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Investment News 10/2009



Investment-Grade Spread Widens Marginally To 231 Basis Points (Thaipr.net)
Standard & Poor's investment-grade composite spread expanded marginally by one basis point yesterday to 231 basis points (bps), while its speculative-grade counterpart remained unchanged at 735 bps. B
Pay jumps for state investment officer (Omaha World-Herald)
The state’s new investment officer will be paid $200,000 a year, a more than 20 percent increase over the previous occupant of the job.
Novelis Officially Opens New Investment at Nachterstedt in Germany (The Auto Channel)
Novelis today marked the official start-up of a major investment at its Nachterstedt plant in Germany, with an opening ceremony attended by customers and other stakeholders.
US Dollar Gains as Japan's Capital Investment Tumbles, Sinking Asian Equities (Euro Open) (Daily FX via Yahoo! Finance)
The US Dollar gained in overnight trading as a selloff on Asian equities exchanges drove demand for the safety-correlated currency after Japan?s Tankan survey revealed that large companies? capital investment fell the most in nearly a decade in the third quarter.
Investment Dar creditors' individual claims 'ongoing' (AME Info)
According to a report by Al-Qabas Arabic daily, several of Kuwait's Investment Dar creditors including National Investments and Kuwait Investment have refused to join an agreement to suspend individual claims, Bloomberg has reported.
Zimbabwe : 'Zimbabwe Investment Destination of Choice' (AllAfrica.com)
Harare — Zimbabwe is the investment destination of choice in Africa and the inclusive Government will continue to build a stable environment for foreign investors, senior officials told a visiting German business delegation yesterday.
Investment cheater in St. Louis gets prison (St. Louis Post-Dispatch)
ST. LOUIS -- A St. Louis investment banker was sentenced Wednesday to 61/2 years in federal prison after he admitted he defrauded his investors to fund his lavish lifestyle.
Atlantia Gets EU500 Mln Financing From European Investment Bank (Bloomberg)
Oct. 1 (Bloomberg) -- The European Investment Bank signed a contract with Italy’s state-controlled lender Cassa Depositi e Prestiti to finance Atlantia SpA’s investment in a highway extension in central Italy, the banks said in a joint e-mailed statement.
HWANGDBS INVESTMENT MANAGEMENT LAUNCHES NEW FUND (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Oct 1 (Bernama) -- HwangDBS Investment Management Bhd has launched its new Global Growth Allocation Fund (GGA) to provide medium to long term capital appreciation for investors with aggressive risk profile.
'West Side Story' recoups $14 million investment (USA Today)
West Side Story has danced into the financial hit column. Its producers say the current Broadway revival has recouped its $14 million investment in less than eight months.
Investment in Endomagnetics Limited (EurekAlert!)
( University College London ) UCL Business PLC has led an initial investment round of £350,000 ($560,000) into Endomagnetics Limited, a spinout company which is commercializing magnetic sensing technology arising from research within the London Centre for Nanotechnology at UCL and the Texas Centre for Superconductivity at the University of Houston. Co-investors in the investment round were the ...
Commercial real estate investment deals in Asia Pacific reach US$17.1b in Q3 (Channel NewsAsia)
SINGAPORE : Total commercial real estate investment transactions in the Asia Pacific region reached an estimated US$17.1 billion in the third quarter of this year, just over 50 per cent higher than the second quarter.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $1.08 or .6 percent, to $183.27. Morgan Stanley fell $.42 or 1.4 percent, to $30.46.
Mediobanca Pulls Out of Talks on Sal. Oppenheim Investment Bank (Bloomberg)
Oct. 1 (Bloomberg) -- Mediobanca SpA has pulled out of talks to buy investment banking activities of Sal. Oppenheim Jr. & Cie., an official for the Italian investment bank said by phone.
Midday Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $3.05 or 1.7 percent, to $181.30. Morgan Stanley fell $.66 or 2.1 percent, to $30.22.
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $5.36 or 2.9 percent, to $178.99. Morgan Stanley fell $1.01 or 3.3 percent, to $29.87.
PTT, Egat plan Bt1.8 trillion investment (The Nation - Thailand's English news)
PTT Group and the Electricity Generating Authority of Thailand (Egat), both major national energy units, yesterday affirmed plans for Bt1.8 trillion of investment from 2010-2014 in order to ensure energy security.
Gold May Gain as Falling Dollar Spurs Investment, Survey Shows (Bloomberg)
Oct. 2 (Bloomberg) -- Gold may gain as a weakening dollar prompts investors to buy the metal as an alternative investment, a survey showed. Eleven of 24 traders, investors and analysts surveyed by Bloomberg, or 46 percent, said bullion will rise next week.
EPFO's investment in markets opposed (rediff.com)
Trade union representatives on Friday said they will strongly oppose the proposal allowing EPFO to park part of its fund in the capital market when the issue comes up for final decision at key advisory body finance and investment committee next week.
HwangDBS Investment M'gment launches new fund (Sabah Daily Express)
Kuala Lumpur: HwangDBS Investment Management Bhd has launched its new Global Growth Allocation Fund (GGA) to provide medium to long term capital appreciation for investors with aggressive risk profile.
Your Funds: Solid investment a lot like love commitment (Arizona Daily Star)
You should never fall in love with an investment, but making a long-term commitment can be a good thing.
Thai-Lao agreement to boost agricultural trade & investment (The Nation - Thailand's English news)
Thailand and Laos will set up a joint committee to facilitate bilateral trade and investment in agricultural products, in line with the liberalisation under the Asean Free Trade Area (AFTA).
Industrial deadlock 'hurts investment' (Bangkok Post - Thailand's English news)
Even though the ongoing industrial legal deadlock will have only a minimal impact on economic recovery it could cause long-term damage to the country’s investment climate, Pornpimon Mahaschariyawong, assistant president at Kasikorn Research Centre, said on Friday.
Uganda Government Would ‘Welcome’ Further Chinese Investment (Bloomberg)
Oct. 2 (Bloomberg) -- Uganda would welcome further investment in the country by China, which has already invested in “many” areas that have failed to attract interest from other foreign investors, the Uganda Investment Authority said.
NewMarket Technology, Inc. Publishes Business Plan 101 With Candid Investment Potential Perspective as Company Enters ... (Marketwire)
CEO Letter to Shareholders Details Company's Emerging Market and Innovative Technology Differentiation With Over-the-Counter Investment Strategy Case Study
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $2.42 or 1.4 percent, to $176.57. Morgan Stanley fell $.96 or 3.2 percent, to $28.91.
Investment in clean technology declined in 3Q (AP via Yahoo! News)
A London-based research firm says third-quarter overall investment dipped for the clean technology sector which was hampered by a lack of access to credit markets.
Investment in clean technology declined in 3Q (San Francisco Chronicle)
A London-based research firm says third-quarter overall investment dipped for the clean technology sector which was hampered by a lack of access to credit markets. New Energy Finance reported Friday that global investment in cleantech was about $25.9 billion... Sponsored Topics: cleantechnology - Investment - Renewable energy - Business - Investing
Midday Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at noon: Goldman Sachs rose $.31 or .2 percent, to $179.30. Morgan Stanley fell $.66 or 2.2 percent, to $29.21.
Report: Global cleantech investment down 22% in 3Q (AP via Yahoo! News)
New global investment in clean-energy companies fell 22 percent in the third quarter as government financing was offset by tight credit markets, according to new research released Friday.
Report: Global cleantech investment down 22% in 3Q (San Francisco Chronicle)
New global investment in clean-energy companies fell 22 percent in the third quarter as government financing was offset by tight credit markets, according to new research released Friday. From July to September, new global investment totaled $25.9 billion,... Sponsored Topics: Business - Investment - Bond market - Green energy - Investing
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 $.62 or .3 percent, to $179.61.
Clean tech a good investment (Straits Times)
LOS ANGELES - THE United Nations scientist whose report set the global standard for climate change sees biofuels as a good investment bet and advised on Friday that people eat less meat to help curb global warming. In an interview on what individuals in developed countries can do to slow climate change and profit in the process, Rajendra Pachauri, chairman of the Intergovernmental Panel on ...
Global investment in clean energy declines in third quarter (People's Daily)
Investors worldwide injected 25.9 billion U.S. dollars in clean energy development in the third quarter, down 22 percent from the same quarter last year, a research group said on Friday. The investment was 9 percent less than the second quarter's 28.6 billion dollars, but almost double the 13.3 billion invested in the first quarter, when the sector suffered a collapse, London-based New Energy ...
Workforce investment board meets 5: 30 p.m. Oct. 15 at C-GCC (Register-Star)
The Columbia Greene Workforce Investment Board meeting will be held 5:30 p.m. Thursday, Oct. 15, at Columbia Greene Community College –Room 105 A & B of the Main Building. This meeting is open to the public; any interested community member may attend.
Gov't prepares R&D bill and investment program (Manila Bulletin)
The presidential coordinating council on research and development (R&D) will release in three months a draft of a sustained R&D investment program that will meet the United Nation’s recommended one percent of gross domestic product (GDP) and one that can transcend changes in administration.
Clean tech good investment says IPCC chief R.K. Pachauri (AsiaOne)
LOS ANGELES, US - The United Nations scientist whose report set the global standard for climate change sees biofuels as a good investment bet and advised on Friday that people eat less meat to help curb global warming.
RAKIA, Al Hamra Real Estate and Rakeen Development to promote Ras Al Khaimah as a world-class investment and tourist ... (Zawya)
03 October 2009 Ras Al Khaimah Investment Authority ( RAKIA RAKIA ), Al Hamra Real Estate Al Hamra Real Estate and Rakeen Rakeen will leverage the growing global interest in Ras Al Khaimah as a leading business investment and tourism destination during their participation at Cityscape Dubai 2009. The three entities will collectively showcase a selection of world-class residential and mixed-use ...
Uncertainty blocking investment in Zim: Rio (The Financial Gazette)
ZIMBABWE will not see new investment in its mining sector unless uncertainty over a mining law and fiscal policy is resolved, Niels Kristensen, head of Rio Tinto’s diamond unit in the country said last week.
Kuwait’s Investment Dar Hires Mike Grant to Reorganize Debt (Bloomberg)
Oct. 4 (Bloomberg) -- Investment Dar Co., the Kuwait-based co-owner of carmaker Aston Martin Lagonda Ltd., has named Mike Grant as chief restructuring officer to help reorganize its debt after the company defaulted on borrowings.
Hart predicts new investment soon as Pompey win at last (AFP via Yahoo! News)
Portsmouth manager Paul Hart believes his crisis-hit club can finally look forward to a brighter future with substantial new investment set to follow their first win of the season.
Investment Losses Will Cost Iowa Cities (KELO Sioux Falls)
Nearly 50 Iowa cities that participate in Iowa will pay more for their employees due to investment losses.
Investment mission in Vietnam (Straits Times)
HANOI - BRITAIN'S Prince Andrew is to arrive in Vietnam on Monday to give a royal boost to his country's trade and investment profile, British authorities said. During his two-day trip, the prince is to meet Prime Minister Nguyen Tan Dung and other officials, and visit Vietnamese and British businesses including Rolls-Royce and HSBC, UK Trade and Investment said in a statement.
TABLE-Estimates for Global Investment House Q3 earnings (Reuters via Yahoo! Philippines News)
October 4 (Reuters) - Following are third-quarter estimates for Global Investment House in millions of Kuwaiti dinars.
Qatar Nat'l Bank denies investment in Iran oil field (Reuters via Yahoo! Philippines News)
DUBAI, Oct 4 (Reuters) - Qatar National Bank (QNB) on Sunday it had not signed a deal to finance or was considering any investment in Iran's Esfandiar oil field.
Investment Dar Appoints Chief Restructuring Officer (Zawya)
Kuwait City , 4 October 2009: As referred to in its announcement last week, The Investment Dar The Investment Dar Co. K.S.C.C. now announces the appointment of Mike Grant, as Chief Restructuring Officer to the Company on a consultancy basis to assist the Company with its ongoing financial restructuring.
Baniyas Investment and Development signs up Carrefour at Bawabat Al Sharq Mall (Mena Report)
Baniyas Investment and Development Company (BID) – the investment arm of Bani Yas Sports Club – has recently signed up leading French chain Carrefour as the anchor hypermarket for its destination mall at Bawabat Al Sharq in Bani Yas, Abu Dhabi.
Investment Dar to reorganise its debt (AME Info)
Kuwait-based Investment Dar has appointed Mike Grant as Chief Restructuring Officer to help reorganise its debt after the company defaulted on borrowings, Bloomberg has reported.
(AFX UK Focus) 2009-10-04 08:17 Qatar Nat'l Bank denies investment in Iran oil field (Interactive Investor)
DUBAI, Oct 4 (Reuters) - Qatar National Bank (QNB) on Sunday it had not signed a deal to finance or was considering any investment in Iran's Esfandiar oil field. Iran said on Saturday QNB would invest 400 million euros ($581.4 million) to finance the development of the oil field, Oil Ministry website SHANA quoted a senior official as saying. "Concerning the investment by QNB for the development ...
Report: Global clean tech investment down (Reno Gazette-Journal)
While new global investment in clean-energy companies fell 22 percent in the third quarter as government financing was offset by tight credit markets, private investment in geothermal energy in Nevada will be aggressively pursued this week.