World News
Dollar cedes ground as Aussie leads the pack
* Dollar slips after Aussie jumps on rate expectations * Focus also on US earnings after Alcoa beats expectations * Dollar/yen hovers above 8-month low of 88 yen * ECB, BoE meetings ahead, euro gains seen limited By Charlotte Cooper TOKYO, Oct 8 (Reuters)...
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Gold extends gains above $1,000/oz as dollar slips
* Dollar weakens after G7 meeting, boosting interest in gold * Jewellery demand picks up in India ahead of Diwali * SPDR Gold Trust reports inflow of bullion (Updates prices, adds comment) LONDON, Oct 5 (Reuters) - Gold prices rose in...
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Mazda to raise $1.1 bln, narrows loss forecast
* To raise up to 95.9 bln yen for R&D of low-emission cars * Issue to boost number of shares outstanding by up to 26 pct * Narrows 2009/10 loss forecast on stronger euro, cost cuts (Recasts with more comments, background) TOKYO,...
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GLOBAL MARKETS-Asian shares retreat, high yield currencies gain
* Japan shares rise, bucking weakness across rest of Asia * Dollar loses ground to higher-yielding currencies * Hong Kong’s biggest IPO this year slumps 13 pct * European, US futures indicate weak start By Susan Fenton HONG KONG, Sept 24 (Reuters) - Asian...
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US dollar slumps to one-year low vs euro before Fed, G20
* US dollar sags under weight of global imbalances pre-G20 * Fed outlook also weighs on dollar, euro at 1-year high * Market sentiment firmly to sell dollars on any rally (Updates prices, adds comment, detail) By Steven C. Johnson NEW YORK, Sept 22...
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Oil Edges Lower With New Hints of Slow Rebound
Oil prices edged lower on new government data that indicated a slow economic recovery. That would mean less demand for energy in the near term and potentially low-priced gasoline and heating gas for some time. Benchmark crude for October delivery slipped...
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Gold price charges towards record high
Gold prices jumped this week to within grasp of record highs above $1 000 (R7 500) an ounce on the back of a weak dollar and mounting economic optimism, while oil prices also edged higher. The euro hit $1.4767 dollars on Thursday,...
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Gold hits fresh record, oil rises above $71
LONDON: Gold hit a fresh record high on Thursday as the dollar struggled, while emerging market stocks climbed to their highest level this year. Wall Street looked set for a buoyant start and European shares were around 1 percent higher,...
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Dollar gets a reprieve after Bernanke remarks
The U.S. dollar rose on Friday, with comments from Reserve Chairman Ben Bernanke that indicated monetary policy might have to be tightened as a recovery takes hold, helping to pull the greenback off 14-month lows against a basket of currencies. The...
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