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Investment News 01/2008



Website opens to promote investment in NKorea (Channel NewsAsia)
SEOUL: A website has opened to attract foreign investment to North Korea, one of the world's most closed societies. China's Xinhua news agency, in a report from Pyongyang, said www.dprk-economy.com was set up by North Korea and began operating Monday.
US clears Borse Dubai's investment in Nasdaq: Nasdaq (Middle East Times)
The Nasdaq market site in New York's Times Square. Nasdaq Stock Market Inc. said Monday it has obtained official US clearance for Borse Dubai's investment in Nasdaq, which will allow Nasdaq to proceed with its plan to combine with Nordic exchange OMX. (AFP Stan Honda)
Bush lets states cut Sudan investment ties (USA Today)
President Bush signed legislation Monday to allow states and local governments to cut investment ties with Sudan because of the violence in Darfur.
China's Venture Capital Investment Surges (Nasdaq)
(RTTNews) - Venture capital investment in China rose 78.9% to US$3.18 billion in the first eleven months from a year earlier, according to a report from Zero2IPO, a leading consulting firm. Total projects involved were 428 compared to 324 in the previous year.
Law curbs U.S. investment in Sudan (Los Angeles Times)
Bush signs legislation intended to help Darfur, despite unease about the constitutionality of state and local governments' involvement in foreign policy. President Bush signed legislation Monday intended to restrict U.S. investment in Sudan, despite his administration's concern that it improperly gives state and local governments a hand in foreign policy.
Law curbs U.S. investment in Sudan (Los Angeles Times)
Bush signs legislation intended to help Darfur, despite unease about the constitutionality of state and local governments' involvement in foreign policy. President Bush signed legislation Monday intended to restrict U.S. investment in Sudan, despite his administration's concern that it improperly gives state and local governments a hand in foreign policy.
Bush OKs Sudan investment limits (Baltimore Sun)
President Bush signed legislation yesterday intended to restrict U.S. investment in Sudan, despite his administration's concern that it improperly gives state and local governments a hand in foreign policy.
China to allow limited foreign investment (Toronto Star)
Beijing is easing a ban on foreign investment in the securities industry, but ensuring Chinese control by limiting investors from abroad to minority stakes.
Government allocates over $3 bn to 2008 investment program (Islamic Republic News Agency)
Yemen - Investment Saba -- The government has appropriated YR 614.4 billion (over $3 billion) to the 2008 investment program which focuses on main sectors, the state-run 26sep.net quoted an official at the Planning and International Cooperation Ministry as saying on Monday.
Beijing easing ban on foreign investment (The Nashua Telegraph)
BEIJING (AP) -- Beijing is easing a ban on foreign investment in the securities industry but ensuring Chinese control by limiting investors from abroad to minority stakes. ...
Centre extends term of Investment Commission (ANI via Yahoo! India News)
New Delhi, Jan 1 (ANI): The Centre has extended the term of the Investment Commission until December 31, 2009. The three-member commission is headed by Ratan Tata. The other members of the commission are HDFC Chairman Deepak Parekh and former HLL Chairman Ashok Ganguly. The commission was constituted by the UPA Government to woo investments from domestic and foreign business. It was given the ...
Govt extends Investment Commission's term by 2 years (The Times of India)
The government on Tuesday extended the term of Investment Commission of India headed by Tata Group Chairman Ratan Tata till December 31, 2009.
TAIWAN AWAITS U.S. REPLY ON BILATERAL INVESTMENT AGREEMENT (Asia Pulse via Yahoo!7 Finance)
Trade / foreign investment   Taiwan is still awaiting a reply from the U.S. government on the signing of a bilateral investment agreement (BIA), and hopes to receive a response as soon as possible, the country's top trade negotiator said Tuesday.
Taiwan Awaits U.S. Reply On Bilateral Investment Agreement (Asia Pulse via Yahoo!7 News)
Taiwan is still awaiting a reply from the U.S. government on the signing of a bilateral investment agreement (BIA), and hopes to receive a response as soon as possible, the country's top trade negotiator said Tuesday.
Investment growth set to slow (People's Daily)
Fixed-asset investment growth is expected to slow this year under tighter macro controls, but it won't be easily achieved, according to analysts. Central authorities pledged further tightening measures to prevent the economy from overhea ...
Chinese Local Govt. Reshuffle To Encourage Investment (Nasdaq)
(RTTNews) - A local government reshuffle in China is expected to increase investment growth in new projects, China Daily reported Wednesday.
China: Investment Growth Set To Slow In China (Sin Chew Jit Poh)
BEIJING, CHINA: Fixed-asset investment growth is expected to slow this year under tighter macro controls, according to analysts. Central authorities pledged further tightening measures to prevent the economy from overheating and rising prices from evolving into entrenched inflation.
Borse Dubai obtains clearance from the Committee on Foreign Investment in the United States (AME Info)
Borse Dubai Limited (Borse Dubai) announced that clearance had been obtained from The Committee on Foreign Investment (CFIUS) in the United States concerning Borse Dubai's investment in The Nasdaq Stock Market, Inc. (Nasdaq), which will allow Borse Dubai to proceed with its investment in Nasdaq.
RHB Starts Full Fledge Investment Company (Malaysian National News Agency (BERNAMA))
KUALA LUMPUR, Jan 2 (Bernama) -- RHB Investment Management Sdn Bhd (RHBIM), a subsidiary of RHB Banking Group, started its operations as a full fledge investment management company effective January 1 this year.
Eqarat.com launches Jordan operations through Dhs5.5 m investment into the booming real estate market (AME Info)
Eqarat.com, a leading total solutions provider to the real estate sector, has announced the launch of its operations in Jordan through an initial investment of Dhs5.5 m for the infrastructure and set up of its operations, in a bid to tap into the country's burgeoning real estate sector, which is currently valued at JD4.03bn (Dhs20.9m).
(AFX UK Focus) 2008-01-02 07:22 GMT: BNP Paribas to expand German investment banking arm by hiring more staff (Interactive Investor)
FRANKFURT (Thomson Financial) - BNP Paribas plans to expand its German investment banking operations by increasing its staff there to 250-255 from 238, by the end of 2008, Financial Times Deutschland reported, citing German head Joachim von Schorlemer.
Key session on Indian hotel development to be inaugurated at 2008 hotel investment conference (AME Info)
Demand for upscale hotel rooms in India is on the rise, and so are prices, according to Jonathan Worsley, co-organiser of the Arabian Hotel Investment Conference (AHIC), now in its fourth year.
China: Investment growth set to slow (Budapest Business Journal)
Fixed-asset investment growth is expected to slow this year under tighter macro controls, but it won’t be easily achieved, according to analysts.
(AFX UK Focus) 2008-01-02 10:13 GMT: EU inquiry deadline for Credit Suisse, GE, Mubadala investment jv Feb 4 (Interactive Investor)
BRUSSELS (Thomson Financial) - The European Commission said its inquiry deadline for Credit Suisse Private Equity Inc and General Electric Company Inc's proposed investment management joint venture with Mubadala Development Company PJSC is set for Feb 4.
(AFX UK Focus) 2008-01-02 10:13 GMT: EU inquiry deadline for Credit Suisse, GE, Mubadala investment jv Feb 4 (Interactive Investor)
BRUSSELS (Thomson Financial) - The European Commission said its inquiry deadline for Credit Suisse Private Equity Inc and General Electric Company Inc's proposed investment management joint venture with Mubadala Development Company PJSC is set for Feb 4.
(AFX UK Focus) 2008-01-02 10:59 GMT: INTERVIEW New Polish govt may allow KGHM to spend profits on investment (Interactive Investor)
WARSAW (Thomson Financial) - Poland's new government said it is prepared to allow state-controlled copper miner KGHM to spend 50 pct or more of its 2007 profit on investment if its supervisory and management boards present a strong case for doing so.
Gamuda Receives Investment Certificate For Massive Vietnam Project (Malaysian National News Agency (BERNAMA))
KUALA LUMPUR, Jan 3 (Bernama) -- Gamuda land Vietnam LLC, a subsidiary of Gamuda Bhd in Vietnam has been granted an Investment Certificate by the Hanoi City People's Committee to develop the Yen So Park project, located south of Hanoi city centre.
Gamuda Receives Investment Certificate For Massive Vietnam Project (Malaysian National News Agency (BERNAMA))
KUALA LUMPUR, Jan 2 (Bernama) -- Gamuda land Vietnam LLC, a subsidiary of Gamuda Bhd in Vietnam has been granted an Investment Certificate by the Hanoi City People's Committee to develop the Yen So Park project, located south of Hanoi city centre.
(AFX UK Focus) 2008-01-02 12:30 GMT: Care Investment Trust buys equity investment in office buildings for $72.4M (Interactive Investor)
BOSTON (Thomson Financial) - Care Investment Trust Inc. said Wednesday it purchased equity interests in nine medical office buildings from Cambridge Holdings Inc. for a total purchase price of $72.4 million.
Care Makes Investment in 9 Buildings (AP via Yahoo! Finance)
Real estate investment trust Care Investment Trust Inc. said Wednesday it made a $72.4 million equity investment in nine medical office buildings.
GestureTek Inc. and Telefonica Announce Strategic Partnership and Investment Agreement (ThomasNet)
SUNNYVALE, Calif., Dec. 5 -- GestureTek Inc. - world leader and patent-holder in computer vision and gesture-recognition technology for presentation, information and entertainment systems - today announced a strategic investment in the company by Telefonica S.A., Spain's leading telecommunications operator. The agreement finalizes a minority investment in GestureTek to finance business expansion ...
Kuwait's Nour Investment Co. increases capital up to KD75m (MENAFN)
Kuwait's Nour Investment Co. increases capital up to KD75m
Quantitative Investment Advisors, Inc. Names Analytic Investors, LLC as Sub-Advisor to the Quant Long/Short Fund (wallstreet:online AG)
Quantitative Investment Advisors, Inc., investment manager to the Quantitative Group of Funds, has
'Foreign investment in media on hold' (The Times of India)
KOLKATA: The Centre will take a decision on raising the foreign investment cap in media only after ensuring a level playing field, especially for the smaller media, I&B Minister Priya Ranjan Dasmunshi said on Wednesday.
'Foreign investment in media on hold' (The Times of India)
The minister's statement comes at a time when the big media houses are demanding for raising foreign investment cap from the present 26 per cent.
B2B Trust, AIM Trimark agree to distribute investment loans (Investment Executive)
B2B Trust and AIM Trimark Investments have signed agreements for the distribution of investment and RRSP loan programs.
Quantitative Investment Advisors, Inc. Names Analytic Investors, LLC as Sub-Advisor to the Quant Long/Short Fund (Centre Daily Times)
Quantitative Investment Advisors, Inc., investment manager to the Quantitative Group of Funds, has announced that it has hired Analytic Investors, LLC as sub-advisor to the Quant Long/Short Fund (USBOX/QGIAX). The Fund invests in long and short positions and currently has a 130/30 structure, also known as a short extension strategy. Analytic pioneered the short extension strategy in 2002. At ...
Investment managers bearish on Canadian stocks (Investment Executive)
As a result, bears now dominate opinion for the first time in several quarters in the report by Russell Investments. Even with the increase in bearishness, 77% of investment managers still expect Canadian equities to post flat to positive returns in 2008.
Agilent Technologies Announces Upcoming Webcasts with Investment Community (wallstreet:online AG)
Agilent Technologies Inc. (NYSE:A) today announced the following webcasts with the investment community:
B2B Trust, AIM Trimark agree to distribute investment loans (Investment Executive)
B2B Trust and AIM Trimark Investments have signed agreements for the distribution of investment and RRSP loan programs.
Keybridge Capital Provides December 2007 Quarterly Investment Update (KBC.AX, 00800311, 20080103) (Aspect Huntley via Yahoo!7 Finance)
Keybridge Capital announced that as at 31 December 2007, the Company had total investments of $376m. This compares with $317m at the time of the last update to the market at the end of September 2007. Significant changes in investment levels include: a writedown in the book value of the Company's investments in the US securitisation market to nil; growth in property investments; a reduction in ...
Alaska's biggest investment scam ending (UPI)
Alaska's biggest investment scam is ending with $1.2 million being sent to about 700 hoodwinked investors in 42 U.S. states, Puerto Rico and Kenya.
Citadel eyeing investment in Centro - source (Reuters via Yahoo! Singapore News)
PHILADELPHIA, Jan 2 - Hedge fund Citadel Investment Group is considering buying a stake in Australia's Centro Properties Group , a source familiar with the situation said on Wednesday.
Clean energy investment up one third in 07: report (Straits Times)
LONDON - INVESTMENT in clean energy worldwide rose by a third last year to US$117 billion (S$169.7 billion), boosted by widespread concerns over global warming, researchers New Energy Finance said on Wednesday.
UPDATE 1-Citadel eyeing investment in Centro - source (Reuters Finance News, Australia via Yahoo!7 Finance)
SYDNEY/PHILADELPHIA, Jan 3 (Reuters) - Hedge fund Citadel Investment Group is considering buying a stake in Australia's struggling Centro Properties Group CNP.AX, said a source familiar with the situation.
Tyndall Investment Management changes (Stuff)
Tyndall Investment Management has made a series of internal promotions and external recruitments designed to help the company build on its current success, managing director Greg Campbell says.
Jitters over alternative investment schemes spread to World Wise (The Jamaica Observer)
JITTERS over the uncertainty of alternative investment schemes, following a 'cease and desist' order against Cash Plus last week, spread to forex exchange trading entity World Wise Partners yesterday.
Malaysia's stalling reform threatens investment (Mail and Guardian)
Malaysia's drive to woo investment is losing traction, as efforts to get rid of red tape and inept bureaucrats falter, threatening to put it further behind neighbouring Singapore.
(AFX UK Focus) 2008-01-03 07:45 GMT: Spazio Investment says not to proceed with asset buy from Ortensia (Interactive Investor)
LONDON (Thomson Financial) - Industrial real estate investment company Spazio Investment NV said it will not proceed with the acquisition of an asset located in Melzo from Ortensia Srl.
Gain Insight Into Key Technology Investment Patterns and Trends in Target Markets in France (Centre Daily Times)
Research and Markets ( (link) c78247) has announced the addition of "IT Systems Management Investment in France H2 2006 (Databook)" to their offering.