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Asian Markets Post Gains

Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.

As Banks Stop Hiring, Industry Safety Net Rips Apart

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The banking sector, enduring rounds of deep job cuts, faces the grim prospect of having nowhere to turn to for immediate employment in the industry, as nearly all branches of finance have pulled back on hiring.
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Asian Markets Rise, Following U.S. Gains

Asian shares rebounded Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
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The logo of the ArcelorMittal's steel plant is seen on the site of Fos-sur-Mer near Marseille

ArcelorMittal set to exceed Liberia 2011 iron ore

ArcelorMittal, the world's top steel maker, is on track to produce between 1.2 million and 1.3 million tonnes of iron ore from its Liberia mine in 2011, exceeding a 1-million-tonne target, and does not expect a decline in prices to impact the project's planned expansion, the company said on Thursday.
Underground mining machine

Gold Falls As Investors Sell to Raise Cash

Gold fell on Thursday, on track for its biggest one-day loss in two weeks, as fearsabout political turmoil in Italy and a deepening euro zone debt crisis prompted investors to raise cash by liquidating somepositions in the bullion market.
Grasberg Mine

Eurozone Crisis Bodes Well for Gold Price - Analysis

Gold has confounded market watchers by refusing to behave like a safe-haven and instead has tracked equities over the past few weeks, but the escalating European debt crisis could see bullion ditch its risk-asset mantle and return to record highs.
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Gold ETPs Steady in October - Report

Investors stuck with gold exchange-traded products (ETPs) in October, but most other commodities ETPs saw outflows as investors remained cautious about the outlook for economic growth.
Ghana is the latest commodity producer in the African region devising measures to benefit from the higher international prices for its products. According to the central bank, gold exports from the country in the nine months to September amounted $3.7 bil

Gold Prices Test $1,750/Ounce Support

Gold prices recouped big early losses Thursday to start Comex floor trading about one percent down as the U.S. dollar fell against the euro on hopes a new Italian and Greek governments may pave the way for Europe to avert a recession.
China Trade Growth Sputters, Monetary Policy Easing on the Cards

China October imports surge as exports wilt

China's imports surged in October as exports grew at their slowest rate in months, suggesting efforts to tilt the economy toward domestic demand may be offsetting the external weakness that has dragged on economic growth this year.
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UBS India Head Resigns; Kamat Named New CEO: Memo

The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
A man walks past an advertisement of Japan's Olympus Corp in Tokyo

Olympus Steps Closer to Stock Market Delisting

Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, another blow to the Japanese camera-maker's chances of survival.
A port worker holds a radio as he works at a container area at the Yangshan Deep Water Port, south of Shanghai

China October Exports Growth Weakest in 8 Months

China's exports in October rose at their weakest pace in eight months, underlining official concern about the sector that has dragged on economic growth this year while imports jumped much more than expected.

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