Gold and Silver Stumble After FOMC Minutes

On Thursday, gold (NYSEARCA:GLD) futures for February delivery, the most active contract, fell $14.20 to settle at $1,674.60 per ounce, while silver (NYSEARCA:SLV) futures for March dropped 29 cents higher to close at $30.72.Both precious metals took a pause after strong gains to start the year, but declined even harder as the Federal Reserve tries to keep the market guessing on its massive bond purchasing programs.The newly released Federal Open Market Committee minutes show that policymakers a...

Read the source article

Analysis: High speed trading a stiff challenge for U.S. regulatorsComments Off

Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes.

Analysis: Little sign Abe can shake up Japan’s inbound FDIComments Off

Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades.

Insight: Despite curbs, China’s vast hot money triangle flourishesComments Off

ZHUHAI, China/HONG KONG (Reuters) – In an underground mall just a stone’s throw from China’s teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of the…

Yahoo’s board approves $1.1 billion Tumblr acquisition: WSJComments Off

Yahoo Inc’s board has approved a deal to buy blogging and social networking site Tumblr for $1.

South Africa Mine Union Submits Demand for Higher WagesComments Off

South Africa’s National Union of Mineworkers said Sunday that it had submitted a demand for upcoming gold and coal-sector wage talks, kick-starting what is likely to be a fraught process.