HONG KONG (Reuters) – Gold hit a fresh record high on Monday as investors hedged against a weak dollar, while Asian shares gained ground after upbeat reports from U.S. retailers underpinned confidence the global economy is recovering.
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Hedge fund billionaire John Paulson’s firm took a stake in the bank, while cutting holdings in Bank of America and its interest in Goldman Sachs, according to a regulatory filing on Friday.
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NEW YORK (Reuters) – U.S. stocks could face difficulty gaining traction this week as the S&P 500 bumps against the 1,100 mark and investors become content to cool their heels rather than risk losing gains made for the year.
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DUBAI (Reuters) – Dubai Aerospace Enterprise said on Sunday it has reached a $340 million agreement with International Aero Engines, a consortium led by Rolls-Royce and Pratt & Whitney , for A320 Airbus aircraft engines.
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Chinese police have detained dozens of dissidents and political reform advocates ahead of US President Barack Obama’s first visit to China, according to family members and human rights activists
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The rise of a strong, prosperous China can be a source of strength for the community of nations, Barack Obama, the US president, told an audience in Japan on the eve of his first visit to the world’s most populous nation
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Barack Obama conceded that December’s Copenhagen summit would not produce a legally binding agreement to tackle global warming, in a move that prompted groans of disappointment from environmental groups
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Chinese police have detained dozens of dissidents and political reform advocates ahead of US President Barack Obama’s first visit to China, according to family members and human rights activists
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The rise of a strong, prosperous China can be a source of strength for the community of nations, Barack Obama, the US president, told an audience in Japan on the eve of his first visit to the world’s most populous nation
Read Full Story