INVESTMENT

Picture illustration shows a one euro coin on a flat screen displaying exchange rates in Rome

Ditch the Assumption that Developed Economies Safe

LONDON, Jan 17 - The downgrade of much of Europe's credit ratings demonstrates in perhaps the bluntest terms so far the collapse of any lingering -- if lazy -- assumptions that developed states are somehow safer than emerging counterparts.

Samsung Group to make record investment in 2012

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South Korean conglomerate Samsung Group, which includes Samsung Electronics Co, said on Tuesday it would raise its 2012 investment to a record 47.8 trillion won ($41.4 billion) as it seeks to consolidate its leading position in mobile chips and flat screens.
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Tata Motors sales up 31 pct in December

Power Firms Top Executives to Meet PM Over Power Issues

Top executives from India's major power companies will meet Prime Minister Manmohan Singh on Wednesday to push for swifter action to improve access to coal and make it easier to get funding, acquire land and get environmental clearances.
Fresh food

India’s Inflation in December Drops to 7.47 Percent

India's headline inflation slowed sharply in December to a two-year low as food price pressure eased dramatically, but the Reserve Bank of India (RBI) is still expected to leave interest rates on hold next week as manufacturing inflation remained elevated.
Nikkei Stock Exchange

Japan's Nikkei Falls to 1-Month Low

Japan's Nikkei average fell to a one-month closing low on Monday after downgrades of nine European countries, including a cut in France's triple-A rating, escalated fears over the region's ability to end its debt crisis.
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Hulu Challenges Cable with First Original Drama

Hulu, the popular online video service, has taken another step to becoming a full-fledged alternative to cable television by commissioning its first scripted original TV show to go live next month.
Republican presidential candidate and former Massachusetts Gov. Mitt Romney greets supporters after a campaign event at the University of South Carolina in Aiken, South Carolina January 13, 2012.

Attacks over Bain Capital Seen Making Mitt Romney's Campaign Stronger

Mitt Romney is being maligned as a vulture capitalist who enjoyed firing workers -- while amassing his own huge fortune -- but rivals' attacks on the former private-equity player's business record may be one of the best things that ever happened to his presidential campaign.
Romney Gingrich

Romney-Gingrich Spar: The 'King of Bain' Video Goes Viral on Internet

Newt Gingrich might have denounced the errors in a Super PAC (political action committee) advertisement on Mitt Romney and asked them to withdraw it, but the trailer and the documentary titled King of Bain - When Mitt Romney Came to Town is still going viral on the Internet. The ad in the form of a 28-minute documentary was released by Winning our Future, a Super PAC that supports Gingrich.
Seniors

Withdrawal Symptoms: What Happens When Baby Boomers Retire?

A whopping 44 percent of all mutual-fund shareholders are baby boomers, according to an Investment Company Institute report. As they take withdrawals from their retirement kitties over the next couple of decades, you're looking at a major, potentially market-altering event.
Wall Street sign

Wall Street drops on euro-zone downgrade chatter

U.S. stocks were on track to end the week with modest gains as major indexes pulled back from session lows after falling more than 1 percent on Friday on talk that Standard & Poor's was ready to downgrade ratings on several euro-zone countries.
London

Rich seek super-sized luxury London pads

London developers are shifting their focus toward super-sized luxury flats to keep pace with the growing wealth of overseas buyers seeking a safe haven for their cash, charging them up to 70 percent more for the privilege.

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