A simple and commonly-used definition says financial investment by which a person or an entity acquires a lasting interest in, and a degree of influence over, the management of a business enterprise in a foreign country is foreign investment.

What's all this criticism of Jim Bolger and his decision to run New Approach in the Derby, all about? In my view, it has little or no basis and using punters as an excuse to have at go at Jim because of his previous less than complimentary remarks about

A Minnesota official has asked state authorities to investigate whether a request for money by Barack Obama's presidential campaign constitutes an illegal raffle.

Sometimes the tit-for-tat exchanges of outrage between political candidates make me wonder: Are they for real? Or, like the trash talking between professional wrestlers matches on television, are they just meant to build up the box office take?

Pakistani investors and traders ransacked stock exchanges in Karachi, Lahore and Islamabad today, reacting furiously to a share-price rout that has decimated the life savings of many.