Hedge fund manager battles to save Sears

Eddie Lampert, one of America's wealthiest hedge fund managers, is battling to save Sears after one of the country's oldest department chains saw sales plunge over Christmas.


ING shelves trade sale of Belgian insurer

Instead, ING's Belgian insurance operations will be included in the European and Asian business, which is being readied for an eventual listing, the person told Reuters.


Gold trading frenzy clampdown

Gold exchanges in China outside of two in Shanghai are to be banned, authorities said in a statement released on Tuesday.


Russian reserves stage biggest weekly fall since Jan '09

According to Artyom Biryukov, an analyst at HSBC, the central bank lost $4.2 billion from a negative reassessment of its gold position in reserves and another $6.6 billion from currency moves mostly in euro and sterling.


Chinese Cut Back on London Luxury Homes Purchases

Buyers from the world’s second-largest economy accounted for 4.9 percent of sales in Chelsea, Kensington, Knightsbridge and Belgravia in the three months through September, down from 12.6 percent in the previous quarter,


Will silver hit $50 per ounce next year?

As of right now, silver price is hovering right around the $35 per ounce price range, with a short-term forecast of $35-$40 through year-end, as well as a price above $50/oz by the end of 2012. This according to Thomson Reuters GFMS's Philip Klapwij


Silver bullion can beat hyperinflation

Investors do not want to hold money in banks these days, fearing a bank run. Moreover, the financial situation in the US is not getting better.


The Hottest Prime Property Markets Around The World

Investors looking to broaden their portfolio are always on the hunt for prime property. But luxury home prices are beginning to ease as the rout in the global economy is hurting home prices.