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Spain's fragile monarchy grapples with ex-king's woes

Spain's scandal-tainted ex-king Juan Carlos has moved abroad to try to protect image of the monarchy, a fragile institution whose popularity is falling but which enjoys strong protection under the constitution. With his Swiss bank accounts under investigation in Geneva and Madrid, the...

Shares retreat globally on US-China tensions, gold soars

Shares worldwide skidded further Friday as a pick-up in US and European business activity did little to ease investors' jitters surrounding Sino-US tensions, while gold kept marching toward a record high as it broke above $1,9000 an ounce. The mood darkened after Beijing ordered Washington...