iPhone | iPad
Android
HuaweiGold held steady above $1,600 an ounce on Friday, on course for its biggest weekly gain in more than a month, after European Central Bank President Mario Draghi signalled the bank would do whatever was necessary to hold the euro zone together.
KT APPDOWNLOAD
MORE FROM Markets
Gold held steady above $1,600 an ounce on Friday, on course for its biggest weekly gain in more than a month, after European Central Bank President Mario Draghi signalled the bank would do whatever was necessary to hold the euro zone together.
Asian shares rallied on Friday, led higher by a strong result from smartphone giant Samsung Electronics, after the European Central Bank rejuvenated risk appetite and steadied the euro by signalling its resolve to defend the euro zone.
World stocks extended gains and the euro edged higher on Friday as markets bet on new intervention from the European Central Bank to help stop debt market pressure on peripheral euro zone countries from spiralling out of control.
French car maker Renault said it would work harder to conserve cash, after Europe’s auto-market slump hit first-half profit at the core automotive division.
SAN FRANCISCO — Apple fell after reporting iPhone sales that missed analysts’ projections, underscoring the computer maker’s reliance on demand for the smartphone.
The gloomy global economic outlook is taking a heavy toll on some of Germany’s mighty industrial firms, with Siemens on Thursday warning on profits and BASF complaining weakness in China was hitting orders.
DUBAI — Dubai’s benchmark stock index gained the most in almost a week as oil advanced after a Chinese manufacturing index signalled the economic slowdown may be easing in the world’s second-largest crude consumer.
NEW YORK — Ford, the second-largest US automaker, said Wednesday second-quarter profit dropped sharply, as losses in Europe and overseas cut into North American gains.
LONDON - Gold prices rose on Wednesday after European Central Bank policymaker Ewald Nowotny said he could see grounds for giving Europe’s rescue fund a banking licence, lifting the euro off lows versus the dollar and pushing stock markets higher.
