Market News

In the days to come, lower discretionary spending is likely to keep the watch business performance muted

The capital goods index rises 0.61% to be biggest gainer while metal index was biggest loser, falling 0.56%

China's local-government debt may have skyrocketed to about 20 trillion yuan ($3.3 trillion) at the end of 2012, or nearly double from 2010, the state-owned Global Times newspaper reports, citing a new report by the Chin...

The strong balance sheet gives it the ability both to invest in growing its business and to respond to new opportunities in the market. In sum, strong growth of lighting products in the revenue mix has reduced volatility...

Average annual prices for 15 of 23 non-energy commodities are expected by analysts to be higher in 2014

(Kitco News) - Gold prices ended the U.S. day session with modest gains Tuesday, on a short-covering bounce following recent selling pressure. Trading was quiet ahead of the Christmas holiday on Wednesday. The gold and ...

Most investing pros expect 2013's upward trend to continue but slow in 2014 -- yet not for every stock.

Facebook is now a component of the S&P 500 index, but it has already been acting as a bellwether stock for several months. The company now sports an entire year of consecutive earnings growth and has captured the attenti...

Market regulator amends norms, allows shelf prospectus for the issuance of non-convertible debentures

The brilliant Nouriel Roubini, the swashbuckling NYU economist who predicted the disastrous credit and housing bubble in the U.S. during 2008, told me yesterday he sees "frothiness" not a bubble in some sectors of the U....

Editor's Note: Check out Kitco's full 2014 coverage.

(Kitco News) - Gold prices are firmer on a modest short-covering bounce following recent selling pressure, in subdued pre-holiday trading early Tuesday. The gold and silver market bears remain in firm technical command....

China's Third Plenum concluded last month with Beijing's leaders vowing to ease up on state control of the world's second-biggest economy -- and to give supply and demand greater influence over commodity prices. Which be...

Shareholders of Consolidated Edison (NYSE: ED) looking to boost their income beyond the stock's 4.5% annualized dividend yield can sell the January 2015 covered call at the $57.50 strike and collect the premium based on ...

Shareholders of Reynolds American (NYSE: RAI) looking to boost their income beyond the stock's 5.1% annualized dividend yield can sell the May 2014 covered call at the $50 strike and collect the premium based on the $1.5...

Shareholders of Airgas (NYSE: ARG) looking to boost their income beyond the stock's 1.7% annualized dividend yield can sell the February 2014 covered call at the $115 strike and collect the premium based on the $1.35 bid...

By Dee Gill

Dow Jones rises 0.39%, S&P 500 gains 0.29%, Nasdaq adds 0.16%

A strong rally in financial markets over the past two months is expected to add a last-minute boost to bonus packages for Wall Street's traders and investment bankers, partially offsetting an otherwise grim year.

Between 15 Nov and 13 Dec, bank deposits increased by `1,345 crore, while bank credit went up by `514 crore

Facebook posted impressive gains yesterday of 4.8% to put in a new high at $58.32. Use this pivot high as the new point of reference to trade around. This is not a spot to get heavy as those tactical entries already trig...

China's banks are a different kind of breed of financial institution. They enjoy lucrative interest margins during good times and the state is there to clean up during when things go south. In fact, the former chief econ...