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Investment News Jul 2006

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S3 Investment Company Subsidiary SINO UJE Receives Distribution Rights to Medical Diagnostic Testing Products in China
S3 Investment Company, Inc. (OTCBB: SEIH)today announced that subsidiary SINO UJE, Ltd. has been awardeddistribution rights in China to the HandiLab line of medical diagnostictests from Zonda Incorporated, a California-based company. The HandiLabline of tests includes innovative, rapid, self-contained diagnostic devicesfor the detection of chlamydia, gonorrhea, yeast (Candida albicans) andgroup A (Wed, 19 Jul 2006 18:42:47 GMT)

CLX Investment Company Announces Opening of China Market for Zonda, Inc. With New Distribution Agreement
CLX Investment Company, Inc. (OTCBB: CLXN)today announced that portfolio investment Zonda Incorporated, whichspecializes in diagnostic tests that serve the medical, bacterial foodsafety, cosmetic, beverage, pharmaceutical, veterinary, and environmentalsanitation testing markets, has entered a new global market for itsHandiLab product line by signing a distribution agreement with SINO UJE,Ltd. for (Wed, 19 Jul 2006 18:42:52 GMT)

Bancroft Fund Ltd. Announces Change in Investment Policies
Bancroft Fund Ltd. (AMEX: BCV) announcedtoday that the Board of Trustees ofBancroft Fund Ltd. has approved changes to the Fund's investment policiesregarding purchases of convertible securities. (Wed, 19 Jul 2006 18:43:42 GMT)

S3 Investment Company Subsidiary SINO UJE Receives Distribution Rights to Medical Diagnostic Testing Products in China
S3 Investment Company, Inc. (OTCBB: SEIH)today announced that subsidiary SINO UJE, Ltd. has been awardeddistribution rights in China to the HandiLab line of medical diagnostictests from Zonda Incorporated, a California-based company. The HandiLabline of tests includes innovative, rapid, self-contained diagnostic devicesfor the detection of chlamydia, gonorrhea, yeast (Candida albicans) andgroup A (Wed, 19 Jul 2006 19:11:24 GMT)

CLX Investment Company Announces Opening of China Market for Zonda, Inc. With New Distribution Agreement
CLX Investment Company, Inc. (OTCBB: CLXN)today announced that portfolio investment Zonda Incorporated, whichspecializes in diagnostic tests that serve the medical, bacterial foodsafety, cosmetic, beverage, pharmaceutical, veterinary, and environmentalsanitation testing markets, has entered a new global market for itsHandiLab product line by signing a distribution agreement with SINO UJE,Ltd. for (Wed, 19 Jul 2006 19:11:33 GMT)

Bancroft Fund Ltd. Announces Change in Investment Policies
Bancroft Fund Ltd. (AMEX: BCV) announcedtoday that the Board of Trustees ofBancroft Fund Ltd. has approved changes to the Fund's investment policiesregarding purchases of convertible securities. (Wed, 19 Jul 2006 19:12:41 GMT)

Global investment managers upbeat about future revenue growth
The investment management sector will confront enormous challenges in investment performance, distribution and the recruitment and retention of talent over the next few years. (Wed, 19 Jul 2006 19:38:00 GMT)

Two Plead Not Guilty In State Investment Scandal
AKRON, Ohio -- Two brokers pleaded not guilty Wednesday in Akron federal court in the investment scandal enveloping Ohio's insurance plan for injured workers. (Wed, 19 Jul 2006 21:20:59 GMT)

Breakdown of China H1 urban fixed-asset investment
BEIJING, July 20 (Reuters) - Following is a partial breakdown of China's urban fixed-asset investment for the first half year of 2006, when it grew 31.3 percent from a year earlier. (Thu, 20 Jul 2006 03:08:43 GMT)

Investment should be encouraged
NEW government legislation needs to be flexible enough to encourage more investment in pipeline infrastructure like PNG Gas, lobby group the Australian Pipeline Industry Association said. (Thu, 20 Jul 2006 03:55:17 GMT)

Student housing market can be a good investment
With university housing running short and class sizes getting larger, there is a substantial investment opportunity in student housing. (Thu, 20 Jul 2006 07:19:40 GMT)

Gov’t likely to beat 2006 deficit target--investment houses
THE GOVERNMENT'S budget deficit this year is likely to be lower than its target of 125 billion pesos, even if it spends more in the coming months to support the economy amid external uncertainties, according to at least three investment houses. (Thu, 20 Jul 2006 09:48:00 GMT)

Aso, new OECD chief stress importance of investment for development
_ Japanese Foreign Minister Taro Aso and visiting Secretary General Angel Gurria of the Organization for Economic Cooperation and Development on Thursday emphasized the significance of private investment to support economic growth and sustainable development. (Thu, 20 Jul 2006 10:09:39 GMT)

China announces biggest investment in Russia
The announcement of the "Baltic Pearl" project comes amid official efforts to expand Chinese-Russian trade and investment ties to match the warming political links between the former Cold War enemies. (Thu, 20 Jul 2006 10:10:50 GMT)

Govt shakes up trade and investment strategy
The government on Thursday unveiled a new strategy to increase the ability to attract foreign direct investment and boost trade with emerging high-growth economies such as China and India. (Thu, 20 Jul 2006 10:18:43 GMT)

INVESTMENT BANKING PROFIT SURGES
Investment banking profit jumped 47 percent to $522 million, helped by gains in mergers and acquisitions advising, underwriting and loan syndications. Profit from trading more than tripled, though it fell from the first quarter. (Thu, 20 Jul 2006 11:00:37 GMT)

Wachovia's Net Rises on Acquisitions, Investment Bank (Update1)
July 20 (Bloomberg) -- Wachovia Corp., the bank that's buying California mortgage lender Golden West Financial Corp. for $26 billion, said second-quarter earnings rose 14 percent as earlier acquisitions helped buoy profit margins on loans and investment-banking fees surged. (Thu, 20 Jul 2006 11:05:54 GMT)

China: Investment in Factories Soaring
China's investment in factories and other urban fixed assets soared by a stunning 31.3 percent in the first six months of the year, the government said Thursday, highlighting official worries that a building boom could ignite a financial crisis. (Thu, 20 Jul 2006 11:17:01 GMT)

China Says Investment in Factories Soars
China's investment in factories and other urban fixed assets soared by 31.3 percent in the first six months of the year, the government said Thursday, highlighting official worries that a building boom could ignite a financial crisis. (Thu, 20 Jul 2006 12:35:09 GMT)

Wachovia's Net Rises on Acquisitions, Investment Bank (Update2)
July 20 (Bloomberg) -- Wachovia Corp., the bank that's making this year's biggest financial-services acquisition, said second-quarter earnings rose 14 percent as earlier purchases boosted lending profit and investment-banking fees surged. (Thu, 20 Jul 2006 12:50:45 GMT)

PanAfrica: 'Africa Needs Domestic Investment' - AU
The deputy chairperson of the African Union has said that domestic investment was key to generating higher economic growth on the continent. (Thu, 20 Jul 2006 12:51:09 GMT)

Investment climate looks good: PM
India's investment climate has improved and the economic outlook for the near future is positive, despite constraints due to high oil prices and gaps in infrastructure, Prime Minister Manmohan Singh said today. (Thu, 20 Jul 2006 13:25:15 GMT)

FOREIGN DIRECT INVESTMENT SPIKES SUBSTANTIALLY: MOEA
Taipei, July 20 (CNA) Foreign direct investment in Taiwan posted a significant gain in the first half of this year, indicating that the government's efforts to lure inbound investment have borne fruit, officials said Thursday. (Thu, 20 Jul 2006 13:36:09 GMT)

Wachovia's Net Rises on Acquisitions, Investment Bank (Update3)
July 20 (Bloomberg) -- Wachovia Corp., the bank that's making this year's biggest financial-services acquisition, said second-quarter earnings rose 14 percent as earlier purchases boosted lending profit and investment-banking fees surged. (Thu, 20 Jul 2006 14:03:00 GMT)

TD Waterhouse maintains positive investment outlook
TD Waterhouse today updated its investment forecast for the balance of 2006, which re-iterates the six dominant themes the brokerage firm emphasized in January. (Thu, 20 Jul 2006 14:08:09 GMT)

India's investment climate looking good: PM
NEW DELHI: India's investment climate has improved and the economic outlook for the near future is positive, despite constraints due to high oil prices and gaps in infrastructure, Prime Minister Manmohan Singh said on Thursday. (Thu, 20 Jul 2006 14:30:07 GMT)

Nigeria: Ndukwe to Present Lead Paper At Telecom Investment And Finance Forum
The Executive Vice Chairman of the Nigerian Communications Commission, Dr. (Engr.) Ernest Ndukwe will present a lead discussion paper on the topic: Investing in the Nigerian Telecommunications Sector: Strategic Opportunities for Recapitalized Banks and Non-Bank Financial Institutions in the Unified License Regime at the forth coming Telecom Investment and Finance Forum organised by the (Thu, 20 Jul 2006 14:40:46 GMT)

Wachovia's Net Rises on Acquisitions, Investment Bank (Update5)
July 20 (Bloomberg) -- Wachovia Corp., the fourth-largest U.S. bank, said profit rose 14 percent to a record in the second quarter on acquisitions and higher investment-banking fees. (Thu, 20 Jul 2006 15:18:00 GMT)

USXP, ACEC and ITI Update the Investment Community in All-new Interviews With www.wallst.net
On July 14, Richard Altomare, CEO of Universal Express, Inc. (BULLETIN BOARD: USXP) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Thu, 20 Jul 2006 15:27:23 GMT)

Wachovia's Net Rises on Acquisitions, Investment Bank (Update5)
July 20 (Bloomberg) -- Wachovia Corp., the fourth-largest U.S. bank, said profit rose 14 percent to a record in the second quarter on acquisitions and higher investment-banking fees. (Thu, 20 Jul 2006 15:32:44 GMT)

Manarin Investment Counsel’s Lifetime Achievement Fund Making Waves as Unique Mutual Fund Option
While Manarin Investment Counsel’s Lifetime Achievement Fund (LFTAX) is just one fund among the many in the mutual fund market today, it’s is a fund of funds that stands out by way of its savvy philosophy, makeup, and commitment to building long-term wealth for investors. (Thu, 20 Jul 2006 16:21:15 GMT)

Koronadal eyes tuba-tuba as key investment crop
KORONADAL CITY -- The City Government here has identified tuba-tuba (Jatropha curcas) as its newest investment priority area. A streamer announcing tuba-tuba as a key crop for this agricultural city is displayed at a major intersection in the down town area to encourage farmers to adopt the crop. (Thu, 20 Jul 2006 16:30:38 GMT)

Sudan: Ethiopia Said Enjoying Strong Trade, Investment Relations With Sudan, Yemen
Ethiopia is enjoying strong trade and investment relations with the Sudan and Yemen, Ethiopian ambassadors to the respective countries said. (Thu, 20 Jul 2006 16:50:49 GMT)

Tata to assess situation on proposed investment plan for next 8 months
Although Tata Group has suspended its US$ 3.0 billion investment proposal in Bangladesh, the Indian industry giant will observe the developments in the country in next 6-8 months, reports BDNews. (Thu, 20 Jul 2006 18:25:44 GMT)

Fort Washington stepping down as state's investment advisor
The New Mexico State Investment Council says it has terminated Fort Washington Capital Partners as its advisor for state investment in venture capital funds. (Thu, 20 Jul 2006 19:21:03 GMT)

Investment Management Newsflashes: M.D. Sass Live on SunGard's IM Power, and more
M.D. Sass Live on SunGard's IM Power, Thomson Partners With Business Architects, UBS Opens High Net Worth Office in U.S., Northern Trust Appoints Head of Global Investment Solutions (Thu, 20 Jul 2006 19:26:04 GMT)

Investment Management Newsflashes: M.D. Sass Live on SunGard's IM Power, and more
M.D. Sass />, a leading multi-discipline investment management firm with approximately $8 billion in assets under management, went live this month on IMpower , SunGard's ASP solution for portfolio managers. (Thu, 20 Jul 2006 19:32:24 GMT)

Boutique Investment Banks Now Available at a Discount of Sorts
Societe Generale is being panned for capping off a poorly executed investment in Cowen with a perhaps even worse managed IPO of the boutique investment bank. (Thu, 20 Jul 2006 19:42:00 GMT)

Riverbank Investment Corp.: NASDAQ Set Ex-Dividend Date as July 25, 2006
Riverbank Investment Corp. ('RRBK' or the'Company') (PINKSHEETS: RRBK) announced earlier that the board of directorsof Riverbank have approved that all shareholders of record on close ofbusiness Eastern Daylight Time, July 10, 2006 (the 'Record Date') willreceive a dividend of common stock of Paychest, Inc. (PINKSHEETS: PYCT)('stock dividend') on a prorated basis of 10 Paychest shares for each (Thu, 20 Jul 2006 19:58:35 GMT)

Senate panel opposes airline investment change
A Senate committee voted on Thursday to temporarily block a Bush administration proposal to ease restrictions on foreign investment in U.S. airlines. (Thu, 20 Jul 2006 20:39:35 GMT)

Senate panel opposes airline investment change
A Senate committee voted on Thursday to temporarily block a Bush administration proposal to ease restrictions on foreign investment in U.S. airlines. (Thu, 20 Jul 2006 22:12:28 GMT)

Govt Approves RM15.2 Bln Investment In Electronic Industry
KUALA LUMPUR, July 21 (Bernama) -- A total of 224 electronic projects with a total investment of RM15.2 billion in the electronic industry were approved during the January 2005 to May 2006 period, International Trade and Industry Minister Datuk Seri Rafidah Aziz said Friday. (Fri, 21 Jul 2006 06:26:49 GMT)

INBOUND INVESTMENT UP IN FIRST SIX MONTHS OF 2006: MOEA OFFICIAL
Taipei, July 21 (CNA) Direct inbound investment into Taiwan during the first six months of this year amounted to US$6.95 billion, marking a phenomenal increase of 530.54 percent year-on-year, an official with the Ministry of Economic Affairs (MOEA) said Friday. (Fri, 21 Jul 2006 07:51:09 GMT)

ADAG proposes investment in Orissa
Reliance Anil Dhirubhai Ambani Group proposed Rs 55,000 crore investment in Orissa for setting up power plants, a health city and an IT project. (Fri, 21 Jul 2006 08:08:35 GMT)

PORTFOLIO ARK.-BASED INVESTMENT FIRM OPENING OFFICE IN JACKSON
Stephens Inc., a Little Rock-based investment banking firm, is opening a public finance office in Jackson. (Fri, 21 Jul 2006 10:16:26 GMT)

GREECE: Investment Fund Builds Strong Position in Piraeus Bank
According to reliable sources that want to keep their anonymity, an Investment fund is building up position in Piraeus Bank. Its current stake is estimated at 2.5-3%. (Fri, 21 Jul 2006 10:27:25 GMT)

Private sector's role should not be limited to investment in education: PM
Udaipur, July 21 (ANI): Asserting that the private educational institutions in the country should have the freedom to play a proper role in providing education, Prime Minister Manmohan Singh said today that the private sector's role should not be limited to providing investment in the field. (Fri, 21 Jul 2006 11:33:18 GMT)

Investment in fixed capital up 10% in June
MOSCOW. June 21 (Interfax) - Investment in fixed capital in Russia grew 10% year-on-year to 366.7 billion rubles in June, the Federal State Statistics Service (Rosstat) said on Friday. (Fri, 21 Jul 2006 11:37:30 GMT)

Russia posts higher capital investment
RBC, 21.07.2006, Moscow 15:32:35. Russia's capital investment grew 10 percent to RUR366.7bn (approx. USD13.6bn) in June 2006 compared to the same period a year before, and 15.7 percent from May 2006, a Russian Federal State Statistics Service (Rosstat) report stated. (Fri, 21 Jul 2006 12:13:26 GMT)

Washington Real Estate Investment Trust sees profits drop
Washington Real Estate Investment Trust, which spent more than $130 million on acquisitions in the past three months, reported a drop in both net income and funds from operations in the second quarter. (Fri, 21 Jul 2006 14:04:11 GMT)

Japanese investment in India to grow $ 600 million this year
India - Japan - Investments Bullish on domestic demand potential, Japanese investment in India is set to increase three-fold to 600 million dollar this year from the last year's levels of 200 million dollars. (Fri, 21 Jul 2006 15:38:08 GMT)

Expanded investment incentives code ready for implementation
THE City Council has recently passed the Iloilo Investment Incentive Code of 2006. (Fri, 21 Jul 2006 16:35:02 GMT)

A judge in Texas has made clear that the three former NatWest investment bankers who are facing Enron-related fraud
A judge in Texas has made clear that the three former NatWest investment bankers who are facing Enron-related fraud charges will not be bailed back to the UK ahead of the trial. (Fri, 21 Jul 2006 16:41:26 GMT)

Koronadal eyes tuba-tuba as key investment crop
KORONADAL CITY -- The City Government here has identified tuba-tuba (Jatropha curcas) as its newest investment priority area. A streamer announcing tuba-tuba as a key crop for this agricultural city is displayed at a major intersection in the down town area to encourage farmers to adopt the crop. (Fri, 21 Jul 2006 16:45:01 GMT)

Mwana Africa shares rise on investment report
Share of Mwana Africa Plc, a London-based company that controls Zimbabwe's largest nickel producer, rose following a report that it agreed to an investment in a planned R690-million nickel mine. (Fri, 21 Jul 2006 17:11:36 GMT)

Private investment plummets
Investment by the private sector has lowered to 8 percent of the Gross Domestic Product (GDP) after up to 20 percent in 1970, Federation of Trade and Industry Chambers (Fedecámaras) Chair José Luis Betancourt said. (Fri, 21 Jul 2006 17:11:55 GMT)

Investment buying propels Greenply
Greenply Industries Ltd gained almost 5 per cent on Friday in an otherwise bearish market. The stock, which ended at Rs 89 on the BSE, reportedly witnessed investment buying on the back of strong fundamentals. (Fri, 21 Jul 2006 18:46:45 GMT)

CESC's investment plans
KOLKATA: Power utility CESC on Friday said it would invest Rs. 20,000 crore in Jharkhand, Orissa and West Bengal over the next six years to revamp its generation capacity. "We are looking at an investment of Rs. 20,000 crore in the sector ... (Fri, 21 Jul 2006 19:40:20 GMT)

Morgan Stanley Investment Management Releases Institutional Closed-End Fund Monthly Portfolio Holdings Information
NEW YORK----July 21, 2006--Morgan Stanley Investment Management, Inc. announced today that it will post selected information regarding all Morgan Stanley Investment Management-sponsored Institutional Closed-End Funds to its public web-site at www.morganstanley.com/im on July 24, 2006. (Fri, 21 Jul 2006 20:38:00 GMT)

Namibia: BEE Investment in Cymot
Stimulus Investments Limited has announced that it has concluded a transaction whereby it has made an investment in Cymot Investments (Pty) Ltd. Cymot is a Namibian company, operating on a wholesale and retail basis throughout Namibia via an extensive, country-wide branch network. (Fri, 21 Jul 2006 21:53:29 GMT)

Anil Ambani unveils huge investment plan for Orissa
Anil Ambani, the chairman of the Reliance Anil Dhirubhai Ambani Group, on Friday unveiled a Rs 61,500-crore investment plan for Orissa, which includes a 12,000-MW coal-fired power plant, the largest of its kind in the world. (Fri, 21 Jul 2006 22:01:50 GMT)

Savan-Seno economic zone attracts more foreign investment
The companies from Vietnam and China are waiting for Savannakhet province to allocate areas in the Savan-Seno Special Economic Zone to respond their investment. (Fri, 21 Jul 2006 22:40:41 GMT)

Beijing gobbles up 50% of foriegn investment in real estate
Half of the foreign direct investment in in China's property market has been poured into Beijing's new high-rise buildings, said an analyst from international property adviser Debenham Tie Leung (DTZ) said. (Sat, 22 Jul 2006 03:02:50 GMT)

National Fruit investment group reassures workers
Winchester — A National Fruit Product Co. Inc. official admits the company has had “cash flow problems,” but the investment group that could be taking over ownership of the fruit processor is positioning itself for growth. (Sat, 22 Jul 2006 04:56:14 GMT)

Investment group reaches deal to buy Wachovia Plaza
An investment group led by an Orlando, Fla., developer has bought Wachovia Plaza and is planning major renovations. RealTrend Inc. paid $5.6 million for the eight-story office building on Fourth Avenue North. (Sat, 22 Jul 2006 07:17:00 GMT)

Gulf Investment Corporation: first half 2006 performance
Gulf Investment Corporation reported a net income of US$ 167.2 million for the six month period ending 30th June 2006, compared to US$ 155.0 million for the same period in 2005. (Sat, 22 Jul 2006 08:29:09 GMT)

Bahrain plans investment push in 10 more nations
MANAMA: Bahrain will take its investment promotion campaign to 10 more destinations after the end of the summer, Industry and Commerce Minister Dr Hassan Fakhro revealed last night. (Sat, 22 Jul 2006 09:37:16 GMT)

Donald Trump Jr to unveil investment strategies at Cityscape Dubai 2006
Cityscape, the world largest international property investment event has announced that Donald Trump Jr., Managing Director of the Trump Organization, is to deliver the key opening address at this year's conference. The conference will be held at the Dubai International Exhibition Centre on December 4-6, 2006. (Sat, 22 Jul 2006 09:50:12 GMT)

Make your real estate investment more successful
For years we have been hearing the real estate mantra of "location, location, location," but is that really what drives the success of an investment? I agree with the pundits that you can charge more rent at a better location and potentially have more return. (Sat, 22 Jul 2006 14:35:05 GMT)

FBCCI president seeks Chilean investment
Chilean Economic Vice-Minister and Vice-President of Foreign Investment Committee Carlos Eduardo Mena underscored the need for reciprocal investment activities to increase the volume of trade and reduce the existing trade gap between Bangladesh and Chile. (Sat, 22 Jul 2006 16:25:47 GMT)

Koronadal eyes tuba-tuba as key investment crop
KORONADAL CITY -- The City Government here has identified tuba-tuba (Jatropha curcas) as its newest investment priority area. A streamer announcing tuba-tuba as a key crop for this agricultural city is displayed at a major intersection in the down town area to encourage farmers to adopt the crop. (Sat, 22 Jul 2006 16:59:41 GMT)

Gulf Investment Corp. H1 profits up eight per cent
KUWAIT CITY - Gulf Investment Corporation (GIC) on Saturday announced first half profits of 167.5 million dollars -- up eight per cent on the 155 million dollars posted in the same period last year. (Sat, 22 Jul 2006 17:26:48 GMT)

Gulf Investment Corp. H1 profits up eight percent
Gulf Investment Corporation (GIC) announced first half profits of 167.5 million dollars -- up eight percent on the 155 million dollars posted in the same period last year. (Sat, 22 Jul 2006 19:06:48 GMT)

Gulf Investment Corp. H1 profits up eight percent
Gulf Investment Corporation (GIC) chairman Yussef al-Ibrahim, seen here in 2002, announced first half profits of 167.5 million dollars -- up eight percent on the 155 million dollars posted in the same period last year. (Sat, 22 Jul 2006 19:24:03 GMT)

Taipei Forum to Focus on China Investment
The Taiwan government may allow a number of companies to invest more in rival China but will not grant an overall relaxation of its investment restrictions, a senior government official said. (Sun, 23 Jul 2006 05:05:57 GMT)

IFC to promote private sector power investment
HA NOI — The International Finance Corporation (IFC), the private sector arm of the World Bank Group, yesterday received a lead advisory mandate from the Vietnamese Government to mobilise private sector investment in electricity generation projects. (Sun, 23 Jul 2006 09:56:27 GMT)

China eases capital controls on overseas investment
China's foreign exchange authority has granted 4.8 billion dollars in overseas investment quotas as part of efforts to allow the greater convertibility of the yuan. (Sun, 23 Jul 2006 11:40:54 GMT)

Rajasthan bid to attract Japanese investment
Jaipur: In a bid to woo Japanese investment, the Rajasthan State Industrial Development and Investment Corp Ltd (RIICO) has signed a memorandum of understanding (MOU) with the Japan External Trade Organisation (JETRO). (Sun, 23 Jul 2006 11:45:13 GMT)

China eases capital controls on overseas investment
Photo dated May 2006 shows a Chinese woman holding hundred-yuan notes at a bank in Beijing. China's foreign exchange authority has granted 4.8 billion dollars in overseas investment quotas as part of efforts to allow the greater convertibility of the yuan. (Sun, 23 Jul 2006 11:47:56 GMT)

China grants $4.8 bn overseas investment quotas
Beijing, July 23 (Xinhua) China's foreign exchange authority has granted overseas investment quotas totaling $ 4.8 billion to three qualified domestic institutional investors. (Sun, 23 Jul 2006 13:33:04 GMT)

(AFX UK Focus) 2006-07-23 16:44 GMT: China eases capital controls on overseas investment
BEIJING (AFX) - China's foreign exchange authority has granted 4.8 bln usd in overseas investment quotas as part of efforts to allow the greater convertibility of the yuan, state new agency, Xinhua reported. (Sun, 23 Jul 2006 16:15:49 GMT)

China grants $4.8 bn overseas investment quotas
Beijing: China's foreign exchange authority has granted overseas investment quotas totaling $ 4.8 billion to three qualified domestic institutional investors. (Sun, 23 Jul 2006 17:07:45 GMT)

Koronadal eyes tuba-tuba as key investment crop
KORONADAL CITY -- The City Government here has identified tuba-tuba (Jatropha curcas) as its newest investment priority area. A streamer announcing tuba-tuba as a key crop for this agricultural city is displayed at a major intersection in the down town area to encourage farmers to adopt the crop. (Sun, 23 Jul 2006 17:14:21 GMT)

Ross Sells Investment Firm
Billionaire investor Wilbur L. Ross Jr. agreed Sunday to sell the investment company he founded six years ago to British investment company AMVESCAP PLC, aiming to expand into new capital markets overseas. (Sun, 23 Jul 2006 21:14:55 GMT)

Ross sells investment firm to British co.
Billionaire investor Wilbur L. Ross Jr. agreed Sunday to sell the investment company he founded six years ago to British investment company AMVESCAP PLC, aiming to expand into new capital markets overseas. (Sun, 23 Jul 2006 21:37:30 GMT)

China to Limit Real Estate Investment
BEIJING (AP) - China on Monday released proposed rules to limit foreign investment in real estate amid quickening efforts to cool off the surging economy, an official news agency said. china economy The government has tried to rein in an investment boom by raising interest rates, tightening lending rules and banning some construction projects outright. Officials worry that excessive spending on (Mon, 24 Jul 2006 07:35:59 GMT)

China to Limit Real Estate Investment
China on Monday released proposed rules to limit foreign investment in real estate amid quickening efforts to cool off the surging economy, an official news agency said. china economy (Mon, 24 Jul 2006 08:03:59 GMT)

Ross to sell his investment firm to AMVESCAP
NEW YORK -- Billionaire investor Wilbur L. Ross Jr. agreed yesterday to sell the investment company he founded six years ago to the British investment company AMVESCAP , aiming to expand into new capital markets overseas. (Mon, 24 Jul 2006 08:11:35 GMT)

China to Limit Real Estate Investment
The government has tried to rein in an investment boom by raising interest rates, tightening lending rules and banning some construction projects outright. (Mon, 24 Jul 2006 08:34:28 GMT)

China prohibits investment in small copper smelters
SHANGHAI, July 24 (Reuters) - China will prohibit new investment in copper smelters with annual capacity of less than 100,000 tonnes, or those that lack access to raw materials, under a policy aimed at staving off new entrants to the sector. (Mon, 24 Jul 2006 08:39:12 GMT)

China to limit real estate investment
China on Monday released proposed rules to limit foreign investment in real estate amid quickening efforts to cool off the surging economy, an official news agency said. (Mon, 24 Jul 2006 08:54:35 GMT)

China's Hu pledges to rein in investment-Xinhua
BEIJING, July 24 (Reuters) - China's President Hu Jintao has called for steps to rein in rapid growth in fixed asset investment in the second half of this year, the official Xinhua news agency said on Monday. (Mon, 24 Jul 2006 10:50:06 GMT)

Medicine + tech = great investment (someday)
It's hard to know what to make of Andy Kessler's latest book, The End of Medicine. The former research analyst and investment banker spent 20 years on Wall Street analyzing and investing in the latest and greatest technology. He ran a successful tech hedge fund from 1996 to 2001 with Fred Kittler. (Mon, 24 Jul 2006 11:03:01 GMT)

China to limit foreign real estate investment
BEIJING - China today released proposed rules to limit foreign investment in real estate amid quickening efforts to cool off the surging economy, an official news agency said. (Mon, 24 Jul 2006 11:49:27 GMT)

San Antonio Gains on Houston and Dallas With Toyota Investment
July 24 (Bloomberg) -- When Mario Hernandez started making trips to Japan in 1986 to promote investment in San Antonio, most of the executives he met knew nothing about his city. (Mon, 24 Jul 2006 13:47:50 GMT)

China’s president pledges to rein in investment
BEIJING - China’s President Hu Jintao has called for steps to rein in rapid growth in fixed-asset investment in the second half of this year, underlining Beijing’s concerns about economic overheating, state media said on Monday. (Mon, 24 Jul 2006 13:58:09 GMT)

RBC Capital Markets appoints London team to focus on Alternative Investment Market
RBC Capital Markets today announced the formation of a London-based team within the firm’s investment banking division. (Mon, 24 Jul 2006 14:23:08 GMT)

San Antonio Gains on Houston and Dallas With Toyota Investment
July 24 (Bloomberg) -- When Mario Hernandez started making trips to Japan in 1986 to promote investment in San Antonio, most of the executives he met knew nothing about his city. (Mon, 24 Jul 2006 16:18:00 GMT)

RBC Capital Markets appoints London team to focus on Alternative Investment Market
RBC Capital Markets today announced the formation of a London-based team within the firm’s investment banking division. (Mon, 24 Jul 2006 16:38:11 GMT)

Washington Real Estate Investment Trust names 2 trustees
Washington Real Estate Investment Trust's board has appointed two new trustees. (Mon, 24 Jul 2006 18:05:47 GMT)

Register for the SCIA - Southern California Investment Association's National Investment Conference in Irvine, CA,
Register now to attend Saturday, August5th's investment conference for growth opportunities from 7:15 a.m. to 1p.m. at the Hilton across from the Orange County John Wayne Airport (code:SNA), 18800 MacArthur Boulevard, Irvine, CA 92612. Seating is limited tothe buy/sell side and accredited investors. For discount, register inadvance at: www.sciaonline.org. (Mon, 24 Jul 2006 18:43:25 GMT)

France: Investment Fund to Buy PagesJaunes Stake
France Télécom said it was in talks to sell its 54 percent stake in the yellow pages service PagesJaunes to the New York investment fund Kohlberg, Kravis Roberts & Company for $4.18 billion. Kohlberg’s bid values PagesJaunes at 22 euros ($27.90) a share, or 3.3 billion euros ($4.18 billion), for the 54 percent stake, France Télécom said. The fund plans a buyout offer for the remaining shares in (Tue, 25 Jul 2006 03:35:43 GMT)

Curbs on foreign property investment likely to force cooling
HONG KONG (MarketWatch) -- Regulations announced by Beijing on Monday to curb foreign investment in the real-estate market should be effective in cooling speculation in the luxury segment, according to economists. (Tue, 25 Jul 2006 03:47:21 GMT)

Japan to enhance investment in Bangladesh: Aso
Japanese Foreign Minister Taro Aso said Tokyo would set up a mechanism to boost investment in Bangladesh and consider backing bridge and port construction projects in the South Asian country. (Tue, 25 Jul 2006 10:10:05 GMT)

Aurora Russia makes debut investment
Aurora Russia has made its first investment in Russia following its AIM IPO in March, the group said today, as it bought a stake in OSG Records Management. (Tue, 25 Jul 2006 10:15:10 GMT)

Foreign Investment in Bangladesh Up
Foreign investment in Bangladesh rose 83.6 percent to US$845.3 million last year, the central bank said in a report. (Tue, 25 Jul 2006 11:14:19 GMT)

INVESTMENT IN CENTRAL TAIWAN SCIENCE PARK REACHES US$46.15 BILLION
Taipei, July 25 (CNA) Investment in the Central Taiwan Science Park has reached NT$1.5 trillion (US$46.15 billion) over the past three years, a park official said Tuesday. (Tue, 25 Jul 2006 11:21:30 GMT)

Cargill investment leads agency review
A $120 million investment by Cargill in a new soybean crushing plant led a list of new investments reviewed by the board of Kansas City’s largest development agency Friday. (Tue, 25 Jul 2006 12:13:54 GMT)

BULGARIA: Deutsche Bank Property Unit Closes First Investment in Bulgaria
RREEF, the real estate investment arm of Deutsche Asset Management, the global investment management business of Deutsche Bank, has formed a joint venture with Bulgarian property developer Winslow Developments to develop real estate projects in Bulgaria, the German bank said in a press release on Monday, July 24. (Tue, 25 Jul 2006 13:12:26 GMT)

Zillow.com(TM) Receives $25 Million Investment
Zillow.com, the real estate Web site with free, instant values on nearly 67 million U.S. homes, today announced a $25 million Series B round of financing. The round was led by investment fund PAR Capital Management, which joined previous investors including Benchmark Capital and Technology Crossover Ventures (TCV). Zillow has raised $57 million to date. (Tue, 25 Jul 2006 15:56:22 GMT)

Japan to enhance investment in Bangladesh: Aso
Japanese Foreign Minister Taro Aso said Tokyo would set up a mechanism to boost investment in Bangladesh and consider backing bridge and port construction projects in the South Asian country. (Tue, 25 Jul 2006 16:04:46 GMT)

Venture investment recaptures past zeniths
Venture capital investment in companies in eastern Pennsylvania, South Jersey and Delaware hit levels in the second quarter not seen since the end of the Internet boom, according to a report released Tuesday. (Tue, 25 Jul 2006 16:14:16 GMT)

NeuStar to Present at the Avondale Partners Small Cap Internet Tech & Communications Investment Conference
NeuStar Inc. today announced that Jeff Babka, Senior Vice President and Chief Financial Officer, and Paul Lalljie, Vice President, Finance-Investor Relations, will present at the Avondale Partners Small Cap Internet Tech & Communications Investment Conference. They are scheduled to present on Thursday, August 10, at 10:10 a.m. Pacific Time from the Omni Hotel in San Francisco. (Tue, 25 Jul 2006 16:15:09 GMT)

Japan to enhance investment in Bangladesh: Aso
Japanese Foreign Minister Taro Aso speaks in Dhaka. Aso said Tokyo would set up a mechanism to boost investment in Bangladesh and consider backing bridge and port construction projects in the South Asian country. (Tue, 25 Jul 2006 16:17:59 GMT)

Investment morale to improve
Investment sentiment in the Stock Exchange of Thailand will improve as the remaining three members of the Election Commission ended up in jail, paving the way for the selection of a new one. (Tue, 25 Jul 2006 16:56:29 GMT)

Japan leads foreign investment
Japanese investors had the highest record for investment in Thailand with 39.02 billion baht, or around 43 percent of total foreign investment during the firs five months while total investment outlook expected to slow due to politic problem. (Tue, 25 Jul 2006 16:56:39 GMT)

France: Investment Fund to Buy PagesJaunes Stake
France Télécom said it was in talks to sell its 54 percent stake in the yellow pages service PagesJaunes to the New York investment fund Kohlberg, Kravis Roberts & Company for $4.18 billion. Kohlberg’s bid values PagesJaunes at 22 euros ($27.90) a share, or 3.3 billion euros ($4.18 billion), for the 54 percent stake, France Télécom said. The fund plans a buyout offer for the remaining shares in (Tue, 25 Jul 2006 17:45:04 GMT)

Phoenix Gold sold to investment group
Phoenix Gold International has been bought by local investment group PHX AP Acquisitions and Phoenix Gold Vice President Tom O'Mara. (Tue, 25 Jul 2006 17:51:47 GMT)

CLX Investment Company Announces Distribution Agreement for Zonda's HandiLab Test in Italy
CLX Investment Company, Inc. (OTCBB: CLXN), adiversified investment fund with holdings in e-learning, global advertisingand diagnostic testing markets, today announced that portfolio investmentZonda Incorporated, which specializes in diagnostic tests that serve themedical, bacterial food safety, cosmetic, beverage, pharmaceutical,veterinary, and environmental sanitation testing markets, has (Tue, 25 Jul 2006 17:57:32 GMT)

Xstrata gets Investment Canada approval for Falconbridge bid
TORONTO (CP) - Xstrata PLC (LSE:XTA) said Tuesday that its takeover bid for Falconbridge Ltd. (TSX:FAL) has been cleared under the Investment Canada Act. (Tue, 25 Jul 2006 21:20:06 GMT)

Drumbeat for Chinese investment curbs grows louder
BEIJING, July 26 (Reuters) - China must clamp down on new capital spending, Xinhua news agency said on Wednesday in the latest sign of high-level concern that breakneck investment spells danger for the world's fourth-largest economy. (Wed, 26 Jul 2006 05:32:39 GMT)

France: Investment Fund to Buy PagesJaunes Stake
France Télécom said it was in talks to sell its 54 percent stake in the yellow pages service PagesJaunes to the New York investment fund Kohlberg, Kravis Roberts & Company for $4.18 billion. Kohlberg’s bid values PagesJaunes at 22 euros ($27.90) a share, or 3.3 billion euros ($4.18 billion), for the 54 percent stake, France Télécom said. The fund plans a buyout offer for the remaining shares in (Wed, 26 Jul 2006 05:55:14 GMT)

OMAN'S FTA WITH US EXPECTED TO ATTRACT FOREIGN INVESTMENT
Trade / foreign investment The Sultanate of Oman's free trade agreement (FTA) with the United States is expected to attract more foreign investment in the long run, also enabling the country to find assured markets for its gas-based industries. (Wed, 26 Jul 2006 06:02:37 GMT)

Oman's FTA With US Expected To Attract Foreign Investment
The Sultanate of Oman's free trade agreement (FTA) with the United States is expected to attract more foreign investment in the long run, also enabling the country to find assured markets for its gas-based industries. (Wed, 26 Jul 2006 06:02:37 GMT)

Investment firm AFIC lifts annual profit
Australia's largest investment company is predicting increasing company valuations and cost pressures will bring a high flying Australian share market back down to earth this year. (Wed, 26 Jul 2006 06:40:48 GMT)

Mass. moves to revoke man's investment license
Massachusetts Secretary of State William F. Galvin moved to revoke the license of a Bolton investment adviser, saying he failed to disclose past federal sanctions. In an administrative proceeding, Galvin charged that Raymond L. Grenier and his firm, Bolton Securities Corp. , failed to disclose Grenier had been fined by the Securities and Exchange Commission and barred from acting in ... (Wed, 26 Jul 2006 08:26:53 GMT)

Keystone Development Group Inc. Offers Investment Opportunity for World Class Hospital Project in Hanoi
NEW YORK, July 26 /PRNewswire/ -- The Keystone Development Group, Inc., a U.S.-based company is offering a foreign investment opportunity (http://www.us-hospital-vn.com/) in Hanoi, Vietnam. (Wed, 26 Jul 2006 09:27:46 GMT)

CHARTER FLIGHTS, INVESTMENT CEILING NOT ON ECONOMIC CONFERENCE AGENDA
Taipei, July 26 (CNA) The government respects a decision reached in a panel discussion not to put charter flights and the investment ceiling on the agenda of the Cabinet-sponsored Taiwan Economic Sustainable Development Conference that opens Thursday, government spokesman Cheng Wen-tsan said Wednesday. (Wed, 26 Jul 2006 12:06:09 GMT)

Gov't commission considers investment projects
RBC, 26.07.2006, Moscow 15:27:09. A governmental commission for investment projects managed to consider only four projects to be financed from the Investment Fund at its meeting today, Economy Minister German Gref said. (Wed, 26 Jul 2006 12:13:26 GMT)

Xstrata gets Investment Canada approval for Falconbridge bid
TORONTO (CP) - Xstrata PLC (LSE:XTA) said Tuesday that its takeover bid for Falconbridge Ltd. (TSX:FAL) had been cleared under the Investment Canada Act, taking away the final regulatory hurdle for the transaction to proceed. (Wed, 26 Jul 2006 12:56:59 GMT)

KazTransGaz unveils 2007 investment plans
RBC, 26.07.2006, Moscow 17:48:14. KazTransGaz intends to allocate some $160m for the investment in 2007, the company's press service reports. (Wed, 26 Jul 2006 14:13:37 GMT)

South Africa: Top Speakers for Real Estate Investment Trust Conference
THERE will be several international speakers at the real estate investment trust (Reit) conference to be hosted by the Property Loan Stock Association at the Sandton Convention Centre on August 16-17. (Wed, 26 Jul 2006 14:43:42 GMT)

Investment Fund spending proposals to be submitted to gov't
RBC, 26.07.2006, Moscow 18:25:20. Seven projects to make use of the Investment Fund resources may be submitted to the government in early August 2006, German Gref, Russian Economy Minister, told journalists today. (Wed, 26 Jul 2006 15:13:36 GMT)

NCTW, CFW and CHDX Update the Investment Community in All-New Interviews With WallSt.net
On July 24, Sandro Piancone, President of Nascent Wine Company, Inc. (BULLETIN BOARD: NCTW) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Wed, 26 Jul 2006 15:27:04 GMT)

CLX Investment Company Announces Zonda, Inc. Attendance at AACC Annual Meeting and Clinical Lab Expo
CLX Investment Company, Inc. (OTCBB: CLXN), adiversified investment fund with holdings in e-learning, global advertisingand diagnostic testing markets, today announced that management ofportfolio investment Zonda Incorporated is attending the AmericanAssociation for Clinical Chemistry's 2006 Annual Meeting and Expositionbeing held this week at the McCormick Place Convention Center in Chicago. (Wed, 26 Jul 2006 18:11:05 GMT)

CLX Investment Company Announces Zonda, Inc. Attendance at AACC Annual Meeting and Clinical Lab Expo
CLX Investment Company, Inc. (OTCBB: CLXN), a d (Wed, 26 Jul 2006 18:14:12 GMT)

GAO Report: NASA: Long-Term Commitment to and Investment in Space Exploration Requires More Knowledge
GAO Report: NASA: Long-Term Commitment to and Investment in Space Exploration Requires More Knowledge - SpaceRef (Wed, 26 Jul 2006 19:24:33 GMT)

Investment Opportunities for Accredited Investors in the Precious Metals Markets
If you are an accredited investor, there are additional investment opportunities available to you. (Wed, 26 Jul 2006 19:29:57 GMT)

Investment Fund Picks 4 Projects
A government commission chose four infrastructure projects Wednesday for financial support under the state investment fund this year, the Economic Development and Trade Ministry said. (Wed, 26 Jul 2006 20:25:50 GMT)

Schwab Cautions Investors: It's More Important Than Ever to be Aware of Investment Fees
A study by the Schwab Center for Investment Research (SCIR) indicates investors who are used to the lofty returns of the past 35 years may be facing a harsh reality check. The research, which closely examines the factors that affect long-term returns, confirms that market returns over the next 20 years will likely be significantly lower than some investors have come to expect. The report suggests (Wed, 26 Jul 2006 21:26:53 GMT)

Investment climate clouded
Two cases of dilution of the stock of two Ukrainian industrial assets have cast a cloud over the country’s ability to attract Western investment. (Wed, 26 Jul 2006 21:32:37 GMT)

Iraq oil minister calls for more foreign investment
Iraq's oil minister Hussein al-Shahristani said that boosting foreign investment is vital to increasing the country's oil output as he met in Washington with executives from major energy groups. (Wed, 26 Jul 2006 21:37:07 GMT)

TSU TO 'DECLARE WAR' IF CHINA-BOUND INVESTMENT CEILING RELAXED
Taipei, July 27 (CNA) A group of Taiwan Solidarity Union (TSU) legislators threatened Thursday to take to the streets "to declare war against the Cabinet" if it relaxes the ceiling on China-bound investment. (Thu, 27 Jul 2006 07:51:09 GMT)

Scheme to promote investment
Lizzie Murphy A NEW way of promoting commercial investment in Bradford's deprived areas is being piloted by the Government. (27/07/2006 09:36:33) (Thu, 27 Jul 2006 08:43:16 GMT)

TACOMA: Russell Investment chairman will advise government body
Michael Phillips, chairman of Russell Investment Group, will serve as a new U.S. member of the National Center for Asian Pacific Economic Cooperation business advisory council. (Thu, 27 Jul 2006 08:57:29 GMT)

Investment Evaluation
Catalyst Paper Corp. urged its shareholders yesterday to hold off on tendering any shares while the company's board studies a proposal by a New York investment firm to increase its stake in Catalyst to nearly 40 per cent. (Thu, 27 Jul 2006 09:13:50 GMT)

Investment fears if delay hits planning decisions
The man who held one of the most senior positions in Northern Ireland's planning system has voiced fears about investment opportunities being missed through decision delays. (Thu, 27 Jul 2006 09:18:08 GMT)

Investment-Grade Bonds Set to Beat Junk Debt for Second Month
July 27 (Bloomberg) -- Investment-grade bonds are returning more than junk-rated debt for a second month as investors grow increasingly concerned that slower economic growth will hurt earnings and spur defaults. (Thu, 27 Jul 2006 10:32:50 GMT)

MF investment norms relaxed
The Reserve Bank has raised the ceiling of investments that can be made by registered domestic Mutual Funds (MFs) in overseas markets, besides expanding the investment options available to them. (Thu, 27 Jul 2006 10:38:26 GMT)

ONTINUING ARE ACCREDITATION COMMISSION FREEHOLD, NJ 800-438-0888 A wise investment
ONTINUING ARE ACCREDITATION COMMISSION FREEHOLD, NJ 800-438-0888 A wise investment in a great lifestyle. www.applewoodestates.com If you’re 62 or older, attend a “Growing Older, Growing Wiser” session at Applewood Estates and learn how retirement living has changed. (Thu, 27 Jul 2006 10:52:01 GMT)

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