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Investment News 01/2010 (Page 5)



Posco rolls out record US$8.3b investment plan (Business Times (Malaysia))
SEOUL: Posco unveiled a record US$8.3 billion (US$1 = RM3.33) investment plan around the Asia-Pacific that underscores the determination of the world's No.4 steelmaker to close the gap on Chinese steel mills snapping up assets along the supply chain. Posco, which makes 60 per cent of its sales at home in South Korea and has no history of successful overseas acquisitions, expects to close a deal ...
Investment portfolio surges to RM92b (Business Times (Malaysia))
KHAZANAH Nasional Bhd's investment portfolio value rose by 34 per cent to RM92.2 billion as at end-2009, reflecting significantly improved market conditions, its chief said. The state investment firm's portfolio value stood at RM68.9 billion at the end of 2008. Its net asset value, meanwhile, rose by 63.5 per cent to 54.1 billion ringgit. Managing director Tan Sri Azman Mokhtar said the firm is ...
Investment portfolio surges to RM92b (Business Times (Malaysia))
KHAZANAH Nasional Bhd's investment portfolio value rose by 34 per cent to RM92.2 billion as at end-2009, reflecting significantly improved market conditions, its chief said.
Posco rolls out record US$8.3b investment plan (Business Times (Malaysia))
SEOUL: Posco unveiled a record US$8.3 billion (US$1 = RM3.33) investment plan around the Asia-Pacific that underscores the determination of the world's No.4 steelmaker to close the gap on Chinese steel mills snapping up assets along the supply chain.
China's foreign investment doubles in December (AFP via Yahoo! News)
Foreign direct investment in China doubled year-on-year last month as global demand perked up from the depths of the financial crisis, officials said Friday.
China says December foreign investment doubles (AP via Yahoo! News)
Foreign direct investment in China more than doubled in December from a year earlier as companies poured money into expanding amid a strengthening economic revival, the government reported Friday.
Go-betweens got $125-million-plus from investment firms for arranging CalPERS deals (Los Angeles Times)
The disclosure by the pension giant prompts calls for greater oversight of those soliciting public pension money. Among the lobbyists disclosed is William Crist, a former CalPERS board president. Private investment funds paid more than $125 million to scores of intermediaries who helped them win business with the California Public Employees' Retirement System, new documents show, prompting calls ...
China’s Foreign Direct Investment More Than Doubles (Update1) (Bloomberg)
Jan. 15 (Bloomberg) -- Foreign direct investment in China more than doubled in December from a year earlier as the effects of the financial crisis fade.
Most Chinese Stocks Rise on Surge in Foreign Investment, Profit (Bloomberg)
Jan. 15 (Bloomberg) -- Most Chinese stocks rose for a second day, led by real-estate developers and consumer companies, as a surge in foreign direct investment increased the prospects for increased fund flows into Chinese assets.
Foreign Direct Investment in Pakistan Fell 56.9% in Six Months (Bloomberg)
Jan. 15 (Bloomberg) -- Overseas direct investment into Pakistan dropped 56.9 percent in the first six months of the fiscal year that started July 1, the central bank said.
Most Chinese Stocks Rise on Surge in Foreign Investment, Profit (Bloomberg)
Jan. 15 (Bloomberg) -- Most Chinese stocks rose for a second day, led by real-estate developers and consumer companies, as a surge in foreign direct investment boosted the prospect of increased fund flows into Chinese assets.
India Min: Awaiting Regulator View On Foreign Investment Cap Hike in Broadcasting (Fox News)
India Min: Awaiting Regulator View On Foreign Investment Cap Hike in Broadcasting
China’s Stocks Gain on Surge in Foreign Investment; SAIC Rises (Bloomberg)
Jan. 15 (Bloomberg) -- China’s stocks rose for a second day, led by real-estate developers and automakers, as a surge in foreign direct investment boosted the prospect of increased fund flows into Chinese assets.
China’s Stocks Gain After Foreign Investment Surges; SAIC Rises (Bloomberg)
Jan. 15 (Bloomberg) -- China’s stocks rose for a second day, led by real-estate developers and automakers, as a surge in foreign direct investment signaled increased fund flows into Chinese assets.
Citadel Investment hires Jake Walthour (Reuters via Yahoo! News)
U.S. hedge fund firm Citadel Investment Group, which is run by Kenneth Griffin, hired Jake Walthour as head of U.S. distribution for its asset management subsidiary, a company spokesman said on Friday.
JPMorgan Profit Rises on Investment-Banking Fees (Update1) (Bloomberg)
Jan. 15 (Bloomberg) -- JPMorgan Chase & Co. , the second- largest U.S. bank, said fourth-quarter profit more than quadrupled on higher revenue from investment-banking fees. Shares of the company fell as the retail bank posted a loss and credit provisions increased.
JPMorgan Profit Rises on Investment-Banking Fees (Update3) (Bloomberg)
Jan. 15 (Bloomberg) -- JPMorgan Chase & Co. , the second- largest U.S. bank, said profit more than quadrupled on higher investment-banking revenue. The bank lost money on consumer loans and increased provisions for future defaults.
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 $2.86 or 1.7 percent, to $165.67. Morgan Stanley fell $1.10 or 3.5 percent, to $30.11.
JPMorgan investment bankers to see record payday (Reuters via Yahoo! News)
JPMorgan Chase & Co on Friday announced a record $9.3 billion payday for its investment-banking employees, setting the stage for competitors like Goldman Sachs Group Inc to also make eye-popping payouts.
JPMorgan Allots $378,600 Per Investment Bank Worker (Update2) (Bloomberg)
Jan. 15 (Bloomberg) -- JPMorgan Chase & Co. , the second- largest U.S. bank, set aside $9.3 billion for compensation and benefits for investment-bank employees in 2009, enough to pay each worker in that unit $378,600.
JPMorgan investment bankers to see record payday (Reuters via Yahoo! News)
JPMorgan Chase & Co on Friday announced a record $9.3 billion payday for its investment-banking employees, setting the stage for competitors like Goldman Sachs Group Inc to also make eye-popping payouts.
Citadel’s Kaplan, Head of Investment Banking, Quits After Year (Bloomberg)
Jan. 15 (Bloomberg) -- Todd Kaplan, head of investment banking at Citadel Investment Group LLC, left less than a year after joining the firm, a spokeswoman said.
Citadel’s Head of Investment Banking Leaves (New York Times)
Todd Kaplan, the head of investment banking at Citadel Investment Group , the giant hedge fund firm run by Kenneth C. Griffin, has resigned less than a year after joining the firm.
Citadel’s Kaplan, Head of Investment Banking, Quits (Update1) (Bloomberg)
Jan. 15 (Bloomberg) -- Todd Kaplan , head of investment banking at Citadel Investment Group LLC’s securities unit, left less than a year after joining the firm, a spokeswoman said.
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 $3.32 or 2.0 percent, to $165.21. Morgan Stanley fell $.82 or 2.6 percent, to $30.38.
UPDATE: Citadel Head of Investment Banking Kaplan Has Left Firm (Fox News)
UPDATE: Citadel Head of Investment Banking Kaplan Has Left Firm
Citadel’s Kaplan, Head of Investment Banking, Quits (Correct) (Bloomberg)
(Corrects Kaplan’s age in second paragraph.) Jan. 15 (Bloomberg) -- Todd Kaplan , head of investment banking at Citadel Investment Group LLC’s securities unit, quit less than a year after joining the firm, a spokeswoman said.
China's foreign investment doubles in December (Malaysian Mirror)
BEIJING - Foreign direct investment in China doubled year-on-year last month as global demand perked up from the depths of the financial crisis, officials said Friday. Read more...
Taiwan to allow Chinese investment in bourse (AP via Yahoo! Finance)
Taiwan will allow China's institutional investors to invest up to $500 million in the island's stock market, the government said Saturday, in its latest step to relax control on trade and investment with its rival.
Malaysia eyes enhanced trade, investment ties with Najib's UAE visit (Sin Chew Jit Poh)
DUBAI, Jan 16 (Bernama) -- The visit by Datuk Seri Najib Tun Razak to United Arab Emirates (UAE) will further raise Malaysia's profile in the Gulf nation and boost political, as well as trade and investment relations, between the two countries.
Taiwan to allow Chinese investment in bourse (AP via Yahoo! News)
Taiwan will allow China's institutional investors to invest up to $500 million in the island's stock market, the government said Saturday, in its latest step to relax control on trade and investment with its rival.
Bakheet Investment Group signs agreement to distribute its mutual funds on Derayah Financial's fund supermarket (AME Info)
Bakheet Investment Group, a CMA licensed firm, signed an agreement to distribute its mutual funds with Derayah Financial. As a result, Derayah will be distributing Bakheet's funds to individual investors through its web site, which is the first mutual fund supermarket in the Middle East.
Taiwan to allow Chinese investment in bourse (San Francisco Chronicle)
Taiwan will allow China's institutional investors to invest up to $500 million in the island's stock market, the government said Saturday, in its latest step to relax control on trade and investment with its rival. Taiwan had for decades barred Chinese... People's Republic of China - Republic of China - China - Taiwan - Asia
Citadel top investment banking exec leaves: report (Reuters via Yahoo! News)
The top executive of Citadel Investment Group's investment banking unit has left the firm, the Wall Street Journal reported on Saturday.
Citadel top investment banking exec leaves (Reuters via Yahoo! News)
The top executive of Citadel Investment Group's investment banking unit has left the firm, a company spokeswoman confirmed on Saturday.
Malaysia eyes enhanced trade, investment ties with Najib’s UAE visit (The Borneo Post)
DUBAI: The visit by Datuk Seri Najib Tun Razak to United Arab Emirates (UAE) will further raise Malaysia’s profile in the Gulf nation and boost political, as well as trade and investment relations, between the two countries.
JD1.378 billion is the volume of investment in industrial estates (Zawya)
16 January 2010 Amman) -- The volume of investment in Jordan's industrial estates in 2009 stood at JD1.378 billion distributed among 506 industrial companies, Director General of Jordan Industrial Estates Corporation (JIEC) Amer Majali told Petra.
business Speaks Out: Manage investment risk through asset allocation (Press of Atlantic City)
How does an investor create an appropriate, long-term investment plan? Spreading assets over a variety of investments is perhaps the most important rule one can follow.
MALAYSIA TO INVITE CEOs PF BIG COMPANIES TO EXPLORE INVESTMENT OPPORTUNITIES (Bernama via Yahoo! Malaysia News)
IPOH, Jan 17 (Bernama) -- Malaysia will be inviting chief executive officers (CEOs) of Fortune 500 companies to be guests at international events held in the country as part of the government's effort to attract more foreign investment, said Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah.
Malaysia To Invite CEOs Of Big Companies To Explore Investment Opportunities (Bernama)
IPOH, Jan 17 (Bernama) -- Malaysia will be inviting chief executive officers (CEOs) of Fortune 500 companies to be guests at international events held in the country as part of the government's effort to attract more foreign investment, said Second Finance Minister Datuk Seri Ahmad Husni Mohamad Hanadzlah.
Doubts raised over Liverpool £100M investment search (tribalfootball.com)
Experts have cast doubt on Liverpool 's ability to attract new investment. Reds managing director Christian Purslow was in the press last week saying they were close to securing a new investor. But a source in the football finance sector, who has dealt with Reds co-owners Tom Hicks and George Gillett and has knowledge of their search for Middle Eastern money, told the Sunday Times : “Christian ...
U.S. Steel attacks investment act in court (MalaysiaNews.net)
U.S. Steel Corp. urged a Canadian judge to throw out a government lawsuit that claims the steelmaker failed to live up to commitments it made when it acquired Stelco Inc. in 2007. The Investment ...
Hydro One forms partnership with Western; $2.5 million investment (LondonTopic.ca)
The relationship that began in 2001 between Hydro One and the University of Western Ontario has established a new partnership with a $2.5 million investment.
Yoon Urges South Korean Companies to Boost Investment (Update1) (Bloomberg)
Jan. 18 (Bloomberg) -- South Korean Finance Minister Yoon Jeung Hyun urged companies to boost investment and create jobs, saying the nation’s economic growth may not be sufficient to increase employment.
UBS Closes China Investment Facility After Rule Change, FT Says (Bloomberg)
Jan. 18 (Bloomberg) -- UBS AG, which is approved for investment in China securities, stopped transferring parts of its quota to clients for a fee after the country issued a rule banning the practice, the Financial Times reported, citing Nicole Yuen, head of China equities at UBS.
Gold May Drop in Asia as Dollar Strength Dims Investment Demand (Bloomberg)
Jan. 18 (Bloomberg) -- Gold, little changed in Asia, may decline for a second day as the dollar strengthened, eroding demand for the precious metal as an alternative investment.
Investment adviser finds groove in the music business (Knoxville News Sentinel)
Patrick Roddy's career has been marked by nothing if not variety.Cutting his teeth at family firm Roddy Coca-Cola Bottling, the 47-year-old Roddy has served as executive director of the Knoxville Zoo and, more recently, as an investment adviser with UBS and Merrill Lynch .Now Roddy has joined AC Entertainment - a Knoxville company that operates and books for downtown Knoxville's Tennessee and ...
Hitachi Data Systems Unveils Top Storage Investment Priorities for 2010 (Thaipr.net)
Çѹ·Õè 18 Á¡ÃÒ¤Á 2553 11:49 ¹. Virtualization, Storage and Security Lead the IT Agenda in Thailand Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi, Ltd. (NYSE: HIT) and the only provider of Services Oriented Storage Solutions, today announced the top storage investment priorities for IT professionals in 2010.
U.S. Steel attacks investment act in court (MalaysiaNews.net)
U.S. Steel Corp. urged a Canadian judge to throw out a government lawsuit that claims the steelmaker failed to live up to commitments it made when it acquired Stelco Inc. in 2007. The Investment ...
Real estate top investment for Viet Kieu (Vietnam Net)
VietNamNet Bridge – A survey on Viet Kieu (overseas Vietnamese) investment at a conference on establishing the Overseas Vietnamese Businesses’ Association revealed that most wish to invest in real estate.