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Investment News 12/2009 (Page 5)



Dhaka seeks $5 bn foreign investment in power sector (MalaysiaNews.net)
Dhaka, Dec 13 (IANS) Officials Sunday left for London to bid for $5 billion foreign investment in Bangladesh's cash-strapped power sector. They will also visit Singapore and the US next month.
Govt releases investment proposals paper (Brisbane Times)
The Rudd government is outlining proposals to make investment easier in the managed funds and life insurance industries.
Dhaka seeks USD 5 bn foreign investment in power sector (New Kerala)
Dhaka, Dec 13 : Officials Sunday left for London to bid for USD 5 billion foreign investment in Bangladesh's cash-strapped power sector. They will also visit Singapore and the US next month.
Investing in investment (Otago Daily Times)
This week the Government will invite us to think in two different ways about investment. One invitation is implicit and the other explicit. The implicit one will come late in the week from Simon Power and other social services ministers on the "drivers of crime".
10 investment themes for 2010 (USA Today)
What panelists see happening in stocks and bonds for 2010 -- and how investors can take advantage.
Govt releases investment proposals paper (BigPond News)
The Rudd government is set to make investment easier in managed funds and life insurance industries.
AOL in talks with Russian investment firm on ICQ (Reuters via Yahoo! News)
AOL is in talks to sell its ICQ instant-messaging service to Russian investment firm Digital Sky Technologies, The Wall Street Journal reported on Sunday, citing people familiar with the matter.
Morgan Stanley names former Merrill president Gregory Fleming as head of investment management (Minneapolis-St. Paul Star Tribune)
NEW YORK - Morgan Stanley said Sunday it has named former Merrill Lynch & Co. President and Chief Operating Officer Gregory J. Fleming as head of its investment management business.
Irresponsible Chinese investment claims (BigPond News)
Deputy Prime Minister Julia Gillard says opposition calls for a ban on Chinese investment are irresponsible.
Irresponsible Chinese investment claims (Sky News Australia)
Opposition calls for a ban on Chinese investment in Australia are irresponsible and contrary to the national interest, Deputy Prime Minister Julia Gillard says.
Morgan Stanley names former Merrill president Gregory Fleming as head of investment management (MalaysiaNews.net)
NEW YORK - Morgan Stanley said Sunday it has named former Merrill Lynch & Co. President and Chief Operating Officer Gregory J. Fleming as head of its investment management business.Fleming, 46, will ...
Kospi to Reach Highs in 2010, International Investment Says (Bloomberg)
Dec. 14 (Bloomberg) -- South Korea’s benchmark Kospi index may set a new high next year, helped by an economic expansion and growth by exporters including technology companies, International Investment Advisers said.
Rwanda : Country, China Sign Pact on Trade and Investment (AllAfrica.com)
Kigali — The Rwanda Development Board (RDB) Friday signed a Memorandum of Understanding (MoU )with Zhejiang Province of China on strengthening and increasing trade and investment relations between the two countries.
Zain Bahrain wins Telecoms Technology Investment of the Year Award (AME Info)
Zain's operation in Bahrain, has won the Best Telecoms Technology Investment of the Year Award for its investment in the launch of the region's first Long Term Evolution (LTE) technology.
Ban on Chinese investment contrary to Australian interest: Deputy PM (People's Daily)
Australian Deputy Prime Minister Julia Gillard on Monday said the opposition's calls for a ban on Chinese investment in Australia are irresponsible and contrary to the national interest. National's senator and opposition finance spokesman Barnaby Joyce last week warned against Chinese state-owned companies investing in the Australian resources sector. Gillard spoke to reporters after meeting ...
Morgan Stanley has tapped former Merrill Lynch president Gregory Fleming to run its investment management arm. (eFinancial News)
Morgan Stanley has tapped former Merrill Lynch president Gregory Fleming to run its investment management arm.
Haymarket Financial to Target Non-Investment Grade Borrowers (Bloomberg)
Dec. 14 (Bloomberg) -- Haymarket Financial LLP , a new lender funded by investors including TowerBrook Capital Partners LP, said it plans to target non investment-grade and unrated borrowers which may have difficulty getting bank funding.
KENANGA INVESTMENT TO ACQUIRE CMS TRUST MANAGEMENT (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Dec 14 (Bernama) -- Kenanga Investment Bank Bhd (KIBB), a subsidiary of K&N Kenaga Holdings Bhd, will acquire CMS Trust Management Bhd for RM23 million to complement its existing business.
Real estate investment trust SL Green Realty declares 4th-quarter dividend of 10 cents (Minneapolis-St. Paul Star Tribune)
NEW YORK - Real estate investment trust SL Green Realty Corp. on Monday declared a fourth-quarter dividend of 10 cents. The company will pay the dividend on Jan. 15, 2010 to shareholders of record Jan. 4.
Lloyds investment arm buys Manor stake (ITV.com)
Private equity arm of Lloyds bank makes what is believed to be £10m investment in new team.
Kenedix Realty Investment Corporation Announces Summary of... (MalaysiaNews.net)
Kenedix Realty Investment Corporation Announces Summary of Earnings Results for the Fiscal Period Ended October 31, 2009 (From May 1, 2009 to October 31, 2009)
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 $1.21 or .7 percent, to $164.79. Morgan Stanley fell $.03 or .1 percent, to $29.76.
Jeffrey Gundlach to launch new investment firm (Los Angeles Times)
The star bond fund manager, fired by L.A. money manager TCW Group earlier this month, will partner with Oaktree Capital Management, a group of former TCW executives. Star bond fund manager Jeffrey Gundlach, fired by L.A. money manager TCW Group on Dec. 4, said today he would partner with Oaktree Capital Management to launch a new investment firm.
Getting An Investment Bank Job During A Recession (Investopedia via Yahoo! Finance)
Even in a recession, investment banks are seeking new talent. Learn what will set you apart from the crowd!
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 $1.38 or .8 percent, to $164.62. Morgan Stanley fell $.09 or .3 percent, to $29.69.
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies were up at the close of trading: Goldman Sachs rose $.10 or .1 percent, to $166.10. Morgan Stanley rose $.39 or 1.3 percent, to $30.17.
Morgan Stanley Appoints Former Merrill President to Lead Investment Unit (Fox News)
Former Merrill Lynch President Greg Fleming heads to Morgan Stanley to run its investment arm.
Flaherty Says Canada Sales Tax Does Apply to Investment Advice (Bloomberg)
Dec. 14 (Bloomberg) -- Canadian Finance Minister Jim Flaherty said today that Canada’s Goods and Services Tax does apply to investment advice and other types on financial services.
Investment-Grade Composite Spread Tightens To 212 Basis Points (Thaipr.net)
Standard & Poor's investment-grade and speculative-grade composite spreads tightened on Friday to 212 basis points (bps) and 660 bps, respectively. By rating, the 'AA' spread tightened one basis point
France Would Embrace Siemens Investment in Areva, WSJ Reports (Bloomberg)
Dec. 15 (Bloomberg) -- France would welcome investment from Germany’s Siemens AG in Areva SA, the state-controlled nuclear engineering group, the Wall Street Journal reported, citing people familiar with the situation.
Industrial park investment falls in southern zone (Việt Nam News)
HCM CITY — Investment in industrial parks and export processing zones in the Southern Key Economic Zone are showing signs of decline, officials said.
£80,000 investment in mental health (Northern Echo)
YOUNG people who develop severe mental health problems in the region are to benefit from an £80,000 investment to strengthen services.
Hanley Investment Group Sells Retail Centers (dBusinessNews.com)
IRVINE, CALIF. - Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that Hanley Investment Group represented the seller in the sale of two multi-tenant retail properties in Cypress and North Hollywood, Calif., for a total consideration of $6,050,000. The ...
Weyerhaeuser To Convert To Real Estate Investment Trust (Nasdaq)
Forest-products company Weyerhaeuser Co. (WY) said it is aiming to convert to a real-estate investment trust next year, which it said will "best support the company's strategic direction."
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 $1.62 or 1.0 percent, to $164.48. Morgan Stanley fell $.31 or 1.0 percent, to $29.86.
Weyerhaeuser board OKs conversion to investment trust (KOMO Seattle)
Weyerhaeuser said Tuesday its board has approved a conversion of the forest products giant into a real estate investment trust, letting the company take advantage of certain tax benefits.
John Lehner named president and CEO of Eagle Investment Systems (Finextra)
Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that John Lehner, ...
NAI AVANT ADDS TOP INVESTMENT BROKER TO ITS STAFF (dBusinessNews.com)
Columbia – NAI Avant is pleased to announce the addition of Dail Longaker, Jr. to its Brokerage Group. Longaker brings over 23 years of commercial investment sales experience completing over one-half billion dollars in commercial and investment transactions.
Kotak Investment in alliance with Russia's Renaissance Capital (New Kerala)
New Delhi, Dec 15 : Kotak Investment Banking and Renaissance Capital, the Moscow-based investment bank, today announced that they have entered into a co-operation agreement to advise clients on takeovers in emerging markets.
SEC mulls surprise audits for investment advisers (Reuters via Yahoo! News)
U.S. securities regulators may reduce the number of investment advisers who would have to undergo an annual surprise audit under a proposal to ensure that their clients' assets are safe, two sources familiar with the plan said on Tuesday.
Apollo Investment raises $107.8M in stock offering (AP via Yahoo! News)
Apollo Investment Corp. said Tuesday it has completed its public stock offering, raising $107.8 million to be used to fund new investments, repay debt and for general corporate purposes.
Copper Drops as Dollar Rally Saps Investment Demand for Metal (Bloomberg)
Dec. 15 (Bloomberg) -- Copper prices fell as the dollar’s rebound sapped demand for the industrial metal as an alternative investment.
China May Increase Oversight of Auto Investment Plans, News Says (Bloomberg)
Dec. 16 (Bloomberg) -- China may increase oversight of investment and expansion plans by auto, farm vehicle, and engine companies, Shanghai Securities News said, without saying where it got the information.
China: foreign direct investment up 32 pct in Nov (AFP via Yahoo! News)
Foreign direct investment in China leapt 32 percent year-on-year in November for the fourth straight monthly increase, the commerce ministry said Wednesday.
Foreign Direct Investment in China Climbs for a Fourth Month (Bloomberg)
Dec. 16 (Bloomberg) -- Foreign direct investment in China climbed for a fourth month in November from a year earlier, aiding the recovery in the world’s third-largest economy.
Foreign Investment in China Climbs for a Fourth Month (Update1) (Bloomberg)
Dec. 16 (Bloomberg) -- Foreign direct investment in China climbed at the fastest pace in 16 months in November, aiding the recovery in the world’s third-largest economy.
Foreign investment in China up 32 percent in Nov (AP via Yahoo! Finance)
Foreign direct investment in China rose for a fourth straight month in November as the country's rapid recovery from the global economic downturn attracted more overseas money.
Corn, Wheat Decline as Stronger Dollar Cuts Investment Demand (Bloomberg)
Dec. 16 (Bloomberg) -- Corn fell for a second day as strengthening dollar reduced investment demand for commodities and curbed U.S. farm export prospects.
Foreign Investment in China Jumps 32% on Year Earlier (Update2) (Bloomberg)
Dec. 16 (Bloomberg) -- Foreign direct investment in China climbed at the fastest pace in 16 months in November, lured by a strengthening recovery in the world’s third-largest economy.
Abu Dhabi Investment Fund Seeks to End Citigroup Share Purchase (Bloomberg)
Dec. 16 (Bloomberg) -- The Abu Dhabi Investment Authority is trying to abort an agreement to buy $7.5 billion of Citigroup Inc. stock at eight times today’s price, saying the bank misled it about the investment.