Europe crisis hits new peak on 'depression' alert

Europe reeled on Monday from warnings it faces "deep depression" if the eurozone collapses and that every EU nation's credit rating could be hit without firm action to stop the debt crisis.

House prices fall for tenth consecutive month

Land Registry figures showed that the house price index decreased 3.2pc in October, with the rate of declining speeding up from 2.6pc in September. London is the only exception to these house price falls, while the North East recorded the biggest fall in October.

China’s Sovereign Fund May Give ‘Indirect’ Support to Europe

Nov. 25 (Bloomberg) -- China’s sovereign wealth fund may give “indirect” support to Europe through investments without being the nation’s main route for any aid, said Jesse Wang, the executive vice president of China Investment Corp.

Black Friday's Midnight Madness Was 'Stroke of Genius'

The midnight store openings may have been marked by brawls and criticism, but one expert surveying the store results called the midnight madness a "stroke of genius" that is "here to stay."

European Industries Shrink as Global Slowdown Deepens Amid Debt: Economy

European services and manufacturing shrank further, industrial orders had the biggest drop in almost three years and China’s factories showed signs of contraction as a global slowdown deepened.

Europe is biggest threat to corporate earnings

NEW YORK (CNNMoney) -- Corporate earnings have enjoyed double-digit growth for eight straight quarters, but that euphoric run may be coming to an end, thanks to Europe's worsening debt crisis and a tepid U.S. economy.

MF Global: The mess that keeps getting messier

FORTUNE -- Big institutional investors are getting a taste of what many frustrated taxpayers experienced during the financial crisis: Being on the hook for losses of a major financial firm against their wishes.

Pension and SWFs offer hope for private equity fundraisings

Growing demand for private equity exposure from pension funds and sovereign wealth funds is expected to go some way to plug the gap left by a drop-off in allocations from insurance and financial institutions, according to research from Morgan Stanley.

Moore’s Coffey Gets Second Chance as Trader Fails to Impress

Nov. 18 (Bloomberg) -- Greg Coffey was described by Louis Moore Bacon as “one of the most impressive traders in the world” when the billionaire founder of Moore Capital Management LLC hired him in 2008 to help manage his hedge funds. His investment performance since has been subpar.

Britain Sells Northern Rock to Virgin Money for $1.2 Billion

LONDON – Britain agreed on Thursday to sell Northern Rock, the bank it nationalized more than three years ago, to Richard Branson’s Virgin Money in a deal that represents a loss for British taxpayers.

Europe: New leaders, same debt crisis

NEW YORK (CNNMoney) -- Europe's debt crisis is far from over.

Factbox: Progress on euro zone bailout fund leveraging options

BRUSSELS (Reuters) - The euro zone is working on two options for how to boost the firepower of its 440 billion euro European Financial Stability Facility bailout fund without putting more money into it.

Olympus dumped by major shareholder as Japan steps up probe

SINGAPORE/TOKYO (Reuters) - Singapore's sovereign wealth fund said on Saturday it has sold most of its holdings of Olympus Corp <7733.T> on concern about wrongdoing, the first major shareholder to show it had lost confidence in the scandal-hit Japanese medical device and camera maker.

Nigeria, SWFs, and the Resource Curse? Two New Papers

Nigeria, perhaps the world's poster child for the oil curse, is the latest country to deploy a sovereign wealth fund as a tool to try to better manage national income. At the same time, Nigeria is struggling with depleted savings and growing fiscal concerns, even in a time of high oil prices.

Libya wealth fund cash to finance reconstruction

DUBAI (Reuters) - Some of the over-large cash component of Libya's $65-billion sovereign wealth fund will be put to work financing post-Gaddafi reconstruction, leaving time for a full review of its less liquid investments.

European Debt Crisis as Berlusconi’s Last Stand

ROME — The European debt crisis appeared to claim its most prominent victim on Tuesday when Prime Minister Silvio Berlusconi of Italy, cornered by world markets and humiliated by a parliamentary setback, pledged to resign after Italy’s Parliament passes austerity measures demanded by the European Union.

Why China’s Sovereign Wealth Fund Is Not Interested In EFSF

Jin Liqun, an economist and the Chairman of China Investment Corp (i.e. China’s sovereign wealth fund), talked to Al Jazeera on how they look at investing in European Financial Stability Facility (EFSF). Or, he talked about why the sovereign wealth fund has little interest in investing in EFSF.

Greek PM Papandreou faces unity challenge over bailout

Greek PM George Papandreou has said efforts to form a new government of national unity will get under way soon.

Abu Dhabi Economic Vision Dims in Dubai-Like Property Slump

Abu Dhabi, the emirate that bailed out Dubai in 2009, set out to avoid the pitfalls suffered by its Persian Gulf neighbor with a decades-long plan to replace oil revenue with industry and tourism as drivers of growth.

Bill Gates urges G20 to live up to aid promises

Billionaire philanthropist Bill Gates told G20 leaders Thursday to protect aid budgets, saying cuts would not only hurt the poor but also undermine innovations in areas such as health and farming.

The Libyan Fallout – Lessons For Global Sovereign Wealth Funds: Efraim Chalamish

The Libyan Investment Authority, the sovereign wealth fund in which Muammar el-Qaddafi’s regime allegedly stashed and misused Libya’s oil wealth, has cast a dark shadow on SWFs all across the world.While no one should infer from the Libyan case that other SWFs are riddled with corruption and conflicts of interest, there are critical issues that are applicable to global corporations and funds.

Salmond scales up foreign loan application

t's not a great time for Qantas to ground its flights when so many Europeans are heading east to borrow money.

IndMin for Sovereign Wealth Fund to finance infrastructure

The Industry Ministry today pitched for setting up of sovereign wealth fund for infrastructure financing, which requires an estimated Rs 45 lakh crore (USD 1 trillion) in the next five years.