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Brexit impact: Spot gold climbs 1% as investors seek safe-haven

Jun 27, 2016 at 09:32 | Source: FirstPost

Spot gold prices climbed more than 1 percent on Monday as aftershocks from Britain's vote to leave the European Union pushed investors towards the safe-haven asset.The result of the British vote forced the resignation of Prime Minister David Cameron ...

Sterling, Asian stocks struggle with Brexit hangover

Jun 27, 2016 at 08:47 | Source: FirstPost

Tokyo: Asian stocks fell and the British pound tumbled more than 2 percent on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union.Sentiment remained weak and trading was volatile, even i...

Gagan Narang finishes seventh in 50m Rifle Prone event, reaches second World Cup final in four days

Jun 26, 2016 at 22:21 | Source: FirstPost

Baku (Azerbaijan): London Olympics Bronze medallist shooter Gagan Narang finished seventh in the men's 50m Rifle Prone event on day five of the sixth and final ISSF World Cup in Baku on Sunday.Gagan reached his second World Cup final in four days and...

Rio 2016: Mohammad Anas, Ankit Sharma and Srabani Nanda qualify for Rio Olympics

Jun 26, 2016 at 18:41 | Source: FirstPost

New Delhi: Quartermiler Mohammad Anas and long jumper Ankit Sharmabooked their Olympic tickets with national record shattering efforts while 200m specialist Srabani Nanda also qualified for the Rio Games in various competitions aboard on a memorable ...

Silver medal at World Cup will boost confidence ahead of Olympics, says Rio-bound shooter Jitu Rai

Jun 26, 2016 at 14:28 | Source: FirstPost

Baku: Commonwealth Games gold medallist shooter Jitu Rai, who bagged the silver medal in the 10-metre Air Pistol at the ongoing ISSF World Cup on Saturday, said itwill surely boost his confidence ahead of the Rio Olympics in August.Rai pipped three-t...

'I was advised to retire after 2008 Games': Sushil Kumar glad he did not bow out after Beijing Olympics

Jun 26, 2016 at 13:25 | Source: FirstPost

New Delhi:In a country where winning an Olympic medal is a rarity and bagging two in a row a distant dream, India's lone double-Olympic medalist Sushil Kumar has revealed that he was advised to "bow out on a high" after his bronze-medal fea...

Copa America: United States finish fourth after 1-0 loss to Colombia

Jun 26, 2016 at 09:45 | Source: FirstPost

Glendale: Not quite a victory for the United States. Just a good enough effort to leave the team feeling better about itself.Carlos Bacca beat goalkeeper Tim Howard by sliding to poke in a headed cross in the 31st minute, and the US finished fourth i...

Brexit more heartburn than heart attack for hedge funds| Reuters

Jun 26, 2016 at 00:15 | Source: FirstPost

NEW YORK/BOSTON UK voters' surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance.Money managers were positio...

Euro 2016: Xherdan Shaqiri's wonder goal in vain as Poland beat Switzerland on penalties

Jun 25, 2016 at 22:14 | Source: FirstPost

Saint-tienne: Poland reached the quarter-finals of Euro 2016 after beating Switzerland 5-4 in a penalty shoot-out on Saturday as Jakob Blaszczykowski proved again he has the midas touch.Borussia Dortmund winger Blaszczykowski gave Poland a first-half...

ISSF World Cup: Jitu Rai pips three-time Olympic champion to claim silver in 10m air pistol

Jun 25, 2016 at 14:50 | Source: FirstPost

Baku (Azerbaijan): 'Pistol King' Jitu Rai pipped three-time Olympic champion Jongoh Jin of Korea to clinch the silver medal at the ISSF Shooting World Cup in Baku on Saturday, signalling his intentions ahead of the Rio Games.Rai shot 199.5 in the fin...

ISSF World Cup: Rio bound shooters Jitu Rai, Apurvi Chandela fail to impress

Jun 25, 2016 at 13:43 | Source: FirstPost

New Delhi: Indian shooters had a dismal dayat the ongoing International Shooting Sport Federation (ISSF)World Cup with Rio Olympics hopefuls Jitu Rai, PrakashNanjappa and Apurvi Chandela failing to enter the finals oftheir respective categories at Ba...

'Ekk Albela' review: This Bhagwan Dada biopic falls short of 'Harishchandrachi Factory'

Jun 25, 2016 at 11:53 | Source: FirstPost

A first day show of Shekhar Sartandels Bhagwan Dada biopic, Ekk Albela felt somewhat like a geriatric ward, in the best sense possible. I sat next to a prosperous-looking octogenarian in a crisp white safari suit who munched on popcorn and betrayed n...

'Investing for good' gains appeal amid rocky tech startup market| Reuters

Jun 25, 2016 at 07:30 | Source: FirstPost

SAN FRANCISCO As valuations flounder for Silicon Valley startups once worth billions of dollars, investor interest is on the rise in startups with both financial and social benefits, such as healthcare software for poor communities or low cost solar ...

World stocks tumble as Britain votes for EU exit| Reuters

Jun 24, 2016 at 23:30 | Source: FirstPost

NEW YORK/LONDON Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a ...

Government, RBI say India better placed, ask investors to stay calm after Brexit

Jun 24, 2016 at 18:54 | Source: FirstPost

New Delhi: Seeking to calm turbulent markets following Brexit, government and RBI today said India's sound macro economic fundamentals backed by planned structural reforms and firewalls will help it weather any major fallout of UK's leaving the Europ...

Shaping leaders from coders is biggest challenge of IT sector, say experts

Jun 24, 2016 at 16:17 | Source: FirstPost

Bengaluru:Top HR leaders from the IT sector congregated in the city of Bengaluru on Fridayto discuss current and future challenges in enterprise people management under the aegis of the multi city event 'The Breakfast Alchemy'. The spotlight at the r...

Will provide liquidity, correct disorderly market behaviour, says Raghuram Rajan

Jun 24, 2016 at 15:54 | Source: FirstPost

New Delhi: Reserve Bank Governor RaghuramRajan today promised to provide liquidity and correct anydisorderly market behaviour following UK's vote to walk out ofthe European Union, saying that after initial investor worriesover Brexit, funds should re...

Sterling tumbles, bonds surge as early Brexit results put Leave ahead| Reuters

Jun 24, 2016 at 07:15 | Source: FirstPost

SYDNEY Sterling and stocks sank while safe-haven bonds jumped in wild Asian trade on Friday as early results from the UK's vote on European Union membership showed the "Leave" camp holding the lead, sparking a wave of selling across risk as...

Sterling dives, bonds rally as early Brexit results put Leave ahead| Reuters

Jun 24, 2016 at 06:45 | Source: FirstPost

SYDNEY Sterling sank and safe-haven bonds jumped in wild Asian trade on Friday as early results from the UK's vote on European Union membership showed the "Leave" camp holding the lead, sparking a wave of profit-taking across risk assets.St...

Sterling skids, bonds rally as Brexit results put Leave ahead| Reuters

Jun 24, 2016 at 06:15 | Source: FirstPost

SYDNEY Sterling sank and safe-haven bonds jumped in wild Asian trade on Friday as early results from the UK's vote on European Union membership showed the "Leave" camp holding the lead, sparking a wave of profit-taking across risk assets.St...

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