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Reality checks ahead for investors

An improving global economy, solid corporate earnings and even easing fears about euro zone debt have been more than enough to rationalise the rising hunger for riskier assets now prevalent on financial markets.

Banks entering 'Golden Age': Bove

A Citibank to help Nigerian bank sale
High-profile banking analyst Richard Bove said the U.S. banking sector is entering into a “golden age.” The financial strategist at Rochdale Securities explains that banks have so flush cash on their balance sheets that corporate earnings will grow by 20 percent annually over the next few years.
Infosys Q2 profit tops estimates, yet shares down on forex concerns

Goldman Sachs raises Infosys to 'buy'

Goldman Sachs raised Infosys Technologies to buy from neutral on Friday, saying it believes a drop in the share prices offers an attractive entry point.
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Is it fair for Brazil to brand the U.S. along with China as a currency manipulator?

Brazil’s ‘currency war’ rhetoric is phoney

Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
A Facebook page

Why Facebook Can't Shut Down

A rumor -- discovered to be a hoax -- that Facebook would shut down in March briefly lit up the blogosphere. There are reasons why a moment's thought shows this is wrong.

Facebook Shutdown Hoax Lights Up Internet

With rumours that Mark Zuckerberg has announced closure of the site, thousands are scurrying for answers on internet. Google Trends, Twitter and Yahoo Answers has been set on fire with the questions 'Is Facebook shutting down?'.
The Morgan Stanley headquarters is seen in New York

Wall Street expands in red-hot mainland China

JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.
Facebook

Why is the SEC eyeing Facebook?

Facebook shares are hot, but they're starting to behave like publicly-traded shares, which has attracted the scrutiny of the SEC.
Facebook CEO Mark Zuckerberg speaks during a news conference at Facebook headquarters in Palo Alto

SEC begins probe into Goldman Sach's investment in Facebook

US market regulator Security and Exchange Commission began examining disclosure rules for privately held companies and whether they need to be rewritten following the recent deals that allowed investors to buy shares in Internet companies like Facebook and Twitter.
South African President Jacob Zuma shakes hands with Chinese Premier Wen Jiabao at the Zhongnanhai Leaders' Compound in Beijing

What is behind China's move to include South Africa in BRIC grouping?

South Africa is about to join the Brazil, Russia, India and China (BRIC) grouping and will attend the first summit of the leading emerging economies in April this year, but doubts remain over the suitability of the African nation to be in the exclusive club of the fast-growing economies.
Spain's King Juan Carlos walks with members of Cepsa during his visit to a Cepsa refinery in Palos de la Frontera

Rising demand should push up crude oil prices in 2011

Many investment banks and commodity analysts have taken a highly bullish stance on crude oil prices for 2011, based largely on economic recovery in the U.S., continued money-printing by the Federal Reserve (thereby, weakening U.S. dollar) and persistent high demand from the emerging markets, particularly China and India.
South African President Jacob Zuma shakes hands with Chinese Premier Wen Jiabao at the Zhongnanhai Leaders' Compound in Beijing

Does South Africa deserve to join BRIC?

South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.
Goldman Sachs

Goldman Sachs plans tighter bonus rules

Goldman Sachs has adopted a new long-term bonus plan that lets the board award cash and stock on top of existing compensation, but lets the firm take back money if the employee takes too much risk, the investment banker said in filing with securities regulators.
A customer looks at laptops at a Dell outlet in Beijing December 13, 2010.

How will China's economy perform in 2011?

As the global economy is entering arguably another tumultuous year, spotlight is sharply on the prospects, policies and risks of China's economy, which has all but sailed past Japan's as the world's second largest after the United States.

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