INVESTMENT

Seven former wealthy U.S. clients of UBS AG were charged on Thursday with filing false tax returns, collectively hiding more than $100 million held offshore in Swiss accounts.

Private equity firm Quadrangle Group LLC settled its part of a long-running pay-to-play probe involving the state's $129.4 billion pension fund, but the accord excludes co-founder Steve Rattner, who remains under scrutiny.

Private equity firm Quadrangle Group is to spend the coming months laying the groundwork for raising a new fund, now that a long-running pay-to-play probe has been settled, a source familiar with the situation said on Thursday.

Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren't exactly hiding, either. But the former Greenwich, Connecticut, residents owe U.S. regulators nearly a half-million dollars in fines and restitution for their part in a five-year-old penny stock manipulation ...

A U.S. business group on Wednesday said it welcomed China's plans to ease restrictions on foreign investment, in a sign that tensions over currency have not blocked progress on all other trade issues.

JPMorgan Chase & Co's first-quarter profit topped Wall Street expectations, as revenue from its investment bank transcended losses on consumer loans.

Japan's Shinsei Bank , one-third owned by buyout firm JC Flowers, is likely to post a net loss of about 100 billion yen ($1.1 billion) for the year ended in March and its president plans to resign, sources familiar with the matter said on Wednesday.

In a bid to woo customers from rival Microsoft Corp, Oracle Corp will boost investment in the widely used MySQL open-source database that it acquired with its January purchase of Sun Microsystems.

The exciting news from the CFTC gold and silver hearings seem to have coinincided with the predictable gold move.

U.S. private equity firms Kohlberg Kravis Roberts & Co and Bain Capital are preparing for initial public offerings of Toys R Us and NXP SemiConductors , the Wall Street Journal said, citing people familiar with the deals.

Stock index futures pointed to a lower open on Tuesday as investors worried over a report Greece wants to renegotiate a financial aid package and the prospect of rising interest rates.

Stock index futures edged lower on Tuesday after a report Greece wants to renegotiate a deal it struck for financial aid reignited concerns about the stability of the debt-ridden country.

As 2009 came to a close, Fifth Third Bancorp was preparing to report its sixth loss in seven quarters.

(In paragraph 35, corrects name of Regions Financial spokesman. Error appeared in previous version of story.)

Is Gold the best investment? You may have heard this and read about this phrase a million times already. Now it seems Gold investment reading is becoming too stereo cast that it has lost its sheen. But wait a minute. Though too much written word about Gold has turned out to be boring, the yellow metal itself has not shown the boredom in its rise. It has given good investment returns for those who put their trust in it.

The Dow and the S&P 500 rose on Thursday, thanks to upbeat economic data, but the Nasdaq was stagnant as investors pummeled shares of Research In Motion following downbeat results.

Fund group Gartmore's suspension of a top hedge fund manager on suspicion of directing trades to favored brokers shines a light on a murky business where tales of lavish hospitality, nepotism and kickbacks abound. On Tuesday, Gartmore said it had suspended Guillaume Rambourg pending the outcome of an internal investigation into whether he had breached internal procedures on directing trades.

A few months ago I had written about the gold's love for tragedies. Gold always thrived on disasters like recession and rising inflation rates. So when the world is looking rosy and there are no immediate financial dangers lurking in the backyard of countries, what will the much-sought-after yellow metal do? If you want to know this, just have a look at the movements of gold prices in the recent past when World Bank and International Monetary Fund predicted that the global economy is back on tra...

Gold rose on Thursday to a two-week high and platinum group metals rallied to their highest in more than 20 months as fresh investment money poured into commodities.

Factories across Europe and Asia cranked up production in March, business surveys showed on Thursday, showing a strong recovery in fast-growing emerging markets taking root in the developed West.

Asian stocks rose to an 11-week high on Thursday as China's manufacturing industry picked up and foreign buying boosted the technology-heavy markets of Taiwan and South Korea.