European shares modestly down on Friday, up for the week.

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Source: Marketwatch
European stocks closed lower on Friday, as investors anticipated negatively the lingering Greek debt talks. On weekly basis, however, most stocks gained. Stoxx 600 ended 0.3% down at 255.85, while UK FTSE 100 closed 0.2% lower at 5,728.55. Both French CAC 40 index and German DAX also finished 0.2% down at 3,321.50 and 6,404.39 respectively. 
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Mon, 23 Jan 2012 10:27:14 GMT

Gold edges up in holiday trade

Gold eased up on Monday at the holiday trading as China, Singapore, Indonesia and Malaysia are closed for Lunar New Year. COMEX gold futures for delivery in February traded at USD1,664.95 a troy ounce, on the New York Mercantile Exchange, adding 0.06% since opening.

Mon, 23 Jan 2012 11:52:30 GMT

China's fiscal income record high in 2011

China's fiscal income achieved a record high level of 10.37 trillion Yuan last year, reflecting 25% increase from the preceding year, according to the Ministry of Finance. Analysts suggest that the accelerating revenues growth may allow more tax reductions and economic stimulus to prevent hard lending. At the same time, fiscal spending attained 10.89 trillion Yuan last year, indicating an

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