LONDON, Sept 2- Gold prices fell on Tuesday, breaking through key support at $1,280 an ounce as stock markets firmed and the dollar hit a one-year high against the euro ahead of a European Central Bank meeting this week.» Read More
MOSCOW, May 16- Russia could privatise a 19.5 percent stake in top oil producer Rosneft this year or in 2015, earlier than planned, Russia's Vedomosti newspaper quoted government sources as saying on Friday.
MOSCOW, May 16- Russia could privatize a 19.5 percent stake in top oil producer Rosneft this year or in 2015, earlier than planned, Russia's Vedomosti newspaper quoted government sources as saying on Friday.
MARIUPOL/ KIEV, Ukraine, May 16- In their overalls and hard hats, the latest additions to the heady mix of security forces in Ukraine are the first tangible sign the rebel east's richest son is entering the fray.
BRUSSELS, May 16- Dutch state-owned bank ABN AMRO reported a 30 percent rise in first-quarter underlying net profit on Friday and said loan impairments would take some time to fall to normal levels although should be slightly lower this year. ABN AMRO said loan impairments remained elevated, reflecting the weak state of the domestic economy.
As the most prominent trade group pushing adoption of the electronic currency bitcoin begins its annual conference on Friday, it is being roiled by controversy.
TOKYO, May 16- Japanese government bond prices rose on Friday, sending the benchmark 10- year yield to a 2 1/ 2- month-low, in sync with the rally on U.S. and European bond markets. The 10- year JGB yield fell 1.0 basis point to 0.585 percent, having broken through a key yield support of 0.595 percent and hitting its lowest level since March 4.
*Coming Up: U.S. Housing starts, Building permits April at 1230 GMT. Copper prices have been underpinned by tight supply and falling stocks amid the peak season for demand. "Copper prices have broken out of their recent range, but in the near term I question how much further they can go," said Tim Radford, analyst at adviser Rivkin in Sydney.
At least 10 members of the nonprofit Bitcoin Foundation have resigned over last week's election of onetime Disney child star and current Bitcoin entrepreneur and financier Brock Pierce as a new director, officials at the group said.
NEW YORK, May 16- New Yorkers who rely on the state pension fund for their retirement may be short-changed about $735 million over the next 10 years as a result of Governor Andrew Cuomo's policy of permitting local authorities to defer fund payments so they can fill budget gaps and pay for services such as schools, street lights and police.
NEW YORK, May 16- New York State allows cash-strapped municipalities and other public employers to defer money from the state pension system to offset high contribution rates without raising taxes or making cuts to public services.
NEW YORK, May 16- Two years ago, Denver- based oil and gas driller Bonanza Creek Energy wanted to spread its credit risk and hedge its production- and it called on some regional Main Street banks to help do it. Ohio- based KeyCorp led the lenders and was also among the banks providing hedging.
*Hang Seng Index might have best weekly gain since Sept. *Greentown China up 5.9 pct on Sunac bid to buy 30 pct. HONG KONG/ SHANGHAI, May 16- Hong Kong shares shed early gains on Friday in a consolidation after a rally, but the benchmark index might still produce its best week in more than eight months.
May 16- Alcoa Inc said it had reached a tentative agreement on a new five-year labor contract with the unionized workers at 10 U.S. metal plants shortly before the expiration of their previous labor contract.
*Congress faces worst-ever result, Rahul Gandhi may lose seat. The ruling Congress party alliance was ahead in just 72, according to NDTV news. Rahul Gandhi, who led the Congress campaign, was leading by a slender margin in his seat of Amethi, a family bastion that has been held in turn by his uncle, father and mother, Sonia.
SHANGHAI, May 16- Corruption charges against GlaxoSmithKline Plc executives in China are a warning to other foreign firms and could do irreparable damage to the British drugmaker's Chinese operations, the official Xinhua news agency said on Friday.
*Congress faces worst-ever result, Rahul Gandhi may lose seat. The ruling Congress party alliance was ahead in just 80, according to NDTV news. Rahul Gandhi, who led the Congress campaign, was lagging in his seat of Amethi, a family bastion that has been held in turn by his uncle, father and mother, Sonia.
SINGAPORE May 16- Brent futures held above $109 a barrel on Friday as fresh tensions over Ukraine kept them on course for their biggest weekly rise since mid-April, but returning Libyan supply capped gains.
*Gold holds overnight losses after strong U.S. data. SINGAPORE, May 16- Gold struggled below $1,300 an ounce on Friday as U.S. jobs and factory data indicated brighter prospects for the economy, hurting the metal's appeal as an investment hedge.
HONG KONG, May 16- China's yuan is set to record a small weekly loss against the dollar after posting its strongest week in more than two years last week, as the market awaits clearer signals on direction. The People's Bank of China set the official midpoint at 6.1628, up 0.02 percent from the previous day's 6.1640.
NEW DELHI, May 16- Early counting of results in India's general election put opposition leader Narendra Modi on course for a resounding victory that would hand him a clear mandate for his agenda to revive growth and create jobs. The ruling Congress party alliance was ahead in just 70, according to NDTV news.