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Investment News Feb 2009

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Sanyo Expected to Announce Big Solar Investment Next Week
Sanyo Electric is expected to announce a big investment in solar cell production next week. (Tue, 10 Feb 2009 10:20:18 GMT)

Sanyo Expected to Announce Big Solar Investment Next Week
Sanyo Electric is expected to announce a big investment in solar cell production next week with a new factory in western... (Tue, 10 Feb 2009 10:36:32 GMT)

Zimbabwe finmin to focus on stability, investment
Zimbabwean opposition leader Morgan Tsvangirai on Tuesday appointed Tendai Biti to be finance minister in a unity government and said he would focus on creating economic stability and attracting foreign investment. (Tue, 10 Feb 2009 11:38:06 GMT)

Foreign manufacturing investment rises in Malaysia
Approved foreign investment in Malaysia's manufacturing sector defied expectations to rise to a record 46.1 billion ringgit last year, up 38 percent from 2007, Trade Minister Muhyiddin Yassin said Tuesday. (Tue, 10 Feb 2009 12:48:33 GMT)

Apartment Investment Names Co-presidents, Finance Chief
Apartment Investment Names Co-presidents, Finance Chief (Tue, 10 Feb 2009 13:15:45 GMT)

Rio Tinto and Chinalco tidy up $30b investment deal
RIO TINTO and Chinalco of China were yesterday putting the finishing touches on an investment agreement worth up to $US20 billion ($30 billion) to ensure the miner will be able to alleviate concerns over its high debts and asset impairments alongside the release of its annual results tomorrow. (Tue, 10 Feb 2009 13:31:51 GMT)

Intel Plans Two-year, $7 Billion Investment In U.S. Plants
Intel Plans Two-year, $7 Billion Investment In U.S. Plants (Tue, 10 Feb 2009 14:45:45 GMT)

Proteonomix enter into contract with China Biopharma, Sinoquest Investment - Quick Facts
(RTTNews) - Proteonomix Inc. (PROT.PK) said the company and its subsidiary, Proteoderm Inc. have entered into a renewable three-year contract with China Biopharma, Inc. and Sinoquest Investment Ltd. for the exclusive license, ingredient purchase, sale and distribution of Proteoderm's stem cell-derived cosmeceutical product lines in China, Hong Kong and Taiwan. (Tue, 10 Feb 2009 17:03:28 GMT)

Xstrata to make new Sudbury investment after cuts
Facing pressure from Canada’s government, miner Xstrata PLC has agreed to make hundreds of millions of dollars of new investment in the Sudbury nickel district after cutting mining activity and jobs in the area, Canadian Industry Minister Tony Clement said on Monday. (Tue, 10 Feb 2009 17:22:47 GMT)

Citigroup’s Pandit Vows ‘Profitable Investment’ for Taxpayers
Feb. 10 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit , summoned by Congress to explain his bank’s use of $45 billion of bailout funds, vowed to “make this a profitable investment for the American people.” (Tue, 10 Feb 2009 17:41:08 GMT)

Citigroup’s Pandit Vows ‘Profitable Investment’ for Taxpayers
Feb. 10 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit , summoned by Congress to explain his bank’s use of $45 billion of bailout funds, vowed to “make this a profitable investment for the American people.” (Tue, 10 Feb 2009 17:41:39 GMT)

Alcoa Rating Cut by S&P to Lowest Investment Grade (Update2)
Feb. 10 (Bloomberg) -- Alcoa Inc. , the largest U.S. aluminum producer, had its long-term debt ratings cut two levels by Standard & Poor’s to BBB-, the lowest investment grade, as falling metal prices make it more difficult to renew loans. (Tue, 10 Feb 2009 19:44:57 GMT)

Australian R&D Investment Set to Decline, Financial Review Says
Feb. 11 (Bloomberg) -- Australian investment in research and development is set to decline for the first time in 10 years, raising concerns the nation’s competitiveness will be eroded, the Australian Financial Review said. (Tue, 10 Feb 2009 21:09:23 GMT)

Hamon Investment Group Buys Stake in H.K. Fund Manager Doric
Feb. 11 (Bloomberg) -- Hamon Investment Group , an Asia- focused money manager minority-owned by Bank of New York Mellon Corp. , bought a stake in Hong Kong-based hedge fund manager Doric Capital Corp. (Wed, 11 Feb 2009 02:03:11 GMT)

Hamon Investment Group Buys Stake in H.K. Fund Manager Doric
Feb. 11 (Bloomberg) -- Hamon Investment Group , an Asia- focused money manager minority-owned by Bank of New York Mellon Corp. , bought a stake in Hong Kong-based hedge fund manager Doric Capital Corp. (Wed, 11 Feb 2009 02:53:39 GMT)

Investment-Grade Company Bonds Are ‘Fantastic,’ Citigroup Says
Feb. 11 (Bloomberg) -- Investors should buy investment- grade corporate bonds and banks’ non government-guaranteed senior notes because prices have fallen too far, according to Citigroup Inc. (Wed, 11 Feb 2009 04:45:06 GMT)

Best investment options? Here's help!
Investment expert Vinay Mahajan offered some valuable investment tips during a chat on Tuesday. (Wed, 11 Feb 2009 07:12:04 GMT)

Sweden sells nationalized investment bank Carnegie
Two private equity groups on Wednesday signed a 2.28 billion kronor deal to buy troubled investment bank Carnegie from the Swedish government. (Wed, 11 Feb 2009 08:36:01 GMT)

Foreign investment via Indian firm out of FDI cap purview
NEW DELHI: Foreign investment through an investing Indian company will not be taken into account in determining the sector FDI cap, the government on Wednesday said. (Wed, 11 Feb 2009 08:38:19 GMT)

Investment-Grade Company Bonds Are ‘Fantastic,’ Citigroup Says
Feb. 11 (Bloomberg) -- Investors should buy investment- grade corporate bonds and banks’ non government-guaranteed senior notes because prices have fallen too far, according to Citigroup Inc. (Wed, 11 Feb 2009 10:01:13 GMT)

BCE Credit Rating Raised to Investment Grade by S&P (Update1)
Feb. 10 (Bloomberg) -- BCE Inc. , Canada’s biggest phone company, had its long-term corporate debt rating raised to investment grade by Standard & Poor’s after a planned C$52 billion ($42 billion) buyout was terminated. (Wed, 11 Feb 2009 12:37:40 GMT)

BCE boosts dividend 5 per cent, posts fourth-quarter loss on investment writedowns
MONTREAL - Bell Canada parent BCE Inc. (TSX:BCE) is raising its dividend in a move to shore up investor confidence after the demise of its takeover, the telecom giant reporting Wednesday a fourth-quarter loss on investment writedowns. (Wed, 11 Feb 2009 14:15:00 GMT)

New Solution from Misys Enables Banks and Investment Managers to Deploy Cross-Asset Trading Capabilities
New Solution from Misys Enables Banks and Investment Managers to Deploy Cross-Asset Trading Capabilities (Wed, 11 Feb 2009 14:33:26 GMT)

Progressive January Profit Declines 19% on Investment Losses
Feb. 11 (Bloomberg) -- Progressive Corp ., the auto insurer competing with Warren Buffett’s Geico Corp. to be third-largest in the U.S., said profit fell 19 percent in January on investment losses. (Wed, 11 Feb 2009 14:38:53 GMT)

South Africa: Housing at Forefront of Govt's Infrastructure Investment Plan
Cape Town — Housing and the eradication of informal settlements remain at the forefront of government's infrastructure investment plans, according to the Minister of Finance Trevor Manuel. (Wed, 11 Feb 2009 15:26:39 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 $1.67 or 1.8 percent, to $92.07. Morgan Stanley rose $1.14 or 5.5 percent, to $21.93. (Wed, 11 Feb 2009 15:52:14 GMT)

Investment Bankers At Queen’s Helm
Investment bankers are on the bridge of the Queen Mary. Andy Kwan, a vice president with Garrison Investment Group, is sitting in the landmark ship’s captain’s chair today after Garrison took over all of Save The Queen, LLC, after partners there defaulted on their payments. (Wed, 11 Feb 2009 17:30:34 GMT)

Investment Expert: Geithner Speech Lacked Clarity
Markets fell dramatically Tuesday after Treasury Secretary Timothy Geithner held a speech on efforts to shore up the nation's banking system. Geithner's speech was short on details when investors hoped for specifics. David Kotok, chief investment officer of Cumberland Advisors, says the financial community was looking for clarity. (Wed, 11 Feb 2009 21:28:59 GMT)

Moody's assesses Dutch government's hybrid investment in insurers
The Dutch government's hybrid investment in the insurance sector is discussed in a new report by Moody's Investors Service. The rating agency regards the capital injection as supportive of insurers' r (Thu, 12 Feb 2009 02:30:55 GMT)

Rupee Little Changed After India Simplifies Investment Rules
Feb. 12 (Bloomberg) -- India’s rupee was little changed after the government yesterday simplified regulations on foreign direct investment. The currency may gain after the South Asian nation’s Industry Minister Kamal Nath said yesterday the less stringent rules will encourage inflows of overseas capital. (Thu, 12 Feb 2009 06:20:50 GMT)

Local investment makes sense for Doña Ana County
Doña Ana County Treasurer David Gutierrez is working to make good on a campaign promise to invest more of the county's money locally. Currently, much of the county's investment money is in a state pool, meaning Doña Ana's money could be doing work in Santa Fe, Farmington and Albuquerque. (Thu, 12 Feb 2009 07:08:26 GMT)

Skills investment key to future
A group of MPs says investment in skills and higher education is key to beating the global downturn. (Thu, 12 Feb 2009 07:11:32 GMT)

South Africa: World Bank Warns of Drop in Foreign Direct Investment
Cape Town — Foreign direct investment in developing economies, a big driver of their growth, is set to fall to $400bn this year from $580bn last year because of tighter liquidity and a slowdown in developed countries, according to World Bank predictions. (Thu, 12 Feb 2009 07:24:53 GMT)

MINING FINANCE / INVESTMENT
The proposed agreed investment by Chinese state-controlled Chinalco to buy Rio Tinto assets and shares would total $19.5bn and would go a long way to easing the latter's debt problems - but at a big cost. (Thu, 12 Feb 2009 07:39:48 GMT)

Govt looking to tighten foreign investment laws
The Federal Government is acting to toughen foreign investment laws as the Chinese firm Chinalco moves to increase its stake in Rio Tinto. (Thu, 12 Feb 2009 08:19:00 GMT)

CERI warns on Alberta oil sands investment
The global credit crunch and collapse of oil prices have cancelled the Alberta oil sands boom, resulting in a loss in investment of $97-billion to $241-billion in the next decade that will be felt throughout the Canadian economy, the Canadian Energy Research Institute said in a report Thursday. (Thu, 12 Feb 2009 08:27:53 GMT)

Xstrata to make new Sudbury investment after cuts
Facing pressure from Canada’s government, miner Xstrata PLC has agreed to make hundreds of millions of dollars of new investment in the Sudbury nickel district after cutting mining activity and jobs in the area, Canadian Industry Minister Tony Clement said on Monday. (Thu, 12 Feb 2009 08:35:44 GMT)

UniCredit to Combine Investment, Corporate Units, May Cut Jobs
Feb. 12 (Bloomberg) -- UniCredit SpA, Italy’s biggest bank by assets, plans to combine its investment and corporate banking units, a reorganization that may be followed by job cuts, two people familiar with the plan said. (Thu, 12 Feb 2009 11:12:10 GMT)

Aetna 4Q profit slides on heavy investment losses
Managed-care company Aetna Inc. said Thursday its fourth-quarter profit tumbled 57 percent, mainly due to large investment losses and a severance charge for job cuts. But the Hartford, Conn.-based insurer also said health care premiums rose 17 percent,... (Thu, 12 Feb 2009 11:42:17 GMT)

A stock market investment with a no-loss guarantee
A.Y. Brown is reaping the rewards of successful entrepreneurship. Over decades of financing and developing apartment complexes around Memphis, Brown, now 70, socked away enough money to retire at 52. Today, he and his wife live comfortably - off investment income - on their horse farm in Columbus, N.C. But the couple worry about the recent volatility in the financial markets. (Thu, 12 Feb 2009 11:51:39 GMT)

Aetna Quarterly Profit Drops 57% on Investment Losses (Update1)
Feb. 12 (Bloomberg) -- Aetna Inc. , the third-largest U.S. health insurer, said profit fell 57 percent as the company booked investment losses and costs of laying off about 1,000 workers. (Thu, 12 Feb 2009 13:24:07 GMT)

CERI warns on Alberta oil sands investment
The global credit crunch and collapse of oil prices have cancelled the Alberta oil sands boom, resulting in a loss in investment of $97-billion to $241-billion in the next decade that will be felt throughout the Canadian economy, the Canadian Energy Research Institute said in a report Thursday. (Thu, 12 Feb 2009 15:07:47 GMT)

Aetna Quarterly Profit Drops 57% on Investment Losses (Update3)
Feb. 12 (Bloomberg) -- Aetna Inc. , the third-largest U.S. health insurer, reported a 57 percent drop in profit because of investment losses and expenses for eliminating jobs. (Thu, 12 Feb 2009 15:26:33 GMT)

Aetna 4Q profit slides on heavy investment losses
Managed-care company Aetna Inc. said Thursday its fourth-quarter profit tumbled 57 percent, mainly due to large investment losses and a severance charge for job cuts. (Thu, 12 Feb 2009 15:35:09 GMT)

Aetna 4Q profit slides on heavy investment losses
Managed-care company Aetna said its fourth-quarter profit tumbled 57 percent, mainly due to large investment losses and a severance charge for job cuts. (Thu, 12 Feb 2009 15:57:43 GMT)

Total Profit Beat Estimates, Will Maintain Investment (Update4)
Feb. 12 (Bloomberg) -- Total SA , Europe’s third-largest oil company, reported fourth-quarter earnings that beat analyst estimates and pledged to maintain investment spending at a similar level to last year to revive production growth. (Thu, 12 Feb 2009 17:30:47 GMT)

City trader arrested over £40 million investment scam
City trader arrested over £40 million investment scam (Thu, 12 Feb 2009 17:54:32 GMT)

China's Hu vows to increase Africa investment
President Hu Jintao promised Thursday that China would step up its investment in Africa as Beijing looked to his whirlwind tour of Africa to shake off accusations it exploits the continent. (Thu, 12 Feb 2009 22:11:39 GMT)

Banks, investment firms borrow less from Fed
Commercial banks and investment firms reduced their borrowing over the past week from the Federal Reserve's emergency lending program, a modest sign of improvement in the credit markets. (Thu, 12 Feb 2009 22:24:59 GMT)

Banks, investment firms borrow less from Fed
WASHINGTON -- Commercial banks and investment firms reduced their borrowing over the past week from the Federal Reserve's emergency lending program, a modest sign of improvement in the credit markets. (Thu, 12 Feb 2009 22:24:59 GMT)

Lawyer for Investment Manager Denies Plea Talks
A defense lawyer for the head of a suburban New York City private investment firm accused of swindling clients in a Ponzi fraud denied on Thursday her client was engaged in plea discussions to resolve the case, Reuters reports. (Fri, 13 Feb 2009 03:03:53 GMT)

Public services investment call
Public sector unions say investment in its services needs to increase after warnings of "lean years" to come. (Fri, 13 Feb 2009 06:50:26 GMT)

Public services investment call
Public sector unions say investment in services needs to increase after warnings of "lean years" to come. (Fri, 13 Feb 2009 06:56:32 GMT)

ADB urges Asia to boost infrastructure investment
Asia should increase investment in infrastructure to drive growth and alleviate poverty in the region, a senior Asian Development Bank official said Friday. (Fri, 13 Feb 2009 07:49:53 GMT)

Stora Enso delays major Russia investment plan
* Stora delays Russia investment plan (Fri, 13 Feb 2009 07:53:37 GMT)

Federal Reserve says commercial banks, investment firms reduce their borrowing
The Federal Reserve says commercial banks and investment firms reduced their borrowing over the past week from its emergency lending program. (Fri, 13 Feb 2009 08:10:49 GMT)

Investment firm that bucked downturn probed
U.S. regulators are investigating a Texas billionaire's investment firm and his Caribbean bank, which have delivered higher-than-average returns to investors and depositors despite the global meltdown, an official said Thursday. (Fri, 13 Feb 2009 08:34:34 GMT)

IFC Plans to Double Agricultural Investment in Africa (Update1)
Feb. 13 (Bloomberg) -- The International Finance Corp. , the World Bank’s private-sector lending arm, plans to double its investment in African agriculture to $400 million in its next financial year, Chief Executive Officer Lars Thunell said. (Fri, 13 Feb 2009 08:50:20 GMT)

Eni’s Scaroni Says Investment Opportunities ‘Remain Attractive’
Feb. 13 (Bloomberg) -- Investment opportunities “remain attractive” even in a low oil-price environment, Eni SpA Chief Executive Officer Paolo Scaroni said. (Fri, 13 Feb 2009 13:19:50 GMT)

David B. Winther | Investment adviser, 79
David B. Winther, 79, of Wayne, a former investment adviser, died Feb. 4 at Devon Manor after heart surgery. (Fri, 13 Feb 2009 15:01:04 GMT)

Private Equity Firms Sign on to Principles for Responsible Investment
By Robert Kropp. Private Equity Council members adopt PRI framework for incorporating ESG issues into investment decision-making and ownership practices. (Fri, 13 Feb 2009 15:21:48 GMT)

Canadian Real Estate Investment Trust Q4 profit declines - Quick Facts
(RTTNews) - Canadian Real Estate Investment Trust (REF_U.TO) announced that its fourth quarter net income was C$13.2 million or C$0.22 per unit, compared to C$23.0 million or C$0.38 per unit in the year ago quarter. (Fri, 13 Feb 2009 15:48:20 GMT)

Multi-Billion Dollar Private Equity Fund Makes Addl. Investment in Santa Fe Holding Co.
(RTTNews) - Multi-Billion Dollar Private Equity Fund Makes Addl. Investment in Santa Fe Holding Co. (Fri, 13 Feb 2009 17:05:19 GMT)

Reports: Citadel Investment to unfreeze funds
Citadel Investment Group LLC, one of the world's largest hedge funds, plans to unfreeze two of its biggest funds, according to reports Friday. (Fri, 13 Feb 2009 19:57:40 GMT)

Bank of America Splits Corporate, Investment Bank (Update1)
Feb. 13 (Bloomberg) -- Bank of America Corp. , the largest U.S. bank, will divide its corporate and investment bank into Americas and international units, according to a person familiar with the matter. (Fri, 13 Feb 2009 20:29:38 GMT)

Citadel Investment Group to unfreeze 2 funds
Citadel Investment Group LLC, one of the world's largest hedge funds, plans to unfreeze two of its biggest funds, paying out distributions to clients over time if the funds meet certain capital thresholds. (Fri, 13 Feb 2009 21:42:02 GMT)

Citadel Investment Group Raises Its Gates
Citadel Investment Group told investors in two of its biggest funds that they will soon be able to redeem some of their money periodically, if certain benchmarks are met. (Fri, 13 Feb 2009 22:28:01 GMT)

Final Glance: Investment Banks companies
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs rose $.87 or .9 percent, to $96.45. (Fri, 13 Feb 2009 22:49:56 GMT)

S&P Raises Amazon.com By Two Notches To Investment Grade
S&P Raises Amazon.com By Two Notches To Investment Grade (Fri, 13 Feb 2009 22:55:48 GMT)

Xstrata to make new Sudbury investment after cuts
Facing pressure from Canada’s government, miner Xstrata PLC has agreed to make hundreds of millions of dollars of new investment in the Sudbury nickel district after cutting mining activity and jobs in the area, Canadian Industry Minister Tony Clement said on Monday. (Sat, 14 Feb 2009 04:15:26 GMT)

Rio Tinto accepts massive China investment
The chief executive of Rio Tinto Ltd. defended a massive Chinese investment in his company on Thursday, noting that the proposed deal gives Rio flexibility in case the global economic downturn is prolonged. (Sat, 14 Feb 2009 08:20:38 GMT)

IIFCL lowers ticket size for bond investment to attract HNIs
India Infrastructure Finance Company (IIFCL), the government-owned financial institution, is reducing the minimum ticket size for investment in its tax-free bonds from Rs 1 crore to Rs 10 lakh.The instrument, announced as part of the stimulus package, will offer 6.8 per cent returns to investors. (Sat, 14 Feb 2009 08:49:42 GMT)

Leyland slashes investment size, staff salary
Ashok Leyland, the Hinduja group flagship company and a leading manufacturer of commercial vehicles, today said it would cut its proposed investment size and would undertake cost-cutting measures, including a 20 per cent reduction in wages, in view of the slowdown in the industry. (Sat, 14 Feb 2009 08:50:45 GMT)

Citadel Investment Group to make funds available
Portion of capital to be set aside for investor withdrawals Citadel Investment Group plans to let clients withdraw a portion of their investments, according to a letter sent Thursday by company founder Ken Griffin. (Sat, 14 Feb 2009 14:24:04 GMT)

CERI warns on Alberta oil sands investment
The global credit crunch and collapse of oil prices have cancelled the Alberta oil sands boom, resulting in a loss in investment of $97-billion to $241-billion in the next decade that will be felt throughout the Canadian economy, the Canadian Energy Research Institute said in a report Thursday. (Sat, 14 Feb 2009 14:57:56 GMT)

Xstrata to make new Sudbury investment after cuts
Facing pressure from Canada’s government, miner Xstrata PLC has agreed to make hundreds of millions of dollars of new investment in the Sudbury nickel district after cutting mining activity and jobs in the area, Canadian Industry Minister Tony Clement said on Monday. (Sat, 14 Feb 2009 15:05:49 GMT)

Rio Tinto accepts massive China investment
The chief executive of Rio Tinto Ltd. defended a massive Chinese investment in his company on Thursday, noting that the proposed deal gives Rio flexibility in case the global economic downturn is prolonged. (Sat, 14 Feb 2009 15:19:03 GMT)

ADB to provide increased funding Asia needs to boost infra investment
HONG KONG (AP) – Asia should increase investment in infrastructure to drive growth and alleviate poverty in the region, a senior Asian Development Bank official said Friday. (Sat, 14 Feb 2009 16:40:53 GMT)

Leyland slashes investment size, staff salary
Ashok Leyland, the Hinduja group flagship company and a leading manufacturer of commercial vehicles, today said it would cut its proposed investment size and would undertake cost-cutting measures, including a 20 per cent reduction in wages, in view of the slowdown in the industry. (Sat, 14 Feb 2009 17:49:21 GMT)

IIFCL lowers ticket size for bond investment to attract HNIs
India Infrastructure Finance Company (IIFCL), the government-owned financial institution, is reducing the minimum ticket size for investment in its tax-free bonds from Rs 1 crore to Rs 10 lakh.The instrument, announced as part of the stimulus package, will offer 6.8 per cent returns to investors. (Sat, 14 Feb 2009 18:34:47 GMT)

Foreign investment distinctions set to go
FDI, FII, ADRs, GDRs will all be counted as foreign investment. The government has decided to do away with the various classifications of foreign investments for the purpose of calculating foreign investment in downstream companies. (Sat, 14 Feb 2009 19:17:12 GMT)

Teacher retirement plan investment chief gives up incentives
Following legislative outrage over investment bonuses at some state trust funds, the chief investment officer of the Teacher Retirement System of Texas will forgo nearly $168,000 in incentives due to him based on the trust funds performance last year. (Sat, 14 Feb 2009 20:44:00 GMT)

JBIMS wins India Investment Research Challenge second time
Mumbai, Feb 14: City-based Jamnalal Bajaj Institute of Management Studies (JBIMS) has won the second India Investment Research Challenge organized by the India Association of Investment Professionals (IAIP) here today. (Sun, 15 Feb 2009 01:59:29 GMT)

Kerala continues to seek private investment: Minister
Kozhikode, Feb 14: Kerala Indusries Minister Elamaram Kareem today reiterated the CPI(M)-led Left Democratic Front Government's decision to seek private investment for the overall development of the State. (Sun, 15 Feb 2009 02:00:21 GMT)

Florida Investment pool fails to attract investors after freeze
More than a year after Florida municipalities started pulling cash from a $27 billion state-run money-market fund because it held defaulted securities, towns and agencies still want little to do with the investment pool. (Sun, 15 Feb 2009 05:17:49 GMT)

CERI warns on Alberta oil sands investment
The global credit crunch and collapse of oil prices have cancelled the Alberta oil sands boom, resulting in a loss in investment of $97-billion to $241-billion in the next decade that will be felt throughout the Canadian economy, the Canadian Energy Research Institute said in a report Thursday. (Sun, 15 Feb 2009 06:32:37 GMT)

Xstrata to make new Sudbury investment after cuts
Facing pressure from Canada’s government, miner Xstrata PLC has agreed to make hundreds of millions of dollars of new investment in the Sudbury nickel district after cutting mining activity and jobs in the area, Canadian Industry Minister Tony Clement said on Monday. (Sun, 15 Feb 2009 06:40:35 GMT)

Rio Tinto accepts massive China investment
The chief executive of Rio Tinto Ltd. defended a massive Chinese investment in his company on Thursday, noting that the proposed deal gives Rio flexibility in case the global economic downturn is prolonged. (Sun, 15 Feb 2009 06:53:49 GMT)

Health-care stocks bandage wounded investment portfolios
Health-care stocks bandage wounded investment portfolios (Sun, 15 Feb 2009 10:30:58 GMT)

Investment properties are making a comeback
A RISE in the number of investment properties whose rental returns exceed the cost of the mortgage will trigger a recovery in housing. (Sun, 15 Feb 2009 13:00:00 GMT)

Rio Tinto accepts massive China investment
The chief executive of Rio Tinto Ltd. defended a massive Chinese investment in his company on Thursday, noting that the proposed deal gives Rio flexibility in case the global economic downturn is prolonged. (Sun, 15 Feb 2009 13:44:28 GMT)

Unis face big drop in investment income
Universities are budgeting to lose millions from their investment portfolios this year as the global credit crisis hits the halls of academia. Property and equity investments account for a small proportion of universities' total income, and returns are projected to drop by about half this year. (Sun, 15 Feb 2009 15:21:11 GMT)

Foreign investment distinctions set to go
FDI, FII, ADRs, GDRs will all be counted as foreign investment. The government has decided to do away with the various classifications of foreign investments for the purpose of calculating foreign investment in downstream companies. (Sun, 15 Feb 2009 17:03:43 GMT)

Foreign Direct Investment in China Fell in January (Correct)
(Corrects value of investment in second paragraph.) Feb. 16 (Bloomberg) -- Foreign direct investment in China declined for a fourth month in January as companies cut back on spending to weather the global financial crisis. (Mon, 16 Feb 2009 02:37:26 GMT)

Foreign Direct Investment in China Fell in January (Correct)
(Corrects value of investment in second paragraph.) Feb. 16 (Bloomberg) -- Foreign direct investment in China declined for a fourth month in January as companies cut back on spending to weather the global financial crisis. (Mon, 16 Feb 2009 02:52:52 GMT)

Climate Change Increasingly Impacting Investment Decisions
Three-quarters of 80 global institutional investors factor climate change information into investment decisions and asset allocations. Some investor institutions are now willing to ask companies to reduce their greenhouse gas emissions. (Mon, 16 Feb 2009 03:39:57 GMT)

China's foreign direct investment down 32.6% in January
BEIJING: Foreign direct investment in China fell 32.6 per cent in January from a year earlier, the government said on Monday. Investments last month by foreign enterprises, not including those by financial institutions, reached US$7.54 billion, the commerce ministry said at a briefing. (Mon, 16 Feb 2009 05:07:18 GMT)

China's January foreign investment down 33 percent
China's nonfinancial foreign investment fell in January for a fourth month as global consumer demand and business activity cooled, according to data released Monday. (Mon, 16 Feb 2009 05:19:52 GMT)

Foreign investment distinctions set to go
The government has decided to do away with the various classifications of foreign investments for the purpose of calculating foreign investment in downstream companies. (Mon, 16 Feb 2009 05:37:10 GMT)

Foreign Direct Investment in China Tumbles on Crisis (Update2)
Feb. 16 (Bloomberg) -- Foreign direct investment in China declined for a fourth month in January as companies cut back on spending to weather the global financial crisis. (Mon, 16 Feb 2009 05:51:57 GMT)

Business investment to plunge CBI warns
Britain's business leaders will cut investment across the board for the next 18 months according to the CBI as companies react to the worst year for the economy since the era of rationing. (Mon, 16 Feb 2009 05:57:36 GMT)

Foreign investment in China plunges in January
China's actual use of foreign investment plunged 32.67 percent year on year to 7.54 billion U.S. dollars in January, a Ministry of Commerce (MOC) official said in Beijing Monday. Foreign investment use has seen consecutive falls in China since October, when a 2.02-percent annual drop was recorded. Yao Jian, an MOC spokesman, attributed the January decline to the global financial crisis and an ... (Mon, 16 Feb 2009 06:23:47 GMT)

China's Guangdong 2008 Real Estate Investment Growth Slumps
Feb. 16 (Bloomberg) -- Real estate investment in China's southern Guangdong province, the biggest contributor to the nation's economy, rose 16.8 percent to 293.2 billion yuan ($42.9 billion) last year, the National Develoment and Reform Commission said. (Mon, 16 Feb 2009 06:41:39 GMT)

ING Investment Management Middle East appoints Farah Foustok as Chief Executive Officer
ING Investment Management (ING IM) Middle East, the Dubai-based office of the international investment management firm, has appointed Farah Foustok as Chief Executive Officer. (Mon, 16 Feb 2009 08:15:45 GMT)

China's Foreign Direct Investment Falls 33% In January
China's Foreign Direct Investment Falls 33% In January (Mon, 16 Feb 2009 09:25:40 GMT)

Ethiopia: Absence of Capital Market Blamed for Poor Investment
Addis Abeba — Absence of a capital market in the country was impeding investment to flourish in Ethiopia despite its potential to become an investment destination in the continent, a New York stockbroker said on Thursday. (Mon, 16 Feb 2009 12:58:13 GMT)

Investment trusts give glimmer of hope to savers
Investors scarred by the loss of banking dividends or just worried about their income, and savers prepared to take some moderate risk amid the interest rate gloom, could look to investment trusts for a ray of sunshine. (Mon, 16 Feb 2009 13:57:59 GMT)

India received $32.4 billion foreign investment last fiscal
India received about $32.4 billion of foreign investment in 2007-08, Minister for External Affairs Pranab Mukherjee said while presenting the interim budget 2009-10 in the Lok Sabha Monday. (Mon, 16 Feb 2009 14:25:56 GMT)

Investment Houses Make Greater Use of Corporate Emissions, Climate Change Data
Climate change information is being factored into the decision making process of a large majority of the investment firms that have signed on to the Carbon Disclosure Project, the London-based climate change action organization announced yesterday. (Mon, 16 Feb 2009 14:32:45 GMT)

Empire Investment director gets permission to leave country
SINGAPORE: Yong Wai Hong was one of four people charged with being involved in a fraudulent investment scheme in connection with the controversial multi—level marketing firm Sunshine Empire, and could face jail time for alleged criminal breach of trust and falsifying accounts, among other offences. (Mon, 16 Feb 2009 15:55:42 GMT)

Chinalco firm on its Rio investment plan
Chinalco will not change its $19.5 billion investment plan in Rio Tinto , even if a rival bid emerges, the China Securities Journal reported on Tuesday. (Tue, 17 Feb 2009 00:55:00 GMT)

Vietnam, UAE Sign Double-Taxation Avoidance, Investment Pacts
HANOI -(Dow Jones)- Vietnam and the United Arab Emirates have signed agreements on investment and double-taxation avoidance in a move to boost bilateral economic ties, the Vietnamese government said Tuesday. (Tue, 17 Feb 2009 03:03:27 GMT)

China Life selects new investment head -sources
SHANGHAI/BEIJING, Feb 17 (Reuters) - China Life Insurance Co Ltd <2628.HK> <601628.SS>, the world's biggest life insurer by market value, has selected Liu Hui, a trading manager at its asset management arm, to be its head of investment, two sources familiar with the matter said. (Tue, 17 Feb 2009 04:13:57 GMT)

Inter boss Mourinho believes investment in youth will improve Asian leagues
Inter Milan manager Jose Mourinho believes that more time investment into youth will improve the standard of domestic Asian competitions. read more (Tue, 17 Feb 2009 04:58:19 GMT)

Mobile broadband investment can save global economy: GSMA
Next-gen mobile broadband is a key ticket, if not the ticket, out of the global economic slump, according to a GSM Association panel calling for regulators to develop frameworks and spectrum policies encouraging mobile broadband investment. (Tue, 17 Feb 2009 05:18:53 GMT)

Moody's downgrades Gulf Investment Corporation to D/Baa2/P-2
Moody's Investors Service today downgradedthe financial strength rating of Gulf Investment Corporation ('GIC', Kuwait) to D from D+. (Tue, 17 Feb 2009 06:45:33 GMT)

Long-term investment is the best option
Financial planning expert Vicky Mehta offered some valuable investment tips. (Tue, 17 Feb 2009 07:22:24 GMT)

Aegon Posts Loss on Investment Declines, Writedowns (Update1)
Feb. 17 (Bloomberg) -- Aegon NV , the insurer that got a 3 billion-euro ($3.8 billion) lifeline from the Netherlands in October, posted a second consecutive quarterly loss on investment declines and writedowns. (Tue, 17 Feb 2009 07:23:05 GMT)

India still holds strong investment opportunities: JP Morgan
India continues to present strong investment opportunities for Gulf residents, who appreciate the country’s many fundamental economic strengths, an executive with JP Morgan Asset Management said. (Tue, 17 Feb 2009 07:24:59 GMT)

Free Zones and Development Areas Investment Forum to be held in May
Following the great success achieved by the first Free Zones Investment Forum, which was held in the Jordanian capital in 2008, the second forum on 'Investment in Free Zones and Development Areas' will be organized under the auspices of the Prime Minister Nader Al-Dhahabi during May 27-28, 2009 at The King Hussein Bin Talal Convention Center in the Dead Sea. (Tue, 17 Feb 2009 08:00:48 GMT)

Aegon Posts Loss on Investment Declines, Writedowns (Update1)
Feb. 17 (Bloomberg) -- Aegon NV , the insurer that got a 3 billion-euro ($3.8 billion) lifeline from the Netherlands in October, posted a second consecutive quarterly loss on investment declines and writedowns. (Tue, 17 Feb 2009 09:27:01 GMT)

Aegon Posts Loss on Investment Declines, Writedowns (Update2)
Feb. 17 (Bloomberg) -- Aegon NV , the insurer that got a 3 billion-euro ($3.8 billion) lifeline from the Netherlands in October, posted a wider loss than analysts had estimated on investment declines and writedowns. (Tue, 17 Feb 2009 09:38:31 GMT)

European investment fund assets fall by 20%
Turmoil in financial markets wiped more than one-fifth off the value of total investment fund assets in Europe last year. The figures will make dismal reading for savers and retail investors in Europe. (Tue, 17 Feb 2009 11:55:32 GMT)

DUP call for green investment 'not at odds with Sammy Wilson'
The DUP's Enterprise Minister has called for investment in renewable energy technologies to help address climate change. (Tue, 17 Feb 2009 15:14:50 GMT)

Sirius XM Radio to receive $530-million investment
Liberty Media Corp.'s investment comes after the company warned it could file for bankruptcy if it cannot successfully negotiate with its debt holders (Tue, 17 Feb 2009 15:40:31 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 $7.70 or 8.0 percent, to $88.75. Morgan Stanley fell $1.67 or 7.3 percent, to $21.26. (Tue, 17 Feb 2009 15:51:58 GMT)

India still holds strong investment opportunities: JP Morgan
India continues to present strong investment opportunities for Gulf residents, who appreciate the country’s many fundamental economic strengths, an executive with JP Morgan Asset Management said. (Tue, 17 Feb 2009 16:40:06 GMT)

December foreign investment in US turns positive
WASHINGTON -- Overseas demand for U.S. financial assets rebounded in December after dropping for the prior two months, the Treasury Department said Tuesday. (Tue, 17 Feb 2009 16:44:42 GMT)

Harper boosts GO Transit with $500M investment
Prime Minister Stephen Harper is touting a $500-million investment in transit in Ontario as part of Ottawa's strategy to combat the global economic slowdown. (Tue, 17 Feb 2009 16:59:13 GMT)

paidContent.org - Sirius Takes Investment From Liberty, Not EchoStar
Liberty Media (NSDQ: LINTA) has reached a deal to invest $530 million in Sirius XM, ending weeks of speculation over whether Liberty or EchoStar would emerge as Sirius' white knight. The deal allows Sirius, which has been bogged down with debt problems, to avoid bankruptcy (at least for now). The investment will come in the form of loans and preferred stock convertible into 40 percent of Sirius ... (Tue, 17 Feb 2009 17:07:04 GMT)

Calls for Sellafield investment
Union leaders call for new investment at Sellafield in Cumbria as it faces an uncertain future. (Tue, 17 Feb 2009 18:20:13 GMT)

Financier charged with $9.2 billion investment fraud
The Securities and Exchange Commission said Tuesday that it has charged financier R. Allen Stanford and three of his companies with orchestrating a $9.2 billion investment and sales fraud. (Tue, 17 Feb 2009 22:46:00 GMT)

Texas billionaire accused of $8-billion investment scam
The SEC charges R. Allen Stanford and two other principals of his investment and banking empire in a complaint alleging massive fraud. R. Allen Stanford, the Texas billionaire charged Tuesday with perpetrating an $8-billion investment fraud, cast himself as offshore investment guru to the transatlantic jet set and benefactor to the Caribbean islands' poor through multimillion-dollar ... (Wed, 18 Feb 2009 00:25:19 GMT)

Perpetual Profit Drops 84% on Investment Losses (Update1)
Feb. 18 (Bloomberg) -- Perpetual Ltd. , an Australian fund manager, said first-half profit fell 84 percent on investment losses and customer withdrawals. The stock slumped. (Wed, 18 Feb 2009 05:34:16 GMT)

Perpetual’s Profit Drops 84% on Investment Losses (Update2)
Feb. 18 (Bloomberg) -- Perpetual Ltd. , an Australian fund manager, said first-half profit fell 84 percent on investment losses and customer withdrawals. (Wed, 18 Feb 2009 06:10:27 GMT)

Fortescue Has Held Talks With China Investment, Anglo American
Feb. 18 (Bloomberg) -- Fortescue Metals Group Ltd. , Australia’s third-largest iron ore exporter, has held investment talks with China Investment Corp. and Anglo- American Plc. The stock rose 12 percent. (Wed, 18 Feb 2009 07:02:57 GMT)

Fortescue Has Held Talks With China Investment, Anglo American
Feb. 18 (Bloomberg) -- Fortescue Metals Group Ltd. , Australia’s third-largest iron ore exporter, has held investment talks with China Investment Corp. and Anglo- American Plc. The stock rose 12 percent. (Wed, 18 Feb 2009 07:04:07 GMT)

Rio Tinto accepts massive China investment
The chief executive of Rio Tinto Ltd. defended a massive Chinese investment in his company on Thursday, noting that the proposed deal gives Rio flexibility in case the global economic downturn is prolonged. (Wed, 18 Feb 2009 07:12:40 GMT)

India cbank chief: may see lower investment demand
TOKYO, Feb 18 (Reuters) - India may see a further downturn in investment demand before it turns up but its current account deficit may be smaller than expected, India's central bank governor said on Wednesday. (Wed, 18 Feb 2009 07:18:00 GMT)

Ministry: foreign investment favors mid-west China
Statistics released by China's Ministry of Commerce on February 16, 2009, showed that foreign direct investment had been flowing much faster into the middle and western areas of China that the rest of the country. Last year, foreign investment reached 7.4 billion USD in the middle part and 6.6 billion USD in the west part of China, representing growth rates of 12.8 percentage points and 56.2 ... (Wed, 18 Feb 2009 08:26:30 GMT)

Research And Markets: Investment Opportunities, Analysis, And Forecasts Of All Active And Planned Oil And Chemical ...
Research and Markets has announced the addition of GlobalData's new report "Asia Pacific Oil and Chemicals Storage Industry to 2013: Investment Opportunities, Analysis and Forecasts of All Active and Planned Oil and Chemical Terminals in Asia Pacific" to their offering. This profile is the essential source for top-level industry data and information relating to the oil and chemicals storage in ... (Wed, 18 Feb 2009 11:50:28 GMT)

Children’s Investment Fund Sells Mastercard, Buys Rival Visa
Feb. 17 (Bloomberg) -- Children’s Investment Fund Management UK LLP, the London-based hedge fund founded by Christopher Cooper-Hohn, sold off its shares in Mastercard Inc . and added shares of rival credit-card network Visa Inc. in the fourth quarter. (Wed, 18 Feb 2009 13:31:22 GMT)

Brown Says G-20 Must Boost Investment, Skills to Spur Economy
Feb. 18 (Bloomberg) -- U.K. Prime Minister Gordon Brown said world leaders must redouble efforts improve the skills of workers and stimulate business investment to pull economies out of the recession. (Wed, 18 Feb 2009 14:45:33 GMT)

Oregon investment company suspected in ponzi scheme
EUGENE, Ore. (AP) -- Police are investigating allegations that a Eugene investment company ran a Ponzi scheme to bilk investors out of hundreds of thousands of dollars. (Wed, 18 Feb 2009 15:27:04 GMT)

Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs fell $.02 or percent, to $85.69. Morgan Stanley rose $.24 or 1.2 percent, to $20.00. (Wed, 18 Feb 2009 15:57:50 GMT)

Investment in SaaS Delivery House Rises to $63.5m
OpSource, which delivers Software-as-a-Service and web applications for on-demand companies, has gotten a $10 million E round, giving it a grand total of $63.5 million in VC funding since 2002, some of it Intel’s money. The latest investment comes from NTT, a strategic partner since November, and as well as some of OpSource’s existing backers, including Velocity Venture Capital, Key Venture ... (Wed, 18 Feb 2009 16:35:00 GMT)

Insurers continue to face investment loss concerns
Already hit hard by severe losses on their investment portfolios, insurance companies nationwide -- particularly life insurers -- continue to face challenges as they attempt to convince investors that their capital reserves are safe. (Wed, 18 Feb 2009 21:19:29 GMT)

AMD stockholders approve Abu Dhabi investment
Advanced Micro Devices (AMD), the world's second-largest computer chip maker, announced Wednesday that its stockholders had approved a manufacturing joint venture with investment from Abu Dhabi. (Wed, 18 Feb 2009 21:51:21 GMT)

Final Glance: Investment Banks companies
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs fell $1.21 or 1.4 percent, to $84.50. (Wed, 18 Feb 2009 23:18:08 GMT)

AMP Second-Half Profit Drops 58% as Investment Losses Climb
Feb. 19 (Bloomberg) -- AMP Ltd. , Australia’s biggest provider of pension plans, said profit slumped 58 percent in the six months to Dec. 31 as investment losses increased in the wake of the global financial crisis. (Wed, 18 Feb 2009 23:48:42 GMT)

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