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Gold price stays below $1,300, heads for 2.5% monthly drop

Gold price stays below $1,300, heads for 2.5% monthly drop

Last Updated: Thursday, July 31, 2014, 10:20

Gold is headed for a 2.5 percent drop for the month.

Nikkei rises to fresh 6-month high led by exporters, banks

Nikkei rises to fresh 6-month high led by exporters, banks

Last Updated: Thursday, July 31, 2014, 09:19

Japan`s Nikkei share average rose to a fresh six-month high on Thursday after solid U.S. growth buoyed sentiment and as the weakening yen lifted exporters, while Sumitomo Mitsui Financial Group`s earnings boosted the banking sector.

US GDP growth rebounds to 4% in 2nd quarter

US GDP growth rebounds to 4% in 2nd quarter

Last Updated: Wednesday, July 30, 2014, 18:49

Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.

US economy seen regaining muscle in second quarter

US economy seen regaining muscle in second quarter

Last Updated: Wednesday, July 30, 2014, 11:20

Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.

Asian stocks reach three-year peak, China holds gains

Last Updated: Tuesday, July 29, 2014, 09:29

Hong Kong`s key stock index inched to its loftiest level in over 3-1/2 years on optimism that the world`s second-largest economy has turned a corner and as investors wagered on more growth-friendly policies from Beijing.

Oil prices drift lower in Asia

Last Updated: Monday, July 28, 2014, 13:04

Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.

US jobless claims fall to eight-year low

Last Updated: Thursday, July 24, 2014, 19:15

New claims for US unemployment insurance benefits tumbled to an eight-year low last week, pointing to a firming labor market, according to official data released Thursday.

US top business place for investors: Obama

Last Updated: Thursday, July 24, 2014, 10:54

Noting that his country has bounced back from its worst ever recession, US president Barack Obama has said America is now the top place for investors to do business.

US stocks end lower as Ukraine, Gaza weigh on markets

Last Updated: Tuesday, July 22, 2014, 09:46

At the closing bell, the Dow Jones Industrial Average dropped 47.07 points (0.28 percent) to 17,053.11.

Dollar little changed ahead of housing, inflation data

Last Updated: Tuesday, July 22, 2014, 08:44

The report follows some other recent data showing higher inflation, although US Federal Reserve Chair Janet Yellen and others have downplayed those reports.

Asian shares mixed after Wall St rally

Last Updated: Thursday, July 17, 2014, 13:10

Asian shares were mixed Thursday after the Dow on Wall Street ticked up another record high in response to strong earnings and a positive outlook on the US economy by the Federal Reserve.

Dollar creeps higher as world equities prepare for earnings

Last Updated: Monday, July 07, 2014, 14:57

The dollar was on its strongest run since late October on Monday as the momentum of last week`s stellar U.S. jobs data carried markets towards what will be a crucial earnings season for record high shares.