How to protect your savings from inflation?

Western Mentality & approach towards retirement:

CNN FINANCE : Even though you can't do much to control inflation, there are ways you can prevent your retirement savings from suffering.

Where Is Google Parking Its $40 billion Cash?

Published on Aug 7, 2012 by WSJDigitalNetwork : Tech giant Google has found a new place to park some of its $40 billion cash hoard: bonds backed by car loans. Katy Burne reports.

         

Morgan Stanley Was 'Driver' on Facebook's Wild IPO Ride

The highly-anticipated Facebook IPO was plagued with problems, potentially costing thousands of dollars to many small investors and further damaging Wall Street's reputation on Main Street. A Wall Street Journal report.

In snaring the most coveted investment-banking assignment of the year, Morgan Stanley's MS +2.66% Michael Grimes insisted to a senior Facebook Inc.FB +6.09% executive that he be the "single driver" of the company's initial public offering, adding that if the deal soured, it would be his "throat to choke."

Mr. Grimes's audacious, successful pitch to minimize input from other underwriters put Morgan Stanley in a position to exert unusual control over the IPO and to scoop up a bigger share of its fees. But it also turned the veteran Silicon Valley investment banker and his firm into targets for criticism when Facebook's IPO swiftly turned bad for many investors.

In the wake of the botched offering—Facebook has shed $22 billion in market value since the May 18 deal—much of the focus has been on the chaotic first day of trading, which was marred by technical problems on the Nasdaq Stock Market. But interviews with Wall Street bankers, brokers, investors and Silicon Valley executives reveal that Mr. Grimes, his firm and Facebook made several decisions in the weeks leading up to the offering that contributed to the rocky ride.

Full report : WSJ

HANG SENG OFFERS FIRST YUAN ETF TRACKING GOLD.

Uploaded by cctvnewschannel on 31 Jan 2012 - Hang Seng Bank announced that it's going to launch the world's first yuan-denominated Exchange Traded Fund, or ETF, that will track the international gold price.

The new ETF represents another step in the offshore development of yuan-denominated gold, after the Hong Kong Gold and Silver Exchange launched physical transactions in October.

The fund tracks the London gold fixing price in US dollars, and will hedge against foreign exchange rate movements between the yuan and the greenback. One board lot of 100 units of the ETF is priced at 3,500 yuan, excluding fees.

On the Money: Taking Stock (Russia)

Uploaded by RussiaToday on 28 Jan 2012 - How fast will Russia's equity markets get back to normal life after the fall in December? What can pump them back up? What about investment risk during Russia's presidential campaign? And which sectors could improve the health of the Russian economy? OtM is joined by Ben Aris, Simon Fentham-Fletcher, Artem Arkhipov and David Cranield.

FITCH DOWNGRADES 5 EUROZONE COUNTRIES.

Uploaded by cctvnewschannel on 27 Jan 2012 - U.S ratings agency Fitch has cut the credit ratings of Italy, Spain and three other euro zone nations as the region's debt crisis deepened. Fitch cut Italy by two notches to A- from A+, while Spain was lowered to A from AA-. Belgium, Slovenia and Cyprus were also downgraded.

Meanwhile, Fitch put all five nations' credit outlooks as "negative". However, investors were still optimistic over the Greek debt swap deal with its private creditors and the Euro rose against the US dollar for a fifth straight day.