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US palladium above $500; gold rises in thin trade

U.S. palladium and platinum futures rose to their highest since 2008 on Monday on strong physical demand and better sentiment, and gold contracts hit a two-week high in thin post-holiday trade.

Adnoc, Aramco raise crude oil prices to Asia, US

UAE's largest oil company, Abu Dhabi National Oil Co (ADNOC) followed Saudi Arabia's Aramco in raising crude oil prices for Asia and US. In a statement, Adnoc said it raised March crude selling prices more than 5 percent to the highest since November. The Abu Dhabi-based company increased the price for Murban crude, its largest export grade, to $78.30 a barrel. Lower Zakum crude rose the most, adding $4.20 a barrel, or 5.7 percent, to $78.15 a barrel.

Russia offers $1 billion for Venezuela oil projects

Russia expressed its willingness to extend help to Venezuela for the development of more oil fields, said Russian Prime Minister. Speaking here after talks with Venezuelan president Hugo Chavez, Russia on P M Vladimir Putin said Our partners have said they are ready to expand our partnership in the energy sector. If an agreement is reached, Russia will pay Venezuela an additional $1 billion bonus for oil field development.

Perceived notions give Gold sharp edge

Is Gold the best investment? You may have heard this and read about this phrase a million times already. Now it seems Gold investment reading is becoming too stereo cast that it has lost its sheen. But wait a minute. Though too much written word about Gold has turned out to be boring, the yellow metal itself has not shown the boredom in its rise. It has given good investment returns for those who put their trust in it.

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Wall St jumps on optimism about recovery

Stocks advanced on Monday, sending the Nasdaq up more than 1 percent and the Dow Jones industrial average near 11,000, as a spate of economic reports fueled optimism about the economic recovery and a stabilized labor market.

February pending home sales unexpectedly rise

Contracts for pending sales of previously owned homes unexpectedly rose in February, a survey from the National Association of Realtors showed, a rise the group said may be attributed to home buyers taking advantage of a soon-to-expire tax credit.

Wall St rises as economy shows signs of strength

Stocks rose on Monday, the first trading day after government data showed the economy added the largest number of jobs in three years, boosting hopes the recovery was gaining traction.

The Telephone interview: What to do – What not to do!

Phone interviews are becoming increasingly popular as a means of narrowing down candidates for a more traditional face to face interview.

Futures rise, buoyed by payrolls data

Stock index futures rose on Monday, the first trading day after government data showed the economy added the largest number of jobs in three years, boosting hopes the recovery was accelerating.

Greek deputy PM says Portugal may be next victim: report

The sort of debt problems seen in Greece are likely to spread further in the euro zone and Portugal could be the next victim, Greek Deputy Prime Minister Theodoros Pangalos was on Monday quoted as saying.

Futures higher after jump in payrolls data

Stock index futures rose slightly on Monday, the first trading day after government data showed the economy added the largest number of jobs in three years, boosting hopes of a turnaround in the economy.

Asian stocks rise on strong U.S. jobs data

Asian stocks rose on Monday after data showed U.S. employers created jobs last month at the fastest pace in three years, boosting hopes of a sustained economic recovery.

China quiet on U.S. currency report delay

A Chinese central bank adviser said Beijing could ease pressure over the yuan by buying more from recession-hit U.S. states, but China had no official reaction on Monday to the Obama administration's delay of a contentious currency report.

U.S. office vacancy rate hits 16-year high

The U.S. office vacancy rate in the first quarter reached its highest level in 16 years, but the decline in rents eased and crept closer to stabilization, according to a report by real estate research firm Reis Inc.

Wilbur Ross backing Virgin Money in RBS branch bid

Billionaire investor Wilbur Ross said on Sunday he is prepared to commit up to 500 million pounds ($760 million) to support Virgin Money in its bid to buy the branch network of the Royal Bank of Scotland .

Britain's Brown says bank levy accord close: report

British Prime Minister Gordon Brown said the world's large economies were close to agreeing a global tax on banks to help prevent another financial crisis, the Financial Times reported on Monday.

Forex - China's yuan casts shadow over US-India talks

U.S. Treasury Secretary Timothy Geithner will try to strengthen bilateral ties with India during talks in New Delhi this week, but his visit may be overshadowed by Washington's tense relationship with China. Both the United States and India will be simultaneously pushing trade and foreign exchange agendas with China, as they discuss cooperation on infrastructure development and financial markets.

U.S. expects accelerating job creation

The Obama administration expects U.S. job creation to quicken but economic recovery has a long way to go despite improved trends, White House officials said on Sunday.

CEO pay down 15 percent, Ellison tops list: NYT

The average compensation for chief executives at the largest publicly traded U.S. companies fell 15 percent last year to $9.53 million, a decline attributable to the falling value of stock and option awards, the New York Times said on Sunday.

Stocks may fly on jobs, profit hopes

Optimism about an improving labor market and corporate profits could propel U.S. stocks higher this week as earnings season approaches.

Summers expects acceleration of job creation

The Obama administration expects job creation to accelerate and Congress to approve financial reform legislation, White House economic adviser Lawrence Summers said on Sunday.

U.S. probing LPS unit Docx LLC: report

A unit of Lender Processing Services Inc , a U.S. provider of paperwork used by banks in the foreclosure process, is being investigated by federal prosecutors, the Wall Street Journal reported on Saturday.

Feds oppose separate trials in insider trading case

U.S. prosecutors on Friday opposed a request by accused Galleon fund founder Raj Rajaratnam and his main co-defendant for separate trials in what prosecutors have described as the biggest hedge fund insider-trading case ever in the United States.

Jobs, profit hopes may drive rally

Optimism about an improving labor market and corporate profits could propel U.S. stocks higher next week as earnings season approaches.

No criminal charges seen in AIG's collapse: TV report

CBS News reported late Friday that Joseph Cassano, the former AIG executive closely linked with the giant insurer's near collapse in September 2008, will meet with U.S. Justice Department attorneys next week in what will probably end the two-year criminal investigation into the company -- with no criminal charges likely to be filed.

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