• Gold ends lower on falling oil, strong dollar

    Gold ends lower on falling oil, strong dollar

    06/07/2009 05:00

    Gold futures on the COMEX Division of the New York Mercantile Exchange fell on Monday as oil plummeted on demand worries and the U.S. dollar went up. Silver and platinum both finished lower. Gold price for August delivery lost 6.70 U.S. dollars, or...

  • FDA food recall over tainted milk

    FDA food recall over tainted milk

    06/07/2009 05:00

    America’s Food & Drug Administration (FDA) has recalled a number of milk products after fears that some might be contaminated with salmonella. “There are no illnesses that we are aware of,” said FDA spokeswoman Stephanie Kwisnek last week, adding...

  • Bank of China to transact first cross-border yuan settlement Monday

    Bank of China to transact first cross-border yuan settlement Monday

    05/07/2009 05:00

    The Bank of China (BOC), China’s largest foreign exchange bank, will transact the first cross-border yuan trade settlement deal Monday, a source with the bank said Sunday night. The BOC Shanghai branch would receive the first cross-border yuan...

  • Chinese mainland A/H1N1 flu cases exceed 1,000

    Chinese mainland A/H1N1 flu cases exceed 1,000

    05/07/2009 05:00

    The Chinese mainland confirmed 42 new cases of A/H1N1 influenza in the 24 hours ending 6 p.m. Saturday, bringing the total to 1002. Staff members check temperatures of passengers at the Maweigang dock in Fuzhou, capital of southeast China’s...

  • Antarctica melting faster than expected: scientist

    Antarctica melting faster than expected: scientist

    05/07/2009 05:00

    New Zealand scientists have warned that Antarctica is melting faster than expected. Professor Peter Barrett of Victoria University ’s Antarctic Research Center told the annual Antarctic Conference, held on July1-3 in Auckland , that...

  • Energy-pioneering Austrian town exports its model

    Energy-pioneering Austrian town exports its model

    05/07/2009 05:00

    The exterior of a new European Center for Renewable Energy plant that produces gas from wood in Guessing, southeastern Austria, paving the way toward new possibilities in renewable energy. After 20 years...

  • India looks to cut out middlemen on gold

    India looks to cut out middlemen on gold

    05/07/2009 05:00

    A woman admires gold jewelry on display in Mumbai. Gold has long had a special attraction for Indians. Loaded with cultural and religious significance, it is considered an auspicious metal and a visible sign of...

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