INVESTMENT

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.

BSE Sensex to rise; autos in focus

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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.
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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.
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.
Bernard Madoff walks back to his apartment in New York

Select quotes from Bernard Madoff in magazine interview

Convicted hedge fund swindler Bernard Madoff gave an interview to New York Magazine, in which he discussed a number of subjects, including government regulatory reform, prison life and his family. Here are some choice quotes from the interview:
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Sunstone Hotel Investors Upgraded at RBC Capital

RBC Capital Markets upgraded its rating on shares of Sunstone Hotel Investors Inc. (NYSE: SHO) to "outperform" with above average risk from "sector perform" and increased price target to $14 from $11.
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Twitter attracts JP Morgan investment

JP Morgan follows Goldman Sachs dive into social networking territory, as it is in talks of acquiring a 10 percent minority stake in micro blogging site Twitter.
China vows to develop gold market as demand rises

Analysis: Jewellery demand supports gold in investment demand dips

The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.
India's Finance Minister Pranab Mukherjee sits before giving the final touches to the federal budget 2010/11 in New Delhi February 25, 2010.

Pranab unveils budget, dismisses policy drift worries

Finance Minister Pranab Mukherjee announced on Monday a food security bill for 2011/12, a budget measure that would provide cheap grains for millions of India's poor but which has sparked worries over its huge cost.
Glencore in talks with China, Qatar funds: report

Glencore in talks with China, Qatar funds: report

Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the London Stock Exchange, The Sunday Times reported.

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