Exclusive: Qatar's secretive sovereign fund to restructure, say sources

DUBAI (Reuters) - Qatar Investment Authority, one of the world's most aggressive sovereign wealth funds, will set asset allocation targets for the first time and restructure internal decision-making, sources say, in response to a drop in oil prices that has crimped available funds as competition for assets grows.

IMF sees diminished risk from global economic imbalances

(Reuters) - Global imbalances in trade and investment flows have shrunk by more than a third since peaking eight years ago and are likely to stay lower in the future, diminishing their threat to the global economy, the International Monetary Fund said on Tuesday.

World’s Biggest Wealth Fund Among Reach Energy Investors

Malaysia’s Reach Energy Bhd. has attracted investors including Norway’s $890 billion sovereign wealth fund in an initial public offering to fund its acquisitions of oil and gas fields.

COLUMN-The right agenda for the IMF

April 6 (Reuters) - The world's finance ministers and central bank governors will gather in Washington this week for the twice yearly meetings of the International Monetary Fund.

Cuba plans big tax breaks to lure foreign investors

(Reuters) - Cuba's communist government has drawn up a new foreign investment law that will cut the profits tax in half and exempt investors from paying it for eight years in an attempt to attract desperately needed capital into the economy.

Bonds Outperform Stocks in Best Start to a Year Since 2008

Bonds beat stocks last month for the first time since August as fixed-income securities worldwide enjoyed their best start to a year since 2008.

Japan World-Beating Stocks Seen Repeating Gains in 2014

The 49 percent rally that pushed Japanese stocks past every other developed market in 2013 has done nothing to increase valuations, a sign to the world’s biggest investors that the advance will last.

Sovereign wealth fund CIC boasts 10.6% return in 2012

BEIJING: Sovereign wealth fund China Investment Corp (CIC) boasted a 10.6 per cent return on its global investment portfolio in 2012 according to the company's annual report.

Portugal Yields Need Draghi to Keep His OMT Promise

Portugal’s 10-year bond yield jumped more than a percentage point in the past month to levels that may test European Central Bank President Mario Draghi’s pledge to buy bonds of crisis-torn countries.

Osborne Sticks to Austerity as Investors Say Downgrade Came Late

U.K. Chancellor of the Exchequer George Osborne said he won’t give in to opposition calls to change his economic policy after Moody’s Investors Service’s decision to strip the U.K. of its Aaa status.

CEO of scandal-hit Barclays gives up 2012 bonus

LONDON (AP) — The chief executive of Britain's Barclays bank said Friday he is giving up his 2012 bonus amid a string of high-profile scandals over market-fixing, mis-selling of loan products, and other forms of financial malfeasance.

2013 World Economic Forum: Falling CEO confidence sets scene for anxious Davos

DAVOS: Chief executives are less optimistic about short-term growth prospects for their companies than a year ago, according to a survey that offers a reality check on rising stock markets.

China fund mulls buying stake in Daimler: Report

SHANGHAI: China's sovereign wealth fund is considering buying a four to 10 percent stake in German automaker Daimler, the website of the official People's Daily newspaper said at the weekend.

IMF warns African oil producers to avoid "white elephants"

NAIROBI (Reuters) - The International Monetary Fund has urged African oil and gas producing nations to direct their revenue in infrastructure and education rather than on "white elephants".

World stocks slightly lower amid gloom

AMSTERDAM (AP) — World stock markets declined Tuesday against a backdrop of worries about global economic growth and Europe's debt crisis.

Gold drifts lower as Spain worries weigh on euro

SINGAPORE (Reuters) - Gold drifted lower on Monday after posting its biggest quarterly rise in more than two years, tracking a weaker euro as Spain's struggle to control its finances worried investors.

UPS sees global economy getting worse

NEW YORK (AP) — UPS expects the global economy to get worse before it gets better. Again. The world's largest package delivery company is more pessimistic about U.S. growth than many economists.

Abu Dhabi fund sees potential despite uncertainty

DUBAI, United Arab Emirates (AP) — The Abu Dhabi Investment Authority believes the world economy offers opportunities for it and other patient investors, despite an uncertain outlook, the government-run fund's managing director said in a report released Monday.

Germany, France, Italy, Spain vow billions to boost growth

ROME: The leaders of the eurozone's four biggest economies on Friday vowed measures to boost growth in the face of a relentless debt crisis, including an injection of up to 130 billion euros ($163 billion).

Lagarde assures IMF able to boost crisis funds

IMF head Christine Lagarde said Thursday that the crisis lender would get a significant boost to its intervention capacity this week as worries mounted that Spain might be the next eurozone country to seek a rescue.