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Oil hedge fund BlueGold to liquidate

BlueGold Capital, an oil-focused fund that made headlines in 2008 by calling the peak of the market, is liquidating after four years of trading — the last of which put it at the bottom of commodity hedge fund rankings.

markets

markets

India puts up roadblocks to own stake sales

India is not making life easy for itself as it looks to sell-off stakes in state companies to help plug a yawning budget gap, with New Delhi’s own policies battering sentiment towards government enterprises even as it readies more for market.

markets

markets

Myanmar sanctions opens door for foreign investors

BANGKOK - The United States is ready to relax some sanctions on Myanmar and France will urge the European Union to ease bans, opening the door for foreign investment in the isolated state after Nobel Peace Prize laureate Aung San Suu Kyi’s election victory.

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