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Spot gold rose 0.7 percent on Monday, extending the previous session's 1.2-percent rise, as investors worried about euro zone's debt crisis sought safe haven in bullion, while sluggish U.S. consumer sentiment data lent support.** more...

The yen fell more than 1.5 percent on the dollar in Asia on Thursday after Japanese authorities intervened to stem its strength which was harming the economy of the export-led country. more...

Greece's private sector creditors have agreed to take a 21 percent loss on their bond holdings as part of a 37 billion euro contribution to Greece's rescue plan agreed on Thursday. more...

Gold prices rose 0.5 percent in Europe on Monday, supported by a rebound in the euro versus the dollar, and as investors took advantage of the metal's dip to six-week lows last week to buy into the market. more...

Bank chiefs’ average pay in the US and Europe leapt 36 percent last year to $9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector. more...

The European Central Bank has kept interest rates on hold at 1.25 percent, and the markets are now waiting for the signal that it will continue with its monetary policy normalization in July, if president Jean-Claude Trichet says that the bank will remain "strongly vigilant" on inflation. more...

Paulson & Co, the world’s third-largest hedge fund, saw the value of its flagship fund drop close to 6 percent in May, the FT reports. more...

Just 20 percent of the Greek electorate believe the country should abide by the terms of the European Union/International Monetary Fund loan agreement and pay off all its debts, according to a poll in a Greek newspaper. more...

Gold surrendered early gains to trade flat on Friday as the dollar strengthened and expectations mounted that U.S. inflationary pressures eased in April. more...