Davos

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Stocks fall, dollar up after death of Kim Jong-il

TOKYO - Asian equities and U.S. stock index futures fell, with South Korean shares tumbling as much as 5 percent, while the dollar gained on safe-haven appeal after news of the death of North Korea leader Kim Jong-il raised fears of regional instability. | Video

Recent Davos News

Tokyo's Nikkei share average closes down 1.26 percent

TOKYO - Japan's benchmark Nikkei average

1:01am EST

Time short for S&P; to end 2011 higher

NEW YORK - With two weeks left in the trading year, the euro-zone debt crisis will remain the primary impediment to pushing the S&P; 500 index into positive territory for 2011.

18 Dec 2011

Gold to drop in Q1, far from retesting record high: Reuters poll

NEW YORK - Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders.

18 Dec 2011

Reflections of a Davos wife

A logo of the World Economic Forum (WEF) sticks on a window as a man walks past at the congress centre in the Swiss mountain resort of Davos January 24, 2011. REUTERS/Arnd Wiegmann

The deepest fear of the Davos man

The deepest fear of the Davos man is not fear of failure or of giving a boring speech but of falling. Not falling from the heights of being at a great confab of businessmen but of slipping on the ice, says writer and Davos wife Anya Schiffrin.  Full Article 

World News

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North Korean leader Kim Jong-il dead, son hailed as heir

SEOUL - North Korean leader Kim Jong-il died of a heart attack while on a train trip, state media reported on Monday, sparking immediate concern over who is in control of the reclusive state and its nuclear program.

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