INVESTMENT

Treasuries fell on Thursdays as stronger earnings sent investors looking for riskier stocks, weakening demand for relatively safe, but low yielding government debt.

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday that the global credit crisis is in its latter stages probably approaching an end.

Gold futures ended lower Thursday, as the dollar gained against the euro on speculation a sinking European economy may lead to a cut in borrowing costs.

Wall Street rose for the first time in three days on Thursday as investors bought back into stocks after two days of losses, after reports showed a drop in unemployment claims and a better-than-expected sales performance by Wal-Mart Stores Inc.

Lehman Brothers Holdings Inc. bailed out three of its struggling investment funds and bought distressed assets from others for $1.8 billion, Wall Street bank said in a regulatory filing.

By Jon Nadler After a brief dip to $928 gold started to build on yesterday's gains once again overnight as the dollar touched a new all time low vis a vis the euro and sank to 71.50 on the ...

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.

Merril Lynch will likely write down between $6 billion and $6.5 billion linked to several types of debt, senior company executives said, according to a report.

Gold futures gained 2 percent on Wednesday as crude oil soared to a new record while a weaker U.S. dollar boosted investors demand for the precious metal.

Treasury prices rose on Wednesday as stocks fell and the financial sector showed additional signs of trouble.

Shares of Citigroup rose in early trading on Monday after reports yesterday said the largest U.S. bank by assets was close to selling about $12 billion in leveraged loans and bonds to a group of private equity companies.

Standard & Poors Ratings Services, downgraded its credit ratings for four mortgage insurers late Tuesday citing a weaker than expected housing market and rising unemployment.

Citigroup is close to concluding a deal to sell off $12 billion of leveraged loans and bonds at a discount rate to a group of private equity firms, as it moves towards clearing off soaring company debt.

Gold futures fell on Tuesday after the dollar gained against major currencies and the International Monetary Fund approved a plan to sell more than 14.2 million ounces of its gold reserves to narrow the lender's financial shortfall.

Morgan Stanley's Chief Executive John Mack said on Tuesday the company's board members, unanimously re-elected by shareholders today, are focused on getting the company back on track.

Battered by subprime mortgage losses, savings and loan bank Washington Mutual, Inc sold $7 billion in shares to a group of investors led by TPG Capital and will stop providing home loans through brokers while closing all its free standing home loan offices.

The idea that gold preserves wealth is even more important in an economic environment where investors are faced with a declining US dollar and rising inflation due to rising commodity prices.Histor...

Savings and loan bank Washington Mutual, Inc is on the verge of securing a $5 billion investment from private equity buyout group TPG and other investors after suffering big losses in recent months due to the current credit crisis.

Gold futures rallied in New York on Monday along with other precious-metals futures , helped by a strength in crude oil and worries over the financial stability of the U.S. economy heightened investors demand for the precious metal.

Treasuries fell on Monday as investors took on riskier investments on hopes that a deeper economic downturn has been avoided due to policy action by the Federal Reserve.

By Jon Nadler Gold maintained a resilient tone in Asian trading overnight, oscillating between $910 and $920 as stock markets gained a bit on investor confidence.Support came from a $1 ris...