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Gold rises as euro struggles as share prices down

Gold firmed to near a one-week high on Thursday as the euro struggled to sustain gains and shares slipped on uncertainty over the pace of economic recovery in the United States.

Stock futures down on Spain debt worry

Stock index futures fell on Wednesday, a day after Wall Street jumped more than 2 percent, on new concerns about Spain's fiscal problems, while investors awaited data on producer prices and housing.

India inflation tops forecast financial minister talks down rate hike

India's headline inflation unexpectedly accelerated in May, heightening expectations the Reserve Bank of India (RBI) would raise rates before its scheduled July review despite concerns over Europe's debt crisis.

Crude Rises but Not Sustainable. EIA Revised Down Oil Demand Forecasts

As driven by a late-rally in the Wall Street, WTI crude oil price ended the day with small gains. After market close, API's report showing a dip in crude inventory boosted the market further. However, we doubt if the strength can sustain as sovereign crisis in the Eurozone has shown intensified signs of contagion. Gold price retreated after hitting a new record at 1254.5. Yet, outlook is still bullish for the yellow metal as long as worries over deficits problems persist and uncertainty over glo...

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Oil above $74 on wider rally, down 14 percent in May

Oil crept above $74 on Monday in line with a timid recovery across financial markets, but was set for its biggest monthly loss in 18 months after European economic crisis raised the prospect of reduced fuel demand.

Indexes end down; Spain downgrade weighs

Stocks ended lower on Friday, capping off their worst month in over a year as a downgrade by Fitch Ratings of Spain's credit rating reignited worries about euro-zone debt issues.

Economic growth revised down to 3.0 percent

The economy grew at a slower pace than previously estimated in the first quarter as businesses investment slackened, while hard-hit state and local governments curbed spending at the steepest rate since 1981, a government report showed on Thursday.

First-quarter growth revised down to 3.0 percent

Euro down as debt fears linger

The euro fell on Wednesday driven by fears that Europe's debt woes can wreak havoc in its banks, though Asian stocks rebounded from nine-month lows as value investors hunted for bargains.

Germany eyes wider short-sale ban, euro down

Germany inched toward a wider ban on naked short selling of stocks and Italy approved austerity measures on Tuesday to contain a euro zone debt crisis that could lead U.S. officials to urge stress tests for European banks.

CORRECTED - Germany eyes wider short-sale ban, euro down

FOREX-Euro down broadly as Spanish news adds to jitters

The euro fell broadly on Monday, pulling back from gains last week, after the Spanish central bank's takeover of a savings bank added to jitters about debt problems in some of the weak euro zone countries.

U.S. plays down European crisis but China worried

The United States suggested Europe's debt crisis would have minimal impact on global growth, but China took a more pessimistic view, warning it would impact demand for its exports and other regions would suffer too.

After Facebook, Pakistan shuts down YouTube

Pakistan has blocked the popular video sharing website YouTube indefinitely in a bid to contain blasphemous material, officials said on Thursday.

Trading systems broke down at firms during flash crash: report

Trading systems briefly broke down at hedge fund firm Citadel Investment Group and trading firm Knight Capital Group Inc when the stock markets plunged on May 6, the Wall Street Journal said.

Wall Street down more than 1 percent after German move

Stocks fell on Wednesday as Germany's decision to ban naked short-selling of certain financial instruments fueled investor worries about exposure to riskier assets and about the global economy.

Indexes down more than 1 percent after German move

U.S. stocks fell on Wednesday as Germany's decision to ban naked short-selling of certain financial instruments fueled investor worries about exposure to riskier assets and about the global economy.

U.S. credit card delinquencies down again in April

U.S. credit card delinquencies fell for the fourth straight month in April, the latest indicator that Americans are recovering from the worst economic downturn since the Great Depression.

Wall Street dragged down by euro zone woes

Stocks tumbled on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.

Wall Street set to open down on euro-zone debt worries

Wall Street was poised to open lower on Friday, weighed by worries about the impact of heavy euro-zone debt loads on the global recovery.

FDIC floats wind-down plans, securitization rules

The largest U.S. banks would be required to submit to regulators plans for their dismantling in times of severe distress, and securitizations with higher underlying standards would get federal protection, under two proposals to be considered by the Federal Deposit Insurance Corp on Tuesday.