.S. interest rates at rock bottom, taking further support from the foreign exchange market as the dollar languished against a basket of major currencies.
IBTimes Logo

Fed stays policy course, outlook a touch brighter

The Federal Reserve on Wednesday offered a modestly brighter assessment of the economy's prospects and few clues on the path of monetary policy, as it reiterated that interest rates likely will not rise until at least late 2014.
IBTimes Logo

Fed sticks to late 2014 rate hike time frame

The Federal Reserve on Wednesday repeated its promise to leave interest rates on hold until at least late 2014 but offered few clues into whether it might offer additional stimulus later this year.
IBTimes Logo

Exclusive: RBS M&A bankers preparing for boutique spin-off

Royal Bank of Scotland is planning to spin off its mergers and acquisitions business to some of its top bankers, sources said, forming a new advisory boutique with anticipated investment from foreign banks without a big footprint in Europe.
IBTimes Logo

Wall Street holds gains after Fed statement

Stocks clung to strong gains on Wednesday after the Federal Reserve repeated its promise to leave interest rates on hold until at least late 2014 while giving few clues into whether it might supply additional stimulus later this year.
IBTimes Logo

Wal-Mart reveals lawyers, accountants on FCPA issues

Wal-Mart Stores Inc said on Wednesday that it named a former attorney earlier this year to oversee global compliance with a bribery law, as it deals with the fallout over alleged bribes in Mexico that recently came to light.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.