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Investment News Jul 2008

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UAE plans Dh190b heritage investment
Dubai: The UAE has a planned investment outlay of Dh190 billion in the cultural arena to spearhead positive cultural development and heritage conservation across the country including archaeological sites, museums, historic buildings, cultural landscapes and collections, according to UK-based event organiser CMPi. (Sun, 20 Jul 2008 06:13:14 GMT)

Gulf states look to harvest food from foreign investment
Faced with a scarcity of fertile land, water shortages and surging world food prices, wealthy Arab states in the Gulf are seeking to secure their food supplies by investing in agriculture abroad. (Sun, 20 Jul 2008 07:29:12 GMT)

Travel, Property and Investment Show kicks off
The three-in-one Travel, Property and Investment Show has kicked off yeterday inaugurated by H.E. Dr. Rashied bin Al Safi Khamis Al Huraibi, Member of Majlis A'Shura, Representative of the Wilayat of Salalah. (Sun, 20 Jul 2008 08:33:01 GMT)

China To Strengthen Management Of Foreign Investment Projects
(RTTNews) - In a bid to better manage its foreign exchange inflows, China indicated additional measures to strengthen management of foreign investment projects, according to the National Development and Reform Commission. (Sun, 20 Jul 2008 09:50:03 GMT)

HSBC has held talks over investment by China-paper
LONDON, July 20 (Reuters) - HSBC Holdings <0005.HK> has held talks with China's main sovereign investment fund over a potential investment in Europe's biggest bank, the Sunday Telegraph reported, without citing sources. (Sun, 20 Jul 2008 11:11:56 GMT)

HSBC in talks to get China sovereign-fund investment: report
LONDON (MarketWatch) -- HSBC Holdings PLC (HSBA.LN) has held talks with China's main sovereign investment fund over a potential investment in the U.K. bank, the Sunday Telegraph reported. HSBC Chairman Stephen Green "is understood to have met officials from the China Investment Corp. several times in recent months," it said. The discussions are thought to have included the possibility of CIC ... (Sun, 20 Jul 2008 13:36:17 GMT)

HSBC seen to hold talks over investment by China
HSBC Holdings has held talks with China's main sovereign investment fund over a potential investment in Europe's biggest bank, the Sunday Telegraph reported, without citing sources. (Sun, 20 Jul 2008 14:09:00 GMT)

HSBC seen to hold talks over investment by China
LONDON (Reuters) - HSBC Holdings has held talks with China's main sovereign investment fund over a potential investment in Europe's biggest bank, the Sunday Telegraph reported, without citing sources. (Sun, 20 Jul 2008 14:12:01 GMT)

GSIS seeks fund managers for its $400-M global investment program
The Government Service Insurance Service (GSIS) said it would tap fund managers to manage its $400-million global investment program. (Sun, 20 Jul 2008 15:51:05 GMT)

Fund for New Zealand investment
New Zealand First leader Winston Peters wants to set up an investment fund called the New Zealand Fund that would invest in local infrastructure and what he called "sound companies". (Sun, 20 Jul 2008 17:55:25 GMT)

Investment sales, Md. absorption plummet in 2Q
Despite some eye-popping prices for D.C.’s swankiest commercial buildings — a record $837 per square foot for 2099 Pennsylvania Ave. NW, for instance — second-quarter investment sales activity in the region was down as much as 80 percent compared with a year ago, according to reports by local real estate analysts. (Mon, 21 Jul 2008 04:31:52 GMT)

CBRE strategy will combine Dallas, Houston investment offices for crossmarket approach
CB Richard Ellis Inc. is streamlining its Dallas and Houston investment groups. Russell Ingrum, a broker in the CBRE’s Dallas office, will relocate to Houston to head the modified operation. (Mon, 21 Jul 2008 04:59:11 GMT)

BI International recipient of second venture-capital investment
Business Intelligence International waited 11 years to get its first venture-capital investment but only 18 months to get its second. (Mon, 21 Jul 2008 05:30:48 GMT)

China Mutual Funds' Value Down CNY413.88 Billion In 2Q -TX Investment
SHANGHAI -(Dow Jones)- The aggregate value of China's 362 mutual funds fell CNY413.88 billion in the second quarter due to falling stock markets and an increase in redemptions, easing from a sequentialdecline of CNY670 billion in the first quarter, local consultanting and research firm TX Investment Consulting Co. said Monday. (Mon, 21 Jul 2008 05:35:50 GMT)

IBM's $1.5 billion investment computes to 1,000 new upstate jobs
At least 1,000 new jobs, including 325 at the University at Albany's College of Nanoscale Science and Engineering, would be added to upstate New York's employment force under a $1.5 billion investment package by IBM Corp. (NYSE: IBM). (IBM) (Mon, 21 Jul 2008 05:54:28 GMT)

PNC renames its investment service unit, will add 50 jobs
PNC Financial Services Group Inc.'s newly renamed international investment servicing business unit is poised to help the region's largest bank offset the dicey economy, while adding more than 50 local jobs. (Mon, 21 Jul 2008 06:18:07 GMT)

IL&FS Investment Managers April-June net at 350.1 mln rupees
MUMBAI, July 21 (Reuters) - IL&FS Investment Managers said on Monday it has posted a consolidated net profit of 130.2 million rupees and total income of 350.1 million rupees for the quarter ended June 30. (Mon, 21 Jul 2008 06:48:32 GMT)

ASM INVESTMENT EXPECTS TOTAL ASSETS TO REACH RM1 BLN IN TWO YEARS
KUALA LUMPUR, July 21 (Bernama) -- ASM Investment Services Bhd expects its current total assets of RM500 million to reach RM1 billion within two years. (Mon, 21 Jul 2008 07:01:15 GMT)

HSBC's HK shares jump on China investment talk and Citi
Shares in HSBC Holdings jumped over 4 percent in Hong Kong on Monday after a UK newspaper reported that Europe's largest lender had discussed a potential investment by China's sovereign wealth fund. (Mon, 21 Jul 2008 07:25:00 GMT)

HSBC Gains Most in 4 Months on CIC Investment Report (Update3)
July 21 (Bloomberg) -- HSBC Holdings Plc , Europe's largest bank, rose the most in almost four months in Hong Kong trading after a report that it held talks with China Investment Corp. to attract investment from the Chinese sovereign fund. (Mon, 21 Jul 2008 08:33:12 GMT)

Indonesia orders regions to cut investment red tape
JAKARTA, July 21 (Reuters) - Indonesia's president has given regional governments a year to revise regulations deemed unfriendly towards business, amid efforts to cut red tape and boost investment in Southeast Asia's biggest economy.. (Mon, 21 Jul 2008 10:31:30 GMT)

Foreign investment in Pakistan falls 38 pct in 07/08
KARACHI, July 21 (Reuters) - Net foreign investment inflows to Pakistan fell 38.4 percent to $5.193 billion in fiscal year of 2007/08 (July/June), compared with $8.428 billion a year earlier, the State Bank of Pakistan said on Monday. (Mon, 21 Jul 2008 13:05:27 GMT)

Investment sales, Md. absorption plummet in 2Q
Despite some eye-popping prices for D.C.’s swankiest commercial buildings — a record $837 per square foot for 2099 Pennsylvania Ave. NW, for instance — second-quarter investment sales activity in the region was down as much as 80 percent compared with a year ago, according to reports by local real estate analysts. (Mon, 21 Jul 2008 13:11:12 GMT)

Investment groups take control of SemGroup Energy
Oil and asphalt transportation and storage provider SemGroup Energy Partners LP said Monday that two investment groups holding a loan for its parent have taken control of the company and named a new board. (Mon, 21 Jul 2008 13:59:40 GMT)

AK Steel plans $21M investment in Pa. facility
The board of directors at AK Steel Holding Corp. on Monday approved a $21 million capital investment to expand production of high-valued, grain-oriented electrical steels at its Butler, Pa., facility. (Mon, 21 Jul 2008 14:07:01 GMT)

Kenyan PM heads to Britain seeking investment deals
Kenyan Prime Minister Raila Odinga is due to fly Monday to Britain for a three-day official visit to seek investment for his country, struggling to recover from the impact of post-election violence. (Mon, 21 Jul 2008 14:46:32 GMT)

SimCorp Integrates XpressInstruments to Reduce Risk SimCorp incorporated XpressInstruments into its investment ...
SimCorp has added XpressInstruments, a model aimed at reducing operation risk, to its investment management system, SimCorp Dimension. (Mon, 21 Jul 2008 15:05:45 GMT)

FEV, Inc. Announces Major Investment for Facility Expansions and Addition of New Test Facility
AUBURN HILLS, Mich., July 21 -- FEV, Inc. (FEV), a leading developer of advanced powertrain and vehicle technologies, announced a major capital investment into the expansion of its facilities in Auburn Hills, Michigan. (Mon, 21 Jul 2008 15:37:55 GMT)

Investment groups make $7.82B offer for TransAlta
Two investment groups said Monday that they are making a $7.8 billion bid to take Canada's largest generator of wind power private. (Mon, 21 Jul 2008 17:01:55 GMT)

Sector Snap: Investment Banks
Shares of investment banks mostly fell Monday afternoon despite improved activity in the mergers and acquisitions market over the past week. (Mon, 21 Jul 2008 18:14:21 GMT)

Investment groups make $7.82B offer for TransAlta
Two investment groups said Monday that they are making a $7.8 billion bid to take Canada's largest generator of wind power private. (Mon, 21 Jul 2008 22:26:29 GMT)

Investment Banking Leader at Citigroup Is Leaving
Citigroup?s investment banking chairman, Michael Klein, will leave the bank, extending a management shake-up after Vikram S. Pandit?s appointment as chief executive in December. (Tue, 22 Jul 2008 01:58:03 GMT)

Kenyan PM leaves for Britain to press for post-election investment
Kenyan Prime Minister Raila Odinga on Monday flew to Britain for a three-day official visit to seek investment for his country, struggling to recover from the impact of post-election violence. (Tue, 22 Jul 2008 02:06:13 GMT)

Singapore: Singapore Says Strong Foreign Investment To Help Boost Growth 4%-6% This Year
SINGAPORE: Strong foreign investment will help Singapore's economy grow between 4% and 6% this year, while inflation is expected to drop by the end of the year, a senior government official said. (Tue, 22 Jul 2008 04:40:50 GMT)

BofA investment banking result lifts market
Bank of America further boosted investor sentiment in the US banking sector on Monday, posting better-than-expected second-quarter results including a strong performance in investment banking. (Tue, 22 Jul 2008 06:13:41 GMT)

Social security fund pursues value-oriented investment
The nation’s 500-billion-yuan pension fund will stick to a long-term, value-oriented investment strategy and stabilize its stock-asset proportion despite recent fluctuation of the capital market, said Dai Xianglong, chairman of the National Council for Social Security Fund, in an interview with the People’s Daily. (Tue, 22 Jul 2008 06:43:38 GMT)

Securities & Investment Company’s funds deliver strong performance during first half of 2008
Securities & Investment Company (SICO), the Bahrain based regionally focused investment bank, today announced first half of 2008 performance results for its GCC equity funds, which have outperformed market indices. (Tue, 22 Jul 2008 08:46:46 GMT)

Platinum investment offering different options 21st July 2008
Friends Provident is set to offer a new precious metals investment fund that holds platinum, as well as gold bullion and silver. (Tue, 22 Jul 2008 08:50:56 GMT)

GE, Abu Dhabi investment co. agree to partnership
General Electric and an Abu Dhabi government-owned investment company have agreed to a global partnership that includes a commercial finance, research for clean energy and water and plans to expand GE's aircraft engine service and repair in the Middle East. (Tue, 22 Jul 2008 14:46:23 GMT)

Investment scheme operator sentenced to prison
A Toms River man who ran an investment scheme that bilked investors out of millions of dollars has been sentenced to seven years in state prison after pleading guilty to theft by deception, the Attorney General's Office said today. (Tue, 22 Jul 2008 15:12:42 GMT)

China's Xugong says Carlyle investment deal dead
SHANGHAI, July 22 (Reuters) - Xugong Group Construction Machinery Co, China's biggest maker of construction equipment, has abandoned a plan to sell a stake to U.S. investment firm Carlyle Group [CYL.UL ], a subsidiary of Xugong said on Tuesday. (Tue, 22 Jul 2008 15:13:44 GMT)

Identify Growth Segments and Opportunities with Canada Dental Devices Investment Opportunities, Analysis and Forecasts ...
Research and Markets (http://www.researchandmarkets.com/research/4c993c/canada_dental_devi) has announced the addition of the "Canada Dental Devices Investment Opportunities, Analysis and Forecasts to 2012" report to their offering. (Tue, 22 Jul 2008 15:43:38 GMT)

GE, Abu Dhabi Form $8 Billion Mideast Investment Fund (Update2)
July 22 (Bloomberg) -- General Electric Co. and Mubadala Development Co. formed an $8 billion venture to invest in emerging markets in the Middle East and Africa, and the Abu Dhabi investment company said it intends to become one of GE's largest shareholders. (Tue, 22 Jul 2008 15:51:02 GMT)

Iraqi prime minister seeks German investment
Iraq's prime minister said Tuesday that improved security means his country is now ready to welcome foreign firms, using a trip to Germany to encourage investment from Europe's biggest economy. (Tue, 22 Jul 2008 16:36:36 GMT)

VC firm doubles investment in Agent Video
A venture capital fund upped its investment in video technology firm Agent Video Intelligence Ltd. by $9 million, the companies announced Tuesday. (Tue, 22 Jul 2008 17:14:43 GMT)

Maliki appeals to Germany to increase investment in Iraq
Eager to attract technological know-how and investment, Prime Minister Nuri Kamal al-Maliki of Iraq urged German industry to put aside reservations about security and help modernize Iraq's energy infrastructure. (Tue, 22 Jul 2008 18:33:23 GMT)

GE, Abu Dhabi investment co. form ventures
General Electric Co. has agreed to a joint venture with an Abu Dhabi government investment company that will pump $4 billion of outside capital into its weakened commercial finance business, part of new global partnership to expand on GE's fast-growing sales in the Middle East. (Tue, 22 Jul 2008 20:16:29 GMT)

Australia's largest investment bank profit falls amid global credit squeeze
MELBOURNE, Australia - Macquarie Group Ltd., Australia"s largest investment bank, said Wednesday its first-quarter profit slid as deal activity slowed and equity trading volumes decreased amid a global liquidity squeeze. (Wed, 23 Jul 2008 05:21:26 GMT)

GE in $8bn Abu Dhabi investment
General Electric seals a $8bn tie-up with an Abu Dhabi investment firm to provide finance in the Middle East. (Wed, 23 Jul 2008 06:24:04 GMT)

GE in $8bn Abu Dhabi investment
General Electric seals a $8bn tie-up with an Abu Dhabi investment firm to provide finance in the Middle East. (Wed, 23 Jul 2008 06:26:57 GMT)

Gazprom weighing changes to investment program
RBC, 23.07.2008, Moscow 09:56:05. The Board of Directors of Gazprom will discuss a number of issues related to the company's operation today, including amendments to the gas giant's investment program and budget (financial plan) for 2008, and the approval of a related-party transaction with Daltransgaz. (Wed, 23 Jul 2008 06:29:10 GMT)

Thermax plans additional investment of 1.8 bln rupees
MUMBAI, July 23 (Reuters) - Thermax Ltd plans to make an additional investment of 1.8 billion rupees to its capex in FY09, Managing Director M.S. Unnikrishnan told newschannel NDTV Profit on Wednesday. (Wed, 23 Jul 2008 07:39:13 GMT)

Tanzania Investment Bank picked broker in recovery of CIS loans
The government has said it would now recover billions of money it disbursed to individuals, companies and institutions under the Commodity Import Support (CIS) programme through the Tanzania Investment Bank (TIB) and a broker. (Wed, 23 Jul 2008 08:25:18 GMT)

eSecLending Establishes Registered Investment Advisor (RIA) Affiliate
eSecLending, a leading full-service provider and administrator of customized securities lending programs, announced today, the establishment of Securities Finance Global Advisors (SFGA), a Registered Investment Advisor, to support US mutual fund cash collateral management for securities lending. (Wed, 23 Jul 2008 14:28:37 GMT)

AMG to Make Investment in Gannett Welsh & Kotler
Affiliated Managers Group, Inc. (NYSE: AMG), a diversified asset management company, and Gannett Welsh & Kotler, LLC ("GW&K"), an investment management unit of The Bank of New York Mellon (NYSE: BK), have reached a definitive agreement for AMG and the management team of GW&K to acquire the asset management business of GW&K. (Wed, 23 Jul 2008 14:44:05 GMT)

Germany and Iraq sign investment accord
BERLIN, July 23 (Reuters) - Germany and Iraq have signed a bilateral investment agreement aimed at bolstering business ties between Europe's largest economy and the oil-rich state. (Wed, 23 Jul 2008 15:11:00 GMT)

FBR Capital Markets posts 2nd-quarter loss as investment banking revenue plunges
ARLINGTON, Va. (AP) - FBR Capital Markets Corp., a majority-owned unit of Friedman, Billings, Ramsey Group Inc., said Wednesday it lost $25.2 million in the second quarter as investment banking revenue plunged. (Wed, 23 Jul 2008 15:31:09 GMT)

Gazprom's Board Nods Company's 2008 Investment, Budget
A Board of Directors' meeting has commenced at the Gazprom Headquarters. The Board of Directors has approved the updated Gazprom's Investment Program and Budget (Financial Plan) for 2008. (Wed, 23 Jul 2008 15:38:39 GMT)

MOVES-Citigroup, Insight Investment, Merrill Lynch
(Adds Citigroup, Insight Investment, Merrill Lynch, Pioneer Investments, KPMG, Janus, Barclays, Millennium) (Wed, 23 Jul 2008 16:36:33 GMT)

Sector Snap: Investment Banks mostly rise
Shares of investment banks mostly rose Wednesday afternoon, as the broader market edged higher and the financial services sector continued to recover from lows seen earlier in the month. (Wed, 23 Jul 2008 19:44:57 GMT)

BERJAYA CORP STOCKBROKING INVESTMENT IN VIETNAM
BERJAYA CORPORATION reported Jul 21, 2008 that its unit - INTER-PACIFIC SECURITIES sb - had obtained Vietnamese approval for the proposed investement of 49% in a joint venture stock broking unit. The investment will involve RM29.1m cash. (Thu, 24 Jul 2008 01:54:47 GMT)

Feds: Investment fraud case settled
FARGO (AP) - Federal prosecutors say they've settled the case of one man accused in an investment fraud case. (Thu, 24 Jul 2008 05:20:20 GMT)

State investment helps Kone’s plans move forward
A $2 million investment package from Illinois announced Wednesday will provide tax credits to Kone Inc. and help developers move forward on construction of an 18-story tower in downtown Moline. (Thu, 24 Jul 2008 05:38:29 GMT)

Board OKs seeking investment advice
VALPARAISO | The Porter County Council this week moved forward with a plan that invites investment institutions to lay out the county's options regarding the hospital proceeds money. (Thu, 24 Jul 2008 05:42:19 GMT)

Couple sues Easley-based Capital Investment Funding
A Greenville County couple filed suit against an Upstate investment firm, its manager, directors and others, alleging they obtained money from the public illegally and laundered it through loans for highly speculative real estate deals and other ventures. (Thu, 24 Jul 2008 06:00:50 GMT)

UF cautious about positive investment returns
UF administrators were warned to be prudent in their plans to use money from the university’s endowment funds despite positive investment returns this year. (Thu, 24 Jul 2008 06:06:55 GMT)

Indo-US Nuclear Deal To Unlock £20 Bln. Investment
(RTTNews) - Thursday, the media quoting a British daily reported that the Indo-US nuclear deal is expected to unlock £20 billion investment in the power sector over the next ten years. (Thu, 24 Jul 2008 06:20:12 GMT)

Government upgrades Daimler-Benz plant to priority investment
Hungary’s National Development and Economy Minister Gordon Bajnai announced that the government had classified construction of a projected €800 million Daimler-Benz assembly plant as a priority national investment, thus making it eligible for a streamlined permit-acquisition process. (Thu, 24 Jul 2008 07:00:16 GMT)

Vietnam To Curb Investment Spending To Keep Inflation In Check
HANOI -(Dow Jones)- Vietnam's state-run organizations have withheld spending worth VND44.4 trillion ($2.69 billion) from their investment funds this year, in line with government efforts to tame inflation, the Ministry of Planning and Investment said Thursday. (Thu, 24 Jul 2008 07:20:20 GMT)

Govt OKs Volvo investment in Eicher JV
NEW DELHI (Reuters) - The cabinet on Thursday approved Swedish truck maker Volvo's investment of $275 million in a joint venture with commercial vehicle maker Eicher Motors Ltd. (Thu, 24 Jul 2008 09:32:52 GMT)

Cabinet clears $275 mn Volvo investment in joint venture with Eicher
New Delhi, July 24 (IANS) The Cabinet Committee on Economic Affairs (CCEA) Thursday approved a foreign direct investment (FDI) of $275 million (Rs.10.43 billion) by Swedish auto major AB Volvo in a joint venture with Indian auto maker Eicher Motors Ltd. (Thu, 24 Jul 2008 10:55:00 GMT)

Investment Report of China Medical Industry, 2000-2008 Available Now
Research and Markets (http://www.researchandmarkets.com/research/955ff7/investment_report) has announced the addition of the "Investment Report of China Medical Industry, 2000-2008" report to their offering. (Thu, 24 Jul 2008 11:45:07 GMT)

SEC moves to freeze assets of investment adviser
Federal regulators are moving to freeze the assets of a Hillsborough investment adviser accused of stealing more than $20 million from investors. (Thu, 24 Jul 2008 12:57:16 GMT)

SEC moves to freeze assets of investment adviser
Federal regulators are moving to freeze the assets of a Hillsborough investment adviser accused of stealing more than $20 million from investors. The Securities and Exchange Commission is accusing Robert Brown Jr. of using his clients' investment money as... (Thu, 24 Jul 2008 13:20:20 GMT)

SEC needs investment bank oversight authority: Cox
Investment banks need different regulatory oversight than commercial banks, and the U.S. Securities and Exchange Commission should be given the authority to supervise the broker-dealer firms, SEC Chairman Christopher Cox said on Thursday. (Thu, 24 Jul 2008 15:16:00 GMT)

BofA Hires Goldman Investment Banker
Chris Hogg, who worked closely with a Goldman unit that helped financial institutions raise money, is part of a renewed push into investment banking for the Charlotte, N.C.-based bank. (Thu, 24 Jul 2008 15:16:09 GMT)

TNK-BP says investment dispute could cut output
Embattled oil joint venture TNK-BP warned Thursday that a shareholder dispute could hurt production if its Russian co-owners push through a plan to cut investment. (Thu, 24 Jul 2008 15:34:40 GMT)

SEC's Cox says investment banks play unique role
Having investment banks follow the same rules as commercial banks would hurt the U.S. financial system and drive risk-taking business outside of government oversight, the head of the Securities and Exchange Commission said Thursday. (Thu, 24 Jul 2008 15:56:26 GMT)

Viterra debt upgraded to investment grade by DBRS: 'exceeded expectations�
TORONTO - DBRS has upgraded the credit rating of Viterra Inc. (TSX:VT) to investment grade, giving the grain distributor's senior notes and bank debt a ranking of BBB (low), up from BB (high). (Thu, 24 Jul 2008 16:15:39 GMT)

SEC's Cox says investment banks play unique role
Having investment banks follow the same rules as commercial banks would hurt the U.S. financial system and drive risk-taking business outside of government oversight, the head of the Securities and Exchange Commission said Thursday. (Thu, 24 Jul 2008 18:26:51 GMT)

Who Will Watch the Investment Banks?
Since JPMorgan ’s federally assisted bailout of Bear Stearns in March, there have been increasingly louder calls for Washington to step up its oversight of investment banks. (Thu, 24 Jul 2008 18:46:01 GMT)

Sector Snap: Investment Banks fall with market
Shares of investment banks fell Thursday along with the broader market after a new report from the National Association of Realtors showed steeper-than-expected declines in sales of existing homes in June. (Thu, 24 Jul 2008 19:42:24 GMT)

SEC, Fed push for authority over investment banks
The head of the U.S. Securities and Exchange Commission on Thursday urged Congress to give his agency authority to oversee investment banks, even as a top Federal Reserve official said the central bank needed similar powers to do its job. (Thu, 24 Jul 2008 19:55:10 GMT)

Pick of the week: Investment bags
Life & style: Avoid quick-fix bargains and adopt the investment mantra instead with our selection (Thu, 24 Jul 2008 23:56:13 GMT)

Investment group alleges $230m Russia tax fraud
Suspected fraudsters have allegedly stolen $230m from the Russian tax authorities in a complex scheme involving forgery, impersonation and the theft of three investment companies, according to Hermitage Capital Management, formerly the country's largest foreign portfolio investment manager. (Fri, 25 Jul 2008 02:13:28 GMT)

MMK increases long-term investment program
RBC, 25.07.2008, Moscow 10:28:22. The investment program of Magnitogorsk Iron and Steel Works (MMK) until 2013 will amount to at least $10bn, the company's press office reported today. The figure was originally estimated at more than $7bn. (Fri, 25 Jul 2008 07:14:21 GMT)

State's investment portfolio nearly $11B
CHEYENNE n Calling it “staggering growth,” State Treasurer Joe Meyer announced Thursday that the state's investment portfolio grew by $1.5 billion in book value during the past fiscal year, for a new total of nearly $11 billion. (Fri, 25 Jul 2008 08:33:39 GMT)

Foreign Investment In Myanmar Falls 77% On Year - Government
YANGON, Myanmar (AFP)--Foreign investment in Myanmar plummeted by 77% over the past fiscal year as investments in the oil, gas and electricity sectors were significantly lower, official figures showed Friday. (Fri, 25 Jul 2008 12:20:49 GMT)

Collective Brands shares spike after purchases by investment firm
A California investment firm has taken a 5.6 percent interest in Collective Brands, the Topeka-based company that operates Payless shoe stores. (Fri, 25 Jul 2008 12:34:51 GMT)

Ohio to Get Back $55M After Investment Scandal
Liquidators say they're close to finishing off the sale of coins and collectibles bought by a former Ohio Republican fundraiser who stole from a state investment fund he managed. (Fri, 25 Jul 2008 15:01:20 GMT)

Ohio To Get Back $55M After Investment Scandal
Liquidators said they are close to finishing off the sale of coins and collectibles bought by a former Ohio Republican fundraiser who stole from a state investment fund he managed. (Fri, 25 Jul 2008 15:52:23 GMT)

Sector Glance: Investment Banks
Shares of investment banks fell Friday morning despite an increase in the broader markets. The broader market rose as a new Commerce Department report showed new home sales in June fell by 0.6 percent to an annual rate of 530,000 units -- better than the expected 505,000 units. (Fri, 25 Jul 2008 16:03:53 GMT)

SEC's Cox says investment banks play unique role
WASHINGTON - Having investment banks follow the same rules as commercial banks would hurt the U.S. financial system and drive risk-taking business outside of government oversight, the head of the Securities and Exchange Commission said Thursday. (Fri, 25 Jul 2008 17:21:19 GMT)

Ohio will get up to $55M after investment scandal
The sale of coins and collectibles bought by a former Republican fundraiser who stole from a state investment fund will bring the state up to $54.9 million, according to the Ohio Bureau of Workers' Compensation. (Fri, 25 Jul 2008 17:35:25 GMT)

Ohio will get up to $55M after investment scandal
Ohio will get about $55 million from the sale of rare coins and other memorabilia that were purchased by a former Republican fundraiser convicted of stealing from a state investment fund he managed, officials overseeing the liquidation said. (Fri, 25 Jul 2008 18:08:02 GMT)

India's Subbarao urges more direct investment
Visiting Indian Finance Secretary Duvvuri Subbarao called on Japanese firms Friday to boost investment in India, especially in the field of infrastructure, where the nation plans to spend $500 billion in the next five years. India expects foreign direct investment to shoulder about a third of the $500 billion project to build much-needed roads, ports and housing. Read the full story ... (Fri, 25 Jul 2008 22:42:31 GMT)

Cameroon: Northwest Tops Chart in Executing Public Investment Projects
The Director of Programming of Investment in the Ministry of Economy and Finance, Paul Tasong, has hailed Northwest Province for occupying the first position when it comes to the execution of Public Investment Projects. (Fri, 25 Jul 2008 22:49:18 GMT)

Private Investor: One man's evil is another man's wise investment
As a consumer, you ought to hate and despise the utilities. If you do feel that way, then I suggest the ideal emotional and financial hedge is to buy shares in them. Very often in these matters you find that one man's profiteering evil company is another man's wise and fruitful investment, and, in the case of the utilities you can in fact be both those men at once. (Fri, 25 Jul 2008 23:13:49 GMT)

IRF European Finance Investments increases stake in Marfin Investment
IRF European Finance Investments has acquired a further 5.71 million ordinary shares in Marfin Investment Group for approximately E27.5 million in cash. (Sat, 26 Jul 2008 01:35:32 GMT)

Giuliani, Berman Enterprises Launch RE Investment Fund
Giuliani Partners, headed by former New York mayor Rudolph Giuliani, and commercial real estate owner Berman Enterprises are launching a real estate investment fund of between $500 million and $750 million focused on commercial and residential opportunities. (Sat, 26 Jul 2008 05:10:23 GMT)

State seeks Capital Investment Funding's compliance with subpoena
South Carolina's attorney general has asked a judge to order Arthur Field and his Upstate investment firm to comply with a subpoena for financial records as part of a civil investigation. (Sat, 26 Jul 2008 06:00:21 GMT)

State's investment portfolio nearly $11B
CHEYENNE -- Calling it "staggering growth," State Treasurer Joe Meyer announced Thursday that the state's investment portfolio grew by $1.5 billion in book value during the past fiscal year, for a new total of nearly $11 billion. (Sat, 26 Jul 2008 07:31:47 GMT)

SEC's Cox Says Investment Banks Play Unique Role
July 28, 2008 (AFX News Limited) WASHINGTON (AP) - Having investment banks follow the same rules as commercial banks would hurt the U.S. financial system and drive risk-taking business outside of government oversight, the head of the Securities and Exchange Commission said Thursday. (Sat, 26 Jul 2008 08:28:20 GMT)

Post-Olympic investment, consumption face challenges in Beijing: report
Investment and consumption, the two pillars of economic growth in Beijing, faces challenges in the post-Olympic period as a report predicts the growth of fixed-asset investment may shrink to 10 percent in the third quarter, down 14.8 percent from the first quarter. (Sat, 26 Jul 2008 09:24:16 GMT)

BSE lists six funds of Global Investment House
Director of The Bahrain Stock Exchange (BSE), Mr. Fouad Rashid approved to list six funds issued by Global Investment House at the Exchange on Sunday 27th of July 2008. (Sat, 26 Jul 2008 12:32:31 GMT)

Bahrain Stock Exchange lists six funds of Global Investment House‎
Bahrain Stock Exchange lists six funds of Global Investment House‎ (Sat, 26 Jul 2008 13:00:16 GMT)

Casino investment helped fund Wendt Foundation's gambling suit
The Margaret L. Wendt Foundation's investment in one of the world's largest gambling companies generated enough profit to pay for the legal fight against a downtown Buffalo casino. (Sat, 26 Jul 2008 13:41:06 GMT)

Top tips: Wine investment
Luke Batchelar, of Batchelar Fine and Rare Wine, a wine sourcing and cellaring consultancy, answers queries about wine investment. Is wine collecting a safe investment? (Sat, 26 Jul 2008 17:15:19 GMT)

'Wellness' a healthy investment for company
Lincoln Industries looks like a typical blue-collar plant: workers cutting, bending, plating and polishing steel for products such as motorcycle tailpipes and truck exhausts amid the din of machinery. (Sat, 26 Jul 2008 22:59:13 GMT)

Many companies replacing mutual funds with collective investment funds in retirement plans
Replacing mutual funds with collective investment funds can lower costs but deprive investors of the kind of information they are used to getting. (Sun, 27 Jul 2008 05:13:46 GMT)

Blasts will not affect investment climate: Bangalore's industry leaders
By V.S. Karnic, Bangalore, July 27 : The serial bomb blasts that shook India's IT hub Friday will not have any negative impact on Bangalore's reputation as a peaceful city and safe investment destination, industry leaders say. (Sun, 27 Jul 2008 05:16:01 GMT)

Blasts will not affect investment climate: Bangalore's industry leaders
It is like a blip on the radar. The mood and sentiment of the people will bounce back and investment climate will not be affected, D. Muralidhar, president of the Federation of Karnataka Chamber of Commerce and Industries, said... (Sun, 27 Jul 2008 05:33:52 GMT)

Investment show provides financial solutions
Besides fun, entertainment and a variety of business showcase being held on the sidelines of the Salalah Tourism Festival, Oman International Trade and Exhibitions (OITE) is pleased to announce that visitors to the said event also availed of financial solutions at the recently concluded investment show in Salalah. (Sun, 27 Jul 2008 06:02:51 GMT)

General Electric in $8bn Abu Dhabi investment
UAE - Mubadala Development - Investment General Electric is joining forces with Abu Dhabi investment firm Mubadala Development to provide $8 billion of finance in the Middle East and Africa. (Sun, 27 Jul 2008 07:33:10 GMT)

Blasts will not affect investment climate: Biz moguls
The serial bomb blasts that shook India's IT hub Friday will not have any negative impact on Bangalore's reputation as a peaceful city and safe investment destination, industry leaders say. (Sun, 27 Jul 2008 07:54:52 GMT)

State's investment portfolio nearly $11B
CHEYENNE -- Calling it "staggering growth," State Treasurer Joe Meyer announced Thursday that the state's investment portfolio grew by $1.5 billion in book value during the past fiscal year, for a new total of nearly $11 billion. (Sun, 27 Jul 2008 08:30:36 GMT)

Unbalanced investment portfolios can be a costly mistake
Balance is essential to almost all parts of our lives. We balance work and family issues. We can balance our indulgence for desserts with an extra trip to the gym. We even balance our checkbooks. But sometimes, we let our investment portfolios get out of balance -- and that can be a costly mistake. (Sun, 27 Jul 2008 09:16:20 GMT)

State's investment portfolio nearly $11B
CHEYENNE -- Calling it "staggering growth," State Treasurer Joe Meyer announced Thursday that the state's investment portfolio grew by $1.5 billion in book value during the past fiscal year, for a new total of nearly $11 billion. (Sun, 27 Jul 2008 11:00:36 GMT)

Jordinvest a silver sponsor of 'Finance & Investment Show & Forum'
Jordan Investment Trust P.L.C. (Jordinvest), one of the leading providers of comprehensive financial and investment services locally and regionally, participated through its silver sponsorship in the Finance and Investment Forum and Exhibition organized by the Jordan Engineers Association (JEA) on the anniversary of its golden jubilee. (Sun, 27 Jul 2008 12:32:51 GMT)

ACW Holdings provides UAE property market's best investment opportunities
In just over four years, ACW Holdings has established itself as a leading property developer specialised in providing the United Arab Emirates real estate market with high-yield freehold investment opportunities across the residential, retail, serviced apartment and commercial office sectors. (Sun, 27 Jul 2008 13:17:41 GMT)

(AFX UK Focus) 2008-07-27 14:20 HBOS investment arm to sell Hill Hire in bid to raise 300 mln pounds - report
LONDON (Thomson Financial) - HBOS Plc's investment arm is looking to divest hire company Hill Hire in a bid to raise 300 million pounds, the Sunday Times reported. (Sun, 27 Jul 2008 13:53:07 GMT)

Top tips: Wine investment
Luke Batchelar, of Batchelar Fine and Rare Wine, a wine sourcing and cellaring consultancy, answers queries about wine investment. Is wine collecting a safe investment? (Sun, 27 Jul 2008 16:28:40 GMT)

Investment losses take hit at profits
Four of Thailand's top banks, while posting healthy profits overall, showed investment losses for the second quarter due to volatility in the money markets. (Mon, 28 Jul 2008 03:27:21 GMT)

Investment firm KKR to sell shares on NYSE
Kohlberg Kravis Roberts & Co, one of the most prestigious US investment firms, announced its intentions to sell its shares publicly on the New York Stock Exchange. (Mon, 28 Jul 2008 04:53:59 GMT)

Study: Community health efforts 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. (Mon, 28 Jul 2008 05:16:06 GMT)

Investment management firm Arrow hits sweet spot
Startup Arrow Investment Advisors LLC, an investment management company, is hitting its stride, with ambitious plans to launch a research business later this year and more than double its managed assets in 12 months — all during a tough investment environment. (Mon, 28 Jul 2008 05:53:28 GMT)

Investment real estate deals dip in credit crisis
Sales of commercial properties dropped for the first time in five years as buyers faced tighter credit, according to a new study of investment activity by NorthMarq Capital Inc. (Mon, 28 Jul 2008 06:01:53 GMT)

Uganda: Museveni Asks Youth to Fight Anti-Investment Forces
PRESIDENT Yoweri Museveni has appealed to the youth to support the Government's programmes aimed at attracting investment. (Mon, 28 Jul 2008 06:06:21 GMT)

StarVest leads $15 million investment in Iron Solutions
Four venture investors, led by StarVest Partners of New York, acquired 90 percent of Iron Solutions Inc. of Fenton for $15 million -- creating a combination recapitalization and venture investment, one of the largest such deals in the St. Louis area this year. (Mon, 28 Jul 2008 06:46:03 GMT)

Investment firm KKR to sell shares on NYSE
Kohlberg Kravis Roberts & Co, one of the most prestigious US investment firms, announced its intentions Sunday to sell its shares publicly on the New York Stock Exchange. (Mon, 28 Jul 2008 07:14:21 GMT)

Investment firm KKR to sell shares on NYSE
A trader looks up at a monitor on the floor of the New York Stock Exchange. Kohlberg Kravis Roberts & Co, one of the most prestigious US investment firms, announced its intentions to sell its shares publicly on the New York Stock Exchange (Mon, 28 Jul 2008 07:31:20 GMT)

Investment firm KKR to sell shares on NYSE
Kohlberg Kravis Roberts & Co, one of the most prestigious US investment firms, announced its intentions yesterday to sell its shares publicly on the New York Stock Exchange. (Mon, 28 Jul 2008 08:09:33 GMT)

Investment firm KKR to sell shares on NYSE
Kohlberg Kravis Roberts & Co, one of the most prestigious US investment firms, announced its intentions Sunday to sell its shares publicly on the New York Stock Exchange. (Mon, 28 Jul 2008 11:54:39 GMT)

SEC Finds Voice with Investment Bank Plan
U.S. Securities and Exchange Commission Chairman Christopher Cox urged Congress last week to give the SEC the authority to supervise investment banks and take action if a firm is in danger of collapsing. Is it too late for the SEC to flex its oversight authority muscles? (Mon, 28 Jul 2008 12:33:06 GMT)

Italy Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020
Research and Markets (http://www.researchandmarkets.com/research/831242/italy_oil_and_gas) has announced the addition of the "Italy Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020" report to their offering. (Mon, 28 Jul 2008 14:00:18 GMT)

Indonesia Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020
Research and Markets (http://www.researchandmarkets.com/research/dd46bd/indonesia_oil_and) has announced the addition of the "Indonesia Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020" report to their offering. (Mon, 28 Jul 2008 14:13:47 GMT)

The Essential Guide to Ireland's Oil and Gas Markets: Including the Latest Investment Opportunities, Analysis and ...
Research and Markets (http://www.researchandmarkets.com/research/249502/ireland_oil_and_ga) has announced the addition of the "Ireland Oil and Gas Markets Investment Opportunities, Analysis and Forecasts to 2020" report to their offering. (Mon, 28 Jul 2008 14:14:17 GMT)

Frontier Airlines lands $75M investment
Frontier Airlines , which filed for Chapter 11 reorganization in April, will receive $75 million in working capital from a private-investment firm in Washington, D.C. (Mon, 28 Jul 2008 15:34:38 GMT)

Citadel Investment reports stake in RadioShack
Citadel Investment Group LLC on Monday reported owning a 5.3 percent passive stake in electronics retailer RadioShack Corp. (Mon, 28 Jul 2008 16:15:54 GMT)

CNA Financial 2Q profit falls 17 pct reflecting lower premiums, investment income
CHICAGO (AP) - CNA Financial Corp.'s profit fell nearly 17 percent in the second quarter, reflecting lower premiums and investment losses, the company said Monday. (Mon, 28 Jul 2008 16:45:59 GMT)

CNA Financial 2Q profit falls 17 pct reflecting lower premiums, investment income
CHICAGO (AP) - CNA Financial Corp. said Monday its second-quarter earnings fell nearly 17 percent in the second quarter, reflecting lower premiums and investment losses. (Mon, 28 Jul 2008 17:02:19 GMT)

Gannett makes minority investment in Mogulus
News media company Gannett Co. said Monday it made a minority investment in Mogulus, a New York-based Internet video platform. (Mon, 28 Jul 2008 19:05:20 GMT)

Nomura's Profit May Drop on Investment Banking Slump (Update1)
July 29 (Bloomberg) -- Nomura Holdings Inc. , Japan's biggest brokerage, may report lower profit as falling stock markets and the credit crunch cut income from investment banking and trading. (Tue, 29 Jul 2008 03:18:35 GMT)

Nomura's Profit May Drop on Investment Banking Slump (Update1)
July 29 (Bloomberg) -- Nomura Holdings Inc. , Japan's biggest brokerage, may report lower profit as falling stock markets and the credit crunch cut income from investment banking and trading. (Tue, 29 Jul 2008 03:20:56 GMT)

Foreign investment pledged for Vietnam reaches record US$45.3 billion in first 7 months
Foreign direct investment pledged for Vietnam in the first seven months of the year has hit a record US$45.3 billion, up 373 percent from the same period a year ago and surpassing the record of US$21.3 billion for all of 2007, the government said Tuesday. (Tue, 29 Jul 2008 03:32:00 GMT)

KKR Looks For New Capital In Investment Fund Takeover
Private equity powerhouse Kohlberg Kravis Roberts & Co. said Monday a plan to go public through a takeover of its Amsterdam-listed investment fund gives it access to new markets to make acquisitions and provides European shareholders better value. (Tue, 29 Jul 2008 04:19:30 GMT)

China says to expand insurers' investment options
(Recasts with comments on investment channels, banks) (Tue, 29 Jul 2008 04:27:24 GMT)

Vietnam's foreign investment hits record
Foreign direct investment pledged for Vietnam in the first seven months of the year has hit a record $45.3 billion, up 373 percent from the same period a year ago and surpassing the record of $21.3 billion for all of 2007, the government said Tuesday. (Tue, 29 Jul 2008 05:28:10 GMT)

MY DUMBEST INVESTMENT
I think following Donald Trump's decision to buy shares in a stock (I don't even remember the name of the company) was the dumbest investment I have ever made. (Tue, 29 Jul 2008 07:54:53 GMT)

MALAYSIA, VIETNAM AGREE TO REVIEW INVESTMENT GUARANGEE AGREEMENT
HANOI, July 29 (Bernama) -- Malaysia and Vietnam have agreed to review the Investment Guarantee Agreement (IGA) signed in 1992. (Tue, 29 Jul 2008 08:15:03 GMT)

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