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Gold futures rise on global cues

NEW DELHI: Gold prices rose by Rs 36 to Rs 16,835 per ten grams in the futures market today on steady buying amid a firming global trend. At the Multi Commodity Exchange, gold for June month contract rose by Rs 36 or 0.21 per cent to Rs 16,835 per ten grams with an open interest of 3,382 lots. The metal for delivery in April contract also [...]

GLOBAL MARKETS-World stocks, commodities rise on low rate policy

18/03/2010 4:39:13 AM * Global stocks gain after Fed, BoJ spur risk appetite * Dollar eases after Fed reiterates low-rate pledge * Oil tops $82 as OPEC leaves output targets unchanged * Long-dated Treasuries rise as U.S. producer prices fall (Updates with close of European markets) By Herbert Lash NEW YORK, March 17 (Reuters) - [...]

IMF: chance to overhaul global economy is receding

Nations risk losing a window of opportunity to fix the global financial system in the wake of the credit crisis if they do not push reforms through soon, the head of the International Monetary Fund warned Wednesday. Stressing the need for cooperation, Dominique Strauss-Kahn also noted China's currency, the renminbi, was undervalued but said he [...]

BA slams strike union’s bid for global backing

London, England (CNN) -- British Airways on Wednesday criticized attempts by the union representing the airline's cabin crews to internationalize their planned strike among sympathetic labor organizations around the world. Members of the Unite union have voted to strike for three days from Saturday and then for four more days from March 27, [...]