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Wary of U.S. debt, China shifts gears on investment – Reuters

BEIJING (Reuters) – China has engineered a subtle yet significant shift in the investment of its foreign exchange reserves, a sign of how it is willing to act on concerns about financing an explosion of U.S. debt. Beijing has been far and away the …


Aust investment company in huge loss – New Zealand Herald

Across the Tasman, receivers have been appointed overnight to Great Southern Ltd, a timber, cattle and grape investment company that raised over A$1.8 billion from investors over the last 5 years, the Sydney Morning Herald reported. It had asked for …

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