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Gold Extends Dip from Record as Risk Appetite Firms

Gold prices fell on Friday, extending the previous session's retreat from record highs as fresh strength in equity markets and gains in the euro versus the safe-haven Swiss franc pointed to sharper appetite for risk.

As Gold Prices Surge, Cash-for-Gold Frenzy Fades

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Handing out flyers at the corner of 47th Street and Fifth Avenue in New York City's Diamond District, Mariabi Peenya is having trouble finding passersby eager to sell their gold jewelry for cash.
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Gold Prices Ease in Europe

Gold prices eased in Europe on Friday, extending the previous session's retreat from record highs, as fresh strength in equity markets and gains in the euro versus the safe-haven Swiss franc pointed to sharper appetite for risk.
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June industrial output seen at 5.5 pct

June industrial output seen at 5.5 pct

India's annual industrial output growth probably slipped further in June to 5.5 percent from a nine-month low of 5.6 percent in May, indicating taut monetary policy and soaring inflation were hindering growth momentum, the median forecast in a Reuters poll showed.
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Gold Steadies Near Lifetime High, Econ Worries Linger

Gold held steady on Wednesday, hovering near a lifetime high around $1,778 an ounce struck in the previous session, but further gains could be capped by a rebound in equities after the U.S. Federal Reserve's vow to keep rates near zero.

China's Aircraft Carrier 'Varyag' Sets Out for Sea Trial

China's first aircraft carrier -- which attracted worldwide attention among fears that the second-largest economic powerhouse in the world is rapidly bolstering its military powers -- set sail on Wednesday for its sea trial.
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Pregnant Women Can Know Sex of Baby in Seven Weeks

Pregnant women can now know the sex of their baby as early as seven weeks into a pregnancy with a simple blood test. This new technology allows expectant mothers to know whether they are having a boy or girl months earlier than usual.
Syria's President Bashar al-Assad meets with Turkish Foreign Minister Ahmet Davutoglu in Damascus

Turkey Running Out of Patience With Assad

The foreign minister of Turkey Ahmet Davutoglu has arrived in Syria to convince President Bashar al-Assad to halt his regime?s brutal crackdown against anti-government protesters.
Bach and Gunawan

Bad Start for US in London World Badminton Championship

The U.S. contingent in the World Badminton Championship in London suffered a jolt on the opening day of the tournament Monday as the American players lost their five out of six matches. In the very first match Men's Doubles pair of Howard Bach and Tony Gunawan lost to Malaysia's Mohd Zakry Abdul Latif and Thien How Hoon 17-21, 14-21.
Workers process tuna at the Thon des Mascareignes factory in Mauritius' capital Port Louis

Mauritius cuts foreign reserve exposure to euro, dollar

Mauritius is cutting its foreign reserve exposure to the U.S. dollar and the euro due to debt concerns in both regions by purchasing commodity currencies and is eyeing government securities from some of the BRIC nations, it said on Monday.
An employee of the Tokyo Stock Exchange reacts as he watches a stock index board in Tokyo

Analysis: Japan in Ratings Crosshairs as Debt in Focus

In the guessing game of which Asian sovereign credit will be downgraded next, after the United States this weekend, Japan is almost everyone's top pick, and not simply because its debt burden and messy politics are as bad if not worse than America's.

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