Warren Buffett: Fiscal cliff talks could miss deadline

Billionaire investor Warren Buffett believes the US fiscal cliff may be solved by January rather than December. Congress has until 31 December to cut a deal to stop existing economic stimulus measures terminating and huge automatic spending cuts coming into effect.

Citic Capital Said in Advanced Talks to Acquire AsiaInfo

Citic Capital Holdings Ltd., controlled by the sovereign wealth funds of Qatar and China, is in advanced talks to buy Chinese software services provider AsiaInfo-Linkage Inc. (ASIA) for about $900 million, two people with knowledge of the matter said.

Olam: Muddy Waters questions accounting practices

Muddy Waters Research has released a report it says will back up claims that agricultural commodities trader Olam International "will collapse".

Qatar Holding Sells Barclays Warrants Worth $1.2 Billion

LONDON – The sovereign wealth fund Qatar Holding said on Monday that it had sold its remaining warrants in Barclays in a deal that has led to a $1.2 billion share sale in the British bank.

'Fiscal cliff' talks stalled for now, but progress possible

WASHINGTON: US lawmakers have made little progress in the last 10 days toward a compromise to avoid the harsh tax increases and government spending cuts scheduled for Jan. 1, a senior Democratic senator said on Sunday.

Olam Says It Has Enough Liquidity to Withstand Market Stress

Olam International Ltd. (OLAM), whose accounting methods were questioned by Muddy Waters LLC founder Carson Block, said it has enough liquidity to withstand “stress” and its auditor stands by its opinion on the company’s accounts.

Singapore Commodities Tycoon Feels Heat From Fact-Free Muddy Waters

Short-sellers have had a rip-roaring time in taking down lightly-regulated China stocks.

Euro zone faces deepest downturn since early 2009, show PMIs

LONDON: The euro zone economy is on course for its weakest quarter since the dark days of early 2009, according to business surveys that showed companies toiling against shrinking order books in November.

Pakistan Stocks Best as Violence Ignored: Riskless Return

Pakistan is handing equity investors the world’s best risk-adjusted returns as terrorist attacks, power blackouts and a war with Taliban insurgents fail to curb gains in consumer spending that sent profits to a record high.

Credit Suisse Shakes Up Management in Restructuring

LONDON – Credit Suisse shook up its management team on Tuesday, appointing a co-head of investment banking and merging its asset management division into its wealth management and private banking unit.

Norway Misses Haven Fest as Record Issuance Looms: Nordic Credit

Norway faces higher borrowing costs next year as the AAA rated nation plans record bond issuance amid a potential drop off in demand from foreign buyers.

Taxpayers' £66bn in RBS and Lloyds at risk, say MPs

The £66bn of taxpayer funds used to buy shares in Royal Bank of Scotland and Lloyds Banking Group at the height of the financial crisis may never be recovered, a powerful group of MPs warned on Friday.

Greece to clear 5 bn euro debt hurdle: Debt agency

ATHENS: Greece on Friday was in the process of repaying a five-billion-euro treasury bill with money raised from another debt issue this week, thus avoiding a payment default, a debt management agency source said.

China sovereign wealth fund official warns on eurozone austerity

A top official with China's sovereign wealth fund has issued a blunt warning that the latest unrest across the eurozone shows austerity has stretched the public's tolerance "to breaking point".

Stocks slip on global economic concerns

NEW YORK (CNNMoney) -- Stocks fell slightly Thursday, as investors weighed a bigger-than-expected jump in jobless claims and turmoil overseas.

Indonesia Pension Fund Increases Bets on Growth: Southeast Asia

Indonesia’s biggest pension fund is preparing to put more money into stocks and bonds, betting the fastest pace of economic growth in Southeast Asia will continue.

Abu Dhabi fund challenges Citi victory in $4 billion arbitration

NEW YORK (Reuters) - A lawyer for Abu Dhabi Investment Authority urged a U.S. judge on Thursday to overturn an arbitration panel's ruling favoring Citigroup Inc in a dispute over a $7.5 billion investment in Citi during the subprime meltdown.

China Fund, VTB Capital Invest in Kerimov’s Uralkali

Billionaire Suleiman Kerimov and his partners in OAO Uralkali (URKA), the largest potash producer, sold bonds to China’s sovereign wealth fund and VTB Capital that can be exchanged for shares valued at about $3.2 billion.

Stocks turn higher after 2 days of declines

NEW YORK (AP) — Stocks turned higher on Wall Street Friday, reversing an early loss. The advance halted two days of sharp declines caused by concern that political wrangling in Washington could push the U.S. economy back into recession.

Germany sees no quick deal on Greek aid: Wolfgang Schaeuble

HAMBURG: German Finance Minister Wolfgang Schaeuble said Thursday he did not expect any quick deal on aid to debt-mired Greece with its international creditors.

Obama win has investors staring at fiscal cliff

NEW YORK (Reuters) - Investors hit trading floors Wednesday morning with the same president and the same problems in gridlocked Washington, and expected the same solution as always to a looming budget crisis that threatens the economy: punt and deal with it later. Shares dropped sharply on fears that partisan bickering will prevent compromise.

Credit Suisse, Qatar in Asset-Management Venture

Credit Suisse Group AG (CS) and Qatar Holding LLC (QTRHLD.YY), a unit of the gas-rich emirate's sovereign-wealth fund are forming an asset-management joint venture.

Wall St ticks lower ahead of US presidential vote

NEW YORK (Reuters) - U.S. stocks slipped in low volume on Monday as traders awaited Tuesday's U.S. election to place bets on sectors seen performing better under one or the other political party.

Abu Dhabi Government ‘Considering’ Dollar Bond Offering in 2013

Abu Dhabi, the richest of the seven sheikhdoms in the United Arab Emirates, is considering a dollar debt sale in 2013, according to its Department of Finance.

US Presidential Elections 2012: Bond-heavy overseas funds want Obama win

LONDON: Overseas investors, many of whom are creditors to the highly-indebted US government, reckon a re-election of President Barack Obama would be best for world markets even if US counterparts say otherwise.

Norway Oil Fund Made $29 Billion Last Quarter as Stocks Rose

Norway’s $660 billion sovereign wealth fund, the world’s largest, returned 4.7 percent last quarter as global stock markets recovered after central banks from the U.S. to Japan stepped up efforts to stimulate growth.

Investors skirt new shorting curbs to bet on EU woes

LONDON: New rules to stop speculators making Europe's debt crisis worse by betting on government bond defaults are prompting investors to find alternative ways to insure against or profit from bad news in the region.

China sovereign fund takes 10 percent of Heathrow

MADRID (Reuters) - An arm of China's sovereign wealth fund has taken a 10 percent stake in the holding company controlling Britain's largest airport Heathrow, Spanish infrastructure company Ferrovial said on Wednesday.