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Investment News May 2007

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Electrosteel Casting says Board approves equity investment of upto 5 bln rupees
It said the associate company would be setting up a 1.3 MT a year integrated steel plant in the Indian state of Jharkhand. The equity investment would be phased in over a period of 2.5 years, Electrosteel Castings said. (Tue, 08 May 2007 08:34:06 GMT)

6 major investment orientations for the central government in 2007
There are six major investment orientations for the central Chinese government in 2007, according to a report released recently by the Department of Fixed Assets Investment (DFAI)under the National Development and Reform Commission (NDRC). They comprise adjusting and optimizing production mix, directly improving rural production and living conditions; spurring a coordinated growth of ... (Tue, 08 May 2007 08:37:51 GMT)

‘Burooj Properties’ launches a Property Investment Project in Jordan
During its participation in Cityscape Abu Dhabi, Burooj Properties, a solely owned subsidiary of Abu Dhabi Islamic Bank, launches property investment products within its property development project ‘Burooj Jordan’ located in Al Jeezah - south Amman. (Tue, 08 May 2007 09:01:27 GMT)

Joslin Rowe Reports Candidate Shortage Heats Up as Jobs in Investment Management Increase
08/05/2007 London’s investment management sector is suffering from a dearth of candidates and salaries are rocketing as a consequence, reports City recruitment agency Joslin Rowe. (Tue, 08 May 2007 09:14:25 GMT)

Hotel Lawyer: The Lodging Industry Think Tank "TOP 10" Investment Trends and Challenges | By Jim Butler
Hotel Lawyer at Meet the Money® -- the premier hotel financing conference. In an annual survey prepared for exclusive release at JMBM's Meet the Money® hotel finance conference, the Lodging Industry Investment Council (LIIC) "Top 10" Investment Trends and Challenges were unveiled on May 3, 2007. If you want to know what these industry leaders think about the industry, check this out . . . (Tue, 08 May 2007 09:22:09 GMT)

PERTRA, CENX and INSU Update the Investment Community in All-New Interviews With WallSt.net
On April 19, Erik Haugane, CEO of Pertra ASA updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Tue, 08 May 2007 10:59:42 GMT)

New policy will transform petroleum, chemicals, petrochemical investment regions: Paswan
New Delhi, May 8 (ANI): Chemicals and Fertilisers and Steel Minister Ram Vilas Paswan today said that the new policy on petroleum, chemicals andpetrochemical investment regions will transform India's image in the sector. Speaking to reporters after releasing the policy, Paswan said that apart from helping the overall development of the region, the PCPIRs would not only help in generating ... (Tue, 08 May 2007 11:07:02 GMT)

Is Ford money account investment safe?
Dear Dr. Don, I have money invested with Ford Interest Advantage money account that is not FDIC insured. Is this a safe investment? How do I find the credit rating for this company? (Tue, 08 May 2007 11:47:45 GMT)

Govt To Ensure Investment Environment Stays Highly Competitive
KUALA LUMPUR, May 8 (Bernama) -- The government will continue to ensure that the business and investment environment in Malaysia stays highly competitive and conducive for companies servicing the regional and global markets. (Tue, 08 May 2007 12:06:14 GMT)

Foreign investment in Uzbekistan up 80% in Q1
TASHKENT. May 8 (Interfax) - Foreign investment in Uzbekistan in January-March 2007 increased 80% year-on-year to $131.1 million, the Economics Ministry and State Statistics Committee said in a statement, published in the local media. (Tue, 08 May 2007 12:31:34 GMT)

New build is worst buy-to-let investment, experts warn
New build property is the worst buy-to-let investment in the current financial climate, industry experts have warned. (Tue, 08 May 2007 12:42:52 GMT)

NovoDynamics® Announces a Multi-Million Dollar Strategic Investment and Technology Advancement ...
ANN ARBOR, Mich., April 2 - NovoDynamics Inc., the creator of VERUS(TM), the most advanced Middle Eastern optical character recognition (OCR) software, announced today that it has entered into a multi-million dollar strategic investment and technology advancement agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technologies to support the mission of ... (Tue, 08 May 2007 13:09:37 GMT)

Ethiopia: Industrial Leases Shift to Investment Authority, Increase Price
The Addis Abeba city Caretaker Administration (AACCA) Cabinet passed a decision to handle requests for industrial plots over 5,000sqm through the City Investment Authority and to increase the lease price of land. (Tue, 08 May 2007 13:22:04 GMT)

Patrick to push for biotech investment 'on par with California'
BOSTON Governor Patrick is proposing that Massachusetts make a multi-year investment in the state's biotechnology industry. (Tue, 08 May 2007 14:32:22 GMT)

Mass. Governor Pushes Biotech Investment
Gov. Deval Patrick, eager to attract more biotechnology business, on Tuesday will propose that Massachusetts make a multiyear investment in the industry to rival California, which has approved spending $3 billion on stem cell research. (Tue, 08 May 2007 15:06:03 GMT)

Brazil Real Holds Near 6-Year High on Export, Investment Flows
May 8 (Bloomberg) -- Brazil's real held near a six-year high amid expectations of rising dollar inflows from exports and foreign investment in the country's stock and bond markets. (Tue, 08 May 2007 15:10:45 GMT)

Annan calls for investment to heal wounds of slavery
Former United Nations secretary-general Kofi Annan called today for a 'bold investment' in poverty relief in Africa to heal the past wounds of slavery. (Tue, 08 May 2007 15:23:17 GMT)

Annan calls for investment to heal wounds of slavery
Former United Nations secretary-general Kofi Annan called for a 'bold investment' in poverty relief in Africa to heal the past wounds of slavery. (Tue, 08 May 2007 15:44:25 GMT)

Patrick to push for biotech investment 'on par with California'
BOSTON Governor Patrick is proposing that Massachusetts make a multi-year investment in the state's biotechnology industry. (Tue, 08 May 2007 16:18:32 GMT)

Gov. to push $1 billion investment on stem-cell, other research
BOSTON - Gov. Deval Patrick, eager to attract more biotechnology business, on Tuesday will propose that Massachusetts make a $1 billion investment in the industry to challenge California as a hub of... (Tue, 08 May 2007 16:29:17 GMT)

S3 Investment Company Announces Auditing Firm for Redwood Capital Subsidiary Reverse Merger Client
S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the Chinamarket, today announced that Jimmy C.H. Cheung & Co. has been signed as theauditing firm for Redwood Capital reverse merger client, Shandong GreenPaper Co. Ltd. (Tue, 08 May 2007 16:29:34 GMT)

ots.CorporateNews: Eurocastle Investment Limited / Eurocastle to ...
Guernsey (ots) - Eurocastle Investment Limited (Euronext Amsterdam: ECT) today announces that it will release its financial results for the first quarter ended 31 March 2007 on Thursday, 17 May 2007 before the market opens. (Tue, 08 May 2007 16:42:53 GMT)

Schwab Lowers Initial Investment Minimums in Schwab Funds to $100
Charles Schwab Investment Management, the asset management affiliate of Charles Schwab and Co., Inc., today announced it has lowered the minimum initial investment requirement for Schwab Funds(R) to $100 (1). Combined with Schwab's recently lowered account opening minimums, the new Schwab Funds minimums make it even easier for people to start investing for the future. (Tue, 08 May 2007 17:00:39 GMT)

NetFabric Subsidiary UCA Services, Inc. Awarded RFID Based Asset Tracking Solution by a Fortune 500 Global Investment ...
UCA Services, Inc. (UCA), a wholly owned subsidiary of NetFabric Holdings, Inc.(NFBH.OB) and a leading technology integration solutions provider in the tri state area, today announced that a Fortune 500 global investment banking, securities trading and brokerage firm has chosen UCA to implement an RFID enabled asset tracking solution for one of their strategic data centers. (Tue, 08 May 2007 17:10:51 GMT)

Brazil Real Holds Near 6-Year High on Export, Investment Flows
May 8 (Bloomberg) -- Brazil's real held near a six-year high amid expectations of rising dollar inflows from exports and foreign investment in the country's stock and bond markets. (Tue, 08 May 2007 20:25:45 GMT)

Tameer Int'l Signs Partnership Pact With Arab East Investment Co
DUBAI, May 9 Asia Pulse - Tameer Real Estate International Company, a subsidiary of Tameer Holdings of the UAE, has signed a strategic partnership agreement with the Arab East Investment Company, one of the largest companies in the real estate investment sector in Jordan. (Wed, 09 May 2007 05:04:00 GMT)

Patrick pushes $1 billion investment on stem-cell, other research
BOSTON — Gov. Deval Patrick, eager to attract more biotechnology business, on Tuesday proposed that Massachusetts make a $1 billion investment in the industry to challenge California as a hub of stem-cell research. (Wed, 09 May 2007 05:10:02 GMT)

BNP Paribas First-Quarter Profit Climbs 25% on Investment Bank
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, recorded a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and a gain from the sale of its stake in clothing retailer Vivarte SA. (Wed, 09 May 2007 05:34:34 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update1)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and a gain from the sale of its stake in clothing retailer Vivarte SA. (Wed, 09 May 2007 05:56:47 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update1)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and a gain from the sale of its stake in clothing retailer Vivarte SA. (Wed, 09 May 2007 06:07:31 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update2)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. (Wed, 09 May 2007 07:04:37 GMT)

Investment banker released on bail
A Credit Suisse investment banker from Pakistan charged in a multimillion-dollar insider trading plot can be released on $1 million bail, a magistrate judge said as he cast a measure of doubt on the government's case. (Wed, 09 May 2007 07:31:46 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update3)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. The shares rose to a record. (Wed, 09 May 2007 08:19:34 GMT)

(AFX UK Focus) 2007-05-09 09:08 GMT: UK smallcap opening - Caliber Global Investment hit by impairment charge fear
LONDON (Thomson Financial) - Shares in Caliber Global Investment took a turn for the worse, off 0.73 to 4.90, as the group said it has become apparent, through its review of the second quarter, that a significant impairment charge is likely to be incurred. (Wed, 09 May 2007 08:35:12 GMT)

Bolivia plans to renegotiate investment protection pacts with 24 countries
Solon said changes would be made step by step and that it will explain its plans to each individual government concerned. At the same time, the Bolivian government wants to pull out of the World Bank's ICSID system (International Centre for Settlement of Investment Disputes). (Wed, 09 May 2007 09:32:47 GMT)

Carlyle to add NT$3.37 billion investment in 12 cable TV systems under Eastern Multimedia
Taiwan's National Communications Commission (NCC) on May 8 approved the application by the Carlyle Group for additional investment in 12 cable TV systems under Eastern Multimedia (EMC), one of the top five MSO (multi-system operators of cable TV) in Taiwan. In total NT$3.37 billion (US$101.5 million) is to be invested, according to the agency. (Wed, 09 May 2007 09:38:04 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update4)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. The shares rose to a record. (Wed, 09 May 2007 10:11:57 GMT)

(AFX UK Focus) 2007-05-09 10:47 GMT: Bolivia plans to renegotiate investment protection pacts with 24 countries
LA PAZ (Thomson Financial) - The Bolivian government plans to renegotiate investment protection treaties it has signed with 24 countries including the United States, Brazil and France, charge d'affaires for trade Pablo Solon told foreign journalists last night. (Wed, 09 May 2007 10:20:15 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update4)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. The shares rose to a record. (Wed, 09 May 2007 10:34:50 GMT)

Gold May Rise as Investment Funds Buy Back Metal; Silver Falls
May 9 (Bloomberg) -- Gold may advance in London on buying by investment funds caught off guard by a rally spurred by declines in the dollar and increased demand for commodities. (Wed, 09 May 2007 10:41:05 GMT)

Strong investment & property sales bolster Banyan Tree Q1 profit by 12%
SINGAPORE: Higher contributions by Banyan Tree's hotel investment and property sales segments have bolstered the first quarter earnings of the resort and spa operator. (Wed, 09 May 2007 11:23:36 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update5)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. The shares rose to a record. (Wed, 09 May 2007 11:34:47 GMT)

H.E. Sheikh Tariq Bin Faisal Al Qassimi receives Minister for Industries, Government of Kerala, to discuss investment ...
With the unprecedented growth of property investment and development in the UAE, the scope for investment abroad is greater than ever. (Wed, 09 May 2007 11:36:21 GMT)

Investment & Precision Declares 23% Dividend For FY07
(RTTNews) - Wednesday, Investment and Precision Castings recommended dividend of 23% or Rs.2.30 per share of Rs. 10 each for the fiscal year 2007. (Wed, 09 May 2007 12:01:53 GMT)

Indian Govt. Approves Five Auto SEZs With Rs. 3,594 Cr. Investment
(RTTNews) - The Indian Government on Tuesday has approved setting up of five sector specific special economic zones for automobiles and automobile component manufacturing, envisaging an investment of Rs. 3,593.95 crores. (Wed, 09 May 2007 12:02:23 GMT)

StatsCan sees soaring investment in Canada
OTTAWA – Both Canadian direct investment abroad and foreign direct investment in Canada recorded the highest percentage increase in six years at the end of 2006, largely due to a wave of acquisitions of Canadian firms by foreign investors and a weaker Canadian dollar compared to European currencies. (Wed, 09 May 2007 13:12:52 GMT)

Canada's net direct investment position rose 43% at end of 2006: report
Canadian direct investment abroad and foreign direct investment in Canada recorded the highest percentage increases in six years at the end of 2006, as foreign investors rushed to buy up Canadian companies and the loonie weakened against European currencies. (Wed, 09 May 2007 13:19:25 GMT)

‘Burooj Properties’ launches a Property Investment Project in Jordan
During its participation in Cityscape Abu Dhabi, Burooj Properties, a solely owned subsidiary of Abu Dhabi Islamic Bank, launches property investment products within its property development project ‘Burooj Jordan’ located in Al Jeezah - south Amman. (Wed, 09 May 2007 13:19:38 GMT)

Global investment company to buy Calhoun Square
BlackRock is an investment management, risk management and advisory services company that employs more than 5,000 people and serves clients in more than 60 countries around the globe. Black Rock's assets under management total more than $1 trillion. (Wed, 09 May 2007 14:06:33 GMT)

Assess Your Investment Manager
Performance is an obvious factor when assessing investment managers . However, what is often overlooked are the forces actually driving performance. These forces also start with 'P', and they can provide a true forward-looking assessment of an advisor's competence and ability. (Wed, 09 May 2007 14:06:45 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update6)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. The shares rose to a record. (Wed, 09 May 2007 14:19:34 GMT)

NBA Players, Chinese Investment Group Form Business Partnership
May 9 (Bloomberg) -- The National Basketball Players Association and China's biggest state-run investment company formed a partnership to develop business opportunities in the world's most populous nation for the union's members. (Wed, 09 May 2007 14:57:17 GMT)

Foreign investment flows hit 6-year high
A weakening Canadian dollar against European currencies and a surge of acquisitions of Canadian firms helped push Canadian direct investment abroad and foreign direct investment here in 2006 to their biggest gains in six years. (Wed, 09 May 2007 15:07:55 GMT)

NorthStar Launches First Integrated Investment Policy Compliance Solution
NorthStar Systems International, Inc., the leading provider of wealth management software for financial services institutions, today launched the NorthStar Compliance Solution, the industry's first integrated investment policy compliance platform that spans all types of investment products and client relationships. By employing the NorthStar Compliance Solution, wealth managers and their firms ... (Wed, 09 May 2007 16:58:00 GMT)

NBA Players, Chinese Investment Firm Form Partnership (Update1)
May 9 (Bloomberg) -- The National Basketball Players Association and China's biggest state-run investment company formed a partnership to develop business opportunities in the world's most populous nation for the union's members. (Wed, 09 May 2007 17:57:27 GMT)

BNP Paribas Profit Advances 25% on Investment Banking (Update7)
May 9 (Bloomberg) -- BNP Paribas SA, France's largest bank by market value, reported a 25 percent increase in first-quarter profit on higher corporate and investment bank earnings and gains from asset sales. The shares rose to a record. (Wed, 09 May 2007 19:04:34 GMT)

Investment Technology Names Chairman
Investment Technology Group Inc., a provider of automated stock trading products and services, named Maureen O'Hara as chairman. (Wed, 09 May 2007 20:53:06 GMT)

U.S. support for foreign investment wanes: Paulson
U.S. Treasury Secretary Henry Paulson said on Wednesday he feared that support for keeping U.S. markets open to foreign investment was breaking down. (Wed, 09 May 2007 21:41:29 GMT)

Reducing drug demand a good investment
The Drug Foundation welcomed the Government's increased investment in reducing demand for drugs, released today in a pre-budget announcement. (Thu, 10 May 2007 02:20:18 GMT)

European Investment Bank to open office in Romania
The European Investment Bank is to open office in Romania on June 7, according to the institution’s representatives. (Thu, 10 May 2007 05:49:20 GMT)

Mitsui says plans Y800 bln investment, loans '07/08
TOKYO, May 10 (Reuters) - Mitsui & Co. Ltd. said on Thursday it plans to spend 800 billion yen on investment and loans in the 2007/08 year. (Thu, 10 May 2007 06:03:48 GMT)

RUXX investment index set to open 0,49% down
MOSCOW, May 10 (RIA Novosti) - Russia's investment index will open Thursday at 736,42 points, down 0.49% following Wednesday evening's sessions on major world trading floors. (Thu, 10 May 2007 06:14:41 GMT)

CORRECTED-Mitsui says plans Y800 bln investment, loans '07/08
TOKYO, May 10 (Reuters) - Mitsui & Co. Ltd. , Japan's second-biggest trading company, said on Thursday it plans to spend 800 billion yen ($6.7 billion) on investment and loans this business year to March 2008. (Thu, 10 May 2007 06:37:34 GMT)

Morocco Tipped To Be The Next Spain | Results From Arabian Hotel Investment Conference (AHIC)
Dubai : Morocco came out on top when industry leaders participating at this year's Arabian Hotel Investment Conference (AHIC) were asked to weigh up which country, out of Morocco and Tunisia, had the potential to be the next Spain in terms of tourism development and revenue. (Thu, 10 May 2007 07:51:42 GMT)

Dutch Investment Office opens in Dubai
The Netherlands has opened the Dutch Investment Office in Dubai to promote trade with the UAE and other GCC states. (Thu, 10 May 2007 09:51:11 GMT)

Mitsui plans $6.7 bln investment in 07/08
TOKYO, May 10 (Reuters) - Mitsui & Co. , Japan's second-biggest trading company, said on Thursday it plans fresh investment of $6.7 billion while generating $5 billion in revenue from the sale of assets this business year. (Thu, 10 May 2007 10:03:09 GMT)

Danae Investment Trust Declares 2.101222p Dividend
LONDON -(Dow Jones)- Danae Investment Trust Thursday announces a final interim dividend of 2.101222 pence per Income share in respect of its year ending May 31, payable May 31. (Thu, 10 May 2007 10:17:33 GMT)

Ahead of the Bell: Investment Conference
Cox, the government's top securities regulator, is scheduled to give the morning keynote address at the Investment Company Institute's general meeting. (Thu, 10 May 2007 10:17:54 GMT)

Lundin Mining Makes Further Investment in Sunridge Gold Corp.
Lundin Mining Corporation ('Lundin Mining' or the 'Company') (TSX: LUN)(AMEX: LMC)(SSE: LUMI) is pleased to announce that, subject to regulatory approval, it will be making a further investment in Sunridge Gold Corp. ('Sunridge') (TSX VENTURE: SGC) by subscribing for 3,000,000 units by way of a non-brokered private placement at a price of Cdn $2.25 per unit for an investment of Cdn $6,750,000. (Thu, 10 May 2007 10:29:04 GMT)

Magna to Receive $1.54B Investment
Canadian auto supplier Magna International Inc. said Thursday that Russian Machines, a unit of privately held Russian industrial conglomerate Basic Element, is making an approximately $1.54 billion investment in the company. (Thu, 10 May 2007 11:21:26 GMT)

Bangladesh needs more investment to grow -c.banker
DHAKA, May 10 (Reuters) - Bangladesh's central bank chief said on Thursday the country needed to boost foreign and domestic investment to sustain fast economic growth and limit its dependence on foreign aid. (Thu, 10 May 2007 11:24:23 GMT)

Carnegie Investment downgraded to "hold"
LONDON, May 10 (newratings.com) - Analysts at Deutsche Bank Securities downgrade Carnegie Investment (ticker: DCN) from "buy" to "hold," while reducing their estimates for the company. The target price has been reduced from SEK154 to SEK139. (Thu, 10 May 2007 11:34:28 GMT)

Foreign investment in Canada up 10%
Both Canadian direct investment abroad and foreign direct investment in Canada increased by the highest percentage in six years in 2006, largely due to a wave of acquisitions of Canadian firms by foreign investors and a weaker Canadian dollar compared with European currencies, Statistics Canada says. (Thu, 10 May 2007 12:35:58 GMT)

Investment firm to expand in central Indiana, bringing 300 jobs
CARMEL, Ind. - Investment management firm The Capital Group Cos. plans a $32 million expansion of its Indiana operations that will create more than 300 new jobs, the company announced Thursday. (Thu, 10 May 2007 13:48:49 GMT)

Investment income up at Triangle Capital
The Triangle's newest publicly traded company, investment firm Triangle Capital Corp., reported net investment income of $804,730 in the first quarter, a 59 percent increase. (Thu, 10 May 2007 14:32:06 GMT)

Investment Firm to Expand in Central Indiana, Bringing 300 Jobs
CARMEL, Ind. An investment management firm is announcing plans for a 32 (m) million dollar expansion of its operations in central Indiana that will create more than 300... (Thu, 10 May 2007 14:48:26 GMT)

Bush: 'Unequivocally Supports' International Investment In US
WASHINGTON -(Dow Jones)- U.S. President George W. Bush, in a lengthy statement on the virtues of open markets and cross-border investment, said the U.S. " unequivocally supports" foreign direct investment and is equally committed to securing fair treatment for U.S. investors abroad. (Thu, 10 May 2007 15:03:24 GMT)

Investment Firm to Expand in Central Indiana, Bringing 300 Jobs
(AP) Investment management firm The Capital Group Cos. plans a $32 million expansion of its Indiana operations that will create more than 300 new jobs, the company announced Thursday. (Thu, 10 May 2007 15:06:44 GMT)

Bush: U.S. open for investment
WASHINGTON (MarketWatch) -- With foreign-direct investment in the United States slipping, President Bush on Thursday began a push to convince the world that the country remains ready to welcome overseas investors. (Thu, 10 May 2007 16:23:08 GMT)

US launches campaign for more foreign investment
The US government launched an initiative Thursday to show America welcomes foreign investment despite recent flaps about takeovers of US companies. (Thu, 10 May 2007 16:41:10 GMT)

US launches campaign for more foreign investment
The US government launched an initiative Thursday to show America welcomes foreign investment despite recent flaps about takeovers of US companies. (Thu, 10 May 2007 17:36:23 GMT)

MGIC Investment Sets Dividend
Mortgage insurance provider MGIC Investment Corp. on Thursday declared a quarterly cash dividend of 25 cents per share. The company will pay the dividend on June 6 to shareholders of record on May 22. (Thu, 10 May 2007 19:47:58 GMT)

Paulson `Concerned' About Drop in Foreign Investment (Update3)
May 10 (Bloomberg) -- Treasury Secretary Henry Paulson said he's concerned about a decline in support for international investment in the U.S. that could pose a threat to economic growth. (Thu, 10 May 2007 23:46:12 GMT)

U.S. Launches Campaign For More Foreign Investment
May 11, 2007 -- A new initiative announced on May 10 by President George W. Bush and Treasury Secretary Henry Paulson aims to bolster foreign investment in the U.S. amidst a drop-off in global investment in recent years and a perception of barriers to foreign firms, officials said. (Fri, 11 May 2007 04:15:35 GMT)

Foreign investment in Shanghai property market down 30 percent
A Shanghai construction site. Foreign investment in Shanghai's robust real estate sector fell by more than 30 percent in the first quarter from a year earlier (Fri, 11 May 2007 04:22:37 GMT)

Haiti president pitches trade, foreign investment to U.S.
WASHINGTON · Despite a recent wave of desperate Haitians fleeing toward South Florida, President René Préval tried to assure U.S. leaders this week that conditions in Haiti are improving enough to encourage aid, trade and foreign investment. (Fri, 11 May 2007 04:32:50 GMT)

UBS acquires 51 pct of Daehan Investment Trust
ZURICH, May 11 (Reuters) - UBS , the world's largest wealth manager, has bought 51 percent of Daehan Investment trust Management Company (DIMCO), one of South Korea's largest asset management companies. (Fri, 11 May 2007 05:32:26 GMT)

Foreign investment in Shanghai property market down 30 percent
Foreign investment in Shanghai's robust real estate sector fell by more than 30 percent in the first quarter from a year earlier, a state press report said Friday. (Fri, 11 May 2007 06:39:47 GMT)

Trio eye Tigers investment
ADAM PEARSON has described recent talks with three different parties over a possible muilt-million pound investment in Hull City as "positive". (11/05/2007 08:34:14) (Fri, 11 May 2007 07:48:54 GMT)

Foreign stocks may be good investment
Jeremy J. Siegel, the Wharton professor who wrote a best-seller arguing that stocks are the best long-term investment ("Stocks for the Long Run"), now believes that investors might keep 40 percent or maybe 50 percent of their assets in foreign stocks. (Fri, 11 May 2007 08:31:57 GMT)

E.C. man gets 5 years for investment fraud
Elbert G. Elliott got a stern warning from Lake Superior Court Judge Clarence Murray after he imposed a 5-year prison term for an investment fraud scheme. (Fri, 11 May 2007 09:17:21 GMT)

Haiti president pitches trade, foreign investment to U.S.
WASHINGTON · Despite a recent wave of desperate Haitians fleeing toward South Florida, President René Préval tried to assure U.S. leaders this week that conditions in Haiti are improving enough to encourage aid, trade and foreign investment. (Fri, 11 May 2007 10:04:56 GMT)

Chairman of Insight Investment meets with BOV Group Senior Management
Douglas Ferrans, the Chairman of Insight Investment Management Limited, delivered a presentation to the senior management of the BOV Group during a business breakfast held at the Westin Dragonara Resort. (Fri, 11 May 2007 10:09:33 GMT)

Mishawaka couple convicted in investment scam: Investors lost millions of dollars over 10 years.
SOUTH BEND -- A federal court jury Thursday convicted a Mishawaka couple accused of scamming their friends and relatives in a decade-long investment scheme that involved millions of dollars. (Fri, 11 May 2007 11:10:31 GMT)

Federal Jury Convicts Couple over Investment Scam
A Mishawaka couple has been convicted in federal court on an investment scam that victimized nearly 200 people. (Fri, 11 May 2007 12:10:51 GMT)

BP's Browne Cuts Link With Investment Bank
The former chief executive of BP John Browne has resigned as a director of investment banking group Goldman Sachs. (Fri, 11 May 2007 12:34:11 GMT)

Federal jury convicts couple over investment scam
A Mishawaka couple has been convicted in federal court on an investment scam that victimized nearly 200 people. (Fri, 11 May 2007 13:49:55 GMT)

S&P Lifts Xerox to Investment Grade
Standard & Poor's has upgraded the bond rating of Xerox Corp. to investment grade, lifting it out of junk bond status following the office machine manufacturer's announcement that it has received payment for a company its buying. (Fri, 11 May 2007 14:10:59 GMT)

Norilsk Nickel boosts investment program
RBC, 11.05.2007, Moscow 17:32:59. Norilsk Nickel has boosted its investment program by 50 percent to RUR34bn (approx. USD1.32bn), the company's General Director Denis Morozov said in the interview for Norilsk Nickel's corporate magazine. (Fri, 11 May 2007 14:15:06 GMT)

European investment banks place bets in emerging markets
ZURICH, May 11 (Reuters) - Emerging markets are moving towards centre stage for European investment bankers and wealth managers who are increasingly comfortable with the risks, as the United States economy show signs of running out of steam. (Fri, 11 May 2007 14:21:28 GMT)

S&P Lifts Xerox to Investment Grade
Standard & Poor's has upgraded the bond rating of Xerox Corp. to investment grade, lifting it out of junk bond status following the office machine manufacturer's announcement that it has received payment for a company it's buying. (Fri, 11 May 2007 14:31:29 GMT)

UTK decreases capital investment
RBC, 11.05.2007, Krasnodar 18:38:18. Investment of the Southern Telecommunications Company (UTK) went down 36.1 percent to RUR2.54bn (approx. USD99m) in 2006 compared to a year earlier, the company's press office reported today. (Fri, 11 May 2007 15:00:06 GMT)

Alpharettan guilty in investment fraud
An Alpharetta man indicted in a $25 million investment fraud case pleaded guilty to two counts of wire and mail fraud charges May 1. (Fri, 11 May 2007 15:54:47 GMT)

U.S., Singapore jubilant over increased trade and investment from FTA
_ The United States and Singapore expressed satisfaction Friday on the sustained growth in trade and investment since a bilateral free trade agreement took effect in January 2004, the Office of the U.S. Trade Representative said. (Fri, 11 May 2007 20:12:14 GMT)

S&P Lifts Xerox to Investment Grade
Standard & Poor's has upgraded the bond rating of Xerox Corp. to investment grade, lifting it out of junk bond status following the office machine manufacturer's announcement that it has received payment for a company it's buying. (Fri, 11 May 2007 21:18:57 GMT)

Hotels a good investment
HOTELS are a better long-term investment than the commercial property sector, despite the risks they are normally associated with. (Sat, 12 May 2007 01:12:19 GMT)

Investment board names new leader
Keith S. Bozarth, chief executive officer of the $7 billion Orange County Employees Retirement System, has been appointed executive director of the $93 billion State of Wisconsin Investment Board, it was announced Friday. (Sat, 12 May 2007 02:31:52 GMT)

Iteris, Inc. to Present at Robins Emerging Opportunities Investment Conference May 24, 2007
ANAHEIM, Calif.--Iteris, Inc. (AMEX:ITI), a leader in the development of vision-based technologies and Intelligent Transportation Systems that optimize traffic flow and enhance driver safety, today announced that Abbas Mohaddes, the Company ’ s chief executive officer, will present at the 2007 Robins Emerging Opportunities Investment Conference at the University Club on 54 th Street in New York ... (Sat, 12 May 2007 04:11:48 GMT)

National Investment Property EXPO -- Saturday, May 12
The National Investment Property EXPO is beingheld in San Diego this Saturday, May 12 from 9am to 4 pm. The eventfeatures exhibitors from the hottest markets who offer investment realestate and market research. Even as residential markets have cooled acrossthe board, some emerging investment markets are enjoying massive pricegains not seen since 2005 and before. (Sat, 12 May 2007 05:13:49 GMT)

LETTER: Dartmouth needs our investment
Dartmouth needs our investment (Sat, 12 May 2007 05:25:16 GMT)

Investment tax awaits action
A joint Senate-House committee delayed action on a bill Friday to alter the taxation of real estate investment trusts and create a new education trust account with the proceeds. (Sat, 12 May 2007 06:32:48 GMT)

Investment tax awaits action
A joint Senate-House committee delayed action on a bill Friday to alter the taxation of real estate investment trusts and create a new education trust account with the proceeds. The panel was scheduled to move on a proposal by the Schweitzer administr ... (Sat, 12 May 2007 06:42:22 GMT)

Bawadi doubles investment to AED 200 Billion
Under the Directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, Ruler of Dubai; Bawadi, a member of Tatweer, today announced it is to double its initial investment to AED 200 billion. (Sat, 12 May 2007 09:21:01 GMT)

Bawadi investment doubled
The investment in the mega hospitality and leisure project Bawadi is to be doubled to $54.4bn. Last week a 40m sqft retail zone was announced for the project. (Sat, 12 May 2007 10:06:21 GMT)

KwaZulu-Natal to increase tourism investment
Weziwe Thusi, the KwaZulu-Natal MEC for arts culture and tourism, has told delegates to the 2007 Tourism Indaba that plans are under way to expand tourism investment in the coastal region. (Sat, 12 May 2007 12:15:50 GMT)

Mbeki, investment council to discuss SA economy
South Africa's growing economy and the country's readiness to host the 2010 Soccer World Cup will dominate the agenda of President Thabo Mbeki's international investment council meeting which starts today in Port Elizabeth. (Sat, 12 May 2007 12:16:17 GMT)

India: Attractive Destination for Western Mining Investment
Despite India's enormous potential as a destination for mining investment, the country’s mineral reserves remain largely untapped by Western mining investors. (Sat, 12 May 2007 12:43:03 GMT)

Bawadi to double investment
Dubai: Bawadi, a member of Tatweer, yesterday announced that it will double its investment in its mammoth ten-kilometre tourism strip under construction on the outskirts of Dubai to Dh200 billion. (Sat, 12 May 2007 20:27:34 GMT)

Buy to let investment is as safe as houses
YOUR article last week (Buy to let landlords see slide in profits, May 6) paints an unnecessarily bleak picture of property investment. (Sun, 13 May 2007 00:25:11 GMT)

Investment from China to Africa expected to reach US$2b
Investment from China to Africa is expected to reach two billion U.S. dollars in 2007, Donald Kaberuka, president of the African Development Bank (ADB), said in Shanghai Saturday. (Sun, 13 May 2007 01:39:29 GMT)

Bawadi boosts initial investment to Dh200b
DUBAI — Bawadi, the world's largest hospitality and entertainment project, is doubling the size of its initial investment to Dh200 billion ($54.54 billion) it was announced yesterday, following a directive by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. (Sun, 13 May 2007 03:05:58 GMT)

ADB: Investment from China to Africa expected to reach two bln USD in 2007
Investment from China to Africa is expected to reach two billion U.S. dollars in 2007, Donald Kaberuka, president of the African Development Bank (ADB), said Saturday. (Sun, 13 May 2007 03:53:31 GMT)

Interview: Rwandan President Kagame's China visit to focus on trade, investment
Rwandan President Paul Kagame will on Sunday kick off his six-day China visit which will focus on trade and investment ties with the world's largest emerging economy. (Sun, 13 May 2007 03:53:52 GMT)

Moroccan investment bank unveils $250 million Maghreb Siyaha Fund in UAE
BMCE Capital, the investment banking subsidiary of BMCE Bank-the second largest private bank in Morocco, has unveiled a unique opportunity for leading UAE-based institutions and individual investors to partner with leading Moroccan entities as a first step into successful investments in Morocco and the rest of the Maghreb region. (Sun, 13 May 2007 08:14:57 GMT)

Bawadi boosts initial investment to Dh200b - UAE
Bawadi boosts initial investment to Dh200b - UAE (Sun, 13 May 2007 14:43:56 GMT)

Mbeki's investment council positive about 2010
There is no reason to doubt South Africa's ability to host the 2010 Soccer World Cup. That is according to President Thabo Mbeki's international investment advisory council. (Sun, 13 May 2007 16:15:27 GMT)

UPDATE1-Henderson Investment shares suspended -HKEx
HONG KONG, May 14 (Reuters) - Trading in shares of Henderson Investment Ltd was suspended on Monday, the Hong Kong exchange said. (Mon, 14 May 2007 02:05:01 GMT)

MGIC Investment could owe IRS $188 million
MGIC Investment Corp. could owe the federal government $188 million because the Internal Revenue Service disagrees with how the mortgage insurer treated income and losses from an investment. (Mon, 14 May 2007 05:39:53 GMT)

Less disclosure may equal more investment
As private equity continues to become a hot investment tool, more public officials hope to attract the industry's obsessively secretive investors. (Mon, 14 May 2007 05:40:09 GMT)

Gladstone Investment puts focus on buyouts of small-market firms
Gladstone Investment Corp. quietly entered Pittsburgh in summer 2005 with a Sewickley office and a $230 million fund. (Mon, 14 May 2007 05:42:20 GMT)

RUXX investment index set to open unchanged, at 722.25 points
MOSCOW, May 14 (RIA Novosti) - Russia's investment index will open Monday at 722.25 points, unchanged from Friday evening's sessions on major world trading floors. (Mon, 14 May 2007 06:29:41 GMT)

Glitnir strengthens Executive Management: Jan Forsbom appointed new EVP for Glitnir Investment Management
Reykjavik/Helsinki, 14 May 2007 - Jan Forsbom (42), Managing Director for FIM Asset Management, Helsinki Finland, has been appointed Executive Vice President within Glitnir with responsibility for Investment Management. (Mon, 14 May 2007 07:12:33 GMT)

VastNed Retail upbeat on FY as Q1 direct investment result edges higher
"Estimating that in 2007 over 150 mln eur in new investments may be made - partly pipeline and partly standing investments - and barring unforeseen circumstances, including global tensions and the corresponding unpredictable economic consequences, (we) anticipate for 2007 a modest rise of the direct investment result per share," the retail property fund said. (Mon, 14 May 2007 07:18:14 GMT)

French Manufacturing Investment Growth Forecast Unchanged In April
(RTTNews) - French business managers surveyed in April left their forecasts for investment growth in 2007 unchanged from January, the Insee said Monday. (Mon, 14 May 2007 07:47:42 GMT)

The First Annual London Art Investment Conference (2007-05-15 - 2007-05-25)
THE 1ST ANNUAL LONDON ART INVESTMENT CONFERENCE will take place MAY 25 2007 with the topic "Art: The Rise of a New Alternative Asset Class" at London Business School. The registration for the 1st Annual Art Investment Conference is now open.  Purchase your ticket now and get your Early-bird discount Why an art investment conference? Global art market transactions are approximately 25 billion ... (Mon, 14 May 2007 08:00:40 GMT)

Ex-Indianapolis mayor joins investment firm
Stephen Goldsmith, who championed privatization as mayor of Indianapolis for two terms in the 1990s, has joined an investment company with money to spend on government assets. (Mon, 14 May 2007 08:11:50 GMT)

Microsoft to create 250 jobs with $500m Dublin investment
Microsoft is close to making a $500million investment in Dublin, creating up to 250 jobs. (Mon, 14 May 2007 08:38:20 GMT)

(AFX UK Focus) 2007-05-14 09:37 GMT: Hong Kong shares close at record high after China eases investment rules
HONG KONG (XFN-ASIA) - Share prices closed sharply higher as fresh funds from mainland China started to flow into the local market following the announcement that mainland banks and funds are now allowed to buy overseas stocks under the mainland's revised investment laws, dealers said. (Mon, 14 May 2007 09:05:12 GMT)

Bahrain Investment Wharf promote the largest industrial projects in Kuwait
Tameer and Bahrain Investment Wharf (BIW) will be holding a reception on Tue May 15 at the Jahra Hall 6:00 PM in Marriott Hotel in the Kuwaiti capital. (Mon, 14 May 2007 09:36:11 GMT)

A Guide To Global Investment Performance Standards
Many investment management firms tout that they are GIPS Compliant. So what is GIPS, and why would a firm voluntarily choose to comply with the GIPS standards? (Mon, 14 May 2007 09:36:33 GMT)

Government approves overseas investment promotion offices
The Prime Minister has approved a scheme to set up overseas investment promotion offices in order to lure investment from the world into Vietnam, according to the Ministry of Planning and Investment. (Mon, 14 May 2007 09:46:14 GMT)

Renewed interest in real estate investment in Russia and new legislation governing town planning is seeing the market – ...
It is not news that Russia is still topping the polls as the most attractive destination for real estate investment funds in Europe. Real estate investment in Russia increased by more than 1,000 per cent last year, according to real estate management company Jones Lang LaSalle. (Mon, 14 May 2007 10:06:19 GMT)

Glitnir strengthens Executive Management: Jan Forsbom appointed new EVP for Glitnir Investment Management
Reykjavik/Helsinki, 14 May 2007 - Jan Forsbom (42), Managing Director for FIM Asset Management, Helsinki Finland, has been appointed Executive Vice President within Glitnir with responsibility for Investment Management. (Mon, 14 May 2007 10:43:48 GMT)

FRENCH ECONOMY STRUGGLES TO SWITCH INTO INVESTMENT DRIVE: ANALYSTS
PARIS, May 14, 2007 (AFP) - Corporate investment in France, which economists say will do more to spark a recovery in the listless French economy than consumption, should rebound this year after stagnating in 2006, a survey showed on Monday. (Mon, 14 May 2007 11:02:48 GMT)

Daimler Hands Chrysler to Cerberus, Ends Nine-Year Investment
May 14 (Bloomberg) -- DaimlerChrysler AG ended a nine-year investment in money-losing Chrysler, handing control of the carmaker to private-equity firm Cerberus Capital Management LP and getting out from under $19 billion of retirement benefits. (Mon, 14 May 2007 11:49:37 GMT)

China's direct investment in Africa exceeds 6 bln U.S. dollars in last seven years
China's direct investment in Africa over the last seven years amounted to 6.64 billion U.S. dollars, a senior researcher with the Ministry of Commerce said on Monday. (Mon, 14 May 2007 12:52:31 GMT)

Daimler Hands Chrysler to Cerberus, Ends Investment (Update1)
May 14 (Bloomberg) -- DaimlerChrysler AG ended a nine-year investment in money-losing Chrysler, handing control of the carmaker to private-equity firm Cerberus Capital Management LP and getting out from under $19 billion of retirement benefits. (Mon, 14 May 2007 14:11:47 GMT)

Sitronics boosts capital investment
RBC, 14.05.2007, Moscow 17:05:23. Capital investment of Sitronics, Sistema's high-tech subsidiary, soared 85 percent to $87.8m in 2006. Furthermore, the company plans to boost its investment to $150m, Sitronics' official documents state. (Mon, 14 May 2007 14:15:16 GMT)

Darling says Russia must play by investment rules
Britain is open to investment from Russian companies but the investments must not be used for political purposes, and Russia should also allow reciprocal investments, the Trade and Industry secretary said on Monday. (Mon, 14 May 2007 14:32:00 GMT)

Daimler Hands Chrysler to Cerberus, Ends Investment (Update1)
May 14 (Bloomberg) -- DaimlerChrysler AG ended a nine-year investment in money-losing Chrysler, handing control of the carmaker to private-equity firm Cerberus Capital Management LP and getting out from under $19 billion of retirement benefits. (Mon, 14 May 2007 14:39:41 GMT)

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