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Investment News Jul 2008

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Mark your calendars for Space Investment Summit 5
Mark your calendars for Space Investment Summit 5 (Thu, 10 Jul 2008 16:37:37 GMT)

Mexican Regulator Supports Foreign Investment in Fixed-Line Business
Mexico's fixed-line business should be opened up more to foreign investment by lifting current restrictions to improve competition, Eduardo Pérez Motta, the head of the competition commission, said Wednesday to Reuters. Mexican law limits foreign control on fixed-line telcos to 49% and stipulates entry through a Mexican... (Thu, 10 Jul 2008 16:51:57 GMT)

Taurus Investment Holdings opens Prague office
Boston-based Taurus Investment Holdings LLC closed on a $14 million purchase of a 356,541-square-foot manufacturing and distribution facility. (Thu, 10 Jul 2008 17:01:03 GMT)

Closing Glance: Investment Banks end mostly down
Shares of investment banks closed mostly down Thursday after a volatile session that included fresh rumors Lehman Brothers Holdings Inc. could be facing financial difficulties, and federal policy makers warning no bank is too large to fail during the current credit crisis. (Thu, 10 Jul 2008 20:15:09 GMT)

Investment banks skip Fed loans
Commercial banks borrow less, investment banks borrow nothing from Fed's emergency lending program, perhaps signaling improvements in credit. (Thu, 10 Jul 2008 22:51:13 GMT)

Foreign Direct Investment in China Jumps 45.6 Percent (Update1)
July 11 (Bloomberg) -- Foreign direct investment in China rose 45.6 percent in the first half from a year earlier, swelling inflows of cash that may stoke inflation in the world's fastest-growing major economy. (Fri, 11 Jul 2008 03:51:33 GMT)

JL McGregor & Company Announces Investment by Goldman Sachs
JL McGregor & Company Announces Investment by Goldman Sachs (Fri, 11 Jul 2008 05:27:06 GMT)

China says foreign direct investment up 45.6 percent
Foreign direct investment into China grew by 45.6 percent in the first half of this year, the government said on Friday. (Fri, 11 Jul 2008 05:40:00 GMT)

China says foreign direct investment up 45.6 percent
Foreign direct investment into China grew by 45.6 percent in the first half of this year, the government said on Friday. Foreign enterprises invested 52.4 billion dollars in China from January to June, the commerce ministry said in a statement posted on its website. (Fri, 11 Jul 2008 05:55:35 GMT)

BUSINESS BRIEFS: Toyota: Highlander could mean investment in state
A vice president at Toyota Motor Manufacturing Indiana says the production changes at the Gibson County plant could mean investment in the state next year. R.J. Reynolds says Toyota is ceasing manufacturing operations at its Princeton plant for three months beginning in early August and will shift production of the Tundra pick-up truck to San Antonio next spring. Toyota Motor Manufacturing ... (Fri, 11 Jul 2008 06:02:43 GMT)

Miami investment firm buys in Georgia
Miami investment bank Ladenburg Thalmann Financial Services announced Thursday that it is buying Triad Advisors, a national broker-dealer headquartered in Georgia, in a transaction that could be worth up to $42 million. (Fri, 11 Jul 2008 07:05:04 GMT)

China's foreign investment up 45 percent at US$52.4 billion in first half of 2008
Foreign investment in China in the first half of the year rose 45 percent over the same period a year ago to US$52.4 billion, the government said Friday. (Fri, 11 Jul 2008 07:57:00 GMT)

Missing the investment train
Charges by Spanish businessmen accompanying their prime minister to Athens, who claim that their 2.5 million euro investment proposals for natural gas plants and renewable energy sources are going nowhere, come as no surprise. (Fri, 11 Jul 2008 08:57:48 GMT)

China's foreign investment up 45 percent
Foreign investment in China during the first half of the year rose 45 percent to $52.4 billion, the government said Friday. (Fri, 11 Jul 2008 10:43:23 GMT)

UniCredit Enlists Trio to Run Investment Banking
Italy’s UniCredit has named Andreas Bohn, Bernhard Brinker and Piergiorgio Peluso as co-heads of investment banking, Bloomberg reported. (Fri, 11 Jul 2008 11:12:25 GMT)

No Loans Made to Investment Firms in Past Week
In a sign that there may have been some improvements in credit strains, Wall Street investment firms did not borrow from the Federal Reserve’s emergency lending program during the past week while commercial banks scaled back, The Associated Press reported. (Fri, 11 Jul 2008 11:12:35 GMT)

China's Foreign Direct Investment Up 46%
July 11, 2008 -- In the first half of 2008, foreign direct investment into China grew by 45.6%, the government said July 11. Foreign enterprises invested $52.4 billion in China from January to June. (Fri, 11 Jul 2008 12:16:10 GMT)

Opening Glance: Investment Banks
Shares of investment banks tumbled Friday morning as the broader market sank amid worries government-sponsored mortgage giants Fannie Mae and Freddie Mac might need a government bailout. (Fri, 11 Jul 2008 13:51:00 GMT)

CalPERS picks search firm for top investment post
The California Public Employees' Retirement System has picked Ridgeway Partners, a global executive search company, to find a new chief investment officer for the $232 billion pension fund. (Fri, 11 Jul 2008 14:42:05 GMT)

Mottaki: Article 44 provides opportunity for foreign investment
Iran - Mottaki - Foreign Investment Foreign Minister Manouchehr Mottaki said implementation of Article 44 of the country's Constitution has provided an appropriate opportunity for foreign investment in Iran. (Fri, 11 Jul 2008 15:46:17 GMT)

Blunt names new Work Force Investment board members
Gov. Matt Blunt announced 10 appointments to six commissions Friday, including the Work Force Investment Board. (Fri, 11 Jul 2008 20:01:39 GMT)

Closing Glance: Investment Banks
Shares of investment banks tumbled Friday amid continued worries about the financial stability of Lehman Brothers Holdings Inc. and mortgage companies Fannie Mae and Freddie Mac. (Fri, 11 Jul 2008 20:20:14 GMT)

Chinese Premier Wen hails investment deal with Mexico
Chinese Premier Wen Jiabao on Friday hailed a deal with Mexico on promoting investment. "The newly signed deal on promoting and protecting mutual investment is a landmark in bilateral ties," Wen said in a meeting with visiting Mexic ... (Sat, 12 Jul 2008 00:18:08 GMT)

German Continental AG to scale up investment in China
German Continental AG said Thursday it plans to scale up investment in China and introduce environmentally friendly technology to improve competitiveness. Continental, the biggest auto parts supplier in Europe, said that 10 percent ... (Sat, 12 Jul 2008 06:13:02 GMT)

The Khoshbin Company Forms New REO Investment Fund
The Khoshbin Company of Irvine, California, has formed its 3rd investment fund. The new Khoshbin investment fund will be acquiring REO (Bank owned) homes in Orange County and San Diego County, California, where prices have been under significant pressure due to the housing slump. (Sat, 12 Jul 2008 07:01:00 GMT)

The Khoshbin Company Forms New REO Investment Fund
The Khoshbin Company of Irvine, California, has formed its 3rd investment fund. The new Khoshbin investment fund will be acquiring REO (Bank owned) homes in Orange County and San Diego County, California, where prices have been under significant pressure due to the housing slump. (PRWeb Jul 12, 2008) Read the full story at http://www.prweb.com/releases/2008/07/prweb1096004.htm (Sat, 12 Jul 2008 07:52:56 GMT)

Premier Wen hails investment deal with Mexico
Chinese Premier Wen Jiabao on Friday hailed a deal with Mexico on promoting investment. "The newly signed deal on promoting and protecting mutual investment is a landmark in bilateral ties," Wen said in a meeting with visiting Mexican President Felipe Calderon Hinojosa. (Sat, 12 Jul 2008 09:38:46 GMT)

Dubai plans $100m investment in Ethiopia
Dubai plans $100m investment in Ethiopia (Sat, 12 Jul 2008 10:16:21 GMT)

Forum on finance and investment in Qatar due in Paris in November
DOHA • The inaugural ‘1st Finance and Investment in Qatar Forum’ to be held in Paris in November will further strengthen economic ties between Qatar and France. (Sat, 12 Jul 2008 23:05:20 GMT)

1st Finance and Investment in Qatar Forum - Paris launched
In an initiative to further strengthen economic ties between Qatar and France, the inaugural 1st Finance and Investment in Qatar Forum - Paris, will take place for the first time in Paris, France in November. (Sun, 13 Jul 2008 04:30:06 GMT)

Strategic Investment Body Formed
10 July 2008 Prime Minister Vladimir Putin on Wednesday approved a list of members for a government commission overseeing foreign investment in strategic sectors and put the Federal Anti-Monopoly Service in charge of regulation. (Sun, 13 Jul 2008 06:00:29 GMT)

Investment Bank Calls for Congressional Action on Airline Re-Regulation
A prominent investment bank with strong ties to the aerospace and airline industry is calling on Congress to increase regulation of the U.S. airline industry, arguing that a financially healthy industry is crucial to the well being ... (Sun, 13 Jul 2008 06:15:03 GMT)

Investment Bank Calls for Congressional Action on Airline Re-Regulation
A prominent investment bank with strong ties to the aerospace and airline industry is calling on Congress to increase regulation of the U.S. airline industry, arguing that a financially healthy industry is crucial to the well being of the nation's economy. (Sun, 13 Jul 2008 06:17:46 GMT)

Bahrain: AlBaraka Islamic Bank & First Investment Bank sign a US$30m Murabaha Facility for Al Khaleej Development ...
The Bahrain based leading Islamic banking group, Albaraka Banking Group B.S.C (ABG) announced that its subsidiary in the Kingdom of Bahrain, Al-Baraka Islamic Bank, with the First Investment Bank completed the signing of a milestone transaction with a US$30m Murabaha facility for Al Khaleej Development Company (Tameer). (Sun, 13 Jul 2008 07:44:22 GMT)

Forum on finance and investment in Qatar due in Paris in November
Forum on finance and investment in Qatar due in Paris in November (Sun, 13 Jul 2008 08:01:33 GMT)

Iraq extends deadline to receive investment proposals for 22 state-run companies
BAGHDAD - Iraq says it has extended until July 31 its deadline to receive investment proposals for 22 state-run companies. (Sun, 13 Jul 2008 10:23:04 GMT)

Iraq extends deadline to receive investment proposals for 22 state-run companies
BAGHDAD - Iraq says it has extended until July 31 its deadline to receive investment proposals for 22 state-run companies. The Ministry of Industry says it moved the previous July 10 deadline in response to requests from investors. (Sun, 13 Jul 2008 10:34:00 GMT)

Tharwa Investment Company announces excellent first semester 2008 performance results for Tharwa Investment Fund
Tharwa Investment Company, a closed Kuwaiti shareholding company established in 2006 with a paid up capital of KD15m today presented the first semester 2008 performance results of the Tharwa Investment Fund. (Sun, 13 Jul 2008 10:59:57 GMT)

Abu Dhabi University signs an MOU with the Securities & Investment Institute
Abu Dhabi University (ADU) today announced that it has signed a Memorandum of Understanding (MoU) with the Securities and Investment Institute (SII) to meet the professional training and development needs of the United Arab Emirates. (Sun, 13 Jul 2008 11:59:56 GMT)

Mining company announces $500M investment in U.P.
Mining company announces $500M investment in U.P. (Sun, 13 Jul 2008 12:35:54 GMT)

(AFX UK Focus) 2008-07-13 16:14 A2A, Edison merger plan drawn up by leading Italian investment bank - report
MILAN (Thomson Financial) - A leading Italian investment bank has drawn up plans for a possible merger of A2A SpA and Edison SpA, Saturday's MF reported, without citing sources. (Sun, 13 Jul 2008 15:34:45 GMT)

£500m investment in aircraft plant
An investment of over £500 million is being made in Northern Ireland by Canadian aerospace company Bombardier, which is to use its Belfast plant for the design and manufacture of wings for a new generation of commuter aircraft. (Sun, 13 Jul 2008 16:19:07 GMT)

SkyCity gets investment grade rating
Casino operator SkyCity Entertainment Group has been assigned a BBB- investment grade rating by international ratings agency Standard & Poor's. (Mon, 14 Jul 2008 00:03:53 GMT)

Investment, catastrophe losses hit Cincinnati Financial
CINCINNATI—Cincinnati Financial Corp. is struggling to deal with a declining investment portfolio while simultaneously contending with the impact of catastrophes and the softening market. (Mon, 14 Jul 2008 00:49:09 GMT)

Street Talk: A sample of investment advisory newsletters
“Investment risk is the risk of losing a bundle of money in the market — especially during the early stages of your retirement. A big hit on your retirement assets in the early years can really do damage to your income stream for years down the road. This is why it's so essential to err on the side of caution with your retirement assets.” (Mon, 14 Jul 2008 02:07:07 GMT)

Record research investment to benefit New Zealand
The Foundation for Research, Science and Technology has approved a record $785 million in contracts with more than two dozen research organisations in its main 2008 investment round. (Mon, 14 Jul 2008 04:13:52 GMT)

Foreign investment in B'deshi stock market dips 99%
Net foreign or portfolio investment in Bangladesh's stock market dropped by more than 99 per cent in the first six months of this year because of profit taking by global funds. (Mon, 14 Jul 2008 04:38:01 GMT)

China foreign investment soars
Foreign direct investment in China, spurred by economic growth and a rising yuan, jumped 45.6 percent in the first half of this year from the 2007 level.The commerce ministry said foreign investors, wishing to take advantage of business opportunities in the country, pumped in $52.4 billion in the January-June period of this year.Analysts told the state-run Xinhua news agency China's economy grew ... (Mon, 14 Jul 2008 05:38:49 GMT)

Hungrana completes €100 mln investment at bioethanol plant
Hungarian food-sweetener and bioethanol company Hungrana has completed an €100 million investment at its plant in Szabadegyháza (central-Hungary), transforming it into Europe’s largest maize processing facility, MTI said. (Mon, 14 Jul 2008 06:00:52 GMT)

(AFX UK Focus) 2008-07-14 06:54 Dawnay Day puts investment banking division up for sale - report
LONDON (Thomson Financial) - Dawnay Day has put its investment banking division up for sale as the privately owned financial group scrambles to raise cash after being hit by hefty losses on investments, the Financial Times reported. (Mon, 14 Jul 2008 06:19:45 GMT)

Immigration Lawyer of the Firm Darren Silver & Associates Announces New Investment Immigration Options for Customers ...
A combination of an economic slowdown and the lack of any immigration reform has reduced immigration opportunities for employment and Business immigration. Investment options seem to be the last and only viable option for many new Business savvy immigrants. (Mon, 14 Jul 2008 07:01:00 GMT)

Immigration Lawyer of the Firm Darren Silver & Associates Announces New Investment Immigration Options for Customers ...
A combination of an economic slowdown and the lack of any immigration reform has reduced immigration opportunities for employment and Business immigration. Investment options seem to be the last and only viable option for many new Business savvy immigrants. (PRWeb Jul 14, 2008) Read the full story at http://www.prweb.com/releases/2008/07/prweb1103134.htm (Mon, 14 Jul 2008 08:07:36 GMT)

German MoSo Aka-Aki Raises Investment To Go Full-Time
German mobile social network Aka-Aki, which uses Bluetooth to do location-aware proximity networking and is also available in English, has raised a small investment of an undisclosed size from Crea Thor Ventures. (Mon, 14 Jul 2008 09:00:49 GMT)

Indonesia says H1 foreign direct investment rises
JAKARTA, July 14 (Reuters) - Foreign direct investment (FDI) in Indonesia rose more than 160 percent in the January-June period from a year ago, helped by strong interest in telecomunications, the head of the state investment agency said on Monday. (Mon, 14 Jul 2008 11:27:41 GMT)

ICICI says investment strong despite tightening
BANGALORE (Reuters) - Corporate investment in India remains strong despite recent monetary tightening and rising input costs, including soaring crude oil, the chief of ICICI Bank said on Monday. (Mon, 14 Jul 2008 11:32:27 GMT)

PNC renames investment unit
Pittsburgh-based PNC Financial Services Group Inc. announced today that its PFPC business unit has been renamed PNC Global Investment Servicing. (Mon, 14 Jul 2008 13:18:22 GMT)

China foreign investment soars
BEIJING, July 14 (UPI) -- Foreign direct investment in China, spurred by economic growth and a rising yuan, jumped 45.6 percent in the first half of this year from the 2007 level. (Mon, 14 Jul 2008 13:39:44 GMT)

Non-residential building investment rises as construction prices jump: StatsCan
OTTAWA - Statistics Canada reports investment in non-residential building construction rose 0.9 per cent in the second quarter of 2008 on the strength of rising construction prices. (Mon, 14 Jul 2008 14:40:00 GMT)

Investment in non-residential construction rises, but activity falls
The value of non-residential construction investment continued to climb through the spring, but all the increase was in prices as the actual level of construction activity fell. (Mon, 14 Jul 2008 15:04:04 GMT)

Non-residential building investment rises in second quarter: StatsCan
Investment in non-residential building construction rose 0.9% in the second quarter of 2008 on the strength of rising construction prices, Statistics Canada reported today. (Mon, 14 Jul 2008 15:23:11 GMT)

Peru's Debt Rating Raised to Investment Grade by S&P (Update1)
July 14 (Bloomberg) -- Peru's foreign-currency debt rating was raised to investment grade by Standard & Poor's as the South American country pays down foreign debt and domestic demand buoys economic growth. (Mon, 14 Jul 2008 16:56:57 GMT)

Mozambique: Justice is 'An Investment in Human Dignity'
Justice "is not a cost - it's an investment in human dignity without which there can be no development of our country", declared Mozambican Labour Minister Helena Taipo on Monday. (Mon, 14 Jul 2008 17:51:34 GMT)

Peru's Debt Rating Raised to Investment Grade by S&P (Update2)
July 14 (Bloomberg) -- Peru's foreign-currency debt rating was raised to investment grade by Standard & Poor's as the South American country pays down foreign debt and domestic demand buoys economic growth. (Mon, 14 Jul 2008 19:26:44 GMT)

Peru's debt rating raised to investment grade by S&P
Peru’s foreign currency debt rating gets lifted to investment grade by Standard & Poor’s on Monday, the second such upgrade this year. (Mon, 14 Jul 2008 19:51:31 GMT)

Waratah Coal Proposes A$5.3 Billion Queensland Coal Investment
July 15 (Bloomberg) -- Waratah Coal Inc. proposed a A$5.3 billion ($5.2 billion) investment in a coal mine and export port in northeastern Australia, the Queensland state government said. (Tue, 15 Jul 2008 03:33:38 GMT)

Investment Bank Stocks Tumble
Investors bailed out of investment bank stocks Monday as concerns about the credit crisis prompted one analyst to call for Lehman Brothers Holdings to go private. (Tue, 15 Jul 2008 04:15:33 GMT)

Significant Investment In University Research
Universities’ crucial role as the major research providers in this country has been recognised through contestable contracts worth $93.6 million in the latest investment round by the Foundation for Research, Science and Technology. (Tue, 15 Jul 2008 04:43:48 GMT)

BRIEF-Petkim starts feasibility study on $5 bln investment
ISTANBUL, July 15 (Reuters) - Turkish petrochemicals company Petkim : *says starts feasibility work on $5 billion investment plans. (Tue, 15 Jul 2008 06:24:16 GMT)

Saudi cabinet approves $5.3 bln investment firm
RIYADH, July 15 (Reuters) - The Saudi government said it had approved the setting up of an investment firm with capital of 20 billion riyals ($5.3 billion) that will invest in stocks, bonds, real estate, foreign currencies and commodities. (Tue, 15 Jul 2008 06:32:37 GMT)

15-07-2008: Malaysia remains attractive foreign investment location
KUALA LUMPUR: Despite the domestic political tension and uncertain economic outlook, Malaysia is still among the top 20 most favourable investment destinations for the manufacturing and service sectors. (Tue, 15 Jul 2008 07:20:49 GMT)

Birmingham investment firm Porter, White ends business with Jefferson County
Porter, White & Co., the Birmingham investment firm fired last week as Jefferson County's lead adviser in sewer debt negotiations with creditors, will no longer handle any county business. (Tue, 15 Jul 2008 08:20:26 GMT)

TD AMERITRADE Introduces Fixed Income Investment Tool
TD AMERITRADE Holding Corporation (NASDAQ: AMTD), introduces Bond Wizard, an easy-to-use fixed income investment tool designed to help investors find bonds and certificates of deposits (CDs) or build a bond ladder. (Tue, 15 Jul 2008 13:06:32 GMT)

GOVT TRADE AND INVESTMENT MISSIONS BEAR FRUITION, SAYS MUHYIDDIN
KUALA LUMPUR, July 15 (Bernama) -- Malaysia's promotional missions have contributed to increased trade and investment inflows into the country, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said today. (Tue, 15 Jul 2008 13:15:11 GMT)

Taiwan raises cap on investment in China
Taiwan will loosen restrictions on investment in rival China in a bid to bolster the island's flagging economy, officials said Tuesday. (Tue, 15 Jul 2008 13:25:38 GMT)

Govt Trade And Investment Missions Bear Fruition, Says Muhyiddin
KUALA LUMPUR, July 15 (Bernama) -- Malaysia's promotional missions have contributed to increased trade and investment inflows into the country, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said Tuesday. (Tue, 15 Jul 2008 14:15:03 GMT)

FBI Investigating Upstate Investment Firm
An Easley investment firm is being investigated by the Federal Bureau of Investigation after being accused of swindling their clients’ money. (Tue, 15 Jul 2008 15:02:28 GMT)

Shell selling investment in Zimbabwe
Royal Dutch Shell PLC is selling its investment in a petroleum distribution business in Zimbabwe to South Africa-based Engen Petroleum Ltd. (Tue, 15 Jul 2008 15:14:10 GMT)

Chamber: New businesses and investment up, jobs down
Mecklenburg County experienced increases in new and expanding businesses, investment and the amount of new space that companies will occupy in the first half of the year. However, newly created job levels decreased. (Tue, 15 Jul 2008 15:27:37 GMT)

Spain Mulls Investment Prospects With Malaysian Companies In Score
KUCHING, July 15 (Bernama) -- Spain, a global expert in renewable energy, particularly solar and wind power, is mulling over investment prospects in the Sarawak Corridor of Renewable Energy (Score), the Economic and Commercial Counsellor of the Spanish Embassy in Malaysia, Antonio Garcia said Tuesday. (Tue, 15 Jul 2008 15:44:22 GMT)

SEC Targets Lenders, Investment Banks in Subprime Investigation
July 15 (Bloomberg) -- U.S. Securities and Exchange Commission Chairman Christopher Cox said the agency is pursuing more than four dozen cases into the subprime-mortgage crisis, focusing on whether lenders and investment banks misled investors. (Tue, 15 Jul 2008 16:03:09 GMT)

Privacy Certifier TRUSTe Goes For-Profit; Gets Investment From Accel
TRUSTe, an organization that certifies websites for having good privacy practices, is turning into a for-profit enterprise, and has taken an unspecified investment from VC firm Accel. (Tue, 15 Jul 2008 18:24:43 GMT)

Privacy Certifier TRUSTe Goes For-Profit; Gets Investment From Accel
TRUSTe, an organization that certifies websites for having good privacy practices, is turning into a for-profit enterprise, and has taken an unspecified investment from VC firm Accel. Saul Hansell at Bits cites sources putting the funding at $10 million. You've probably seen their seal of approval on some of the 2,400 sites they monitor. Like the Good Housekeeping Seal of Approval, it's supposed ... (Tue, 15 Jul 2008 19:03:04 GMT)

Areva launches an investment program
LE CREUSOT, France, July 15 (UPI) -- French nuclear company Areva started an investment arm. (Tue, 15 Jul 2008 21:49:40 GMT)

Nikko Citi to Sell Majority of Investment Firm, Nikkei Reports
July 15 (Bloomberg) -- Nikko Citi Holdings Inc., Citigroup Inc. 's Japanese holding company, plans to sell a majority of its investment firm Nikko Antfactory KK to Norinchukin Bank and Mitsubishi Corp., Nikkei English News said, citing no one. (Tue, 15 Jul 2008 21:50:54 GMT)

Oil & gas investment may decline
INVESTMENT in Australia's oil and gas industry could decline as specialist service companies reallocate their skills to work with national oil companies, a survey says. (Wed, 16 Jul 2008 02:31:00 GMT)

Investment income drop reported
FARGO (AP) - North Dakota's largest hospital saw a sharp drop in investment income when financial markets plunged, financial reports show. (Wed, 16 Jul 2008 05:31:53 GMT)

Feds, state probe Easley investment firm
Federal and state authorities said Tuesday they are investigating an Easley investment firm, and a national financial services company said it has severed ties with the firm. (Wed, 16 Jul 2008 06:03:07 GMT)

Investment adviser says he's ill, wants out of jail
Dickson investment manager Barry R. Stokes, who is in jail on multiple felony counts relating to the loss of at least $15 million, says he may have cancer and jailers are failing to treat his medical problems. (Wed, 16 Jul 2008 07:13:23 GMT)

TIP DU JOUR: BRIC markets seen as good investment
The emerging markets of Brazil, Russia, India and China are a promising investment opportunity, Kiplinger.com suggests. Goldman Sachs projects that the BRIC countries, collectively, will surpass the scale of the U.S. economy around 2025. (Wed, 16 Jul 2008 07:19:35 GMT)

16-07-2008: CIMB’s new fund relies on legendary names for investment
KUALA LUMPUR: CIMB Investment Bank Bhd has launched Dynamic Best of Gurus floating rate negotiable instrument of deposit fund (FRNID) that enables investors to benefit from the expertise of famous investment gurus, namely Warren Buffett, William Gross, Mark Mobius and Jim Rogers. (Wed, 16 Jul 2008 07:31:37 GMT)

Barclays says CDB investment proceeding as planned
LONDON, July 16 (Reuters) - China Development Bank is proceeding with its planned investment in Barclays as agreed last month, the UK bank said on Wednesday, after a report China had rejected the 136 million pound ($272 million) deal. (Wed, 16 Jul 2008 12:02:08 GMT)

Babacan: We Should Make Turkey A Center For Production, Investment & Technology
ANKARA - Turkey`s foreign minister said on Tuesday that Turkey should be a leading country in the areas of production, investment, technology, innovation, finance, energy and tourism in parallel with the country`s bid for full membership to EU. (Wed, 16 Jul 2008 12:26:13 GMT)

Nigeria: Oodua Investment Awards Scholarships
Oodua Investment limited has awarded scholarship to 44 undergraduates of Obafemi Awolowo University (OAU), Ile Ife who have excelled in the qualifying tests conducted for students within south west zone. (Wed, 16 Jul 2008 13:06:36 GMT)

Zambia: Investment Climate Stable - BoZ
ZAMBIA'S investment climate has remained favourable with foreign currency reserves increasing despite President Levy Mwanawasa's absence, Bank of Zambia (BoZ) governor, Caleb Fundanga, has said. (Wed, 16 Jul 2008 14:16:19 GMT)

Indian Airline SpiceJet Gets WL Ross Investment
The U.S. investment firm invested just under $80 million to help the Indian budget carrier fund the expansion of its fleet (Wed, 16 Jul 2008 16:19:44 GMT)

$40 billion investment in energy sector: AJK plans to meet power needs of Pakistan
KARACHI (July 16 2008): Azad Jammu & Kashmir (AJK), which has invited $40 billion of foreign investment in hydel energy sector as a part of its energy and investment-focused strategy during FY2008-09, has a plan to provide electricity to the power-hungry Pakistan which is facing 4,000MW shortage. (Wed, 16 Jul 2008 16:26:12 GMT)

Head of S.C. investment firm pleads guilty to frauds
COLUMBIA, S.C. - The head of a small South Carolina investment firm has pleaded guilty to bilking dozens of people of about $6 million. (Wed, 16 Jul 2008 16:44:31 GMT)

Head of SC investment firm pleads guilty to frauds
COLUMBIA, S.C. -- The head of a small South Carolina investment firm pleaded guilty on Wednesday to bilking dozens of people of about $6 million in two alleged fraud schemes, federal prosecutors said. (Wed, 16 Jul 2008 17:34:37 GMT)

Head of SC investment firm pleads guilty to fraud
The head of a small South Carolina investment firm pleaded guilty on Wednesday to bilking dozens of people of about $6 million in two alleged fraud schemes, federal prosecutors said. (Wed, 16 Jul 2008 18:42:37 GMT)

Littlefield: Investment Advice
WBUR's Bill Littlefield, with some investment advice and a few words of caution. (Thu, 17 Jul 2008 01:47:10 GMT)

London attracts record foreign investment
Foreign investment into London has soared to a record high despite the credit crunch, the capital's inward investment agency will reveal today. An unprecedented 178 international companies set up or expanded business in the capital in the year to March, contributing £710m to the capital's economy. (Thu, 17 Jul 2008 03:20:10 GMT)

Investment and export credit interest rates announced
VietNamNet Bridge - The State's lending interest rate for investment credit in Vietnamese dong is fixed at 12% per annum and in free convertible foreign currencies is 7.8% per year. (Thu, 17 Jul 2008 03:47:41 GMT)

PERAK GOVT COMMITTED TO MAINTAINING GOOD INVESTMENT CLIMATE
IPOH, July 17 (Bernama) -- The current state government of Perak shares the same committment as every state in the country in terms of maintaining a good investment climate for investors, said Menteri Besar Datuk Seri Mohammad Nizar Jamaluddin. (Thu, 17 Jul 2008 04:26:11 GMT)

KLG Systel Inks Investment Agreement With IBM Daksh
(RTTNews) - Thursday, KLG Systel stated that the company inked an agreement with IBM Daksh Business Process Services for investment of Rs.12 crores in its subsidiary KLG Power. (Thu, 17 Jul 2008 06:06:16 GMT)

Head of S.C. investment firm pleads guilty to frauds
COLUMBIA, S.C. - The head of a small South Carolina investment firm has pleaded guilty to bilking dozens of people of about $6 million. (Thu, 17 Jul 2008 06:29:41 GMT)

UPDATE: Rep. Miller says he may sell his investment in toll roads
Rep. Gary Miller says he will sell his investment in the Foothill/Eastern tollway if the Transportation Corridor Agency is ever successful in building the southern extension to the road. (Thu, 17 Jul 2008 07:24:48 GMT)

Africa: U.S. Signs Trade And Investment Agreements for Nations
The United States trade representative, Ambassador Susan Schwab, and her counterparts from east and southern Africa signed two important trade and investment agreements that will further deepen and expand U.S. trade ties with those regions. (Thu, 17 Jul 2008 07:37:22 GMT)

Foreign Investment In Canadian Securities Rises Further In May
(RTTNews) - Foreign demand for Canadian securities remained strong in May as investment in new Canadian bonds accelerated, according to data released by Statistics Canada Thursday morning. (Thu, 17 Jul 2008 13:06:11 GMT)

Littlefield: Investment Advice
WBUR's Bill Littlefield, with some investment advice and a few words of caution. (Thu, 17 Jul 2008 14:01:50 GMT)

Investment in new bonds bolsters foreign demand for Canadian securities: StatsCan
OTTAWA - Foreign demand for Canadian securities stayed strong in May as investment grew in new bonds. (Thu, 17 Jul 2008 15:14:00 GMT)

Sector Snap: Investment Banks up on JPMorgan beat
Shares of investment banks rose sharply Thursday, boosted by better-than-expected results at a series of banks the past two days and ahead of Merrill Lynch & Co. reporting later in the day. (Thu, 17 Jul 2008 16:00:58 GMT)

Bank of New York Mellon profit falls on transaction charges, investment securities write-downs
Ieva M. Augstums July 17, 2008 - 11:43 a.m. CHARLOTTE, N.C. (AP) - Bank of New York Mellon Corp. said Thursday its second-quarter earnings fell 31 percent, hurt by transaction charges and investment securities write-downs. Its shares fell almost 7 percent. (Thu, 17 Jul 2008 16:16:24 GMT)

Founders Investment sees niche sites as “new real estate market”
BIRMINGHAM, AL – A Birmingham investment firm has found gold nuggets in the foothills of the Internet. (Thu, 17 Jul 2008 16:35:28 GMT)

Fuel-cell cars need $200 billion investment, study says
Hydrogen-powered vehicles could one day make up a majority of automobiles on U.S. roads, but the zero-emission cars would require a hefty investment of about $200 billion for infrastructure and subsidies to support them, a new study says. (Thu, 17 Jul 2008 17:03:38 GMT)

National Investment Managers enters Baltimore, buys Alan N. Kanter
The latest acquisition for National Investment Managers Inc. takes the Dublin company into the Baltimore market. (Thu, 17 Jul 2008 17:42:20 GMT)

Study: Community prevention programs generate return on investment
An annual investment of $10 per person in community-based disease prevention programs could save the U.S. $2.8 billion each year in health care costs in one to two years, according to a study released Thursday by the Trust for America's Health. (Thu, 17 Jul 2008 17:42:43 GMT)

Letter: City made a smart investment and helps the environment too
That is, the city’s investment of $7.8 million will be completely recouped and perhaps save even more during the course of the 20-year contract. (Thu, 17 Jul 2008 17:49:39 GMT)

Investment firms, banks step up Fed loans
Wall Street firms and banks stepped up their borrowing over the past week from the Federal Reserve's emergency lending program. A Fed report released Thursday said the investment firms averaged $9 million in daily borrowing over the past week. Investment... (Thu, 17 Jul 2008 21:05:40 GMT)

SIV Portfolio Receivers Accept Highest Investment Portfolio Bid
July 18 (Bloomberg) -- The receivers of SIV Portfolio Plc, formerly known as Cheyne Finance Plc, have accepted the highest bid for a proportion of its investment portfolio. (Fri, 18 Jul 2008 00:43:42 GMT)

Investment firm flushes $2.5 million with MovieBeam purchase
MovieBeam has found a new home. After many an ill-fated attempt to make something out of the movie-watching service, Indian investment firm Valuable Group has taken it off of Movie Gallery's tied hands for the princely sum of $2.25 million. Read More... (Fri, 18 Jul 2008 01:35:05 GMT)

Chavez Pleads for Investment as Falling Output Fuels Inflation
July 18 (Bloomberg) -- Venezuelan President Hugo Chavez wore a suit for the occasion, and, grinning at about 300 business leaders he usually calls ``oligarchs,'' asked for help relieving a drought in investment. (Fri, 18 Jul 2008 04:54:11 GMT)

Aviva to Focus on China Pensions as Investment Demand Cools
July 18 (Bloomberg) -- Aviva Plc , the U.K.'s biggest insurer by premiums, said it will focus on selling pensions in China as demand for investment products linked to the world's worst performing major stock market this year wanes. (Fri, 18 Jul 2008 06:06:40 GMT)

Energy Ministry concerned over pace of investment in electricity sector
ZAGORSK. July 18 (Interfax) - The Energy Ministry is concerned over the timeframe for implementing investment programs in the electricity sector and is constantly monitoring the pace of construction, Energy Minister Sergei Shmatko told journalists. (Fri, 18 Jul 2008 07:28:26 GMT)

Clearer, Fairer Funding For The Third Sector - Details Of The Third Sector Investment Programme Published, UK
Care Services Minister, Ivan Lewis, today announced new funding arrangements for Third Sector organisations in health and social care that will make funding more transparent and effective. The new system, known as the Third Sector Investment Programme, replaces the 'Section 64 General Scheme of Grants'. There will be two new funding schemes for 2009/10, which are now open for applications. (Fri, 18 Jul 2008 08:11:27 GMT)

Nigeria: Kano Investment Workers Ready for Showdown Over Poor Condition of Service
Crisis is now brewing between staff of the Kano State Investment and Properties Limited over what the workers described as poor welfare and refusal of the management to implement the 15% salary increment as approved by the state government since 2007. (Fri, 18 Jul 2008 08:27:15 GMT)

SACU signs trade, investment agreement with United States
One agreement marks the first trade, investment and development cooperative agreement (TIDCA) with the Southern African Customs Union (SACU). Schwab participated in the signing with SACU trade ministers from Botswana, Lesotho, Namibia, Swaziland and South Africa. (Fri, 18 Jul 2008 08:57:07 GMT)

MMK to step up construction investment
RBC, 18.07.2008, Magnitogorsk 14:43:11. Magnitogorsk Iron and Steel Works (MMK) is expected to increase investment in the construction of new facilities 2.2 times from some RUB 24bn (approx. USD 1.03bn) in 2007 to RUB 53bn (approx. (Fri, 18 Jul 2008 11:14:20 GMT)

Angola: Industry Minister Encourages Businesspeople to Increase Investment
Angola's Industry minister, Joaquim David, on Thursday in Luanda encouraged the national and foreign entrepreneurs to increase their business transactions in the country, since political and economic conditions are favourable for investment, fruit of the piece achieved in 2002. (Fri, 18 Jul 2008 11:38:30 GMT)

Fuel-cell cars need $200 billion investment: study
NEW YORK - Hydrogen-powered vehicles could one day make up a majority of automobiles on U.S. roads, but the zero-emission cars would require a hefty investment of about $200... (Fri, 18 Jul 2008 11:51:20 GMT)

State investment policy altered to recover pension money
State treasury officials have changed a key investment policy in a bid to recover as much as they can following their troubled $100 million investment in a deal organized by a British hedge fund. (Fri, 18 Jul 2008 14:23:38 GMT)

Sector Snap: Investment Banks
Shares of several investment banks fell Friday morning before recovering later in the session, a day after Merrill Lynch & Co. reported worse-than-expected results for the second quarter and Moody's Investors Service cut Lehman Brothers' long-term senior rating. (Fri, 18 Jul 2008 14:47:17 GMT)

Flint Journal letters to the editor: The topics: Raising investment in preschool lowers later crime incidents
Funding for high-quality preschool programs a vital investment in our future Law enforcement leaders want children to stay in school because we know, through our professional experience and through research, that high school graduates are less likely to turn to crime. (Fri, 18 Jul 2008 17:00:25 GMT)

Home Loan Investment shifts focus, trims staff
WARWICK – Rhode Island-based Home Loan Investment Bank recently laid off about 30 employees as the company shifts its focus from mortgages to commercial loans in the wake of major disruptions in the home loan industry. (Fri, 18 Jul 2008 17:32:50 GMT)

U.S. Venture Capital investment declines 12% in second quarter
(RTTNews) - Saturday, a quarterly U.S. venture capital report released Saturday by Dow Jones VentureSource indicated that quarterly venture capital investment in U.S. companies slipped below the $7 billion mark for the first time in 18 months in the second quarter of 2008. (Sat, 19 Jul 2008 04:35:04 GMT)

Nepal invites more Indian investment in hydro-power sector
Kolkata, Jul 18: Nepalese ambassador to India Dr Durgesh Man Singh today invited more Indian investment in the hydro-power sector, in a bid to plug trade deficit between the two neighbouring countries. (Sat, 19 Jul 2008 05:17:01 GMT)

Investment office of Gates Foundation Trust opposes trash deal
Associated Press - July 19, 2008 1:35 AM ET SEATTLE (AP) - The investment office that manages the assets of the Bill & Melinda Gates Foundation Trust says it would not support Waste... (Sat, 19 Jul 2008 05:46:28 GMT)

OITE's Travel, Property and Investment Show starts today
A three-in-one event, the Travel, Property and Investment Show, opens today at the Salalah Municipality Fair Ground from 5 p.m to 12 midnight, organized by the country's leading events organizer, Oman International Trade and Exhibitions (OITE). (Sat, 19 Jul 2008 05:47:31 GMT)

Investment office of Gates Foundation Trust opposes trash deal
The investment office that manages the assets of the Bill & Melinda Gates Foundation Trust says it would not support Waste Management Inc.'s bid to buy a rival trash hauler. (Sat, 19 Jul 2008 07:19:00 GMT)

VC investment hold steady in 2Q at $7.4 billion
SAN FRANCISCO -- The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups. (Sat, 19 Jul 2008 07:40:36 GMT)

Brown seeks to boost investment in Iraq
British Prime Minister Gordon Brown made an unannounced visit to Iraq on Saturday, seeking to build on the improved security situation in the country to promote investment. (Sat, 19 Jul 2008 08:25:45 GMT)

Brown seeks to boost investment in Iraq
Prime Minister Gordon Brown made an unannounced visit to Iraq on Saturday, seeking to build on the improved security situation in the country to promote investment. (Sat, 19 Jul 2008 08:28:00 GMT)

UK's Brown seeks to boost investment in Iraq
Source: Reuters * Brown makes unannounced visit to Baghdad * Visit expected to focus on investment * Iraq violence at four-year low By Adrian Croft BAGHDAD, July 19 (Reuters) - British Prime Minister Gordon ... (Sat, 19 Jul 2008 08:28:09 GMT)

Brown seeks to boost investment in Iraq
BAGHDAD (Reuters) - Prime Minister Gordon Brown made an unannounced visit to Iraq on Saturday, seeking to build on the improved security situation in the country to promote investment. (Sat, 19 Jul 2008 09:45:44 GMT)

British PM Brown seeks to boost investment in Iraq
British Prime Minister made an unannounced visit to Iraq, seeking to build on the improved security situation in the country to promote investment. (Sat, 19 Jul 2008 09:56:17 GMT)

Brown in Iraq to promote British investment - 2nd Update
Baghdad - British Prime Minister Gordon Brown, who arrived in Iraq on Saturday on a surprise visit, is holding talks with his Iraqi counterpart, focusing on British investment in the country and economic cooperation, according to an Iraqi cabinet sta... (Sat, 19 Jul 2008 10:47:47 GMT)

Brown in Iraq to promote British investment
BAGHDAD - British Prime Minister Gordon Brown, who arrived in Iraq on Saturday on a surprise visit, is holding talks with his Iraqi counterpart, focusing on British investment in the country and economic cooperation, according to an Iraqi cabinet statement. (Sat, 19 Jul 2008 11:35:15 GMT)

Iraq says new hotel to be investment milestone
A U.S.-based investment group laid the foundation stone for a $100 million (50 million pound) luxury hotel in Baghdad on Saturday, a move Iraqi officials said showed the country was open for business with violence at a four-year low. (Sat, 19 Jul 2008 14:13:00 GMT)

Global investment tide turns towards India
India is expected to move three ranks up to become the fourth most favored investment destination for global companies in five years from now. (Sat, 19 Jul 2008 15:21:05 GMT)

Merlot latest investment property market firm to crash
Another property investment group has struck trouble as the property market turns sour. (Sat, 19 Jul 2008 20:52:48 GMT)

PREVIEW: Al-Maliki to seek investment on Berlin visit
Berlin - Iraqi Prime Minister Nuri al-Maliki, who is to meet with German Chancellor Angela Merkel on Tuesday in Berlin, is expected to urge more German investment in his country, arguing that Iraq is now safe for business. A state-owned coach-assembl... (Sun, 20 Jul 2008 05:17:27 GMT)

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