INVESTMENT

China is cutting the share of its reserves denominated in U.S. dollars and may be buying far more European government debt than in the past, according to data compiled by Dow Jones Newswires.

The cabinet has allowed cash-rich state companies to buyback shares and participate in the government's divestment programme, Praful Patel said on Thursday, as New Delhi looks to narrow its widening fiscal deficit.

An executive of Goldman Sachs Group Inc has been investigated by the U.S. Federal authorities as part of an insider-trading probe.

US prosecutors investigating managing director at Goldman Sachs as part of probe into company's hedge-fund clients.

The U.S. Securities and Exchange Commission is spending millions of dollars on consultants to streamline the agency, but SEC insiders and at least one lawmaker are questioning whether the SEC is getting its money's worth.

Impala Platinum, the world's second-largest platinum producer, said on Wednesday that it would not exit Zimbabwe despite the demands being made by the government that it hand over majority stakes in its local operations to Zimbabweans.

The Dow Jones Industrial Average crossed 13,000 at Tuesday's market close, while the S&P 500 rose above 1,370, but a bullish psychological impact could actually drag down the market in days to come.

The Jets could be interested in adding Peyton Manning.

Mexico economic growth has been strong in the wake of the Great Recession, thanks in large part to its fiscal and monetary discipline, said Dallas Federal Reserve Bank chief Richard Fischer in a speech in New Mexico.

Toyota Motor Corp. (NSYE: TM) announced Wednesday it will increase the output of its Thai engine-building subsidiary Siam Toyota Manufacturing Co. in 2014, in an effort to meet growing demand in Asia.

Gold plunged 3.8 percent Wednesday after the dollar firmed and investors took profits from a recent jump in the price of the yellow metal.

U.S. mining equipment maker Joy Global Inc posted higher first-quarter profit, helped by stronger margins, and raised its 2012 forecast.

Private equity firm CVC Capital Partners announced on Wednesday the 1.8 billion euro ($2.4 billion) acquisition of technical products wholesaler Ahlsell from Cinven and Goldman Sachs Capital Partners, marking Europe's largest private equity deal in almost a year.

These are the remarks Republican presidential candidate Mitt Romney made after winning both the Arizona and Michigan primaries

The Securities and Exchange Commission notified Goldman Sachs Group Inc that it may file a civil case against the bank related to a $1.3 billion offering of subprime mortgage securities, Goldman said in a regulatory filing on Tuesday.

The U.S. economy grew a bit faster than initially thought in the fourth quarter on slightly firmer consumer and business spending, which could help to allay fears of a sharp slowdown in growth in early 2012.

Buffett didn't identify the new pick and he even said the candidate hasn't been notified yet.

CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.

The top aftermarket NYSE gainers Tuesday were: Lsb Industries Inc, Assured Guaranty, Southwestern Energy, Collective Brands and DeVry Inc. The top aftermarket NYSE losers were: Kodiak Oil & Gas, Ferro Corp, Kayne Anderson MLP Investment, Darden Restaurants and FXCM Inc.

U.S. stock index futures pointed to a firmer open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 0.1-0.2 percent at 4:58 a.m. ET.

A senior Muslim Brotherhood member and the head of the foreign affairs committee in the Egyptian parliament said on Monday that the popular political uprising that swept across the Middle East last year, overthrowing many dictatorial regimes including that of Egypt, is headed to Iran.