Can gold really surpass $2,000 this year? Citywire | After reaching $1,920 in the third quarter, gold's rally came screeching to an abrupt end and closed last year sub-$1,600 an ounce. | Prices also dropped through their 200-day floor - a bearish indicator not seen since 2008. Adding to gold bugs' fears was the dramatic fall-off in specu...
RON DERBY: Fed sees cheap money will be around for a while Business Day | WITH the promise of cheap money — for much longer than expected — from the US Federal Reserve (Fed), the fundamentals to support stronger equity and currency markets have been set. The dovish comments made by Fed governor Ben Bernanke will also hold up gold this year. | The Fed predicted low i...
Xander Group founder Siddharth Yog gifts $11 million to Harvard Business School The Times Of India NEW DELHI: On the 11th day of the 11th month of 2011 at 11.11 am, Siddharth Yog gifted $11 million as 'guru dakshina' to his professor Arthur I Segel at the Harvard Business School, his alma mater. He added a dollar to that amount as 'shagun', or a t...
Facebook may file for IPO next week: Reports The Times Of India NEW YORK: Facebook may file papers for an initial public offering next week that would value the social network at up to $100 billion, The Wall Street Journal reported on Friday. | The newspaper, citing people familiar with the matter, said Facebook ...
Warren Buffett's Secretary Speaks Wall Street Journal By BRENT BAKER | From the Media Research Center | The secretary speaks," ABC fill-in anchor David Muir excitedly teased at the top of Wednesday's World News, "billionaire investor Warren Buffett and his secretary, who pays a much-higher tax rate than...
Small offices look ripe in business districts of top cities Gulf News | Dubai: For retail investors, choices in the commercial property sector are to some extent limited because a majority of the space is in large or mid-size projects. A few developers have now started building offices for sale, targeting end-user...
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Oil up as Fed sees low rates through late 2014 The Guardian (Corrects contract delivery date in paragraph 8 to March.) * US Fed says will keep rates low until late 2014 * US weekly crude stocks rise 3.56 mln barrels -EIA * Coming Up: U.S. w...
Semi-Tough: The President's State of the Union Address Huffington Post | Last night in his State of the Union, President Obama presented himself as the champion of the American dream, or in his words, "the American promise" -- "that if you worked hard...
Remarks by the President in State of the Union Address WorldNews.com (Transcript of President Obama's State of the Union Address) | Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: | Last month, I wen...
Kim Dotcom: Power of money put to test NZ Herald | Ten years ago Kim Dotcom arranged for a film crew to record an extravagant holiday in Monaco. The German, generally dressed all in black, was the ubiquitous star, appearing with props befitting a Bond movie: super cars, luxury yachts, swimming pool...
How to make millions and save the world NZ Herald | Promising science and technology companies are in and out of fashion so fast it is hard keep up with them all. | It doesn't help that most of them have names that make them sound like sci-fi villains or Austrian techno DJs. | The science can also b...
Brian Gaynor: Shareholders must battle inequality NZ Herald | Excessive executive remuneration and income inequality will continue to be major issues this year as they are at the heart of growing criticism of our capitalist system. | This was highlighted again during the week in United States President Barack...
Earn rent even on a vacant apartment The Hindu Buying a property in India has been an investment, quite lucrative since ages. Since it meets most of the ideal tenets of investment such as safety, returns,liquidity, asset appreciation,and tax savings, real estate is considered an attractive asset passed on through generations. | Land is not created anymore and therefore is an asset with in-built...
Investors will be watching this week: Can rivals match Wintrust loan growth? Chicago Business | (Crain's) - Wintrust Financial Corp., the Chicago area's third-largest bank holding company, is setting a torrid pace for its local mid-sized competitors, which are set to report fourth-quarter results this week. | Lake Forest-based Wintrust increased its commercial and industrial loans by $161 million and its total loans by $356 million in fourt...
