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Wall Street Slides; Gold Sets Record

Photo illustration shows one-tael gold cubes at a jewellery store in Hong Kong
Gold set a record high Tuesday and U.S. stocks fell on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
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Gold Sets Another Record As Stocks Fall

Gold settled at a record high Tuesday after investors abandoned stocks on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
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Euro Zone Concerns Lift Gold But Silver Eases

Gold prices rose on Tuesday as concerns over the financial health of the euro zone resurfaced ahead of a summit in Paris between French and German leaders, at which they will try to thrash out a solution to the bloc's debt crisis.
A model holds a Samsung Electronics' new tablet 'Galaxy Tab 10.1' during its launch ceremony at the firm's headquarters in Seoul

How Samsung Galaxy Tab 10.1 Cheated Apple's Ban?

Samsung in the Netherlands is rolling out Galaxy Tab 10.1, which is otherwise banned in Europe after Apple won an injunction against Samsung for violating its intellectual rights to its iPad.
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German Growth Slows More Than Expected in Q2

German gross domestic product growth slowed more than expected in the second quarter, weighed by a negative trade balance, flagging consumption and weak construction investment, the statistics office said.
Man is reflected in a window as he walks past the indicator boards at the Australian Stock Exchange in Sydney

Asian Shares Rise, Euro Slips Ahead of Summit

Asian stock markets rose Tuesday after Wall Street shares climbed for a third straight session, but the euro slipped ahead of talks between French and German leaders on possible further measures to contain Europe's debt crisis.
RIM

Google Acquires Motorola: How Does it Affect RIM?

Google's $12.5 billion acquisition of Motorola Mobility had wide-ranging impacts on Monday, notably on technology stocks. Motorola Mobility (NYSE:MMI), Nokia (NYSE:NOK), and Research in Motion (NYSE:RIMM) all saw big stock price jumps during Monday's trading.
Oil's Price

Oil Prices: The U.S. Economy?s Albatross

Institutional investors, turned off by a slow-growth economy that?s led to low-return stocks, piled in to oil, driving up its price, worsening the economic conditions that led them to invest in oil in the first place.
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Watch for More Gold Price Declines in Near-Term - Analyst

Commodities saw volatile movement last week, driven by intensifying talk of U.S. double-dip recession, spreading of sovereign crisis from the European periphery to core economies, speculations of U.S. Fed's easing measures, and supportive macro-economic data.

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