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European Markets Rocked Monday; Wild Ride Expected for U.S. Markets Tuesday

European stocks got hammered on Monday and the euro tumbled as well, as investors moved into safe assets. Rising fears over Europe's sovereign debt crisis and economic growth concerns in Europe and the U.S. is driving the move away from equities. The yield on the benchmark 10-year German government bond fell to well below two percent -- a new record. The Stoxx Europe 600 index fell 4.1 percent Monday, closing at 223.45.

Watson Clings to Lead at Deutsche Bank Event

Scwartzel, Watson and Scott share lead at Deutsche...
Bubba Watson regained his composure after dropping three shots on the back nine holes to grab a one stroke lead after the third round of the Deutsche Bank Championship on Sunday.
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Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Brent Crude Up Slightly as Irene Barrels on

Brent crude oil rose slightly in choppy trade on Friday as Hurricane Irene barreled toward the U.S. East Coast and traders weighed comments by U.S. Federal Reserve Chairman Ben Bernanke on the economy.
Fed chairman Ben Bernanke

Bernanke Speech: What Will Fed Chairman Say?

Fed Chairman Ben Bernanke's much-anticipated speech Friday will likely disappoint investors and policy makers hoping for signs the central bank will try to rev up the weak economy, but the speech is likely to relieve gold investors who have booked big profits from that same economic malaise.
Apple is expected to launch new iPhone in October

Steve Jobs Quits: Will iPhone 5 be Delayed?

Steve Jobs resigned as Apple's Chief Executive on Wednesday and handed over the reins to Tim Cook, who was the company's Chief Operating Officer and had been assuming Jobs' role in his absence.
Facebook CEO Mark Zuckerberg speaks during a news conference at Facebook's headquarters in Palo Alto

Facebook, LinkedIn Threaten to Slay Monster.com

Shares of the parent of online job board Monster.com are down nearly 70 percent this year, with most of that loss coming since early July. A company that once boasted a multi-billion dollar market valuation is now worth less than $1 billion.
Luke Donald

Donald Gears Up for Final Push And Unique Double

World number one Luke Donald is gearing up for a final 2011 push as the FedExCup playoffs begin Thursday at The Barclays with the Briton aiming to reign over both the U.S. and European tours.
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Deutsche Bank knew mortgage co it bought lied: Justice Dept

Deutsche Bank AG knew in 2006 that a mortgage company it was preparing to buy lied to the U.S. government about its mortgages, yet went ahead with the purchase and should be held financially responsible, the Justice Department said on Monday.
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Macau casino shares fall amid China growth jitters

Shares of Macau casino operators slumped on Monday on worries of weakening demand from wealthy Chinese consumers, the main players in the world's largest gambling market, leading investors to sell stocks that have hit record highs in the past few months.
China's Tudou IPO prices within range

China's Tudou IPO prices within range

Chinese online video company Tudou Holdings Ltd (TUDO.O) priced shares in its initial public offering within the expected range on Tuesday, even though investor sentiment toward U.S.-listed Chinese stocks and the recent stock market turmoil had suggested it would be difficult.
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Perils of Paulson

The crown may be slipping fast from billionaire trader John Paulson's head.
New China Life files for up to $4 bln IPO-sources

New China Life files for up to $4 bln IPO-sources

New China Life, the third-largest life insurance company in China, has filed its listing application with the Hong Kong stock exchange, setting the stage for a planned IPO of up to $4 billion in Hong Kong and Shanghai, sources with direct knowledge of the plans told Reuters on Thursday.
One kilogram gold bars are seen in this picture illustration

Global shares retreat as Wall St drops

U.S. stocks tumbled more than 4 percent on Wednesday, almost wiping out gains from a relief rally the previous day, as rumors about the health of French banks sparked concern that the euro zone's debt crisis could claim new victims.
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Gold set to widen premium over platinum

Gold is set to widen its premium over platinum after hitting parity for the first time in 2-1/2 years this week, with no end yet in sight to the potent cocktail of fear factors that are benefiting safe havens at the expense of cyclical assets.
Australia's Share Markets

Global Markets Overview 08/10/2011

U.S. stocks soared in turbulent trading Tuesday, coming off the worst three day selloff since the financial crisis, as investors took in stride the Federal Reserve's pledge to keep interest rates near zero at least through mid-2013.
Five-tael (6.65 ounces or 190 grams) gold bars are seen at a jewellery store in Hong Kong in this April 21, 2011 illustration photo.

Gold hits record over $1,715/oz as risk assets slip

Gold vaulted above $1,700 an ounce for the first time on Monday after pledges by the G7 and the European Central Bank to quell the turbulence in the financial markets did nothing to put investors at ease.

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