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Indian gold imports fall Rs60 billion

  New Delhi / Bloomberg Indian gold imports slumped for the third straight month in April as a rally in prices sapped demand, according to a person familiar with provisional Finance Ministry data. Overseas purchases fell 74 percent to about 22.3 metric tons valued at 60 billion rupees ($901 million), compared with 84.3 tons or 193 billion rupees a year ...

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Strike over pension reforms and tax hikes paralyses Greece

  Athens / AFP Public transport ground to a halt in Greece as trade unions launched a 48-hour general strike against government plans to overhaul pensions and increase taxes, as demanded by international creditors. No trains were running across the country, and boats linking the Greek mainland to the islands were anchored at ports. In the capital Athens, the metro, ...

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Pound bears looks to data, BOE after ending 3-week rally

  Bloomberg Pound bears who have made the British currency the worst performer among developed nations in 2016, will have a raft of economic data and a Bank of England policy statement next week to help them assess whether gloom is still justified. Bulls retreated, as sterling snapped a three-week gain versus the dollar that was driven by easing concern ...

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