1. طارق جبور

    Gold Up 0.7 Percent on Safe-Haven Interest

    Spot gold rose 0.7 percent on Monday, extending the previous session's 1.2-percent rise, as investors worried about euro zone's debt crisis sought safe haven in bullion, while sluggish U.S. consumer sentiment data lent support.** more...
  2. طارق جبور

    Yen Falls More than 1.5 Percent Versus Dollar After Intervention

    The yen fell more than 1.5 percent on the dollar in Asia on Thursday after Japanese authorities intervened to stem its strength which was harming the economy of the export-led country. more...
  3. طارق جبور

    Greece Private Creditors Take 21 Percent Loss in Rescue

    Greece's private sector creditors have agreed to take a 21 percent loss on their bond holdings as part of a 37 billion euro contribution to Greece's rescue plan agreed on Thursday. more...
  4. طارق جبور

    Gold Up 0.5 Percent as Weak Dollar Fuels Bargain Hunting

    Gold prices rose 0.5 percent in Europe on Monday, supported by a rebound in the euro versus the dollar, and as investors took advantage of the metal's dip to six-week lows last week to buy into the market. more...
  5. طارق جبور

    Bank Chiefs' Average Pay Rises by 36 Percent

    Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector. more...
  6. طارق جبور

    ECB Holds Rates at 1.25 Percent, May Signal July Hike

    The European Central Bank has kept interest rates on hold at 1.25 percent, and the markets are now waiting for the signal that it will continue with its monetary policy normalization in July, if president Jean-Claude Trichet says that the bank will remain "strongly vigilant" on inflation. more...
  7. طارق جبور

    Paulson $9 Billion Hedge Fund Falls 6 Percent in May

    Paulson & Co, the world’s third-largest hedge fund, saw the value of its flagship fund drop close to 6 percent in May, the FT reports. more...
  8. طارق جبور

    Just 20 Percent Back Greek Austerity: Poll

    Just 20 percent of the Greek electorate believe the country should abide by the terms of the European Union/International Monetary Fund loan agreement and pay off all its debts, according to a poll in a Greek newspaper. more...
  9. طارق جبور

    Gold Rises, Silver Up 3 Percent as Dollar Retreats

    Gold surrendered early gains to trade flat on Friday as the dollar strengthened and expectations mounted that U.S. inflationary pressures eased in April. more...