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Tuesday, bullion prices hovered $1,060, however, sentiment continued to be hurt by worries over fiscal stability in Europe, curbing appetite for riskier assets such as commodities. The gold market's recovery from 3-month lows hit last week has been limited due to technical selling and fund liquidation amid an uncertain economic forecast.

Spot gold rose slightly by o.1% to $1,063.50 per ounce as of 1:38 GMT, compared to New York's notional close of $1,062.80.

Earlier this week Verizon Wireless temporarily blocked traffic from some Web sites affiliated with the 4chan online forum on the grounds that some affiliate sites were apparently launching network attacks.

Following the announcement last week that Ukash, the world’s fastest-expanding prepaid-cash issuing estate, became available directly to consumers in France for the first time, the company has announced it is the largest issuing estate for e-vouchers in France.

Payvision, an international payment solutions provider for the card-not-present marketplace, has entered into a partnership with Sino Payments, Inc. for credit and debit card merchant accounts.

As Payvision offers card-not-present processing services via its secure, PCI-compliant platform for all major credit cards as well as effective alternative payment solutions, Sino will be able to access efficient and convenient international processing solutions that will add tremendous value to the merchant services they offer.

A new research conducted by Benedetto De Martinoa of the California Institute of Technology in Pasadena and University College of London and colleagues and reported in the Proceedings of the National Academy of Sciences revealed the reasons of why people fear to lose money and thus abstain from participating in a winning gamble.

"Laboratory and field evidence suggests that people often avoid risks with losses even when they might earn a substantially larger gain, a behavioral preference termed 'loss aversion'," they wrote.

The global online marketplace eBay in association with BRIDES magazine on engagement, weddings and marriage, are launching "Build Your Bling" contest for women across the country who are invited to create the design of the diamond ring they dream of. At stake is the opportunity to be awarded with the one-of-a-kind rock and ring they designed worth up to $25,000.

The ring is designed via the eBay Diamond Ring Designer. The eBay Diamond Ring Designer delivers access to certified, conflict-free loose diamonds and gorgeous ring settings available on eBay.

In another move to take as strict control over the online content as possible China announced the war against online gambling industry including the banks and websites that support it, the Ministry of Public Security said in a statement.

The statement says that the campaign will "concentrate on investigating major and important cases of online gambling, knock out domestic and foreign groups that organize online gambling, and severely punish the criminal elements.”

This is a scam investment game program which is known as bayes-fc and the admin tries to influence people to join his scam and biasly claims that Bayes Finance Center is a private online investment program and they are working with qualified forex traders from different countries of the world.  

This program has been running since December last year and offers hourly and daily plans which are 105% every six hours within 1 day, 112% every 12 hours within 2 days, and 120% daily for 3 days. According to the reports we received, this program has stopped paying since 5 days ago.

During early Asian session Tuesday, the greenback revealed mixed presence against its major counterparts. While the dollar gained against the yen, it edged down versus the euro and the pound. Against the Swiss franc, the dollar firmed in early trading but reversed the uptrend direction around 7:55 pm ET.

Early on Tuesday in Asia, the Japanese unit lost ground despite most of the Asian stocks fell.

Generally, if stocks decline, the yen tends to gain on Japan's low interest rate and vice-versa. After a weak start and a subsequent recovery from lower levels, the Japanese stock market is plummeting again Tuesday with investors pressing sales amid concerns over the impact of euro zone's sovereign debt woes on the global economy.

According to the reports by the Wall Street Journal who cited sources familiar with the matter Google will launch a new social networking addition to its Gmail Web service as early as this week.

Thus, according to the reports the new social Gmail functionality will supposedly include the following items:

asknet AG, recently ranked as one of Germany's fastest-growing technology companies in Deloitte's "Technology Fast 50" report, reported that now it is offering Alipay as an online payment option to customers in China.

"With Alipay, asknet expands its global eCommerce payment portfolio. We are proud to work with China's leading online payment service. This cooperation will greatly ease our customers' entry into the Chinese digital product market and provide additional value to our existing offering to sell online in China", says Michael Konrad, CFO of asknet.

Lloyds Banking Group is currently in negotiations with private stock companies interested in buying a controlling stake in its Integrated Finance unit.

So Lloyds is in talks with 3i Advent International and Coller Capital over the  Integrated Finance unit.

In December consumers in the United States borrowed less for an 11th consecutive month. Americans contracted their credit card spending while increased borrowing for cars and other products.

This was taken by analysts as a sign that Americans may soon return to spending, a necessary condition for economic recovery.

Monday, during early European session, the alpine currency revealed mixed trading against its main rivals.  The franc thus, lost its ground against the yen and the dollar. At the same time, the franc hit a new multi-week high versus the pound. Meanwhile, the franc traded in a tight range against the 16-nation European currency.