MARKETS

World Gold Council says Chinese demand is driven by market curbs on real estate sector and as a hedge against inflation.

The U.S. dollar’s status as a safe-haven currency in risk aversion mode gains momentum again, as investors avoid risky assets amid intensifying concerns over the euroarea crisis. Besides, other safe-haven currencies such as Japanese yen (JPY) and Swiss franc (CHF), which also attract investors’ attention in risk-off environment, seems to be out of favor as their respective central banks doesn’t intend to see them appreciate.

The euro (EUR) rose against its major counterparts on Tuesday following the release of better-than-expected growth data in Germany and eurozone, although concerns over Greece exiting the eurozone remain intact weighing on the single currency.

Facebook will issue 50 million extra shares to cope with investor demand ahead of its IPO and has confirmed a share price increase.

The downtrend in the euro (EUR) seems set to last in the coming weeks as the single currency continues to come under pressure due to political uncertainty, sovereign debt crisis, and deepening recession in the eurozone.

MetaTrader 5 Platform Linked to Integral FX Grid

Human remains that were found near an unused railway in Liverpool have been identified as a Paula Howslea, who disappeared three years ago.

The booming emerging markets may spearhead a further rise in global stock indexes as the growth spurt enjoyed by some major Western markets since the start of the year declines.

Euro crashes, shares turn red as potential next leader in Greece questions bailout pledges

Forex software developer chooses emc2Trading Solutions as official agent in Brazil to tot up seven international agencies.

The Bank of England (BoE) is expected to take a call on whether to extend its £325 billion quantitative easing to support the economy when it meets this week, as it cannot ignore Britain's above-target inflation even though official data shows the country is back into recession.

Gold continues to rally this year and also in 2013, however according to a poll conducted by Reuters reveal that analysts are withdrawing the earlier forecasts of gold prices crossing a $2,000 an ounce mark.

The euro continued to weaken against the British pound to reach a near-two-year low on Wednesday, after the release of dismal economic data showing that the region is heading towards a deepening recession.

Lead singer of Iron Maiden, Bruce Dickinson, finalises multi-million pound aviation project in south Wales.

Driven by the recovery in investor confidence and risk appetite, Aberdeen Asset Management reported net new inflows of £1.4 billion during the first two months of 2012. The group is scheduled to release its interim results for the six months ended March 31 on Monday, April 30.

The UK confidence index remains same in April compared to last month and the outlook is unlikely to improve, said GfK NOP Ltd on Friday after the data released this week showed the economy sliped back into its first double-dip recession since 1975.

Crown Estate lands to be used for 45 windmills despite such wind farms being criticised earlier by Prince of Wales and Duke of Edinburgh.

Aquascutum's manufacturing plant in Corby has been closed by the administrators of the fashion brand leading to the loss of 115 jobs at the factory.

Forex development giant moves further into smartphone option.

Weather disruptions blamed for decline as investors pull back on shares

Agribusiness and food company, Bunge has confirmed acquisition of Climate Change Capital Group for an undisclosed sum.

The total retail search volumes rose 11 percent in the first quarter of 2012 compared with the same quarter a year ago, providing more evidence of the growing importance of mobile, according to the lastest BRC-Google Online Retail Monitor.

Average asking price for UK homes hits all-time high, according to Rightmove.

Boeing is all set to diverge into a completely different market sector and launch a super secure Android smartphone.

US banking group claims first quarter results are solid and better than analyst forecasts.

The U.K. producer price index for home sales of manufactured products rose 3.6 percent in the year to March 2012, compared to a growth of 4.1 percent in February, according to the latest data released from the Office for National Statistics (ONS).

Britain's trade gap widens more than expected in three months to February as cars and heavy machinery exports to US, Russia and China decline.

Dubai Gold and Commodities Exchange certifies Metaquotes platform.

Major measures such as selling its Indian subsidiary is on the cards for travel giant Thomas Cook for its immediate survival.