United States


UPDATE 1-U.S.-based gold, stock funds suffer withdrawal in latest week -Lipper

(Adds data on mutual funds and ETFs, context, analyst quote, table, byline) By Trevor Hunnicutt NEW YORK, Oct 27 Investors pulled $902 million from U.S.-based funds invested in gold and other precious metals, Lipper data for the latest week showed on Thursday, as a stronger dollar and interest-rate hike fears weighed on the safe-haven asset. The outflows pushed the funds to their highest level of withdrawals since December 2013. Bets that the U.S. Federal Reserve w

U.S. eyes long prison term for Wall Street scion's fraud

NEW YORK, Oct 27 U.S. prosecutors on Thursday said Andrew Caspersen, the scion of a wealthy Wall Street family, should spend as long as 15-2/3 years in prison after he pleaded guilty to defrauding friends, family and a charity out of more than $38 million.

UPDATE 2-China's ZTO Express falls in market debut

Oct 27 Shares of Chinese package delivery company ZTO Express fell 15 percent from the company's IPO price in its U.S. market debut on Thursday, despite having raised more than expected at $1.4 billion the night before.