INVESTMENT

China's services activity in May grew at the fastest rate in 19 months, according to the HSBC Purchasing Managers Index released Tuesday.

Jon Corzine, the former chief of MF Global and governor of New Jersey, could be the target of a possible lawsuit linked to the brokerage's bankruptcy and disappearence of $1.6 billion in client funds.

An increasing number of people are trying more ways to sneak money out of countries that are buckling under the weight of the world's almost daily financial crises.

Shares of AOL Inc. (NYSE: AOL), the No. 7 website, traded near their 52-week high Monday after activist investors Starboard Value Management won crucial backing to win seats on the board of directors.

It's been almost eight months since Apple released iOS 5, the most comprehensive update to its mobile operating system for iPhone, iPad, and iPod Touch. Now, in the weeks leading up to Apple's 2012 Worldwide Developers Conference (WWDC), insiders believe Apple will again announce a major update to its mobile platform and unveil iOS 6.

A famous funny-man decided to buy a small stake in the New York Mets.

Last week thousands of retirees were suddenly faced by what for many would be the largest financial decision of their lives when both Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) announced they would launch immense pension buyout plans unprecedented in the United States.

Warburg Pincus LLC, a private equity firm based in US, is looking for a $100-$125 million stake in finance firm Future Capital Holdings, sources said to Reuters.

The recent discoveries of gas in the eastern Mediterranean creates a whole new energy paradigm for two nations -- Cyprus and Israel -- which formerly were believed to possess no natural resources at all. Their subsequent alliance has further upset the geopolitical balance in the Near East.

This backdrop of the weakening of the global economy could promote a broad round of coordinated central bank easing.

Enrique Peña Nieto has enjoyed a comfortable lead against his rivals for much of the Mexican presidential campaign season. But recent polling suggests his victory isn't as certain as it has appeared, leaving analysts pondering the future of Petroleos Mexicanos, the country's creaky state-owned oil company, should the candidate's main leftist rival win on July 1.

Following a high-volatility period over that past few days that has seen the political situation in Greece worsen, highly disappointing economic data prints in the U.S. and China and -- most prominently -- a surprise banking crisis in Spain, U.S. Treasuries have been hitting historically low yields on a daily basis. Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.

A third straight month of disappointing job data clearly suggests that the U.S. labor market conditions are deteriorating again, which economists say will undoubtedly prompt more speculation that a third round of quantitative easing by the U.S. Federal Reserve is coming soon.

She urged foreign investors to invest in Myanmar in order to provide jobs for the young and alleviate high rates of poverty.

In an attempt to speed up economic recovery and to fast track investments, the government of India has approved setting up of an investment tracking system.

China Thursday defended its interests in the Asia-Pacific, following US Secretary of Defense Leon Panetta's statement, ahead of his week-long visit to Singapore, Vietnam and India starting this weekend, that the US would increase its military presence in the region.

China's manufacturing activity grew at a slower pace in May compared to the previous month, increasing concerns over a slowdown in the economic growth of the country.

Asian shares eased Friday, with China's factory activity data and a U.S. jobs report due later in the day making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.

Antonio Brufau, CEO of Spanish oil company Repsol, renewed his resolve to seek punitive damages from Argentina's government following its seizure of the company's subsidiary YPF -- and his shareholders are with him

With a massive smart grid build-out, Beijing hopes to turn its grid into a competitive advantage.

The value of the monetary unit of China dropped against the world's reserve currency on Tuesday