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Investment News 08/2009 (Page 5)



Man accused of investment scheme allowed to leave the country (Las Vegas Review-Journal)
A Las Vegas man accused of swindling elderly residents in a real estate investment scheme handed over a $200,000 check and was given back his passport this morning.
Vital investment (the Engineer)
Technology firms KeTech and Vamosa are the first to benefit from a UK government-backed fund providing vital investment to innovative small businesses.
Why Investment Guru Barton Biggs Is Bullish on Recovery (Time Magazine)
Former Morgan Stanley investment guru and now hedge-fund manager Barton Biggs says the world economy is about to take off
Compromising with your spouse on your investment portfolio (Money via Yahoo! Finance)
Question: I'm 49 and my wife is 50. We agree on most things, except how much of our investment portfolio we should keep in cash. She is completely risk-averse and focuses only on the "spanking" we took in the market last year.
Apollo Investment prices 18M-share offering (AP via Yahoo! Finance)
Apollo Investment Corp. said Thursday that it has priced its public offering of 18 million shares of its common stock at $8.75 each, a 5 percent discount to the stock's $9.25 closing price.
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 $.72 or .4 percent, to $164.48.
Family Finances: Check your U.S. savings bond investment (Pittsburgh Post-Gazette)
How, you might wonder, are we able to earn a 5.45 percent yield on a U.S. government-backed investment in the current low-rate environment?
Aegon raises 1 billion euros through shares to repay state investment (Channel NewsAsia)
THE HAGUE: Dutch insurer Aegon raised one billion euros Thursday by issuing shares to repay part of a state investment after reporting a second-quarter loss of 161 million euros (US$229 million).
Canadian bank eyes AIB investment (RTÉ News)
AIB is reported to have been approached by a big Canadian bank with a view to making some form of investment in it. It is understood that the conditional approach was made in the past fortnight.
Merkel-Medvedev to discuss investment, rights (Reuters via Yahoo! Asia News)
* Medvedev, Merkel to focus on investment projects
Merkel and Medvedev to discuss investment (Reuters via Yahoo! News)
Boosting Russian investment in Germany and human rights in Russia will be high on the agenda when the leaders of the two countries meet in the Black Sea resort of Sochi on Friday.
Arafura endorses Chinese investment (The Age)
The board Arafura Resources Ltd has endorsed a Chinese state-backed group's proposed $22.94 million investment that will double its stake in the explorer.
G.M.’s Investment Unit to Attract Pay Scrutiny (New York Times)
A group of employees in General Motors ’s investment management division in New York, where top earners make $2 million to $3 million a year, are coming under sharp scrutiny by the Obama administration’s pay czar, Kenneth Feinberg , The New York Times’s Louise Story reported.
ASEAN GOVTS SHOULD IMPROVE INVESTMENT ENVIRONMENT, SAYS MUSTAPA (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Aug 14 (Bernama) -- Asean governments should improve their investment environment to increase intra-Asean investment as well as collaborate to undertake joint promotions in third countries, International Trade and Industry Minister Datuk Mustapa Mohamed said today.
Allied Irish Banks Said to Get Investment Offer (New York Times)
A major Canadian bank has proposed to take a stake in Allied Irish Banks , The Irish Times reported. The investment would take place only after AIB’s development loans move to the National Asset Management Agency, a government-backed vehicle.
Early Glance: Investment Banks companies (INO News)
(AP:NEW YORK) Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $2.57 or 1.6 percent, to $161.91. Morgan Stanley fell $.43 or 1.4 percent, to $29.45.
Investment adviser raided by securities regulator (CBC Montreal)
CBC News has learned that Quebec's securities regulator has raided the offices of an unregistered investment manager in Montreal.
Orchard Press makes Friedheim folder investment (PrintWeek)
Catalogue and brochure printer Orchard Press has made its first hardware investment in nearly three years in an MBO folder from Friedeim.
Pzena Investment announces favorable court ruling (AP via Yahoo! News)
Pzena Investment Management Inc. said a federal appeals court upheld a lower court's dismissal of lawsuits alleging securities violations by the asset manager during its 2007 initial public offering.
FEATURE-World Bank hails investment in Ugandan farming (AlertNet)
Source: Reuters * Investment increases scale, output of African farms * Guidelines needed to stop poor farmers losing land * Rich nations pledged $20 billion investment * Middle East importers invest in Africa ...
Qatar Holding LLC Acquires Major Investment in German Automotive Companies (ITNews)
DOHA, Qatar, August 14 /PRNewswire/ -- - Investment Commitment Exceeds EUR7 Billion, Qatar Holding to own 17% Stake in Volkswagen AG and 10% Stake In Porsche SE Qatar Holding LLC ("Qatar Holding") announced today that it has reached a final agreement with Porsche Automobil Holding SE ("Porsche" or "PSE") and the family shareholders of Porsche on Qatar Holding's investment in Volkswagen AG ...
ASEAN AND CHINA SIGN INVESTMENT AGREEMENT (Bernama via Yahoo! Malaysia News)
BANGKOK, Aug 15 (Bernama) -- Asean and China, with a combined gross national product (GNP) of close to US$6 trillion and a market of 1.9 billion people, today signed a significant investment agreement to boost their economic ties.
Qatar Holding acquires major investment in German automotive companies (AME Info)
Qatar Holding LLC announced today that it has reached a final agreement with Porsche Automobil Holding SE (Porsche or PSE) and the family shareholders of Porsche on Qatar Holding's investment in Volkswagen AG (Volkswagen or VW), Porsche and the integrated car manufacturing group which is expected to result from the combination of VW and Porsche.
China signs investment agreement with ASEAN (The Nation - Thailand's English news)
China and the Association of South-East Asian Nations(ASEAN) on Saturday signed an investment pact that provides guarantees against nationalization, riots and disputes and was expected to boost investment.
Boost for intra-Asean investment (The Nation - Thailand's English news)
The 41st Asean Economic Ministers (AEM) Meeting yesterday endorsed a plan to promote investment by multinational Asean firms within the region.
Bangkok Post : Asean to sign investment deal with China today (Bangkok Post - Thailand's English news)
The investment agreement between the Association of Southeast Asian nations (Asean) and China will be officially signed today, an informed source said on Saturday.
China-ASEAN Investment Agreement signed (People's Daily)
China's Commerce Minister Chen Deming and the economic ministers from 10 ASEAN member states Saturday morning signed the ASEAN-China Investment Agreement during the 41st ASEAN Economic Ministers Meeting (AEM) and related meetings here. The signing of the investment agreement, together with already-signed China-ASEAN agreements of the trade in goods and services, completed the negotiation process ...
ASEAN And China Sign Investment Agreement (Bernama)
BANGKOK, Aug 15 (Bernama) -- Asean and China, with a combined gross national product (GNP) of close to US$6 trillion and a market of 1.9 billion people, today signed a significant investment agreement to boost their economic ties.
Asean-China Ink Investment Pact, $25 Billion Credit Deal (Nasdaq)
BANGKOK -(Dow Jones)- Southeast Asian nations signed an investment agreement with China, including $25 billion in credit facilities Saturday.
ASEAN, China sign investment agreement to boost trade (Channel NewsAsia via Yahoo! Singapore News)
SINGAPORE: ASEAN and China signed an investment agreement on Saturday, completing negotiations for an ASEAN—China Free Trade Area (ACFTA).
Investment in Venezuela-Russia oil JV estimated at $30 bln (Russian Information Agency Novosti)
ST. PETERSBURG, August 15 (RIA Novosti) - A planned Russian-Venezuelan joint venture to develop Venezuela's Junin-6 oil field, will need an estimated $30 billion in investment, Russia's Deputy Prime Minister said on Saturday.
Ivchenko: Government blamed for populism, hindering of reforms in investment, innovation sphere (KYIV Post)
The creation of a civilized market infrastructure and innovative reformation of the Ukrainian economy are not among top-priorities of the cabinet headed by Yulia Tymoshenko, according to the former head of the state agency for investment and innovation, Viktor Ivchenko.
Asean-China pact will boost two-way investment (The Nation - Thailand's English news)
Investment between Asean and China is expected to soar between 40 and 60 per cent in the next two years, after the implementation of the Asean-China Investment Agreement in January.
China signs pact with Asean to boost investment (The Malaysian Insider)
BANGKOK, Aug 16 — China and Asean took a major step yesterday to broaden economic cooperation by signing an agreement to promote investment. The investment pact is the third free trade agreement (FTA) concluded between China and the 10-member Asian regional group, following separate FTAs on trade in goods that took effect from mid-2005, and on services two years later. China is the ...
Eastday-China-ASEAN Investment Agreement signed (Eastday.com)
China's Commerce Minister Chen Deming and the economic ministers from 10 ASEAN member states Saturday morning signed the ASEAN-China Investment Agreement during the 41st ASEAN Economic Ministers Meeting (AEM) and related meetings here.
Fine wines a top investment (The West Australian) (The West Australian)
Those buying dusty bottles of cabernet sauvignon from the South-West could be making a better investment than putting their hard-earned money into the sharemarket.
Carbon cap could hurt investment - loggers (NZPA via Yahoo!Xtra News)
A government move to put a cap on the price of carbon as part of its changes to the emissions trading scheme would shut down private investment in new forest planting, the industry says.
Securities & Investment Company announces healthy second quarter profits (Mena Report)
Bahrain-based Securities & Investment Company (SICO) announced today a net profit of BD 1.10 million for the second quarter of 2009 compared to a loss of BD 167 thousand for the first quarter. Net profit for the corresponding period last year was BD2.25 million.
Rakeen and RAKIA establish pioneering integrated investment package for foreign investors (Mena Report)
Rakeen, one of the region's most dynamic property developers and master planners, has recently announced that it has partnered with Ras Al Khaimah Investment Authority (RAKIA) to establish RAK Business Invest, a pioneering initiative that offers foreigners as well as UAE residents an unprecedented opportunity to invest in the UAE and own a luxurious residential unit through a single transaction.
Global Investment House: Kuwait market lost 2.92% in July-2009 (Mena Report)
Global Investment House – Kuwait - The Kuwait Stock Exchange (KSE) lost 2.92% during the month of July 2009 as “Global” General Index ended the month at 211.36 points.
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, ...
Legislators want more details on Permanent Fund investment changes (Fairbanks Daily News-Miner)
FAIRBANKS — Several legislators still irritated by an apparent lack of communication concerning the Permanent Fund Corporation’s new investment strategy peppered senior managers with questions at a hearing Friday.
Sablan seeks fed investigation on 'investment scam' (Saipan Tribune)
In his first town hall meeting on Saipan Friday night, Delegate Gregorio Kilili C. Sablan (D-MP) spoke not only of his request to the U.S. Attorney's Office to prosecute people involved in an alleged investment scam that falsely promotes the CNMI in South Korea, but also shared his support of granting improved immigration status to long-term nonresident workers.
Aust, China to reach investment deal (Sky News Australia)
The government of China will reach investment agreements under free-trade areas with Australia and New Zealand in the near future.
Aust, China to reach investment deal (BigPond News)
The Chinese govt will reach investment agreements under free-trade areas with Australia and NZ.
Foreign direct investment fall in China (AFP via Yahoo! News)
Foreign direct investment in China dropped 35.7 percent year-on-year in July for the 10th straight monthly fall, the commerce ministry said Monday.
Foreign Direct Investment in China Fell 35.7% in July (Update1) (Bloomberg)
Aug. 17 (Bloomberg) -- Foreign direct investment in China fell for a tenth straight month in July as companies stalled expansion plans amid the global financial crisis.
China records 36pc fall in foreign investment (AFP) (The West Australian)
Foreign direct investment in China dropped 35.7 per cent year-on-year in July for the 10th straight monthly fall, the commerce ministry says.
China says foreign investment fell 35.7 percent (AP via Yahoo! Finance)
The fall in China's foreign direct investment accelerated in July, the tenth straight month of decline amid the global economic downturn, the Commerce Ministry said Monday.
Investment in China drops for 10th month (The Age)
China suffered its tenth straight monthly fall in foreign direct investment (FDI) in July. However, the country sees good news ahead on the export front.