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Couple fear life savings is gone in investment scheme
Larry and Shirley Lee fear they have lost their retirement and savings in an alleged investment scheme under investigation by state, federal and locals agencies including the Butler County Prosecutor's Office. (Thu, 01 Jan 2009 00:36:59 GMT)
Couple fear life savings is gone in investment scheme
Larry and Shirley Lee fear they have lost their retirement and savings in an alleged investment scheme under investigation by state, federal and locals agencies including the Butler County Prosecutor's Office. (Thu, 01 Jan 2009 00:39:58 GMT)
Investment community advised to ‘batten down hatches’ for 2009
INVESTMENT opportunities in 2009 will be few and far between, a senior figure in HSBC Wales’ operation has said. (Thu, 01 Jan 2009 08:45:18 GMT)
Kevin Bacon, Kyra Sedgwick also Madoff investment fraud victims
New York, December 31 : Kevin Bacon and his wife, actress Kyra Sedgwick, have also been dubbed victims of fraudulent investment operation headed by fund manager Bernie Madoff. (Thu, 01 Jan 2009 12:18:39 GMT)
Investment bankers face uncertain landscape
After a year in which the business of arranging the sale of stocks and bonds plummeted, no one expects a quick recovery. (Thu, 01 Jan 2009 14:24:57 GMT)
Investment bank revenues in Mideast slump to $837mn in 2008: Dealogic
DUBAI: Middle East investment banking revenues fell 44% this year as the world’s economic crisis took its toll on the oil-rich region, according to the latest data from Dealogic. (Thu, 01 Jan 2009 22:42:34 GMT)
CIF calls for infrastructure investment
THE Construction Industry Federation (CIF) has called for investment in public infrastructure projects through a build and leaseback form of public private partnership as one way of resurrecting the state’s ailing finances. (Fri, 02 Jan 2009 00:25:12 GMT)
Steel Industry, in Slump, Looks to U.S. Stimulus
The steel industry, a bellwether for the state of the nation?s economy, is looking to the government for a huge investment program: up to $1 trillion over two years. (Fri, 02 Jan 2009 04:47:06 GMT)
A boutique investment fund and advisory firm founded by Deutsche Bank’s former head of principal finance lost nearly ...
A boutique investment fund and advisory firm founded by Deutsche Bank’s former head of principal finance lost nearly £2m (€2.2m) in its first year of business, according to accounts filed with Companies House. (Fri, 02 Jan 2009 05:02:34 GMT)
Shanghai sees growing foreign investment in office buildings
The Shanghai Municipal Commission of Commerce on Friday reported a "jump" of foreign investment in the city's office buildings in 2008 against a backdrop of slump real estate market across China. (Fri, 02 Jan 2009 05:05:45 GMT)
Shanghai sees growing foreign investment in office buildings
The Shanghai Municipal Commission of Commerce on Friday reported a "jump" of foreign investment in the city's office buildings in 2008 against a backdrop of slump real estate market across China. The city approved 58 foreign-invested real estate projects in the first 11 months of 2008, involving a total investment of 3.94 billion U.S. dollars, which was 66 percent more than that a year earlier, ... (Fri, 02 Jan 2009 06:23:31 GMT)
Norton & Associates Inc. Adds $3bnUSD Commercial Real Estate Investment P & L Management Holding Group; US Property ...
Robert H. Norton, MBA, PE, President of Norton & Associates with Divisions in NORTECH Realty, Investment, and Carbon Technology Management with the Carbon Credit Today. (Fri, 02 Jan 2009 07:01:00 GMT)
Investment adviser receives designation
Binghamton Carol Gallagher, a registered representative and investment adviser of Metropolitan Life Insurance Co. and MetLife Securities Inc., was awarded the long-term care insurance industry's only third-party professional designation, the Certified in Long-Term Care credential, from the Corporation for Long-Term Care Certification. (Fri, 02 Jan 2009 07:48:56 GMT)
Norton & Associates Inc. Adds $3bnUSD Commercial Real Estate Investment P & L Management Holding Group; US Property ...
Robert H. Norton, MBA, PE, President of Norton & Associates with Divisions in NORTECH Realty, Investment, and Carbon Technology Management with the Carbon Credit Today. The group's announcement of a new holding corporation, US Property Portfolio, private equity land investments and the acquisition funding for liquidated failed commercial properties. With the current commercial market ... (Fri, 02 Jan 2009 08:16:16 GMT)
Penang welcomes investment from St Jude Medical
St Jude Medical, a medical device company, plans to invest US$30 million (RM108 million) in Penang. Chief Minister Lim Guan Eng said the investment will cover a 300,000 square-foot facility in Penang Island in the first phase of the company’s expansion. (Fri, 02 Jan 2009 11:17:01 GMT)
Nigeria: Fashola Assures Investors of Security of Investment On Lagos Rail Project
Governor Babatunde Raji Fashola (SAN) has assured potential investors in the Lagos Rail Mass Transit (LRMT) projects of the security of their investment. He said the State has a robust legislation on law and order as well as one that secures the culture of civic responsibility. (Fri, 02 Jan 2009 11:26:26 GMT)
What is the investment allowance?
When does the investment allowance apply? What assets qualify? What assets do not qualify? What is the minimum cost? (Fri, 02 Jan 2009 11:28:47 GMT)
Indian investment banking fees drop by a third in 2008
Investment banking fees in India tumbled by more than a third in 2008 following a sharp fall in share sales in the worst year ever for Indian stocks, and bankers expect IPOs to return only by the second half of this year. (Fri, 02 Jan 2009 13:02:33 GMT)
Package II: Govt raises FII investment limit
The government on Friday increased the foreign institutional investment limit to $15 billion from $6 billion in domestic corporate bonds, a move that will provide a boost to foreign inflows into the country. (Fri, 02 Jan 2009 13:42:01 GMT)
Govt doubles FII investment limit in second stimulus
The government today increased the FII investment limit to $15 billion from $6 billion in domestic corporate bonds, a move that will provide a boost to foreign inflows into the country. (Fri, 02 Jan 2009 15:25:56 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $1.13 or 1.3 percent, to $83.26. Morgan Stanley fell $.04 or .2 percent, to $16.00. (Fri, 02 Jan 2009 15:45:56 GMT)
Noles appointed by Gov. Jindal to Workforce Investment Council
Richard Noles of Heflin has been appointed by Governor Bobby Jindal to the Louisiana Workforce Investment Council (WIC). (Fri, 02 Jan 2009 15:47:27 GMT)
Experts' investment choices for 2009
This year investors will be trying to recoup some of their losses from the horrible investment year that was 2008. Business Editor Dene Mackenzie and Business Reporter Simon Hartley asked Dunedin sharebrokers for their best picks for the year ahead. (Fri, 02 Jan 2009 16:22:18 GMT)
Atlanta's Buckhead Investment Partners raising $30M fund
ATLANTA - Buckhead Investment Partners Inc. is raising a $30 million venture fund, according to the Atlanta Business Chronicle. The firm will invest in early-stage companies focused on technology, specialty finance, clean tech, media, franchising and health care. (Fri, 02 Jan 2009 16:54:11 GMT)
Treasury Releases Guidelines for Targeted Investment Program
Treasury today released the program description for the Targeted Investment Program under which the Citigroup investment that was announced on Nov. 23 was made. (Fri, 02 Jan 2009 19:12:38 GMT)
Banks borrow more, investment firms less from Fed
By JEANNINE AVERSA Commercial banks borrowed slightly more, while investment firms drew less over the past week from the Federal Reserve's emergency lending program. The Fed report, released Friday, showed commercial banks averaged $86.6 billion in daily borrowing over the week ending Wednesday. That was up from $86.3 billion in average daily borrowing logged over the week that ended Dec. 24. ... (Fri, 02 Jan 2009 22:28:20 GMT)
Banks borrow more, investment firms less from Fed
Commercial banks borrowed slightly more, while investment firms drew less over the past week from the Federal Reserve's emergency lending program. The Fed report, released Friday, showed commercial banks averaged $86.6 billion in daily borrowing over the week... (Fri, 02 Jan 2009 22:37:32 GMT)
Banks borrow more, investment firms less from Fed
WASHINGTON -- Commercial banks borrowed slightly more, while investment firms drew less over the past week from the Federal Reserve's emergency lending program. (Fri, 02 Jan 2009 23:01:39 GMT)
Investment group to buy failed IndyMac for $13.9B
PASADENA - A private investment group headed by a former Goldman Sachs Group vice president will purchase failed Pasadena-based IndyMac Bank for about $13.9 billion, the Federal Deposit Insurance Corp. announced today. (Sat, 03 Jan 2009 00:30:01 GMT)
U.S. private investment group to purchase IndyMac Bank
The Federal Deposit Insurance Corp. (FDIC) announced Friday that its Board of Directors has approved the sale of failed IndyMac Bank to a private investment group. The group, known as IMB Management Holdings, will purchase IndyMack Bank for 13.9 billion U.S. dollars, according to FDIC. Steven Mnuchin, a former vice president of Goldman Sachs Group Inc., will serve as the consortium's chairman ... (Sat, 03 Jan 2009 04:27:00 GMT)
Loose Change: Using IRAs for real estate investment
We are looking into self-directing our IRAs into real estate investment. Could you recommend resources available to us for our education? (Sat, 03 Jan 2009 06:14:22 GMT)
New fund promotes Florida's investment opportunities
If entrepreneurs have anything in common, it's the need they have for serious investment capital, the kind that takes their startups beyond what they can accomplish with savings, personal loans and the like. (Sat, 03 Jan 2009 07:13:49 GMT)
Carmakers line up more investment, output cuts (Business Times
MILAN/WASHINGTON: Global carmakers axed more output and investment yesterday as the industry faces an uncertain future as tight credit conditions and deepening consumer uncertainty cripple sales. (Sat, 03 Jan 2009 08:02:00 GMT)
Couple fear life savings is gone in investment scheme
HANOVER TWP. — Larry and Shirley Lee fear they have lost their retirement and savings in an alleged investment scheme under investigation by state, federal and locals agencies including the Butler County Prosecutor's Office. (Sat, 03 Jan 2009 08:18:12 GMT)
India to double investment in science: PM
By Syed Zarir Hussain, Shillong, Jan 3 : While announcing a doubling of the investment in science from one to two percent of the national income, Prime Minister Manmohan Singh Saturday urged the Indian industry to invest in research and development aimed at boosting science and technology so that young minds are attracted to seeking a career in science. (Sat, 03 Jan 2009 08:49:12 GMT)
Market downturn makes seniors more vulnerable to investment scams: watchdogs
VANCOUVER, B.C. - For a lot of Canadians the turmoil in investment markets has made opening their retirement fund statements an exercise in dread. (Sat, 03 Jan 2009 17:29:17 GMT)
Northwest Florida Sports Guy Pleads Guilty To Investment Fraud
Northwest Florida sports talk radio host Scott McKinney has pleaded guilty to charges involved in an investment. But other charges may be coming against him in other states. (Sat, 03 Jan 2009 17:32:57 GMT)
Minister: Yemen will propose investment projects during Arab eco summit
Minister: Yemen will propose investment projects during Arab eco summit (Sat, 03 Jan 2009 21:06:18 GMT)
Rating services are not always a reliable investment source
Dear Mr. Berko: Our investment club has three questions. First, how is it that Standard & Poor’s can give Fannie Mae an A rating and four weeks later it declares bankruptcy? Second, what is the next big concern in the stock market? Could it be a possible rise in the cost of oil, a huge federal deficit, or higher taxes? What do you anticipate? Third, all of us are older than 74, and all of us ... (Sun, 04 Jan 2009 06:01:05 GMT)
ON THE MOVE: ESL Investment Services promotes Gates man
A Gates man has been promoted at ESL Investment Services. (Sun, 04 Jan 2009 08:23:53 GMT)
How to find return on investment
(By Heather Landy, Special to The Washington Post) Risk is out of the question. But the safest investments deliver almost nothing – especially now when interest rates are at record lows. So how do you squeeze out a decent return and still sleep soundly? One way is to replace low-yielding money-market accounts with certificates of deposit. You'll earn more interest, and if you choose a bank CD ... (Sun, 04 Jan 2009 11:33:03 GMT)
(AFX UK Focus) 2009-01-04 11:39 TABLE-Israel foreign direct investment $356 mln in Nov
Jan 4 (Reuters) - Foreigners injected $356 million of direct investment into Israel through local banks in November, after pumping in $444 million in October, the Bank of Israel said on Sunday. (Sun, 04 Jan 2009 11:43:59 GMT)
Investment group to buy IndyMac
A seven-member investor group including billionaire George Soros and Dell Inc founder Michael Dell have agreed to buy failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $US13.9 billion. (Sun, 04 Jan 2009 12:39:01 GMT)
Shenzhen Investment Raises Stake in Shenyang Commercial Project
Jan. 4 (Bloomberg) -- Shenzhen Investment Ltd. , a Chinese government-backed investment company, paid 168 million yuan ($25 million) for control of a real-estate project in Shenyang. (Sun, 04 Jan 2009 12:52:46 GMT)
Samsung mulls slashing 2009 chip investment: report
Samsung Electronics, the world's largest maker of memory chips, is considering cutting its 2009 investment in semiconductors by more than half from last year, the Korea Times reported on Monday, citing company sources. (Mon, 05 Jan 2009 00:20:20 GMT)
Investment bank pushes executives to take action
When you’re a small investment bank, cutting a lot of staff is not something you can do. (Mon, 05 Jan 2009 05:20:33 GMT)
Before federal investment, Fidelity Bank weighed non-performing loans, economy
Fidelity Bank chairman Clark Bastian says the bank’s growing number of non-performing loans played a role in its decision to accept an investment under the federal government’s financial rescue plan in late December. (Mon, 05 Jan 2009 05:21:14 GMT)
Investment gives battery-maker some juice
Kokam America Inc. landed an investment worth tens of millions of dollars in December as it quietly proceeded to power up its Lee’s Summit facility to make its cutting-edge battery packs. (Mon, 05 Jan 2009 05:51:29 GMT)
CRE investment will be down across the board
While the second half of 2008 has not been bad, the investment sales arena has been down about 70 percent on average, according to Steve Dils, executive vice president and managing director of Grubb & Ellis Co.’s Atlanta office. (Mon, 05 Jan 2009 06:14:23 GMT)
Taiwan Aims to Boost Foreign Investment 10% in 2009 (Update1)
Jan. 5 (Bloomberg) -- Taiwan aims to increase foreign direct investment by 10 percent to $8.5 billion this year to spur the economy amid a global recession. (Mon, 05 Jan 2009 06:53:58 GMT)
Thai electronics maker delays $50 mn India investment
Delta Electronics (Thailand) will suspend its $50 million investment in a new factory in Chennai, India, and downsize operations in Thailand, news reports said Monday. (Mon, 05 Jan 2009 07:30:20 GMT)
Gold Declines as Strengthening Dollar Erodes Investment Demand
Jan. 5 (Bloomberg) -- Gold dropped for a third day as the dollar extended gains, reducing the appeal of the precious metal as an alternative investment. (Mon, 05 Jan 2009 07:45:08 GMT)
Gold Declines as Strengthening Dollar Erodes Investment Demand
Jan. 5 (Bloomberg) -- Gold dropped for a third day as the dollar extended gains, reducing the appeal of the precious metal as an alternative investment. (Mon, 05 Jan 2009 07:51:25 GMT)
Dubai Investment Properties launches luxury 'Sunset' mixed development project
Dubai Investment Properties (DIP), one of the leading real estate developers in UAE, today announced the launch of its exclusive multi-million 'Sunset' mixed-use development project in Dubai. (Mon, 05 Jan 2009 08:28:47 GMT)
S. Korea announces massive investment plan into overseas energy development
SEOUL, Jan. 5 (PNA/Xinhua) -- South Korean government said Monday that South Korean companies are planning to increase overseas investment on energy development projects this year by over 20 percent. (Mon, 05 Jan 2009 08:31:00 GMT)
Foreign investment in Myanmar soars
Foreign investment in Myanmar — much of it from China — nearly doubled in the first nine months of 2008 compared to the same period last year, according to government statistics seen Monday. (Mon, 05 Jan 2009 09:10:39 GMT)
Foreign investment in Myanmar soars
Foreign investment in Myanmar _ much of it from China _ nearly doubled in the first nine months of 2008 compared to the same period last year, according to government statistics seen Monday. Mining accounted for more than 88 percent of the total foreign... (Mon, 05 Jan 2009 09:35:36 GMT)
Samsung says no decision yet on chip investment plan
Samsung Electronics, the world's largest maker of memory chips, denied a report saying it may cut its 2009 investment in semiconductors by more than half from last year amid a lingering downturn. (Mon, 05 Jan 2009 10:00:34 GMT)
Samsung says no decision yet on chip investment plan
SEOUL (Reuters) - Samsung Electronics, the world's largest maker of memory chips, denied a report saying it may cut its 2009 investment in semiconductors by more than half from last year amid a lingering downturn. (Mon, 05 Jan 2009 10:58:19 GMT)
House panel to SEC watchdog: How did Madoff investment fraud fly below commission's radar?
WASHINGTON - The Securities and Exchange Commission heard rumblings about Wall Street money manager Bernard Madoff's investment methods nearly a decade ago. Now a House panel wants to know how, despite those warnings, Madoff continued to operate without an agency investigation. (Mon, 05 Jan 2009 12:47:00 GMT)
New law for investment, production takes effect in Iran
The Law for Removing Specific Hurdles to Production and Industrial Investment is now in effect following its December 2008 publication in the Official Gazette. -Press TV (Mon, 05 Jan 2009 16:21:21 GMT)
Liquidity crunch may hit cos' investment plans: CMIE
The sudden and sharp fall in global financial markets, liquidity crunch faced by the country’s banking system and unsuccessful attempts by few Indian companies to raise funds from primary markets, heightened anxieties regarding fate of corporate investment plans, the Centre for Monitoring Indian Economy (CMIE) has said. (Mon, 05 Jan 2009 17:59:43 GMT)
Atlanta man accused of $3M investment fraud arraigned
An Atlanta investment adviser was arraigned Monday in federal court on charges that he defrauded clients out of $3 million, including allegations that he nearly wiped out the life savings of an elderly Alzheimer's patient. Frederick J. Barton, 48, faces charges of wire fraud, mail fraud and securities fraud. He was indicted by a federal grand jury Dec. 2. According to the indictment, Barton ... (Mon, 05 Jan 2009 22:00:22 GMT)
Maternity leave a good investment
BERKELEY, Calif., Jan. 5 (UPI) -- Researchers at the University of California, Berkeley, suggest that taking maternity leave before and after the birth of a baby is a good investment. (Mon, 05 Jan 2009 23:01:22 GMT)
S Korea Fund Investment Risks To Be Made Clearer
SEOUL -(Dow Jones)- South Korea's financial market watchdog said Tuesday it is tightening regulations on the sale of funds so that the potential investment risks are made clearer. (Tue, 06 Jan 2009 03:22:51 GMT)
China to Introduce Real Estate Investment Trusts, Qi Says
Jan. 6 (Bloomberg) -- China’s central bank and bank regulator are formulating a plan to allow developers to raise funds through real estate investment trusts, or REITs, said the country’s vice housing minister. (Tue, 06 Jan 2009 03:23:03 GMT)
China to Introduce Real-Estate Investment Trusts (Update1)
Jan. 6 (Bloomberg) -- China’s central bank and banking regulator are formulating a plan to allow developers to raise funds through real-estate investment trusts, or REITs, hoping to restart construction projects hamstrung by financing issues. (Tue, 06 Jan 2009 05:37:18 GMT)
Investment firm seals charity commitment
An Oklahoma City-based investment firm announced plans Monday to increase giving to a local charity suffering from donation shortfalls. Capital West Securities donated $25,000 to Easter Seals of Oklahoma in December and promised to match additional donations through Dec. 31 up to $25,000. Easter Seals of Oklahoma raised $17,000 following the challenge, but Capital West will donate the entire ... (Tue, 06 Jan 2009 06:00:40 GMT)
Thai electronics maker delays India investment
BANGKOK -- Delta Electronics (Thailand) will suspend its US$50 million investment in a new factory in Chennai, India, and downsize operations in Thailand, news reports said Monday. “After finishing ... (Tue, 06 Jan 2009 07:16:30 GMT)
Slash investment expenses
Dismal market performance in 2008 has many investors thinking about a new investment strategy for the coming year — a key element of which should be to slash investment fees. (Tue, 06 Jan 2009 08:11:18 GMT)
Senior official: China mulls introduction of real estate investment trusts
China is considering introducing real estate investment trusts (REITs) to help increase financing channels for real estate developers, Qi Ji, vice minister of the Ministry of Housing and Urban-Rural Development told a press conference Tuesday. The move would help the country's real estate developers raise money by means other than commercial bank loans, which are now the primary source of funds, ... (Tue, 06 Jan 2009 14:23:02 GMT)
Learning Links Centers, a Socially Responsible Real Estate Investment Company, Purchases Its Second Dallas-Based ...
Learning Links Centers, LLC ® (LLC), a socially responsible Southern California-based real estate investment company purchased its second building in Dallas, Texas. Real Estate entrepreneurs and LLC co-founders Joe Killinger and George Pino announced today their acquisition of the “The Madeline,” a 14-acre, 292-unit apartment complex located at 9855 Shadow Way, Dallas, Texas 75243, further ... (Tue, 06 Jan 2009 14:45:08 GMT)
Mariner Wealth Advisors buys Quantitative Investment Solutions
Mariner Wealth Advisors LLC of Leawood has completed its purchase of Quantitative Investment Solutions LLC for an undisclosed amount. (Tue, 06 Jan 2009 14:59:20 GMT)
Leerink Swann Healthcare Investment Outlook Report for 2009 Now Available
Leerink Swann, the leading healthcare-focused investment banking firm, today announced the availability of the firm’s 2009 healthcare investment outlook report. (Tue, 06 Jan 2009 15:41:37 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $2.50 or 2.8 percent, to $91.28. Morgan Stanley rose $1.10 or 6.2 percent, to $18.72. (Tue, 06 Jan 2009 15:46:28 GMT)
Tips for choosing a go zone investment property
Investors today are concerned with minimizing the disadvantages linked to owning real estate investments. The pitfalls are never completely eliminated but the rewards for a savvy real estate investment such as go zone investment real estate these days can significantly outweigh the risks involved. (Tue, 06 Jan 2009 16:32:59 GMT)
BlackRock Investment Strategist Sees Mixed Fortunes In 2009
BlackRock Investment Strategist Sees Mixed Fortunes In 2009 (Tue, 06 Jan 2009 20:38:18 GMT)
Final Glance: Investment Banks companies
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs fell $.07 or .1 percent, to $88.71. (Tue, 06 Jan 2009 22:51:14 GMT)
Yale Investment Chief Sticking to the 'Tried-and-Tested'
Despite losing 25% of its value amid the economic turmoil, Yale Investment Chief David Swensen says he has no plans to change his investing strategy. (Tue, 06 Jan 2009 23:08:18 GMT)
Ex-Investment Properties COO pleads guilty
RICHMOND, Va., Jan. 6 (UPI) -- Former Investment Properties of America executive Lara Coleman admitted in federal court in Virginia Tuesday to her role in a $132 million fraud scheme. (Wed, 07 Jan 2009 01:15:22 GMT)
Ricoh Shares Gain After Credit Suisse Raises Investment Rating
Jan. 7 (Bloomberg) -- Ricoh Co. , Japan’s second-biggest maker of office equipment, climbed to the highest in three months in Tokyo trading after Credit Suisse Group raised its investment rating, citing higher-than-expected earnings from the U.S. (Wed, 07 Jan 2009 01:55:51 GMT)
Mechanics Bank touts strength as it accepts Treasury investment
Mechanics Bank said late Tuesday that it will take $60 million through the Treasury’s direct-investment program in which the government takes stakes in the nation’s healthy banks. (Wed, 07 Jan 2009 02:57:58 GMT)
2 Montanans indicted in investment scam
Two Montana men have been indicted on fraud charges for an investment scam that federal prosecutors say bilked more than 700 people with promises of never-lose trading techniques on the foreign exchange market. (Wed, 07 Jan 2009 07:18:58 GMT)
Gold Declines as Strengthening Dollar Reduces Investment Demand
Jan. 7 (Bloomberg) -- Gold dropped as the dollar strengthened to a three-week high against the euro, reducing the appeal of the precious metal as an alternative investment. (Wed, 07 Jan 2009 07:36:35 GMT)
India OKs Mahindra foreign investment - finmin
NEW DELHI, Jan 7 (Reuters) - India has approved 34 foreign direct investment proposals worth 16.15 billion rupees ($332.3 million), including that of vehicle maker Mahindra and Mahindra Ltd , the finance ministry said on Wednesday. (Wed, 07 Jan 2009 07:43:54 GMT)
Planned foreign investment in SKorea rises in 2008
Planned foreign direct investment in South Korea rose in 2008 for the first time in four years, the government said Wednesday, helping realize a campaign pledge by President Lee Myung-bak. (Wed, 07 Jan 2009 07:48:25 GMT)
BoI sees sharp falls in 2008 investment
Board of Investment witnessed a 29.69 per cent drop in the value of investment applications submitted to the agency throughout last year. The combined value of investment applications was Bt446.3 billion, down 26.69 per cent on year. Meanwhile, in terms of projects, the number reached 1,262 or down 1.64 per cent. BoI Secretary General Atchaka Brimble said this year's target is maintained ... (Wed, 07 Jan 2009 11:47:58 GMT)
Gold Declines as Strengthening Dollar Reduces Investment Demand
Jan. 7 (Bloomberg) -- Gold dropped as the dollar strengthened to a three-week high against the euro, reducing the appeal of the precious metal as an alternative investment. (Wed, 07 Jan 2009 13:33:04 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $1.06 or 1.2 percent, to $87.65. Morgan Stanley fell $.39 or 2.0 percent, to $19.19. (Wed, 07 Jan 2009 15:45:55 GMT)
Orlando-based CNL Financial to launch real estate investment trust
Orlando-based investment giant CNL Financial Group Inc. is planning to launch a new real estate investment trust investing in commercial property globally, in partnership with another company. (Wed, 07 Jan 2009 16:37:02 GMT)
Bank Sues Investment Firm Over Losses
Kentucky’s largest state-chartered bank has sued Merrill Lynch for $40 million over failed securities bought through the investment firm. (Wed, 07 Jan 2009 16:43:08 GMT)
Investment Group Makes Run For Yahoo, Using Microsoft’s Money
Interest in troubled Internet giant Yahoo has not waned, it just took a break for the holidays. A group of well known Silicon Valley executives and top investment bankers are putting together a Yahoo takeover deal that would be financed largely from debt supplied by Microsoft, we've learned from sources with knowledge of the proposed transaction. Under the terms of the proposed deal, the ... (Wed, 07 Jan 2009 17:41:34 GMT)
Intel feels pain from dropping revenue, WiMAX investment
The chip giant finally feels the full brunt of the recession, as revenue drops by 20 percent and its investment holdings plummet by over $1 billion. Its investment in WiMAX is also hurting Intel's bottom line. Read More... (Wed, 07 Jan 2009 17:44:54 GMT)
US Investment in IT Would Create Jobs, Group Says
A US$30 billion investment by the U.S. government in broadband, health IT and smart energy grids would create or retain nearly a million jobs, according to a new report from a Washington, D.C., think tank. (Wed, 07 Jan 2009 22:20:19 GMT)
US Investment in IT Would Create Jobs, Group Says
A think tank says a $30 billion investment in broadband, health IT and smart electric grids would create nearly 1 million... (Wed, 07 Jan 2009 23:12:43 GMT)
NO CHILD LEFT BEHIND: Huge Md. investment in schools has helped, report says
ANNAPOLIS — More than $3 billion in state and local investment in Maryland schools over the last six years has brought significant progress in reducing student achievement gaps, according to a study of the state’s Bridge to Excellence program released Wednesday. (Thu, 08 Jan 2009 03:40:52 GMT)
Imagenation Abu Dhabi's investment plans on track
08 January 2009 Imagenation Abu Dhabi, an entertainment and filmmaking subsidiary of Abu Dhabi Media Company (ADMC), will continue with its investment plans without any change despite the global financial crisis. (Thu, 08 Jan 2009 06:51:40 GMT)
US investment guru sees future in China, despite hard times
When asked for his advice on how to survive the financial crisis, global investment guru Jim Rogers often tells his interlocutors: "Teach your children Mandarin." (Thu, 08 Jan 2009 07:08:30 GMT)
Kuwait Faces Job Losses From Investment Firms, Al-Watan Says
Jan. 8 (Bloomberg) -- Thousands of people employed in Kuwait’s private financial sector face the possibility of being laid off as investment companies’ losses rise, Al-Watan reported, without saying where it got the information. (Thu, 08 Jan 2009 07:52:53 GMT)
Global Investment House of Kuwait Says It Defaulted on Debt
Jan. 8 (Bloomberg) -- Global Investment Houses KSCC, Kuwait’s biggest investment bank, said it defaulted on a majority of its loan repayments. HSBC Holdings Plc, CBK Capital and Global continue to be in “close and constructive dialogue” with its lenders, the company said in an RNS statement today. (Thu, 08 Jan 2009 08:07:24 GMT)
State Investment Council needs a closer look
The pending loss of New Mexico's $19 million investment in Eclipse Aviation raises important questions about how wisely the State Investment Council (SIC) is handling our money. This is not the first private equity investment by the SIC to go sour. (Thu, 08 Jan 2009 08:16:44 GMT)
China to regulate its overseas investment
On January 7, China's Ministry of Commerce published on its website the draft of the Management Measures for Overseas Investment by Chinese Companies, in order to solicit opinions from the public. The new rules require that any legally binding documents on a particular project cannot be signed by the investing Chinese enterprises and their foreign partners before the project is approved by ... (Thu, 08 Jan 2009 08:23:12 GMT)
Global Investment House Defaults on Majority of Debt (Update1)
Jan. 8 (Bloomberg) -- Global Investment Houses KSCC defaulted on a majority of its loan repayments as the seizure of global credit markets hampers refinancing of Kuwait’s biggest investment bank’s short-term debt. (Thu, 08 Jan 2009 08:52:39 GMT)
Kuwait's largest investment bank defaults on debt
The announcement by Global Investment House today marks another blow for the firm, which had been meeting with creditors about restructuring almost $3 billion in loans. (Thu, 08 Jan 2009 11:23:35 GMT)
Global Investment House Defaults on Majority of Debt (Update3)
Jan. 8 (Bloomberg) -- Global Investment Houses KSCC defaulted on most of its loan repayments as the seizure of global credit markets hampers refinancing of Kuwait’s biggest investment bank’s short-term debt. (Thu, 08 Jan 2009 14:52:35 GMT)
Investment in energy and science will combat recession, says Tony Blair
Tony Blair today urged world leaders to look at the economic crisis as an opportunity to create a better future for all as he called for greater investment in energy, science, technology and education. The former prime minister, who is co-chairing a two-day conference in Paris on the future of global finances, said that the current financial situation was the biggest, most complex and most ... (Thu, 08 Jan 2009 16:23:17 GMT)
Singapore's Outperforming Merrill Investment
The FT says today that the government of Singapore's $23-a-share investment in Merrill Lynch was worth just $12.10 per share at the end of 2008, a drop of 47%. A paper loss of more than $2 billion is tough for any investor to swallow, but for a stake in an investment bank bought at the end of 2007, this is actually an impressive outperformance. ... (Thu, 08 Jan 2009 17:01:48 GMT)
Philly-Area Investment Manager Charged In $50M Ponzi Scheme
A suburban investment manager has been charged by federal authorities with running an investment scheme that swindled an estimated $50 million from as many as 80 investors. (Thu, 08 Jan 2009 17:14:39 GMT)
Kuwaiti investment bank in default
Global Investment House was the first of several expected casualties among Kuwaiti financial companies because of the global credit crunch. (Thu, 08 Jan 2009 18:40:39 GMT)
Publicly Held Investment Firms See Stock Boost in 2009
For publicly held buyout firms and hedge funds, the new year seems to have brought a positive fresh start to their stock prices. As of Thursday morning, shares in Fortress Investment Group , the Blackstone Group and GLG Partners are up by double-digit percentages. (Thu, 08 Jan 2009 18:48:04 GMT)
Banks borrow more, investment firms less from Fed
WASHINGTON -- Commercial banks borrowed more, while investment firms drew less over the past week from the Federal Reserve's emergency lending program. (Thu, 08 Jan 2009 23:47:43 GMT)
Barclays Hires 10 Staff for Japan Investment Banking (Update1)
Jan. 9 (Bloomberg) -- Barclays Plc , the U.K.’s third biggest bank, said it hired 10 staff, including former bankers at Nomura Holdings Inc. and Lehman Brothers Holdings Inc., to expand its investment banking business in Japan. (Fri, 09 Jan 2009 01:06:57 GMT)
Barclays Hires 10 People for Japan Investment Banking (Update2)
Jan. 9 (Bloomberg) -- Barclays Plc hired 10 people in Japan, including former bankers at Nomura Holdings Inc. and Lehman Brothers Holdings Inc., boosting its local business even as other foreign investment banks cut back. (Fri, 09 Jan 2009 04:33:12 GMT)
In the Heights Recoups Its Initial Investment
The producers of ?In the Heights? said they had recouped the initial $10 million investment since the show opened on Broadway. (Fri, 09 Jan 2009 06:06:55 GMT)
Reports: Panasonic to cut TV factory investment
Panasonic Corp. will slash its planned investment in factories that make flat-screen TVs as demand for high-end electronics falls globally, news reports said Friday. (Fri, 09 Jan 2009 06:33:06 GMT)
Managing investment fees is key
DES MOINES, Iowa — Dismal market performance in 2008 has many investors thinking about a new investment strategy for the coming year — a key element of which should be to slash investment fees. (Fri, 09 Jan 2009 06:38:25 GMT)
Panasonic to cut flat TV investment by 23 pct
TOKYO, Jan 9 (Reuters) - Japan's Panasonic Corp <6752.T> said on Friday it will cut investment in its flat TV plants by 23 percent to 445 billion yen ($4.9 billion) amid price falls and shrivelling demand. (Fri, 09 Jan 2009 07:53:00 GMT)
Panasonic to Cut Plasma, LCD Plant Investment by 23% (Update1)
Jan. 9 (Bloomberg) -- Panasonic Corp. , the world’s largest consumer-electronics maker, cut its planned investment in two flat-panel factories by 23 percent as the global economic slump eroded demand. (Fri, 09 Jan 2009 08:51:59 GMT)
Icahn Says Bankruptcy Laws Hobble Private Investment
Activist investor Carl C. Icahn called for changes in federal bankruptcy laws, which he argues are thwarting private investment in the banking system. (Fri, 09 Jan 2009 12:18:00 GMT)
Panasonic cuts investment in flat-screens
Japanese electronics maker will cut investment in two flat panel TV plants by $1.5 billion as it tries to boost sales by half. (Fri, 09 Jan 2009 13:03:48 GMT)
Panasonic cuts flat TV investment by 23%
Japanese electronics maker Panasonic Corp. will cut its investment in two new flat-screen TV plants by about $1.5 billion and exit unprofitable businesses as the global economic slump slices into its profits. (Fri, 09 Jan 2009 15:22:01 GMT)
Investment Technology Group trading volume rises
Investment Technology Group Inc., a provider of a technology-based trading platform, said Friday that December average daily trading volume increased 8 percent. (Fri, 09 Jan 2009 15:47:02 GMT)
Scotia’s Malyon Leaves for Canada Pension Plan Investment
Jan. 9 (Bloomberg) -- Stephen Malyon , former co-head of currency strategy at Scotia Capital Inc., will join the Canada Pension Plan Investment Board as a senior economist. (Fri, 09 Jan 2009 17:03:30 GMT)
Investment Banks Seek Supertankers for Contango Trade (Update1)
Jan. 9 (Bloomberg) -- Investment banks want to hire supertankers to store crude oil at sea, seeking to profit as futures contracts get more expensive later in the year, according to Frontline Ltd., the largest owner of the ships. (Fri, 09 Jan 2009 17:22:27 GMT)
Panasonic to cut TV factory investment
Panasonic Corp. will slash about $1.5 billion from its planned investment in two new flat-screen TV plants and shut down unprofitable businesses as demand for high-end electronics falls globally, the company's president said Friday. (Fri, 09 Jan 2009 17:27:47 GMT)
Emerging Markets Report: Shares of Kuwaiti investment bank plunge after debt default
Shares of Kuwait’s Global Investment House plunge more than 80% in London trading after the investment bank says it has defaulted on the majority of its debt. (Fri, 09 Jan 2009 17:37:06 GMT)
Valley Community Bank gets $5.5 million in Treasury investment
Valley Community Bank in Pleasanton said Friday that it received $5.5 million from the Treasury’s direct-investment program. (BMRC) (Sat, 10 Jan 2009 04:50:30 GMT)
Fitch downgrades Global Investment House's IDR to 'D'; removes rating watch negative
Fitch Ratings has downgraded Kuwait-based Global Investment House's (Global) Long-term Issuer Default Rating (IDR) to 'D' from 'C', Short-term IDR to 'D' from 'C', and Individual rating to 'F' from 'E'. (Sat, 10 Jan 2009 07:28:47 GMT)
Community Investment Grant applications available
COLUMBUS - The Central Region of the Ohio Division American Cancer Society is accepting Community Investment Grant (CIG) applications until Friday, Jan. 23. (Sat, 10 Jan 2009 08:21:11 GMT)
Largest investment bank in Kuwait defaults on debt
Global Investment House, Kuwait's largest investment bank says it is in default on the majority of its debt. (Sat, 10 Jan 2009 12:10:26 GMT)
QNB Al Islami special sponsor of Sudan Real Estate and Agriculture Investment Horizons Exhibition
QNB Al Islami, the Islamic branch of Qatar National Bank (QNB), announced its sponsorship of the upcoming Sudan Real Estate and Agriculture Investment Horizons Exhibition which will be inaugurated by the Vice President of Sudan, Dr. Mustafa Othman Ismail, from 11 to 13 January 2009 at the Sheraton Doha Hotel. (Sat, 10 Jan 2009 12:58:47 GMT)
Madoff Losses at Municipal Pensions Spur Investment Warning
Jan. 10 (Bloomberg) -- Municipal-pension managers shouldn’t give money to advisers who invest it in funds run by others, a practice that sparked $14 million of losses tied to Bernard Madoff, labor union investment official Richard Ferlauto said. (Sat, 10 Jan 2009 14:19:14 GMT)
Gov't intervention needed to support Kuwaiti investment companies - rep
KUWAIT, Jan 10 (KUNA) -- The Kuwaiti government should make an intervention to support investment companies and salvage them from impacts of the global economic crisis, an economic report said Saturday. (Sat, 10 Jan 2009 15:51:11 GMT)
Madoff Losses at Municipal Pensions Spur Investment Warning
Jan. 10 (Bloomberg) -- Municipal-pension managers shouldn’t give money to advisers who invest it in funds run by others, a practice that sparked $14 million of losses tied to Bernard Madoff, labor union investment official Richard Ferlauto said. (Sat, 10 Jan 2009 18:50:06 GMT)
Investment in stocks: ban on DFIs, finance companies under consideration, says Tarin
KARACHI (January 11 2009): The Advisor to Prime Minister on Finance, Shaukat Tarin, said here on Saturday that the government was considering to impose ban on investment by DFIs and investment companies in the stock market. (Sat, 10 Jan 2009 23:11:00 GMT)
Letters: Rewarding Investment in Small Companies
To the Editor:. (Sat, 10 Jan 2009 23:44:53 GMT)
‘How FTZ Can Attract $100bn Investment’
Managing Director of the Nigeria Export Processing Zone Authority, (NEPZA), Mr. Sina Agboluaje, has said that Nigeria’s 24 Free Trade Zones (FTZs), have the potentials of generating more than $100 billion investment if properly harnessed. (Sun, 11 Jan 2009 03:04:30 GMT)
Ask Yourself 5 Questions Before You Buy Investment Property
What type of investment property are you interested in? Are you interested in a single-family unit, a duplex or maybe a multi-family complex? Are you interested in hotels or motels? What about undeveloped land? (Sun, 11 Jan 2009 05:02:47 GMT)
Unique Beachfront Property for Sale in Pedasí; Panama Real Estate Investment Opportunity
Dekel Panama S.A is pleased to announce the availability of a unique beachfront real estate investment opportunity in Pedasí, Panama, the country's most vibrant upcoming region. The property is 40 hectares of land just minutes from the charming town of Pedasí. The parcel includes some 500 meters (1650 feet) of waterfront overlooking the sandy beach of Playa Toro. (Sun, 11 Jan 2009 07:01:00 GMT)
Unique Beachfront Property for Sale in Pedasí; Panama Real Estate Investment Opportunity
Dekel Panama S.A is pleased to announce the availability of a unique beachfront real estate investment opportunity in Pedasí, Panama, the country's most vibrant upcoming region. The property is 40 hectares of land just minutes from the charming town of Pedasí. The parcel includes some 500 meters (1650 feet) of waterfront overlooking the sandy beach of Playa Toro. The gently sloping terrain ... (Sun, 11 Jan 2009 08:15:10 GMT)
Arab Investment Forum to discuss Wealth Management in the era of crises
Etisal Event Management, organizer of the Arab Investment Forum, has announced that the preparations are in full swing for the event, which will be held in Dubai from March 24 to 25. (Sun, 11 Jan 2009 11:28:47 GMT)
Increased spending to create opportunities for investment in Dubai
Increased spending to create opportunities for investment in Dubai (Sun, 11 Jan 2009 14:52:14 GMT)
Warren Buffett's Priceless Investment Advice
If it's good enough for Buffett, it's good enough for me. (Sun, 11 Jan 2009 15:23:43 GMT)
Canadian investment industry set for unveiling of national securities regulator
VANCOUVER, B.C. - Canada's investment industry will finally get to see what a new national securities regulator might look like Monday when a long-awaited report is released at the behest of Ottawa and despite skepticism from some provinces. (Sun, 11 Jan 2009 16:48:00 GMT)
Canadian investment industry set for unveiling of national securities regulator
VANCOUVER, B.C. - Canada's investment industry will finally get to see what a new national securities regulator might look like Monday when a (Sun, 11 Jan 2009 16:58:25 GMT)
Aussie investment bank suspends share trading
Australian investment bank Babcock and Brown has asked for trading in its shares to be suspended, as it continues to await word from its bankers on a business plan to escape insolvency. (Mon, 12 Jan 2009 01:56:03 GMT)
Nepal welcomes Chinese investment
Nepal desperately needs investment from countries like its neighbor China, especially at a time when the world is undergoing an economic recession, said Nepali Finance Minister Baburam Bhattarai. Addressing a high level roundtable financial meeting focused on attracting Chinese investments in Kathmandu on Sunday, Bhattarai assured an economic revolution in the country within a few years. The ... (Mon, 12 Jan 2009 02:41:46 GMT)
Firms queue for investment incentives
The government had begun approving applications for incentives under the enterprise investment programme, Tumelo Chipfubha, the deputy director-general of the enterprise organisation within the department of trade and industry (dti), said on Friday. (Mon, 12 Jan 2009 04:26:58 GMT)
Hoa Lac hi-tech park attracts 700 million USD investment
HANOI, Jan. 12 (PNA/VNA) -– The Hoa Lac Hi-Tech Park has so far granted investment licences to 32 projects with a total registered capital of about 700 million USD. (Mon, 12 Jan 2009 05:17:36 GMT)
Rayonier And St. Joe report growing interest in timberland investment
JACKSONVILLE — Real estate values and stocks have plummeted, but timber is still growing, literally and figuratively, as it becomes a more attractive investment asset. (RYN) (JOE) (FNF) (IP) (Mon, 12 Jan 2009 05:23:53 GMT)
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