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Investment News 07/2009 (Page 5)



China investment approved regularly (BigPond News)
The government is approving Chinese investment proposals at the rate of more than one a week: Swan.
CIMB Investment Bank buys 1.7m Xingquan shares (The Edge Daily)
KUALA LUMPUR: CIMB Investment Bank bought 1.71 million shares of newly-listed Xingquan International Sports Holdings Bhd on Monday, July 13. It said on July 14 the purchase of the shares, at prices between RM1.72 to RM1.78, was part of the price stabilisation mechanisam.
Swan defends China investment approvals (Sky News Australia)
The federal government is approving Chinese investment proposals in Australia at the rate of more than one a week, Treasurer Wayne Swan says.
Swan defends China investment approvals (BigPond News)
The govt is approving Chinese investment proposals in Australia at the rate of more than one a week - Swan.
China Investment Banking Veteran Ren Said to Join BNP (Update1) (Bloomberg)
July 14 (Bloomberg) -- Margaret Ren , a former Merrill Lynch & Co. China investment banking chairman, may join BNP Paribas SA to run the company’s advisory business in Greater China, two people familiar with the situation said.
S Korea's investment in overseas securities soars in first half (People's Daily)
South Korea's direct investment in foreign securities surged 142 percent on year in the first half of 2009 as European bond purchases increased, the securities depository agency said Tuesday. According to the Korea Securities Depository (KSD), local corporate and retail investors purchased overseas securities worth 5.6 billion U.S. dollars during the January-June period. The first-half purchase ...
Mexican fixed investment in April falls 17.8% over a year earlier (People's Daily)
The fixed investment in Mexico declined 17.8 percent in April year-on-year, and nearly 2 percent over the previous month, the country's national statistics agency reported Monday. The report said machinery investment fell 30.2 percent, and home-made equipment declined 27.5 percent. Construction activity reported an 8.5- percent drop over a year earlier, but recovered a slender 1.1-percent from ...
Emirates Investment Services Limited announces the latest profits of its Sukuk Fund (AME Info)
Emirates Investment Services Limited announced that the latest estimated value of the Emirates Sukuk Fund No. 1 Ltd has risen 8.5% in the first three months of trading.
Exxon makes first big investment in biofuels (San Francisco Chronicle)
Exxon Mobil Corp. said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with biotech company Synthetic Genomics Inc. to develop transportation fuels from algae. Despite record-breaking profits... Sponsored Topics: ExxonMobil - Greenhouse gas - Biofuel - Synthetic Genomics - Business
Exxon Makes First Big Investment in Biofuels (ABC News)
Exxon Mobil makes first big investment in biofuels; partners with California firm
Exxon makes first big investment in biofuels (AP via Yahoo! News)
Exxon Mobil Corp. said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with biotech company Synthetic Genomics Inc. to develop transportation fuels from algae.
Exxon makes first big investment in biofuels (USA Today)
ExxonMobil said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with biotech company Synthetic Genomics to develop transportation fuels from algae.
Exxon makes first big biofuel investment (MSNBC)
Exxon Mobil Corp. said Tuesday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million partnership with Synthetic Genomics Inc. to develop transportation fuels from algae.
Al-Rajhi Bank Profit Gains 1.7% on Investment Income (Update1) (Bloomberg)
July 14 (Bloomberg) -- Al-Rajhi Bank , the largest lender in Saudi Arabia by market value, said second-quarter profit increased 1.7 percent on higher investment income.
Exxon, a Longtime Biofuel Holdout, Makes a $600 Million Algae Fuel Investment (Fast Company Magazine)
Exxon has long denied plans to move into the biofuel market, but the oil company announced a plan today to invest $600 million in the production of biofuel from algae. As part of the plan, Exxon will partner with Synethetic Genomics, a biotechnology outfit, to develop the fuel. Exxon's algae fuel investment includes $300 million for preliminary studies with Synthetic Genomics, and $300 more if ...
Gazprom cuts investment programs (UPI)
MOSCOW, July 14 (UPI) -- Russian energy monopoly Gazprom has no plans to alter domestic development despite a cut of more than $4 billion from its investment programs, officials say.
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs rose $.22 or .1 percent, to $149.66.
China's foreign investment sinks 18% (Business Day)
China drew $US43b in foreign direct investment in the first six months of 2009, 17.9% less than in the same period a year ago.
Foreign Direct Investment in China Falls 6.8% on Global Slump (Bloomberg)
July 15 (Bloomberg) -- Foreign direct investment in China fell for a ninth month from a year earlier as companies pared spending to weather the global financial crisis.
Foreign direct investment in China falls 6.8 pct (AP via Yahoo! Finance)
Foreign direct investment in China fell in June for the ninth straight month, but the decline narrowed, adding to signs of an economic recovery, the Commerce Ministry said Wednesday.
China’s SAFE Issues New Currency Rules for Outbound Investment (Bloomberg)
July 15 (Bloomberg) -- China’s foreign currency regulator said it will expand the sources of capital Chinese companies can use to fund outbound investment and will allow firms to send investment funds abroad without approval.
Ren may head BNP investment banking biz in China (People's Daily)
Margaret Ren, the former investment banking chairwoman of Merrill Lynch & Co China is set to join BNP Paribas SA to manage its advisory business in China, two people familiar with the situation said. Ren would be the chairwoman and chief executive officer of investment banking for Chinese mainland, Hong Kong and Taiwan, one of the people said, asking not to be identified before an announcement. ...
Exxon makes first big investment in biofuels (Toronto Star)
Exxon Mobil Corp. said yesterday it will make its first major investment in greenhouse-gas reducing biofuels in a $600 million (U.S.) partnership with biotech company Synthetic Genomics Inc. to develop transportation fuels from algae.
China Regulator Relaxes Curbs on Overseas Investment (Update1) (Bloomberg)
July 15 (Bloomberg) -- China’s top currency regulator relaxed curbs on overseas investment by local businesses, allowing more funds to flow abroad after the nation’s foreign- exchange reserves topped $2 trillion for the first time.
Foreign direct investment in China falls 6.8 pct (AP via Yahoo! Finance)
Foreign direct investment in China fell in June for the ninth straight month but the decline was less severe than in May, data showed Wednesday, adding to signs of an economic recovery.
Fifth Street Finance Investment Income Rises (Fox News)
Fifth Street Finance Investment Income Rises
China Regulator Relaxes Curbs on Overseas Investment (Update2) (Bloomberg)
July 15 (Bloomberg) -- China’s top currency regulator relaxed curbs on overseas investment by local businesses, allowing more funds to flow abroad after the nation’s foreign- exchange reserves topped $2 trillion for the first time.
More investment needed in India infrastructure-finmin (Reuters via Yahoo! Asia News)
NEW DELHI, July 15 (Reuters) - India's infrastructure sector requires more investment, Finance Minister Pranab Mukherjee told the parliament on Wednesday.
Inflation risk remains factor in investment plans (Market Watch)
BOSTON (MarketWatch) -- Reports this week that producer and consumer prices rose in June provided more grist for investment professionals who are beating the drum about a potential damaging outbreak of inflation that could hurt unprepared investors.
Management & Capitali May Get Third Bid for Investment Company (Bloomberg)
July 15 (Bloomberg) -- Management & Capitali SpA , an investment company whose biggest shareholder is Italian financier Carlo De Benedetti , may get its third takeover offer in the last month.
Bid to ease Tasman investment (Timaru Herald)
New Zealand and Australia are looking to open the floodgates to investment between the two countries amid growing confidence the worst of the recession might be over.
MALLFINDER NETWORK RECEIVES INVESTMENT TO EXPAND MARKETING SERVICES FOR RETAIL INDUSTRY (dBusinessNews.com)
Denver --- Mallfinder Network LLC secured a private equity investment of $1.9 million from Grindstone Capital to accelerate development of new online, mobile and on-premise marketing services for the shopping center industry.
Report: Acquisition Talks Between AIG Investment Unit and Franklin Templeton Stall (Fox News)
Franklin Templeton Investments has backed away from merger talks with an AIG investment unit.
U.S. looks to private investment for high-speed rail (Reuters via Yahoo! News)
The United States expects significant private investment in high-speed rail in coming years with firms from Europe and Asia -- where bullet and other trains are prominent -- to factor heavily in its development.
U.S. May Lose $2.3 Billion CIT Investment: WSJ (Fox News)
U.S. May Lose $2.3 Billion CIT Investment: WSJ
MAS to intensify supervision of investment products sale (Channel NewsAsia)
SINGAPORE: The Monetary Authority of Singapore (MAS) says it will review and intensify its supervision of financial institutions in the sale of investment products. Speaking at a news conference on Thursday to launch its annual report for the year ending March 2009, MAS managing director Heng Swee Keat said the financial regulator is scrutinising the steps taken by the board and senior ...
Global economic crisis hits investment returns at MAS (Channel NewsAsia)
SINGAPORE: The global economic crisis has hit investment returns at the Monetary Authority of Singapore (MAS).
China simplifies forex rules to boost outbound investment (China Daily)
BEIJING: China's foreign exchange regulator said Wednesday it would loosen its controls on overseas investment procedures and foreign exchange management of domestic companies to boost outbound investment.
China regulator relaxes curbs on overseas investment (Thanh Nien Daily)
China’s top currency regulator relaxed curbs on overseas investment by local businesses, allowing more funds to flow abroad after the nation’s foreign-exchange reserves topped US$2 trillion for the first time.
South Africa: Investec Favours Investment in Bulk Commodities for Second Half of Year (AllAfrica.com)
Johannesburg — INVESTEC Asset Management favours investments in gold, platinum, zinc, corn, sugar, iron ore and natural gas this year but is concerned about the near-term outlook for the prices of crude oil, aluminium and fertilisers, the group's investment team said yesterday.
U.K. Paid Investment Banks 62% More for Bailout Work in 2009 (Bloomberg)
July 16 (Bloomberg) -- The U.K. government paid 11.5 million pounds ($19 million) of fees to investment bankers so far this year, 62 percent more than all of 2008, as it hired advisers to help stabilize the country’s financial system.
D-backs payroll stable with cash investment (Major League Baseball)
D-backs payroll stable with cash investment
U.K. Paid Investment Banks 62% More for Bailout Work in 2009 (Bloomberg)
July 16 (Bloomberg) -- The U.K. government paid 11.5 million pounds ($19 million) of fees to investment bankers so far this year, 62 percent more than all of 2008, as it hired advisers to help stabilize the country’s financial system.
Foreign investment in Myanmar soars (AP via Yahoo! Finance)
Foreign investment in Myanmar swelled sixfold to almost $1 billion in the last fiscal year, most of it coming from China, according to government statistics seen Thursday.
JPMorgan 2Q Profit Up 36%, Beat Views, On Investment Banking (Nasdaq)
JPMorgan Chase & Co.'s (JPM) second-quarter earnings rose 36% on strong investment-banking results, with the profit smashing analysts' expectations like Wall Street titan Goldman Sachs Group Inc. (GS) did Tuesday.
Ecuador: Petroecuador Raises 2009 Investment Budget By 58% (Nasdaq)
QUITO -(Dow Jones)- The state-owned oil company Petroecuador's board has increased by 58% to $1.69 billion the company's investment budget for 2009, the company said late Wednesday.
JPMorgan Profits From Investment Bank; Defaults Rise (Update1) (Bloomberg)
July 16 (Bloomberg) -- JPMorgan Chase & Co. , the second- largest U.S. bank, said profit rose for the first time since 2007 on record investment-banking fees.
Fitch May Downgrade MGIC Investment Corp. (Fox News)
Fitch May Downgrade MGIC Investment Corp.
JPMorgan Chase posts Q2 profit of $2.72B helped by investment banking business (The Canadian Press via Yahoo! Canada News)
CHARLOTTE, North Carolina - JPMorgan Chase&Co. posted a 36 per cent jump in second quarter profit that easily surpassed analysts' expectations as strength in investment banking offset a jump in credit losses.
Zimbabwe: SABMiller's Respectable Returns From Investment (AllAfrica.com)
Harare — SABMILLER'S US$16 million injection into local beverages group Delta Corporation has far given it decent returns, with the latest stock prices indicating the brewers' investment had grown to US$21 million.