INVESTMENT

Gold surges to record on Libya, political unrest

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Spot gold rallied to a record of $1,432.10 an ounce, surpassing its previous record of $1,430.95 set on December 7, as chaos in Libya and political turmoil in the Arab world prompted safe-haven buying and soaring oil prices boosted bullion's inflation hedge appeal.

Wealth Building Strategies in Energy, Metals and Other Markets

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This just-in-time book will help any investor find safe havens that will turn the economic downturn into a unique wealth-building experience. As long as stocks continue to post new highs and surprising lows, investors will need dynamic strategies to make a profit. Wealth Building Strategies in Energy, Metals, and Other Markets explains that money management and long-term trend identification are the keys to investing success.
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FrontPoint completes split from Morgan Stanley

FrontPoint Partners, the $4.5 billion hedge fund ensnared in the government's insider trading probe, is back on its own after more than four years of living with investment bank Morgan Stanley .
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Libyan oil assets will suffer damage in political end-game: analyst

Libyan oil assets will suffer damage in political end-game: analyst

Crude output in Libya has fallen to levels significantly below its normal 1.65 million barrels per day (bpd) output, and well below its 1.47 million bpd OPEC production quota in the aftermath of violent anti-government protests, according to a senior energy analyst at IHS Global Insight.
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HSBC shares fall to one-month low in biggest dive in a year

Hong Kong-listed shares of HSBC Holdings Plc fell more than 5 percent on Tuesday, the biggest single-day decline in almost a year after Europe's biggest bank cut its profitability target citing the cost of tougher banking regulations.
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BSE Sensex to rise; autos in focus

The BSE Sensex is expected to open higher on Tuesday, tracking firm Asian equities, and after the finance minister said he expects the economy to grow by nearly 9 percent in the next fiscal year.
U.S. Stocks

China shares rise, HK struggles as HSBC weighs

Chinese shares rose on Tuesday on decent volume suggesting further strength ahead, while markets in Hong Kong struggled to hold gains under pressure from a near 5 percent slide in heavyweight HSBC.
China to stay a low-key gambler in Middle East

China to stay a low-key gambler in Middle East

Even with Middle Eastern tumult tearing down governments and pushing up oil prices, China will stay a restrained regional player, reluctant to gamble a growing pile of economic chips for uncertain political gains.
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Google, Khosla back weather insurance startup

Silicon Valley venture capitalist Vinod Khosla and Google Ventures have invested $42 million in a start-up run by former Google employees, which helps insure farmers against losses from increasingly volatile global weather.
Allianz IM unit eyes China for pensions growth-CEO

Allianz IM unit eyes China for pensions growth-CEO

Allianz Global Investment (AGI), the funds arm of one of Europe's largest insurers, see growth opportunities in China's burgeoning pensions market, where ageing residents are battling to fund their retirements.
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Top SEC lawyer did not recuse himself on Madoff

The top attorney for the U.S. securities regulator was advised not to recuse himself from handling Bernard Madoff matters for the agency, even though his family's estate had invested with the swindler.

India ups iron ore export duty, China hardest hit

India will quadruple export duty on iron ore fines as it seeks to curb exports, mostly to China, in a budget move announced on Monday that hit domestic producer shares and could push spot prices to new record levels.
OAO Rosneft Refinery

Rosneft, Gazprom to fight over gas to fuel China

Rosneft (ROSN.MM) is set to take on Gazprom (GAZP.MM) when Russia puts the Kovykta gas field on the block on Tuesday as the country's top crude producer aims to muscle in on the gas export monopoly's plans to supply China.
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Buy Gold and Silver Safely - by Doug Eberhardt

Buy Gold and Silver Safely provides those answers by explaining why gold and silver need to be a part of everyone's portfolio, and helping people learn about buying or selling gold and silver... the safe way.
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BofA M&A head Kaplan leaving, Baronoff to replace

Bank of America's global head of mergers and acquisitions Jeffrey Kaplan is leaving the bank to join hedge fund Appaloosa Management and will be replaced by Steven Baronoff who chairs that business, according to a memo obtained by Reuters on Monday.
Army soldiers remove makeshift shelters and clear Tahrir Square in Cairo

Risk Aversion Has Been Well Contained

Despite the fact that volatility has increased since the start of the Egyptian crisis on January 25th, true risk aversion seems to have been well contained.
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Fewer in U.S. deem homeownership a safe investment

Homeownership as an investment is no longer the rock-solid foundation for the American Dream it once was, according to a survey released on Monday by the firm the government created in the 1930s to promote homeownership.

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