INVESTMENT

HK stocks seen edging higher, H-shares seen leading

Stocks
Hong Kong stocks are set to rise slightly on Thursday as investors seek bargains amongst Chinese shares listed locally as mainland markets look poised to continue their outperformance relative to the region.
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SPDR gold holdings drop for fifth month in February

Holdings of the world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, fell for a fifth consecutive month in February, data from the New York-based fund showed, the longest run of outflows since the trust's inception.
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Entrepreneurs powering Cleveland makeover

Aaron LeMieux grew up hearing his native Cleveland used as the punchline for jokes such as the mistake on the lake. But the city is attempting to shake its downtrodden image - enhanced by a history of sporting futility - and entrepreneurs like LeMieux are leading the charge.
All About Investing in Gold (All About Series)

All About Investing in Gold (Book)

Describes all the investible gold products, explains the fundamentals of investing in gold, and reveals techniques for implementing gold into an overall investing strategy.
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US stocks advance after upbeat jobs data

U.S. stocks advanced in early trade on Wednesday after ADP National Employment report showed that the private sector employment rose more than expected in February.
Taiwan AIG unit bidders set to face regulators

Taiwan AIG unit bidders set to face regulators

Shareholders of two of the firms in a consortium buying U.S. insurer AIG's Taiwan unit approved the $2.16 billion bid on Wednesday, setting the scene for what is expected to be a tough battle with regulators.
DE Shaw, Goldman partners launch new China fund

DE Shaw, Goldman partners launch new China fund

A former partner of D.E. Shaw and an ex-Goldman Sachs (GS.N) partner are setting up a new firm to raise about $500 million for a China-focused private equity fund to join the growing competition for deals in the world's No.2 economy, sources told Reuters on Wednesday.
Rajat K. Gupta

Gupta, Rajaratnam calls on Goldman, P&G

U.S. market regulator said former Goldman Sachs Group Inc and Procter & Gamble Co board member Rajat Gupta tipped Galleon hedge fund founder Raj Rajaratnam in phone calls about confidential company information. Gupta's lawyer said the allegations are baseless.
A sign shows the address of the Goldman Sachs headquarters building in New York

SEC charges ex-Goldman director Rajat Gupta in insider case

Former Goldman Sachs Group Inc director Rajat Gupta leaked secret details to Galleon Group hedge fund manager Raj Rajaratnam about Warren Buffett's plan to invest $5 billion in the Wall Street bank at the height of the financial crisis, a U.S. securities regulator charged.
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Madoff trustee sues Tremont for $2.1 billion

The trustee seeking money for victims of Bernard Madoff's Ponzi scheme has sued Tremont Group Holdings for $2.1 billion, saying it missed warning signs the business could be a fraud.
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Gold surges to record on Libya, political unrest

Spot gold rallied to a record of $1,432.10 an ounce, surpassing its previous record of $1,430.95 set on December 7, as chaos in Libya and political turmoil in the Arab world prompted safe-haven buying and soaring oil prices boosted bullion's inflation hedge appeal.
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Wealth Building Strategies in Energy, Metals and Other Markets

This just-in-time book will help any investor find safe havens that will turn the economic downturn into a unique wealth-building experience. As long as stocks continue to post new highs and surprising lows, investors will need dynamic strategies to make a profit. Wealth Building Strategies in Energy, Metals, and Other Markets explains that money management and long-term trend identification are the keys to investing success.
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FrontPoint completes split from Morgan Stanley

FrontPoint Partners, the $4.5 billion hedge fund ensnared in the government's insider trading probe, is back on its own after more than four years of living with investment bank Morgan Stanley .
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Goldman estimates $3.4 billion in legal losses

Goldman Sachs Group Inc could lose up to $3.4 billion from lawsuits and other disputes over the securities it sold and underwrote, the investment bank said in its annual filing with regulators on Tuesday.
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Analysis: U.S. immigration probe fears weigh on Chipotle

An investigation by U.S. immigration officials into illegal unemployment at Chipotle Mexican Grill Inc (CMG.N) is making some investors nervous and could have implications for the fast-food industry as a whole. Chipotle, based in Denver, is one of the highest-profile employers to come under the scrutiny of Immigration and Customs Enforcement (ICE) in recent years.

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