China Overtakes Japan as World’s Second-Biggest Stock Market

China surpassed Japan as the world’s second-largest stock market for the first time in three years amid growing investor confidence that policy makers in Beijing will revive the economy with monetary stimulus.

Low oil prices are a free-market victory

Seldom has so much good news been portrayed so negatively. Oil prices continue to fall in the U.S. and around the world, but near everyone in the media is grumpy about it.

Sovereign fund forum has no plan to include central banks - official

DOHA (Reuters) - The International Forum of Sovereign Wealth Funds (IFSWF) will not invite central banks to join its ranks as they do not fit the group's definition of such a fund, a board member said on Thursday.

Former Permal Managing Director Plans Asia Fund of Hedge Funds

Steve Zhang, a former head of emerging markets investments at the Permal Group, plans to raise as much as $40 million by February for his own company to invest in hedge funds in the Asia-Pacific region.

Canada Funds Said Nearing Telesat Deal Valued at $7 Billion

Ontario Teachers’ Pension Plan and Public Sector Pension Investment Board are nearing a $7 billion deal for Canadian satellite company Telesat Holdings Inc. after months of delays and discussion breakdowns, people with knowledge of the matter said.

China's benchmark money rate falls 48 bps after surprise easing

(Reuters) - China's benchmark money rate fell 48 basis points to 3.18 percent on Monday, after the central bank unexpectedly cut benchmark lending rates by 40 basis points on Friday.

Japanese stock funds worldwide attract $1.2 billion inflows - Bank of America

NEW YORK (Reuters) - Investors worldwide poured $1.2 billion (0.76 billion pounds) into Japanese stock funds in the week ended Nov. 19 on the Bank of Japan's increased stimulus and a delay to the country's planned sales tax hike, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

China ‘triple bubble’ points to long slide for commodities

NEW YORK (MarketWatch) — The “commodity super cycle” is dead. Now, it’s time to get used to the “commodity super down cycle, and China is the biggest reason why, warn strategists at Credit Suisse in a Thursday note.

Retail sales rise in October amid widespread discounting

Shoppers gave George Osborne a pre-Christmas boost as they took advantage of falling prices in October to boost high street sales, according to official figures.

China wasted $6.9 trillion on bad investment post 2009: media

(Reuters) - China wasted an approximate 42 trillion yuan ($6.9 trillion) on "ineffective investment" in the five years from 2009, with the problem worsening in the past two years, a government official and an economist were quoted as saying in the local media.

Opinion: Where will public investors put their $29 trillion?

Sovereign investors around the world are raising their heads ever higher above the international financial parapet.

Hedge Funds Reversed or Reduced Losses With October Rally

Had October ended a week sooner, hedge fund manager Ken Tropin would have had much a tougher letter to write to his investors.

Property asking prices fall as keen sellers seek winter buyers

Homeowners keen to attract buyers in the quieter winter months are asking less for the properties than those that came onto the market in October, as high prices and new mortgage lending rules have put a temporary brake on the “mini-boom” in the housing market, Rightmove said on Monday.

Russia prepares to invest wealth fund in banks

(Reuters) - Russia has prepared legal changes that would enable the government to invest up to 20 percent of its National Wealth Fund (NWF) in subordinated debts of banks, according to a document published on a government website.

Iran to draw on sovereign fund to withstand oil price slide

(Reuters) - Iran will draw on its sovereign wealth fund to cope with damage to its economy from plunging global oil prices, Iranian Oil Minister Bijan Zanganeh was quoted by the ministry's news agency Shana as saying.

Italy’s Bonds Rise With Spain’s as Official Signals ECB Stimulus

Italian and Spanish bonds rose for the first time in three days as European Central Bank policy maker Christian Noyer said in an interview officials would consider buying government debt to stimulate euro-area growth.

Housing market dip only temporary, says Rics

A dip in activity in the UK housing market and slowing property prices will only be "temporary", surveyors say.

Next U.S. Senate budget chief wants short-term spending extension

(Reuters) - U.S. Senator Jeff Sessions, expected to chair the Senate Budget Committee next year, on Wednesday called on his fellow Republicans to press for a short-term spending extension that would give them leverage over President Barack Obama's immigration actions.

China and Qatar buying London properties

The city's real estate has attracted four times more capital than New York -- the Number 2 choice of foreign governments.

Putin says China, Russia to settle more trade in yuan

(Reuters) - Russia and China intend to increase the amount of trade settled in the yuan, President Vladimir Putin said on Monday in remarks that would be welcomed by Chinese authorities who want the currency to be used more widely around the world.

The wealth funds clinching the most deals are ...

Singapore's Temasek and GIC were the most active sovereign wealth funds last year, chasing investments even as deal-making by their peers, especially China, dropped sharply, according to a new report.

China’s Trust Assets Expand Least Since 2010

China’s trust assets grew the least since 2010 in the third quarter as regulators tried to limit shadow banking risks and investors grew more wary of defaults.

Germany disappoints with new investment pledge

(Reuters) - German Finance Minister Wolfgang Schaeuble announced 10 billion euros in additional public investments on Thursday but said Berlin would only splash out more money once it had achieved its goal of balancing the federal budget next year.

Gulf Region Investment in U.S. Real Estate Surges 51%

Persian Gulf investors from sovereign wealth funds to rich individuals increased spending on U.S. real estate, attracted by the pace of economic growth, a survey by Jones Lang LaSalle Inc. showed.

GIC’s Blackstone Warehouse Pursuit Signals Appetite for Property

GIC Pte’s planned purchase of Blackstone Group LP’s U.S. industrial property company signals the Singapore sovereign wealth fund’s appetite for real estate as investments by other state funds wane.

Living wage increases to £7.85 an hour

The living wage has increased by 20p an hour to £7.85, boosting the pay of 35,000 low-paid workers in the UK.

Evercore Private Funds Group Strengthens Asia Pacific Presence

Evercore (EVR) announced today that its Private Funds Group has made two new hires in its Hong Kong office, expanding the team’s current activities in the Asia Pacific region.

Many top sovereign funds fail on governance, transparency - report

LONDON, Oct 28 (Reuters) - A majority of the world's largest sovereign wealth funds lack transparency and adequate governance, with those in the Gulf region scoring particularly low, according to a report published by political risk group GeoEconomica.

U.S. consumer spending falters; wage gains highest since 2008

(Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter.

Singapore's GIC takes 20% stake in Turkish real estate firm

Singapore sovereign wealth fund GIC will inject 250 million euro ($314.3 million) to acquire a strategic stake in Turkey's leading commercial real estate developer Ronesans Gayrimenkul Yatirim (RGY), both firms said Thursday.