Gold edges lower as dollar cuts losses after U.S. data| Reuters
May 23, 2015 at 02:45 | Source:
NEW YORK/LONDON Gold fell on Thursday as the dollar cut losses on U.S. data that showed growing economic momentum, but support came from signs the Federal Reserve was unlikely to raise interest rates in June.The number of Americans filing new claims ...
Fed still seen in lift-off mode as Yellen takes centre stage| Reuters
May 22, 2015 at 04:15 | Source:
NEW YORK The U.S. Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress towards its employment and inflation goals helping allay concerns over the economy's recent weakness, current and former Fed offici...
Wall Street up as near-term rate-hike prospects fade; oil jumps| Reuters
May 22, 2015 at 03:15 | Source:
NEW YORK Global equity markets rose on Thursday, with Wall Street's S&P 500 index closing at a record high as investors bet that U.S. interest rates won't rise soon, while oil jumped more than 2 percent on the view that a global glut may be start...
China jails 'Fast and Furious' Lamborghini, Ferrari drivers
May 21, 2015 at 15:30 | Source:
Two unemployed men who crashed a Lamborghini and Ferrari as they reportedly staged a "real-life Fast and Furious" race through Beijing were sentenced to jail Thursday for dangerous driving, the court said.According to reports a woman passen...
Forget food park, what Amethi really misses is its VVIP MP Rahul Gandhi
May 21, 2015 at 14:34 | Source:
That missing food park is the least of Amethis problems.What Rahul Gandhi does not understand is that the main thing missing for years in Amethi has been its celebrated MP.Rahul Gandhi seems to have a bit of the Amit Shah problem. Shah famously had a...
KXIP's David Miller shocked after shot takes policemen's vision in one eye
May 17, 2015 at 09:58 | Source:
A police constable lost his right eye after being struck by the ball hit for a six by Kings XI Punjab batsman David Miller during an Indian Premier League (IPL) match against Kolkata Knight Riders at the Eden Gardens. Miller said he was in a state of...
Gold hits three-month high as U.S. data eases rate fears| Reuters
May 15, 2015 at 02:15 | Source:
NEW YORK/LONDON Gold hit a three-month high on Thursday as the dollar came under pressure following a new batch of mixed U.S. data that pushed back expectations of when interest rates in the world's largest economy will rise.Spot gold XAU= rose to th...
Govt should open up e-commerce: Why FDI is a good for Indian etailers
May 14, 2015 at 16:24 | Source:
New Delhi: The Modi government held its first round of consultations on the issue of allowing Foreign Direct Investment (FDI) in e-commerce with stakeholders today. Participants included representatives from e-tail majors like Flipkart and Snapdeal, ...
EU plans migrant quotas, Britain opts out| Reuters
May 14, 2015 at 01:16 | Source:
BRUSSELS The EU announced a plan on Wednesday to distribute asylum-seekers more fairly around its member states and take in 20,000 more refugees, but Britain's newly re-elected Conservative leaders rejected any quota system imposed from Brussels.Shoc...
Pound jumps after Britain's Conservatives lead election
May 08, 2015 at 12:17 | Source:
The British pound jumped on Friday after exit polls showed Prime Minister David Cameron's Conservatives headed for victory, while the dollar won support on hopes for a solid US jobs report later in the day.In Tokyo afternoon trade, sterling fetched $...
Gold falls 2 percent after better-than-forecast U.S. jobs data| Reuters
May 01, 2015 at 01:15 | Source:
NEW YORK/LONDON (Reuters) - Gold fell 2 percent on Thursday after better-than-forecast U.S. jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon.Data on Th...
U.S. data suggest economy picking up steam after weak Q1 | Reuters
Apr 30, 2015 at 23:15 | Source:
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits tumbled to a 15-year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter.The econ...