Gold erases gains after Bernanke comments

NEW YORK, May 22 (Reuters) - U.S. stocks sharply cut gains after climbing as much as 1 percent earlier as investors parsed comments from Federal Reserve Chairman Ben Bernanke, who was speaking before Congress. The Dow Jones industrial average gained 69.11 ...

China's new leader Xi Jinping will confer with President Barack Obama next month in California, months earlier than their expected first meeting, as both sides seek to stem a drift in relations, troubled by issues from cyberspying to North Korea.

Bank of Japan kept policy steady earlier in the day, and maintained its pledge to increase base money, or cash and deposits at the central bank, at an annual pace of 60 trillion to 70 trillion yen.

Earlier on May 16, Asim Bera, managing director of chit fund company AMCO, died after consuming poison in the garage of his house at Chinsura in Hooghly district following threats by depositors. A Saradha group employee who allegedly misappropriated money ...

While maintaining its earlier position on Syria, US has said the only outcome that is right for the people of west Asian country is the transition from the Assad era to a post-Assad era and strongly believed that Bashar al-Assad has no place in the country's ...

Currency in circulation grew 10.5 per cent year-on-year in the week to May 17, slower than 12.6 per cent a year earlier. MUMBAI: Reserve money grew an annual 8.8 per cent in the week to May 17, faster than 6.7 per cent a year earlier, the Reserve Bank of ...

With reference to the earlier announcement dated May 15, 2013 regarding recommendation of Dividend for the FY 2012-13, Jammu Kashmir Bank has informed that the date of issue dividend warrants to the shareholders of the Bank was mentioned in the Bank's ...

New Delhi : Dabangg Salman Khan looks to finally cement his relationship with the Romanian TV host Iulia Vantur. Earlier, this month the reports got buzzing in that Salman Khan was spotted dating Iulia in Mumbai and was accompanying her everywhere. And now ...

earlier story with no change in text) * India cuts Iranian crude imports 17 pct Dec-April vs previous 6 months * China may reduce Iranian imports 5-10 percent in 2013 * U.S. due to review Asia's waiver extensions on Iran sanctions 3rd time By Nidhi Verma and ...