Chinese Shares Surge Along With Foreign Investments

Shares rose in Asia Wednesday. In Shanghai the Composite Index climbed 1.8% to 2,758 and in Hong Kong the Hang Seng rose 1.1% to 24,420. Japan’s Nikkei 225 Index was up 0.4%, ending the day at 10,557.
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Facebook Receives $500 Million Investment, New York Times Says

Facebook raised a $500 million investment from investment bank Goldman Sachs Group (GS) and an unnamed Russian investor, according to The New York Times.

The deal values the social-networking site at $50 billion, more than companies including Yahoo I…

Put These 12 Financial Resolutions for 2011 on Your List

After the Great Recession and with volatile stock markets and unemployment keeping Americans jittery, more people are ready to commit to improving their personal financial situation in 2011. Here are a dozen steps that can help…

Treasury Department Selling Off Citigroup Shares

The U.S. Treasury Department is offering up its remaining Citigroup shares, a move that marks the end of one of the federal government’s largest bank bailouts. But the Treasury says it will hold out for an “acceptable price” fo…