The US is a piker on penalties for banking wrongs.. UBS had to post bail at euros 1.1 bn ($1.5 bn) before the Swiss bank's trial for aiding money laundering and tax fraud in France.

Both GLD, SPDR Gold, and individual stocks like IAG, IAM Gold, are up more.

The private-side Chinese purchasing manager's index, run by HSBC, rose into growth for June, with a score of 50.8.

I am selling Guangshen Railway, GSH and downgrading all general emerging market yield funds in our portfolio to buy from strong buy, with the exception of FAX. Plus more stock news updates...

Challenged by a reader to prove that Confucius would have opposed today's Chinese familial political corruption despite his stress on filial piety, I was not short of citations.

We are thinking seriously about Ireland because its attractions as a corporate headquarters is becoming notorious. Today Medtronic, a US firm from Minneapolis announced that it would buy Covidien plc...