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Any MPs who committed a crime by claiming taxpayer-funded cash for non-existent mortgages should "face the full force of the law", Tory leader David Cameron has said. He said Scotland Yard, which is...

Securities lending by mutual funds is sensible and beneficial in the right hands -- but can wreak havoc when it is done wrong. Video

Hedge funds, decried by many as quick traders, have played catch-up during the market rally since March.

The chief executive of Arcandor said it was 'too early' to say whether the German government would help the ailing retailer. But he was 'confident' public support would help it recover from current woes

Foreign private equity investors, studios and film funds will be given a chance to invest directly in Bollywood films at the project level as the world's most prolific movie-making industry goes into capital-raising mode

Miningmx » News » Gold & Silver [miningmx.com] -- A boutique investment fund with Old Mutual Investment Group SA (Omigsa) sees South African gold shares as destroying value and that the underlying metal no longer offers a safe haven for investors. Neil

ST-JOHN'S, TERRE-NEUVE-ET-LABRADOR--(Marketwire - 29 mai 2009) - Fortis Inc. ('Fortis' ou la 'Société') (TSX:FTS) a dégagé, pour son premier trimestre, un bénéfice net attribuable aux actions ordinaires de 92 millions $, ou 0,54 $ l'action ordinaire, en comparaison d'un bénéfice de 91 millions $, ou 0,58 $ l'action ordinaire, au trimestre correspondant de l'exercice précédent. 'L'augmentation des bénéfices liés aux services publics d'électricité réglementés dans l'Ouest canadien a été partiellement contrebalancée par la diminution des bénéfices liés aux services publics réglementés dans les Caraïbes et à Fortis Properties', a expliqué Stan Marshall, président et chef de la direction de Fortis Inc.

Chinese stock investors are anxiously awaiting new initial public offerings (IPOs) in the coming month, after securities regulators recently signaled that they think the time is right to allow compani...

Work secretary risks clash with unions over bid to take 'big money' out of politicsBritain's leaders should 'bite the bullet' and endorse state funding of political parties as part of an overhaul to remove 'big money' from the system, the work and pensions secretary, James Purnell, declares today.In the latest high-profile contribution to the Guardian's A New Politics series, the cabinet minister calls for individual donations to be capped at a few hundred pounds - a move that would transform Labour's links with the trade unions.Making the first intervention by a member of the cabinet on the contentious issue of party funding, Purnell says: 'We need to take big money out of politics.' He writes: 'Amidst the current anger at politicians and politics we must bite the bullet on state funding for political parties - alongside cutting the overall amount the taxpayer spends on politics.'Within a reduction in the overall amount spent, Purnell would like to see the state fund staff in constitu

Many money funds are showing positive yields only because managers are waiving some of their fees.