INVESTMENT

Gold jumps to new record highs over $1480 US dollar per ounce on Friday as Asian demand is unstoppable. Silver is holding near its earlier 31-year high at $42.64.

Prices to Buy Silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.

Nasdaq OMX Group Inc named a Bank of America Merrill Lynch investment banker as chief financial officer on Thursday, bringing in a seasoned dealmaker as it pursues a takeover bid of NYSE Euronext .

Several advocacy groups have petitioned the Nuclear Regulatory Commission to suspend reactor licensing until a full review of the Fukushima disaster in Japan is complete.

Glencore’s planned IPO prices the company at $55 billion. This incredibly high valuation is probably shocking to the many people who have never heard of Glencore before. But $55 billion, as large a figure as that is, doesn’t even begin to describe just how powerful it is.

The interbank silver market [in Asia] is dysfunctional says one Hong Kong dealer's note. Liquidity is getting worse while the price action is getting more exaggerated as a result.

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.

The Australian share market pared early losses to close around 0.2 per cent higher, as investors snapped up bank stocks and other cyclicals with attractive dividend yields.

US stocks are trading mixed in afternoon session on Wednesday as declines from financials and raw-material producers weighed.

For the first time in history, private investor [Gold] holdings now exceed official-sector holdings, said Philip Klapwijk - executive chairman of precious-metals consultancy GFMS - at a presentation in London's Canary Wharf today, commenting on last year's strong physical Gold Investment demand.

Price of gold will exceed $1600 a troy ounce before year-end on strong growth in investment demand, according to the precious metals research consultancy firm GFMS.

Facebook CEO Mark Zuckerberg is facing a high-powered technology law firm in a suit that may cost him 50 percent of the billion-dollar company.

US stocks advanced in early trade on Wednesday as better-than-expected first quarter earnings from JP Morgan buoyed sentiment.

U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.

Foxconn Technology Group, maker of Apple Inc's iPhone and iPad, said it is looking at investment opportunities in Brazil in line with its strategy of being where the market is, a plan that would boost its presence in a fast-growing market for electronic devices.

Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.

U.S. stock underwriting was the sole strong business in an otherwise bleak first quarter for U.S. investment banks.

U.S. stocks declined in early trade on Tuesday as disappointing first quarter sales from Alcoa and renewed concerns about Japan's nuclear crisis weighed on the sentiment.

Chelsea midfielder Frank Lampard said Champions League success is what owner Roman Abramovich deserves after transforming the club to a world powerhouse.

Google goes green by investing $168 million in Ivanpah Solar Electric Generating System, California.

Google will join BrightSource Energy Inc. and NRG Solar LLC as an equity investor in the Ivanpah solar electric generating system by making a $168 million investment.