Articles Written by:    ATUL PRAKASH     

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European shares fall for 3rd day; led by financials, miners

London: European shares fell for a third straight session to hit a two-week low on Wednesday on renewed concerns about the health of the financial sector and on worries the stock market rally has gone too far too fast. Banking stocks were the worst hit ...

From ATUL PRAKASH, livemint.com,  2 Sep 2009
Related Topics: Swedbank,  Natixis,  American International Group,  Barclays,  Aegon NV

European shares ahead for 10th day; at 8-month high

London: European equities raced higher for a 10th straight session on Friday, hitting a new eight-month peak as better-than-expected economic data prompted investors to rush for banking and telecom shares. The market brushed aside poor results from ...

From ATUL PRAKASH, livemint.com,  24 Jul 2009
Related Topics: Barclays,  Microsoft Corporation,  Royal Bank of Scotland,  BNP Paribas,  Royal Dutch Shell

Banks, commodities drag European stocks down

London: European shares slipped in early trade on Wednesday after hitting a five-month high in the previous session, with the banking sector extending Tuesday’s losses and commodity shares retreating. At 0831 GMT, the FTSEurofirst 300 index of top ...

From ATUL PRAKASH, livemint.com,  3 Jun 2009
Related Topics: Barclays,  Tullow Oil,  BP p.l.c.,  Royal Dutch Shell,  BG Group plc

Chartists see a late 2009 recovery

LONDON: European shares will decline again next year and, although there will probably be less volatility, it could be late 2009 before a sustained recovery starts, according to analysts who use technical charts to predict behavior of ...

From ATUL PRAKASH, International Herald Tribune,  15 Dec 2008
Related Topics: FTSE,  Barclays

Gold prices rebound on U.S. dollar drop

LONDON Gold prices climbed on Monday as investors took advantage of a slight fall in the dollar to snap up the metal, but weaker oil prices capped gains. Investors awaited U.S. economic data that is likely to affect the dollar and, in turn, precious ...

From ATUL PRAKASH, Globe and Mail,  2 Jun 2008
Related Topics: David Holmes

Gold prices fall 2%

LONDON Gold extended losses to trade below $900 (U.S.) an ounce on Wednesday, as a sharp decline in oil prices lowered the metal's appeal as a hedge against inflation. Other precious metals followed gold, with platinum slipping more than 3 per cent, ...

From ATUL PRAKASH, Globe and Mail,  28 May 2008

Gold falls with U.S. dollar rise

LONDON Gold fell on Monday after erasing overnight gains, as the dollar's recovery against key currencies lowered the metal's appeal as an alternative investment. The metal, traditionally seen as a safe-haven asset, did not react to news that an ...

From ATUL PRAKASH, Globe and Mail,  12 May 2008
Related Topics: Deutsche Bank

Platinum hits 7-week high

LONDON Platinum jumped 4 per cent to a seven-week high on Friday on investor buying ahead of the launch of platinum exchange-traded notes (ETNs), while gold hit a one-week peak on a weaker dollar and record high oil prices. Investment bank UBS will ...

From ATUL PRAKASH, Globe and Mail,  9 May 2008
Related Topics: CNBC

Gold prices edge higher

LONDON Gold ticked higher on Thursday helped by strong oil prices, but a firmer dollar capped gains and prompted investors to trade cautiously ahead of key U.S. economic data. Gold was quoted at $871.65/872.35 (U.S.) an ounce at 1022 GMT, against $870.8 ...

From ATUL PRAKASH, Globe and Mail,  8 May 2008
Related Topics: Lehman Brothers,  Federal Reserve,  Jean-Claude Trichet,  Lonmin

Gold firms on bargain-hunting, record oil

LONDON Gold extended gains on Tuesday on bargain hunting and record-high oil prices, which enhanced the metal's appeal as a hedge against inflation. Bullion's fall to a four-month low of $845 (U.S.) an ounce on Friday also spurred buying from the ...

From ATUL PRAKASH, Globe and Mail,  6 May 2008
Related Topics: Daniel Hynes,  Merrill Lynch

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