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Gold risks falling out of bed as $1,525 loomsGold's slide this week to a six-month low has brought it in sight of $1,525 an ounce, a critical support price which, once breached, could fatally reverse its 12-year rise. The metal has bou More… |
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India's exports fall for the first time since 2009India's exports in March fell for the first time since the 2009 global financial crisis as demand weakened in the United States and Europe, further clouding the outlook for the country's balance of payments. More… |
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UAE housing market to sink further says pollA nearly four-year decline in house prices in the UAE won't end this year, as oversupply and concerns over the health of global economy weigh on the market, according to a Reuters poll. Growth in the second largest Arab economy is expe More… |
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Gold set for biggest daily fall in a monthGold was set for its steepest one-day fall in a month on Monday, under pressure from a retreat in investor risk appetite that undermined the euro, although the bullion price remained within sight of last week's seven-week highs. The euro f More… |
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Cancer rates in US keep falling-reportUS cancer death rates are continuing to fall, dropping by 1.8 percent per year in men and 1.6 percent per year in women between 2004 and 2008, according to the American Cancer Society's annual report on cancer statistics released on Wednesday.&nbs More… |
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Euro zone orders see deepest fall in 3 yearsEuro zone industrial new orders slumped in September, the EU said on Wednesday, the deepest fall since December 2008 and far worse than economists had forecast, in the latest sign that Europe may be heading for a recession. More… |
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Gold falls as dollar firmsGold fell by more than 1 percent on Monday, swept lower by a firm dollar and falls in other financial markets as worries deepened about government debt in Europe and the US. Gold has moved in tandem with riskier assets in recent months, in More… |
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Abu Dhabi property 'showing signs of stability'The property market in Abu Dhabi showed signs of stabilisation during the third quarter with apartment rents falling just 6 per cent, compared to 8 and 9 per cent in the previous two quarters, the real estate expert Asteco said in a repo More… |
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Gold rises on euro zone woes; eyes on FedSpot gold gained 0.8 percent on Monday, extending a 1.2-percent rise in the previous session, as worries about a worsening debt crisis in the euro zone and the bloc's future drove investors to seek safety in bullion. &nb More… |
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China inflation fall to 6.2pc as growth slowsChina said its politically sensitive inflation rate softened in August, but analysts warned that price pressures would continue to trouble the government just as world demand slackens. The National Bureau of Statistics (NBS) also said outp More… |
