LONDON - Gold prices held near $1,620 an ounce on Thursday as investors geared up for a statement from US Federal Reserve Chairman Ben Bernanke later, which will be closely watched for clues as to the future direction of US monetary policy.
LONDON - Britain will demand safeguards to protect its financial sector if the euro zone forms a banking union, its finance minister said on Thursday, placing another obstacle in front of the European Central Bank’s efforts to fix a deepening debt crisis.
BERLIN — German Chancellor Angela Merkel pushed for a stronger European political union Thursday amid growing international calls for action as fears of a Spanish banking meltdown fuelled the eurozone crisis.
SINGAPORE/PARIS - Chicago soybeans gained more than 1 percent on Wednesday, rising for a second straight session, with support from tightening South American supplies and a lower-than-expected rating for the US crop.
Air India is expected to take delivery of three Dreamliner aircraft from Boeing Co (BA.N) this month, civil aviation minister Ajit Singh said, after the two companies agreed on a compensation package for the delayed order.