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HuaweiGold edged higher on Tuesday, a day after touching its highest level of the year, helped by a modestly stronger euro and by caution ahead of the release of key U.S. employment data later this week.
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LONDON - Copper rose on Tuesday as the dollar fell and funds piled into the market, but the metal’s gains remained vulnerable to the debt crisis in Europe, central bank meetings and key macro-economic data this week, including a U.S. job reports on Friday.
BRUSSELS - Europe’s nuclear reactor fleet needs investment of 10 billion to 25 billion euros, a draft Commission report said, following a safety review designed to ensure there is never a repeat of the Fukushima nuclear disaster.
Iraq’s Finance Ministry has begun paying an initial $650 million to Iraqi Kurdistan for oil companies working in the autonomous region, Deputy Prime Minister Rosh Nuri al-Shawish told Reuters on Tuesday.
Nakheel announced on Sunday the launch of its Jumeirah Park residential complex-Legacy type. Spread over 350 hectares, Jumeirah Park features over 2000 villas. Jumeirah Park Legacy will launch today at Nakheel Sales Centre in Al Sufouh Road, Dubai.
Pakistan and India trade will leap forward a great deal, in the wake of three crucial agreements signed in Islamabad last week. Projections differ, as officials estimate trade will rise to $6billion a year after three years. Business puts it as high as $10 billion a year.
T he world is going to be inundated with torrents of dollars and euros in the hope that this incessant flood of liquidity will lift the economies of the US and the euro zone out of the morass of low growth, high unemployment, unnerving uncertainties and sagging confidence among consumers and businessmen.
Pakistan has reduced the prices of petrol, diesel, kerosene oil and CNG (compressed natural gas) in a bid to boost the economy.
China’s manufacturing activity shrank for an 11th straight month in September, HSBC said Saturday, adding to pressure on Beijing to provide fresh stimulus to boost the world’s second largest economy.
Spain’s banks would need €59.3 billion ($76.3 billion) in extra capital to ride out a serious economic downturn, an independent audit of the country’s 14 main banks by consultancy Oliver Wyman showed on Friday.