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News
Some investors in India look to the stars for stock advice
The 2008 financial crisis gutted Girish Kumar’s portfolio value by 90 percent. So much for technical and fundamental analysis. The 42-year-old textiles businessman from Jaipur turned to astrology, and now he says the stars guide him to a profit every month.
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Asia's great investor rotation flows to North from South
Alongside the great rotation from bonds to equities and from emerging to developed markets that has been 2013's overriding investment theme, Asia is seeing its own migration in portfolio flows: from the South to North.
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China could target oil firms, telecoms, banks in price probes
China's powerful price regulator could target the petroleum, telecommunications, banking and auto sectors next in its investigations into violations of the country's anti-trust laws, state media quoted a senior official as saying.
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Seeking European signs of sturdier global rebound
A tentative view that the global economy is emerging from its lull could harden into conventional wisdom by the end of this week if, as expected, data show the euro zone's lengthy recession has ended.
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Israel seeks to negotiate on planned EU sanctions
Israel appealed to the European Union on Friday to rethink planned sanctions against its organizations in the occupied territories and called for talks, a shift in tone from previous Israeli anger and retaliatory measures.
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Peace talks resume under cloud of Israeli construction
A 10-minute drive from where negotiators will sit down on Wednesday to resume long-stalled Middle East peace talks, Israeli bulldozers are busy reshaping land that Palestinians want for their future state.
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PetroChina to join Exxon at giant Iraqi oilfield
China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said.
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Russian oil barons step up battle for Putin's favor
Two Russian oil barons have escalated a battle for influence in the lucrative energy sector by writing to President Vladimir Putin to complain about each other's policies, spotlighting a deepening rift between some members of his inner circle.
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