INVESTMENT

Indian lenders may have to downgrade their loans to loss-making state-run Air India after they deferred a long-pending debt restructuring proposal, seeking a revision and making it tougher for the carrier to raise funds, three sources said.

The abrupt exit of Jasjit Bhattal, the highest-ranking ex-Lehman executive at Nomura Holdings, marks a crucial juncture for Japan's top brokerage as it decides whether to replace him with an experienced global banker to foster expansion, or with an in-house local to focus on the home market.

The top aftermarket NYSE losers on Tuesday were: HCA Holdings, Hill-Rom Holdings, PVH Corp, Medifast, Two Harbors Investments, Emergent Biosolutions, Jones Group, Marathon Petroleum Corp, Pioneer Natural Resources and Cal Dive International.

Mitt Romney takes New Hampshire Republican U.S. presidential primary by comfortable margin to lead the pack against Barack Obama on Nov. 6.

Michael Williams, CEO of mortgage giant Fannie Mae, is resigning, the company announced on Tuesday.

One of the driving forces causing this decoupling to occur has been a growing string of strong economic data in the U.S.

Historically low interest rates and weak stock market gains led 100 of the largest U.S. corporate pension funds to a massive funded-status deficit of $464.4 billion in 2011, the largest deficit in the 11 years consulting firm Milliman Inc. has been tracking such pensions.

Gold prices rose 1.5 percent near a closely watched level Tuesday to a three-week high as the dollar weakened and stocks rallied.

The federal government will soon begin selling government-owned foreclosed properties in bulk to investors as rentals, in a new effort to dispose of its growing portfolio of distressed properties.

A city official said the Economic Development Corporation remained hopeful about creating another tech partnership. If the new plans go through, the EDC could be making an announcement in the coming weeks.

Was Apple CEO Tim Cook paid $380 million in 2011? It depends on how you look at it.

Jacob Lew, a former Citigroup executive, reportedly received a $900,000 bonus from the company after it took $45 billion in taxpayer bailout funds in 2008.

Two foreign citizens who reside legally in the U.S. failed in their attempt to overturn a ban on political spending from non-citizens on free speech grounds.

Alison Fournier, a New York investment banker, is planning to sue Starwood Hotels chain over a sex assault involving drunken man that entered her hotel room in Finland last year.

Regarding its banking system, the United States has now experienced its third generation of "heads the banks win, tails the taxpayer and the public loses.” Is there a better way? Is it possible to create a bank that serves the people of the United States?

Chinese machinery maker Shandong Heavy Industry Group on Tuesday sealed a deal to take a 75 percent stake in debt-laden Italian yachtmaker Ferretti Group, the latest in a series of Chinese acquisitions of European brands.

After months of campaigning and enough debates to enervate even the most fanatic political junkies, the New Hampshire primaries are upon us. Here are the essential questions facing the horses remaining in this race, from how big Mitt Romney will win to whether Newt Gingrich and Jon Huntsman can build some momentum.

The Nikkei share average edged up on Tuesday after revenue at U.S. aluminum giant Alcoa beat expectations, while Olympus jumped 20 percent on reports it would remain listed, but the benchmark remained stuck below key resistance ahead of events in Europe.

Samsung Electronics Co, the world's biggest technology firm by revenue and the world's No.2 handset maker, is confident of its handset shipments overtaking that of Nokia this year, its chief executive said on Monday.

Chinese exports and imports registered weaker growth in December than in November, signaling economic growth in the world's second largest economy is losing steam on account of sluggish demand and a thaw in the real estate market. Data

Japan's disgraced Olympus Corp is suing 19 current and former executives, including its current president, for up to almost $50 million in compensation, as it struggles to recover from one of the nation's worst accounting scandals.