Finance and Investment

Finance or community service? Examining the 'service patch'

25 May 2012

Critics lament the student brain drain into finance and consulting, writes David Brooks. But community service has become a patch for morality. Many people figure that if you are doing the sort of work that Bono celebrates, then you must be a good person.

Foreign cos pulling more money out of India - Nomura

25 May 2012

MUMBAI (Reuters) - Foreign direct investment, the sort of sticky long-term money India craves to fund its current account deficit and build up its infrastructure, may not be so stable after all. According to a Nomura report, multinational companies have been pulling money out of India at an accelerating rate, moving $10.7 billion out of the country in 2011, up from $7.2 billion in 2010 and just ...

Why "project bonds" are a good idea: Gerard Wynn

25 May 2012

European Union backing for extra infrastructure finance may sound like a deliberate distraction from deadlock over much bigger euro bonds, but in fact it is a great idea - the trouble is the tiny sums ...