Gold Prices Drop to 16-Week Low Amid Upbeat US Dollar and Firm Global Equities
Weak demand in leading bullion buyer China also weighs on prices.
Narendra Modi Mania: India Most Loved Equity Market in Asia
Investors betting Prime Minister Narendra Modi's pro-business regime can revive India's growth.
Former Hedge Fund Analyst Matthew Teeple Pleads Guilty to Insider Trading in US
Former hedge fund analyst at San Francisco-based Artis Capital faces maximum of five years in jail.
US Judge Allows LA to Pursue Predatory Lending Case against Wells Fargo
Wells Fargo allegedly gave loans to minority residents and minority communities in LA.
Nestle to Boost Skincare Arm With $1.4bn Valeant Pharma Deal
Valeant says Nestle deal not contingent on the success of its bid for Allergan.
Detroit Bankruptcy: Clearing City's Blighted Properties to Cost $2bn
Detroit Blight Removal Task Force urges city to demolish over 40,000 buildings immediately.
GE Betters Bid for Alstom: French Official
GE CEO Immelt says group to make detailed commitments to boost jobs in France.
China's CNPC Expects to Invest $2bn in Peru after Petrobras Deal
CNPC eyeing $4bn gas pipeline project in southern Peru.
Twitter and Omnicom Ink $230m Mobile Ad Deal
Mobile-focused deal will lock in ad rates and inventory access for Omnicom agencies.
China: President Xi Jinping Emphasises Role of Market Forces in Reforms
President Xi says Beijing must lower direct state intervention in micro-economic activity.
ECB Policymaker: Eurozone Inflation Will Stick Under Target in Short-Term
ECB ready to act on inflation risks amid weak economic recovery in Europe.
Italy's Roberto Cavalli Could Sell Stake to Bahrain's Investcorp
Italian designer Cavalli's firm may command $614m sale value.
Hon Hai Precision to Buy $385m Stake in Asia Pacific Telecom in 4G Push
iPhone assembler Hon Hai Precision eyeing Taiwan's nascent 4G telecoms market.
Betting on Narendra Modi, Foreign Investors to Pump $60bn into India
Investors expect stable Modi government to give Indian economy a big reforms push.
AOL's Project Nautilus Eyes Israeli Startups
AOL to invest at least $100,000 in some 10 Israeli projects at a time.
Shanghai FTZ to Host Sony PlayStation Joint Ventures
Sony and China's Shanghai Oriental Pearl Group to jointly produce and market PlayStation gaming console.
ECB Ready to Act on Inflation Risks: President Mario Draghi
Eurozone inflation will likely average 0.8% in 2014 and 1.2% in 2015.
iPhone Producer Hon Hai Precision Plans $3.1bn GDR Sale
Hon Hai Precision, part of Foxconn Technology Group, to sell up to one billion new shares.
InterContinental Hotels Turns Down £6bn Takeover Bid
Likely bidder Starwood Hotels & Resorts may table higher offer for IHG.
China Sovereign Wealth Fund Could Consider EU Asset Buys if ECB Pumps Fresh Stimulus
China Investment Corporation (CIC) chairman Ding Xuedong says eurozone monetary easing to spell "good news."
GE-Alstom Deal: Deadline Extended to 23 June
Paris examining all-French solution for Alstom, says industry minister Arnaud Montebourg.
Honda Cuts Thai Production and Defers Plant Startup Amid Political Turmoil
Toyota has warned it can kill Thai investment plans if political crisis lingers.
Barclays Tapping Potential Buyers for Spanish Assets
Barclays' European retail business has lost about £2bn over the past four years.
Credit Suisse Sells Bonds Worth $5bn
Swiss banking giant receives $10bn in orders for debt.
India: Jewellery Stocks Surge After Central Bank Further Eases Gold Norms
RBI decision affords permission to over 20 entities, including banks, to import gold.
Bullish Bets on Indian Rupee Surge as Bets on Thai Baht Turn Sour
Political upheaval in India and Thailand propelling nations in different directions.
General Electric Chief Jeff Immelt Bullish About Alstom Deal
GE CEO Immelt says he expects Alstom deal to close.
China and Japan Factory Output Edges Up, Shows PMI
China and Japan log modest improvements in manufacturing activity in May, but overall contraction seen.
Roche Latest Pharma in China Corruption Crackdown
China's pharma sector continues to draw government scrutiny after alleged GSK bribery scandal.
India Reforms Drive: PM-Elect Narendra Modi Mulls Breakup of Behemoth Coal India
Barclays estimates Indian mining sector needs $20bn in investment.
