Home > Investment News

Investment News 08/2009



SC appoints Wong executive director of issues and investment division (The Star)
PETALING JAYA: The Securities Commission (SC) has appointed Eugene Wong Weng Soon executive director of the Issues and Investment Division, effective today.
Women’s investment group (Lone Tree Voice)
Lorena Tankersley, founder of Women Investment Group, has made it her mission to help women increase their financial IQ by increasing their real estate investments. A member of Keller Williams, Park Meadows, she joins the team with both professional and personal experience.
Go for recession chic for simple pleasure of a 52% investment return (BusinessDay)
HOW is this for an investment strategy for the downturn? Invest in what the president likes. I came across two attempts by media figures this week to invest in the Obama presidency, the first worked and the second didn’t.
WSU investment returns drop (The Wichita Eagle)
Investment returns for the Wichita State University Foundation were down almost 21 percent for the last fiscal year, the school reported Friday.
Tsvangirai calls for SA investment (Mail and Guardian)
The map will replace this text. If any users do not have Flash Player 8 (or above), they'll see this message. Zimbabwean Prime Minister Morgan Tsvangirai has called for South African investment in his country.
Women’s investment group (Lone Tree Voice)
Lorena Tankersley, founder of Women Investment Group, has made it her mission to help women increase their financial IQ by increasing their real estate investments. A member of Keller Williams, Park Meadows, she joins the team with both professional and personal experience.
Developing investment strategy for region (The Digby County Courier)
A consulting firm hired by the Annapolis Digby Economic Development Agency is developing a new five-year investment strategy for the region. The Downeast Group will work with local business and community stakeholders to conduct an assessment of the regional economy's current environment. A statement released by Downeast said it would identify priority sectors for future growth and craft ...
German-based Catholic bank admits it made 'investment errors' (EARTHtimes.org)
Cologne - A German-based Catholic bank, advertising its supposedly ethical investment policies, admitted Saturday that it had invested money in defence and tobacco companies as well as a contraception manufacturer. We regret it, and will immediately...
Rs 4792 cr Capital Investment in 5-years (Central Chronicle)
By Our Staff Reporter Bhopal, Aug 1: Capital investment to the tune of Rs 4791.74 crore has been made in the state during the last five years. As many as 89 big industries were established, in which 15000 persons got direct employment.
There is no investment wizard (The Post and Courier)
A study of the most respected investment newsletters shows that the pros might have been right in one of the last two market crashes, but typically not both. And in the good times, they generally got it wrong, too.
Man pleads guilty in Ill., Ind. oil well investment scheme (Evansville Courier & Press)
A Richland County, Ill., man has entered a guilty plea in U.S. District Court to charges he operated a fraudulent oil well investment scheme, scamming as many as 16 investors in Illinois and Indiana out of approximately $343,796.
Investment promotion conference scheduled on 5/8 in Nam Dinh, Thai Binh (Vietnam Net)
VietNamNet Bridge - A conference on investment promotion in Nam Dinh and Thai Binh provinces is due to open on August 5 in Nam Dinh city with the aim of attracting more investors at home and abroad.
Women’s investment group (Lone Tree Voice)
Lorena Tankersley, founder of Women Investment Group, has made it her mission to help women increase their financial IQ by increasing their real estate investments. A member of Keller Williams, Park Meadows, she joins the team with both professional and personal experience.
Central economic zone investment hits $2 billion (Việt Nam News)
HA NOI — The Chan May-Lang Co Economic Zone in the central province of Thua Thien-Hue has attracted 33 investment projects totalling a registered capital of more than VND31 trillion (US$1.9 billion), according to the zone’s management board.
VN investment companies urge better management (Việt Nam News)
HCM CITY — Companies seeking capital from investment fund firms must improve their managerial capacity, business leaders said yesterday during a meeting at HCM City’s Majestic Hotel.
Financial planning: Smart asset allocation critical for investment success (The Fort Collins Coloradoan)
Study after study has concluded that one of the critical elements of investment success is asset allocation. In designing an asset allocation an investor needs to consider his/her age, goals, and risk tolerance. The investment portfolio should be diversified and rebalanced periodically. The often-recommended neutral allocation of 60 percent equity and 40 percent fixed income (bonds and CDs) may ...
Prime Minister Nguyen Tan Dung on Saturday praised Thua Thien-Hue Province for its efforts to draw investment to the ... (Thanh Nien Daily)
The government expects the zone to act as a catalyst for economic growth in the central region. Dung made his remarks on a visit to the economic zone (EZ) to witness the launch of two major investment projects worth nearly US$947 million.
Investment Guru Steven Mandel and Company Insiders Selling VistaPrint Ltd. Shares (Guru Focus)
(GuruFocus, August 2, 2009 ) Investment Guru Steven Mandel has sold almost 90% of his position in online supplier of graphic design and printing company VistaPrint Ltd. ( VPRT ). GuruFocus data shows that Mandel sold 89.8% of his stake in VPRT at the price of $40.7 per share on July 21, 2009. He only held 26,339 shares after the sale. VistaPrint is the leading online supplier of graphic design ...
Etisalat Interested in Sri Lanka Investment (Cellular-News.com)
Etisalat is reported to be considering an investment in Sri Lanka now that the military aspect of its decades long civil war has largely concluded.
NRI businessman arrested in 80-mn pound investment fraud (Hindustan Times)
An NRI businessman, who allegedly masterminded 80-million-pound fraud investment operation, has been arrested for duping around 600 people, including celebrities like former England cricketer Darren Gough, actress Francis de la Tour and singer Jerome Flynn.
NRI businessman arrested in 80-mn pound investment fraud (The Economic Times)
NRI businessman arrested in 80-mn pound investment fraudNRI businessman arrested in 80-mn pound investment fraud
Falling private investment concerns govt (Business Times (Malaysia))
THE government is concerned over the declining trend in private investment, Minister of Finance II, Datuk Seri Ahmad Husni Mohamad Hanadzlah said.
Israel's Koor ups CS stake, investment size (Reuters via Yahoo! Asia News)
JERUSALEM, Aug 2 (Reuters) - Israeli holding company Koor Industries said it had again raised its stake in Credit Suisse and that its board had approved an increase of an investment of up to 6 billion shekels ($1.58 billion) in the bank.
NRI businessman held in £80-mn investment fraud (Central Chronicle)
Agencies London, Aug 2: An NRI businessman, who allegedly masterminded £80-million fraud investment operation, has been arrested for duping around 600 people, including celebrities like former England cricketer Darren Gough, actress Francis de la Tour and singer Jerome Flynn.
(AFX UK Focus) 2009-08-02 18:15 Israel's Koor ups CS stake, investment size (Interactive Investor)
JERUSALEM, Aug 2 (Reuters) - Israeli holding company Koor Industries said it had again raised its stake in Credit Suisse and that its board had approved an increase of an investment of up to 6 billion shekels ($1.58 billion) in the bank. Koor, a subsidiary of IDB Holding Corp, said in a statement it now held 30.28 million shares for which it paid 4.8 billion shekels ($1.3 billion). The stake was ...
Hawaii commercial real estate investment plunges 44% (BizJournals)
The dollar volume for commercial real estate investment in Hawaii for the first six months of 2009 dropped by nearly half from the first half of 2008, according to a new report.
Thai c.bank may ease rules on investment abroad (Reuters via Yahoo! Philippines News)
BANGKOK, Aug 3 (Reuters) - The Bank of Thailand may further ease rules on investment overseas to help reduce upward pressure on the baht caused by capital inflows, Governor Tarisa Watanagase said on Monday.
Koor to Raise Investment in Credit Suisse to 6 Billion Shekels (Bloomberg)
Aug. 3 (Bloomberg) -- Koor Industries Ltd. said its board approved to raise the investment frame in Credit Suisse Group AG to 6 billion shekels from 5 billion shekels, according to an e- mailed statement from the company late yesterday.
OFGEM: GBP6.5 Billion Investment Plan To Boost Customer Service (Nasdaq)
LONDON -(Dow Jones)- OFGEM, the Office of the Gas and Electricity Markets, announced Monday GBP6.5 billion of investment proposals to boost customer service and cut carbon from regional electricity networks.
Barclays Profit Rises 10% As Investment Bank Grows (Fox News)
Barclays Profit Rises 10% As Investment Bank Grows
Investment banking drives Barclays profit up 10% (Market Watch)
U.K. bank Barclays' first-half net profit rises 10%, as growth from its investment banking arm helps offset rising bad-debt charges, though the result falls short of market expectations.
The ALE Property Group (ASX:LEP) - Leading REIT Providing Strong Investment Returns with Low Risk (ITNews)
The Ale Property Group, established in November 2003, is a leading real estate investment trust (REIT) with a portfolio of over 100 pubs across the five mainland states in Australia.
Barclays Earnings Rise 10% on Investment Banking (Update2) (Bloomberg)
Aug. 3 (Bloomberg) -- Barclays Plc , the U.K.’s second- Biggest lender, said first-half earnings rose 10 percent as profit from investment banking almost doubled.
Jordan: Zara Investment (Holding) Company reports 2009 interim financial results (Mena Report)
Zara Investment (Holding) Company (Ticker: Zara) announced the reviewed financial results of its operations for the first half of 2009. Zara reported consolidated gross operating revenue of JD 36.7 million for the first half of 2009, a decrease of 2.5% as compared to the second quarter of 2008; consolidated gross operating profits of JD 13.6 million declined 11.4% over the same period of 2008, ...
Schroder Investment Management selects IT2 TMS (Finextra)
IT2 Treasury Solutions Limited announces that Schroder Investment Management Limited has selected IT2 to provide an integrated solution for their ...
Bangkok Post : Investment rules to ease (Bangkok Post - Thailand's English news)
Investment rules to easeThe Bank of Thailand is prepared to fully liberalise overseas investment rules for Thai nationals.
Barclays Earnings Rise 10% on Investment Banking (Update4) (Bloomberg)
Aug. 3 (Bloomberg) -- Barclays Plc , the U.K.’s second- biggest lender, said first-half earnings rose 10 percent as profit from investment banking almost doubled.
MGIC delays investment in subsidiary (BizJournals)
Private mortgage insurer Mortgage Guaranty Insurance Corp. said it is delaying a contribution of capital into a subsidiary for the purposes of writing new insurance and now expects the total investment to be less than previously announced. (MTG)
Foreign Investment By Chilean Firms Falls 55% To $835 Million In 1st Half (Nasdaq)
SANTIAGO -(Dow Jones)- Foreign investment by Chilean companies fell 55% to $ 835 million in the first half compared with the year-earlier period, the lowest amount in the first six months of any year since 2003.
Coca-Cola to Expand Investment in Philippines (Beverage World)
NEW YORK—Global beverage giant Coca-Cola has joined the billion dollar club of investors in the Philippines in an expansion plan expected to boost further the investment climate in the country amidst the global economic downturn.
Washington Real Estate Investment Trust sells Rockville property (BizJournals)
Washington Real Estate Investment Trust unloaded Brandywine Center in Rockville for $3.3 million. (WRE)
Strong pound harms investment returns (Financial Times)
Investors in overseas investment funds have seen their returns harmed by a strong pound, according to figures from Interactive Investor. The financial website’s research found that investors in an American fund would have lost over 5 per cent, despite a 9.3 per cent market return year-to-date.
Australia to Reform Foreign Investment Screening, Sky Says (Bloomberg)
Aug. 4 (Bloomberg) -- Australian Treasurer Wayne Swan said the country’s foreign investment screening process will be reformed. The comments were reported by television broadcaster Sky News.
Australia to Cut Foreign Investment Compliance Costs (Update1) (Bloomberg)
Aug. 4 (Bloomberg) -- Australia will cut the compliance costs of its foreign investment screening framework to make it a more competitive place to invest, Treasurer Wayne Swan said.
Australia to ease investment rules after China saga (Reuters via Yahoo! Malaysia News)
* Australia to ease foreign investment rules
Australia lowers foreign investment hurdle (Sydney Morning Herald)
Treasurer Wayne Swan announces an easing of foreign-investment rules as Australia looks to reassure investors that its door was open despite recent tensions over Chinese investment.
Investment scams take fraud bill to $100m (The Age)
More than $100 million has been stolen through fraud this year as the market crash reveals investment scams.
Shenzhen Investment sells $144 mln shares at discount (Reuters via Yahoo! Malaysia News)
HONG KONG, Aug 4 (Reuters) - Property developer Shenzhen Investment Ltd <0604.HK> said on Tuesday that it will sell HK$1.12 billion (US$144 million) worth of new shares at a discount to its controlling shareholder, to raise general working capital.
President cheers new GI Bill as "investment" in the U.S. (Denver Post)
President Obama on Monday called a new GI Bill offering college tuition assistance to veterans of the wars in Iraq and Afghanistan "an investment in our own country."
BNP Paribas Net Rises on Fortis, Investment-Banking (Update1) (Bloomberg)
Aug. 4 (Bloomberg) -- BNP Paribas SA , France’s largest bank, reported an increase in second-quarter profit, helped by the acquisition of Fortis assets and higher investment-banking revenue.