Gold expected to climb following rise of ETP holdings

Note: This section contains information in English only.
Source: Bloomberg
Gold is likely to gain after intensified investments demand  and speculation about banks' intention to boost economic growth. Cash gold was slightly changed, rising by 1.3% to trade at USD1,618 per ounce. Meanwhile cash silver dropped 0.6% to USD28.10 per ounce. Spot platinum was almost  unchanged, trading at $1,487.87 an ounce while palladium advanced 0.9% to USD605.60 in the last two days.
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Wed, 04 Jul 2012 09:27:36 GMT

Nikkei 225 prolongs gains on easing hopes

Japanese shares traded higher for the second straight session lifted by hopes ECB and PBOC will intervene to support growth. Nikkei 225 index climbed 0.41% or 37.58 points and finished at 9,104. Inpex Corp, Japan's biggest energy provider, surged 2.9% after oil reached a one-month high amid renewed tensions in Iran. On the downside JFE Holdings the country's second-largest steelmaker,

Wed, 04 Jul 2012 12:16:37 GMT

Manchester United registers for an IPO

UK soccer club Manchester United Ltd. has announced its plans for an initial public offering, seeking for $100m in new investments. Documents presented together with the Securities and Exchange Commission said that that the club was to enter the New York Stock Exchange after refusing a $1bn flotation on the Singapore stock market last year. Man United documented a profit

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