March 9 (Bloomberg) - Gold and silver rose for the Third time in four sessions as mounting tension in Libya and Higher energy costs boosted demand for precious metals as an investment haven and an inflation hedge.
Muammar al-Qaddafi has stepped up attacks in western Libya Towns That have Risen against him. Crude oil in New York gained as much as 0.9 Percent before easing. Gold climbed to a record of $ 1,445.70 an ounce on March 7
"The sentiment is just positive for gold and silver," said Adam Klopfenstein, a senior strategic market at Lind-Waldock in Chicago. "People Want To Have That fear premium. There's a flight-to-quality for gold and fear in the back-drop That Higher Oil Prices are inflationary. "
Gold for April delivery rose $ 2.80, or 0.2 Percent, to $ 1.430 at 11:55 am on the Comex in New York. Before today, the price gained 27 Percent in the past year.
Wednesday, March 9, 2011
Gold, Silver Prices Rise on Demand for Haven, Inflation Hedge
Toyota sets cautious targets in shake-up
Akio Toyoda, president of Toyota Motor, has Plans Unveiled Thurs StreamLine the Japanese carmaker's management and PURSUE Conservative long-term profit goals as part of an effort to rebuild the company Thurs.
Mr Toyoda, grandson of the group's founder, said on Wednesday is Toyota That Would Seek to get an Operating profit margin of 5 per cent - Higher Than the current level of 2.9 cents Fri, Bout well below the pre-ITS Financial Crisis peak. "It May Be Boring, But we Should Be A Company That CAN EARN Profits, pay taxes and jobs Bust Even under Difficult Conditions."
In 2008, Toyota overtook General Motors Thurs Become The World's Biggest-volume carmaker, only Thurs Suffer ITS first net loss in Six Decades As The Economic Crisis deepened. Soon after, it was hit by quality issues forced That It To Recall Almost 20m vehicles.
Tuesday, March 1, 2011
PPP Punjab leaders reject allegations by Unification Bloc
Lahore: PPP Punjab leaders Rejected the allegations levelled by the Unification Bloc. They threatened Also Thurs expose the PML-N in response.
PPP leaders, Including Neelam Jabbar, Tanvir Ashraf Kaira and Ashraf Sohna spoke at a news conference in Lahore and claimed That the audio tape released by the Unification group was a fake.
Accused Arshad Neelam Jabbar Jutt - a Unification Bloc member - of Demanding RS500 Million for floor crossing during Easy The Governor's rule in Punjab.
Ashraf Sohna said the PML-N had occurred Always Been Involved in horse-trading But Would Not Benefit from it anymore.
Kaira said that they Would soon Provide Evidence to the media about embezzlement in the Finance Department.
For more on this issue follow: punjabtussle
Tuesday, February 22, 2011
GLOBAL MARKETS-Stocks fall, oil gains on Libya fears
U.S. crude at 30-Month Highs is a fear Unrest May Spread
* Global stocks fall as oil Concerns Prompt Growth Worries
* extends the Euro Gains Against the U.S. dollar is a hawkish ECB talk
* Government debt Prices Gain is a safe-haven buying (Adds close of European stocks, Latest Developments, Libya)
By Herbert Lash
NEW YORK, Feb 22 (Reuters) - World stocks Fell on Tuesday as a Growing Revolt in Libya Drove Crude Prices Thurs 1930-Month Highs, prompting the Fears Unrest Could Spread Thurs Other major oil suppliers in the region and harm Global Growth.
Crude Prices surged in New York and London, M Prices for North Sea Brent LCOc1 Touched $ 108.57 a barrel before Paringa somethings Gains. For details see [ID: nLDE71L0ZE]
Gold steadied Prices Above $ 1.400 an ounce and Base Metals Fell as Concerns about oil supplies cooled the appetite for risky assets as Perceived and Drove investors into safe-haven assets Such as Bullion and government debt.
Muammar Gaddafi vowed to die in Libya as a Martyr in a television address on Tuesday as rebel troops said Eastern Regions HAD Turned against him in a Growing Revolt. [ID: nL3E7DM0K1].read more stories at http://www.reuters.com
Wednesday, February 16, 2011
BMW 3 Series Costs $260,000 as Singapore Tax Keeps Cars for Rich
Francis Goh sits in a bronze BMW 335i convertible in a showroom in Singapore, waggling the wheel and feeling the leather. They Is not fazed by the S $ 340.000 ($ 260.000) price tag, five times what the car costs cloudy in the U.S.
"I see the price of a BMW, to me it's a Reasonable," said Goh, adding That May Instead they go for a Mercedes-Benz E200 or Audi A5 Thurs replace his Subaru Impreza WRX.
Record Economic Growth in the city-state is like adding providers Buyers Goh, a 34-year-old worker in the Financial industry, to splash out on Bayerische Motoren Werke AG and Daimler AG autos Even as a 24-fold jump in the cost of a car permit inflates costs. As the government cuts the number of new autos on sale, Prices of Which are Already Among the Highest Globally Look Set to rise further.
