{"id":29114,"date":"2012-05-01T23:51:24","date_gmt":"2012-05-02T03:51:24","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29114"},"modified":"2012-05-01T23:51:24","modified_gmt":"2012-05-02T03:51:24","slug":"whats-in-the-news-april-11-2012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/05\/01\/whats-in-the-news-april-11-2012\/","title":{"rendered":"What’s In The News: April 11, 2012"},"content":{"rendered":"
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This is what’s in the news for Wednesday April 11, 2012. The Wall Street Journal reports China’s crude oil imports surged to near-record levels last month, as some energy analysts believe the country is hoarding oil for its strategic reserves The Wall Street Journal also reports American International Group (NYSE:AIG) plans to again invest in U.S. property, reversing efforts to downsize its real estate business after its near collapse and government bailout. Reuters reports Las Vegas Sands (NYSE:LVS) Chairman and CEO Sheldon Adelson says he plans to spend $35B on a mini-Las Vegas strip in Spain where he’s courting Barcelona and Madrid. Reuters also reports Bain Capital LLC is considering raising $6B-$8B for a new global buyout fund, offering investors up to three options on fees it charges to manage the money, sources say. Bloomberg reports Credit Suisse Group (NYSE:CS) can’t disclose a client’s account data to U.S. tax authorities because a request for assistance last year addressed only tax evasion, not covered by a 1996 treaty, a Swiss court ruled. Finally, Bloomberg also reports money losing Liz Claiborne (NYSE:LIZ), which owns the Kate Spade brand, could still be a bargain in a takeover, as it returns to profitability in 2012, according to analysts’ estimates.<\/p>\n

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This is what’s in the news for Wednesday April 11, 2012. The Wall Street Journal reports China’s crude oil imports surged to near-record levels last month, as some energy analysts believe the country is hoarding oil for its strategic reserves The Wall Street Journal also reports American International Group (NYSE:AIG) plans to again invest in … <\/p>\n

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