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Hong Kong opened higher but dipped into negative territory at the end, partly because of increasing concern about the Greek debt crisis.

It was still consolidation city for Chinese stocks Friday as investors wait for signals from corporate results to get a new direction.

The European crisis is in remission and U.S. economy gaining traction, but many stocks need a correction consolidation after big moves up making a correction likely.

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The Reserve Bank of India late Monday admitted that the recent hike in its policy rates would affect growth in the near-term but maintained it would consolidate in the medium-term.

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Leading biotech firm Biocon on Thursday reported consolidated net profit of Rs.81 crore for fourth quarter (Jan-Mar) of fiscal 2009-10, registering a whopping 224 percent growth year-on-year (YoY) from Rs.25 crore in same period year ago.

In a bid to consolidate its position as India's largest private lender, the board of ICICI Bank Sunday approved the merger of the Bank of Rajasthan with itself in a swap deal valued at Rs.3,000 crore ($650 million) without any cash outgo.

Pharma major Ranbaxy Laboratories Tuesday reported a consolidated net profit of $210 million (Rs.963.1 crore) in the January-March quarter of 2010 against a loss of $153 million (Rs.761 crore) in the corresponding period last year.

Finance Minister Pranab Mukherjee has suggested that as nations recovering from global recession undertake fiscal consolidation, fiscal exits could be staggered and be country specific, depending on market conditions in each country.

Hyundai Motor plans a $550 million diesel engine plant in India with locally-sourced components to give customers a wider choice and consolidate its position as the country's largest exporter of passenger cars, top officials said.

Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries. Many European countries implemented gold standards in the latter part of the 19th century until these were dismantled in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibility of the United States dollar to gold and made the transition to a fiat currency system. The last currency to be divorced from gold was the Swiss Franc in 2000.trade4target systems are simply systems that base trades off of breakouts of recent consolidation areas.Since 1919 the most common benchmark for the price of gold has been the London gold fixing, a twice-daily telephone meeting of representatives from five bullion-trading firms of the London bullion market. Furthermore, gold is traded continuously throughout the world based on the intra-day spot price, derived from over-the-counter gold-trading markets around the world (code "XAU"). The following table sets forth the gold price versus various assets and key statistics:

The deal comes amid a broader shake-up in the corporate setup of the healthcare industry, which earlier in the year saw consolidation among major insurance providers when Anthem purchased Cigna and Aetna acquired Humana.

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The new scheme of restructuring will further simplify the group structure by removing any cross holdings between Borosil Glass and Gujarat Borosil.