PRICE

Games maker Nintendo showed greater than expected resilience in its battle for market share last quarter thanks in part to a 20 percent price cut on its Wii product that sliced into profits.

At a time when India's steel industry is slowly rising prices, its counterparts in the US are struggling to do the same as the production costs have gone up. But, the US steel industry is very skeptical about the prices rise as the demand for steel is yet to pick up properly in the country. Even as India and China are witnessing a major surge in demand for steel, the US industry is still slowly picking up pace.

Some fear the government deal announced on Monday to allow Live Nation and Ticketmaster to merge - creating a colossal concert promoter and ticketing agent - will weigh on ticket prices.

Apple shares were up on Tuesday, a day after the electronics maker reported its latest quarterly results.

The Aussie dollar dipped below 90 cents during Friday's Asian session following a larger than expected 4.3% fall in the Australian Q4 import price index.

The two largest U.S. wireless carriers, Verizon and AT&T, cut their rates on Friday, escalating a price war that began with smaller carriers.

Verizon Wireless, the biggest U.S. mobile service, is cutting its fees for voice calls by about 30 percent, in a move that accelerates a price war in the ferociously competitive U.S. wireless market.

U.S. consumer prices rose modestly last month while a cold snap lifted industrial output, suggesting the economy was growing but not generating enough inflation to trouble the Federal Reserve.

The gold price boom in the last one year has turned several commodities analysts into bullion experts. But when it comes to consistent forecast of gold price, everyone loves to listen to what Jim Sinclair utters. A seasoned gold bull, Sinclair has been arguing all these years that gold is real money and thus gold price is headed for a boom.

Stocks edged lower on Wednesday as a fall in the price of oil weighed on energy shares and Google Inc slumped after it said it might withdraw from China, weighing on the Nasdaq.

The U.N. agency unveiled its draft global strategy to curb risks linked to alcohol which it estimates causes 2.5 million deaths a year from heart and liver disease, road accidents, suicides and various cancers -- 3.8 percent of all mortality.

Shares of Japan Airlines Corp's tumbled 81 percent, leaving it with a market value of just around $200 million, on mounting expectations the airline will file for bankruptcy next week and be delisted.

Charles Schwab Corp , the largest U.S. online brokerage, is cutting its fees by about $4 per trade, a rare pricing change that could pressure rivals to follow suit.

Canadian home resale prices rose for a sixth straight month in October on gains in all six major metropolitan markets surveyed, according to a report on Wednesday.

Nokia's latest patent strike against Apple underscores the changing dynamics of the cell phone market, with the sector leader no longer holding the whip hand over rivals in terms of product development

A day after Google confirmed its Android media event on January 5, more details of the Google smartphone, Nexus One, have been leaked online, including its price details and its network provider.

Stocks gained modestly on Tuesday, as better-than-expected consumer confidence data offset a separate report showing flat home prices in October.

Wall Street was set for a higher open on Tuesday after data showed home prices were unchanged in October and analysts said it suggested slow stabilization in the housing sector.

Stock index futures pointed to a higher open on Tuesday as investors awaited data on housing and consumer confidence, two areas that are key in building on the still fragile economic recovery.

The Chinese government is highly concerned by fast-rising property prices in some cities and will work to combat speculation, Premier Wen Jiabao said in an interview broadcast on Sunday.

A German mediator arrived in the Gaza Strip on Tuesday with Israel's response to a proposed deal with Hamas to secure the release of a captured Israel soldier in exchange for hundreds of Palestinian prisoners.