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Investment News 01/2010 (Page 4)



GIC books losses from New York investment (Business Times (Malaysia))
SINGAPORE: The Government of Singapore Investment Corp (GIC) said yesterday it has already booked losses on its investment in Stuyvesant Town, given the New York apartment complex's debt problems. "GIC recognised the losses following the ruling by the New York Court of Appeals in October 2009, which precipitated the default," a spokeswoman for the sovereign wealth fund said. GIC did not disclose ...
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 $2.91 or 1.7 percent, to $171.40. Morgan Stanley fell $.33 or 1.0 percent, to $31.92.
Investment fraud case goes to trial in Ottawa (CBC Ottawa)
An investment broker accused of defrauding more than 30 Ottawa-area investors of millions in retirement savings began his criminal trial Monday.
AMR’s American Still Plans Japan Airlines Investment (Update2) (Bloomberg)
Jan. 11 (Bloomberg) -- American Airlines said it remains in talks with Japan Airlines Corp. about a possible $1.1 billion investment and hasn’t been told by Japanese officials that direct funding is no longer favored.
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 $2.75 or 1.6 percent, to $171.56. Morgan Stanley fell $.21 or .7 percent, to $32.04.
Perella Hires Tokum’s Investment Team (New York Times)
Perella Weinberg Partners , the boutique investment bank run by Joseph R. Perella, left, has hired Tokum Capital Management ’s investment team.
2nd UPDATE: Investment Advisers Face Securities Fraud Charges (Fox News)
2nd UPDATE: Investment Advisers Face Securities Fraud Charges
Hanwha: Submitted Bid For Prudential Investment, Affiliate (Fox News)
Hanwha: Submitted Bid For Prudential Investment, Affiliate
RAM RATINGS LIFTS NEGATIVE RATING WATCH ON GULF INVESTMENT (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Jan 12 (Bernama) -- RAM Rating Services Bhd has lifted the negative Rating Watch on Gulf Investment Corporation (GIC) and has reaffirmed its AAA/P1 financial institution ratings.
Democrats Weigh New Tax on Investment Income (WallStreet Journal via Yahoo! Finance)
Congressional negotiators are considering applying the Medicare payroll tax to investment income as part of a deal to pay for a health overhaul.
Submitted Bid For Prudential Investment, Affiliate (MalaysiaNews.net)
SEOUL -(Dow Jones)- South Korea's Hanwha Group said Tuesday it has submitted a bid to buy Prudential Investment & Securities and its asset management affiliate Prudential Investment & Securit...
Investment applications at 40yr record (Bangkok Post - Thailand's English news)
Applications for investment privileges under the Board of Investment (BoI) in 2009 totaled 723.40 billion baht, the highest figure since the investment promotion agency was established 40 years ago.
Turkey May Get $11 Billion Foreign Investment in 2010, BGC Says (Bloomberg)
Jan. 12 (Bloomberg) -- Turkey will attract about $11 billion in foreign direct investment this year, financing half of its current-account deficit , according to BGC Partners.
Platinum Rises on Investment, Industrial Demand; Gold Is Steady (Bloomberg)
Jan. 12 (Bloomberg) -- Platinum and palladium climbed to the highest prices in at least 17 months in London on speculation investment and industrial demand will increase. Gold was little changed near a one-month high.
Platinum Rises on Investment, Industrial Demand; Gold Declines (Bloomberg)
Jan. 12 (Bloomberg) -- Platinum and palladium rose to the highest prices in at least 17 months in London on speculation investment and industrial demand will increase. Gold fell from yesterday’s one-month high.
Wine investment funds grow into global business (Reuters via Yahoo! News)
Collecting wine is no longer a privilege of just the super wealthy now that special investment funds have sprouted amid a search for alternative assets to traditional stocks and bonds.
GENERAL MOTORS: Whitacre calls U.S. aid 'a great investment' (Detroit Free Press)
Ed Whitacre, General Motors chairman and CEO, at his first Detroit auto show on Monday, called the U.S. government's rescue of the automaker "a great investment."
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 $1.63 or 1.0 percent, to $169.93. Morgan Stanley fell $.44 or 1.4 percent, to $31.60.
US Steel tells court Canada's foreign investment law is 'essentially flawed' (The Canadian Press via Yahoo! Canada News)
TORONTO - An American steel company says the act that governs foreign investment in Canada is "essentially flawed" because if fails to define how an investor can justify failure to meet promises it has made to the government.
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 $3.47 or 2.0 percent, to $168.09. Morgan Stanley fell $.76 or 2.4 percent, to $31.28.
Carlyle, Beijing set up yuan-based investment fund (AFP via Yahoo! News)
US investment giant Carlyle forged a deal Tuesday with Beijing for establishing a Chinese currency-denominated fund that will invest in companies in the world's most populous nation.
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 $3.74 or 2.2 percent, to $167.82. Morgan Stanley fell $.91 or 2.8 percent, to $31.13.
Samsung,Sony deny report on new joint LCD investment (Reuters via Yahoo! Philippines News)
* Venture partners deny report on $3 bln investment
Investment bankers to win out from climate change (Brisbane Times)
Climate change is expected to shape Australia's top jobs this year - with investment bankers among those set to reap the benefits.
Julius Baer appoints Lee Boon Keng as Co-Head Investment Solutions Group Singapore (Thaipr.net)
Bank Julius Baer has appointed Dr. Lee Boon Keng as Co-Head of Investment Solutions Group Singapore with immediate effect. Based in Singapore, Dr. Lee reports to Kenneth Ho, Regional Head of Products
EXIM Thailand Distributes Complementary Issue of “Export and Investment Focus Volume 13” (Thaipr.net)
Çѹ·Õè 13 Á¡ÃÒ¤Á 2553 11:50 ¹. EXIM Thailand publishes a complementary New Year edition of a pocket book titled “Export and Investment Focus Volume 13” for dissemination to the Bank’s clients, entrepreneurs, and the public.
Investment bankers expect record IPOs in Hong Kong (The Edge Daily)
It may be only January, but investment bankers already have the champagne on ice as they predict this year will be a record for initial public offerings.
Photo Release: EXIM Thailand Publishes Export and Investment Focus Vol. 13 for Free Distribution (Thaipr.net)
ЗС№·Хи 13 БЎГТ¤Б 2553 14:32 №. Export-Import Bank of Thailand (EXIM Thailand) distributes complementary issue of “Export and Investment Focus Volume 13” to the Bank’s clients, exporters, investors and the public on the occasion of the New Year 2010 and the Bank’s 16th anniversary.
Crusaders pitch investment pays off (UEFA News)
Only two of the 30 scheduled Northern Irish Premiership have taken place in recent weeks – and both were at Crusaders FC's Seaview home, a reward for their €280,000 investment in a '4G' artificial pitch.
U.K. Private Art Investment To Fall Further (INO News)
(RTTNews) - Hurt by recession, U.K.'s private investment in arts dropped in 2009 from a record high attained in the previous year, but more declines may be in store, a survey showed Wednesday.
Investment trusts feel pain of Norwegian fund selling (Financial Times)
Investment trusts have been hit hard in recent weeks following the departure of a leading institution from the sector, forcing many companies to buy back shares.
F&C Eurotrust replaces investment manager (Financial Times)
Foreign & Colonial Eurotrust has taken the unusual step of replacing its investment manager, F&C Management, for poor performance.
Health Bill Negotiators Consider Applying Medicare Tax To Investment Income, WSJ Reports (Medical News Today)
News outlets explore some of the unsettled and sticky policy questions - such as what taxes might pay for it, and whether mandates to buy coverage should be included - in the health overhaul legislation. The Wall Street Journal: "House and Senate negotiators are considering applying for the first time the Medicare payroll tax to investment income as part of a compromise to pay for a health ...
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 $.76 or .5 percent, to $167.06. Morgan Stanley fell $.29 or .9 percent, to $30.84.
OPP charge 2 men with investment fraud (CBC Toronto)
Two Toronto men have been charged with fraud in a $7-million investment scheme, provincial police say.
UBS: Low interest rates help Malaysia's near-term investment prospects (Business Times (Malaysia))
CHANGING of private sector opinions and government's efforts so that Malaysia will invest its trade surpluses at home rather than overseas will help improve the country's economic growth markedly, says UBS Investment Research.
Midday Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $1.03 or .6 percent, to $168.85. Morgan Stanley rose $.84 or 2.7 percent, to $31.97.
La. PSC seeks to grill Entergy investment advisers (AP via Yahoo! News)
A utility regulator said Wednesday that he wants investment advisers for two Entergy Corp. power utilities to explain how part of the money to eventually dismantle two Louisiana nuclear generating plants was lost in last year's financial meltdown.
La. PSC seeks to grill Entergy investment advisers (San Francisco Chronicle)
A utility regulator said Wednesday that he wants investment advisers for two Entergy Corp. power utilities to explain how part of the money to eventually dismantle two Louisiana nuclear generating plants was lost in last year's financial meltdown. The... Entergy - Public utility - Energy - Louisiana - Nuclear
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 $1.25 or .7 percent, to $169.07. Morgan Stanley rose $.13 or .4 percent, to $31.26.
Calendar Of Investment-Grade Debt: Agency Bills (Fox News)
Calendar Of Investment-Grade Debt: Agency Bills
Qantas Says Confident of Jetstar Pacific Investment in Vietnam (Bloomberg)
Jan. 14 (Bloomberg) -- Qantas Airways Ltd. said it “remained confident” of its investment in Vietnamese carrier Jetstar Pacific and the airline’s safety record.
JPMorgan Earnings May Have Tripled on Investment-Banking Fees (Bloomberg)
Jan. 14 (Bloomberg) -- JPMorgan Chase & Co. , the first of the largest U.S. banks to report fourth-quarter results, may say profit more than tripled from the depths of the financial crisis in 2008 on a rebound in investment-banking fees.
Singapore's investment property market staging a robust comeback (Channel NewsAsia)
SINGAPORE: Singapore's investment property market seems to be shrugging off the global financial crisis and is staging a robust comeback.
Liverpool closing in on £100m investment, says Christian Purslow (Daily Telegraph)
Christian Purslow, the Liverpool managing director, is hopeful the club can secure £100 million of investment.
OBG-EPU partnership to promote Malaysia as international investment hub (The Borneo Post)
KUALA LUMPUR: A recent partnership signed between Economic Planning Unit (EPU) in the Prime Minister’s Department and Oxford Business Group (OBG) is slated towards building Malaysia’s credentials as an investment hub within the international business community.
Emerging Bond Ratings at Investment Grade in JPMorgan Index (Bloomberg)
Jan. 14 (Bloomberg) -- Emerging-market government bonds have reached an average investment-grade credit rating after Turkey’s ranking was increased last week, according to JPMorgan Chase & Co.
JPMorgan Earnings May Have Tripled on Investment-Banking Fees (Bloomberg)
Jan. 14 (Bloomberg) -- JPMorgan Chase & Co. , the first of the largest U.S. banks to report fourth-quarter results, may say profit more than tripled from the depths of the financial crisis in 2008 on a rebound in investment-banking fees.
Turner - Owls need investment (PA Sport via Yahoo! UK & Ireland Sport)
Former Sheffield Wednesday manager Chris Turner believes the club will struggle to return to the Premier League unless the board of directors can attract major new investment.
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 $1.03 or .6 percent, to $168.04. Morgan Stanley fell $.27 or .9 percent, to $30.99.