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Investment News 04/2010 (Page 4)



Foreign Investment in China Jumps in First Quarter (Update1)
Foreign direct investment in China, the worlds fastest-growing major economy, climbed 7.7 percent in the first quarter from a year earlier.
China says Q1 foreign direct investment up 7.7 percent
BEIJING: Foreign direct investment in China rose 7.7 percent year-on-year in the first quarter of 2010, the government said Wednesday, signalling growing confidence in the outlook for the Asian nation.
Wal-Mart Says Foreign Investment Would Damp India Inflation
April 14 (Bloomberg) -- Wal-Mart Stores Inc. , the worlds largest retailer, said Indias inflation would slow by at least two percentage points should the government agree to allow an increase in foreign investment in retail.
JPMorgan Investment Bank Powers 1Q Profit Rise
The investment bank reported its profit in the first quarter jumped to $3.3 billion.
JPMorgan investment bank powers Q1 profit rise
Corrects paragraph 6 to show investment bank reported quarterly net revenue of $8.3 billion, not profit
Progressive's 1Q Profit Rises 27% On Investment Gains
Progressive's 1Q Profit Rises 27% On Investment Gains
JPMorgan investment bank powers profit rise
JPMorgan Chase & Co's first-quarter profit topped Wall Street expectations, as revenue from its investment bank transcended losses on consumer loans.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $5.01 or 2.8 percent, to $184.26. Morgan Stanley rose $.13 or .4 percent, to $30.61.
China's Foreign Investment Jumps 12%
Foreign direct investment in China climbed 12.1 percent in March from a year earlier, the commerce ministry said in a statement on its Web site today. The amount was $9.4 billion.
Vietnam PM pledges to improve investment climate
Vietnam's prime minister promised US businesses Wednesday to work to improve the investment climate, acknowledging concerns about shoddy infrastructure.
U.S. business group welcomes China move on investment
A U.S. business group on Wednesday said it welcomed China's plans to ease restrictions on foreign investment, in a sign that tensions over currency have not blocked progress on all other trade issues.
China Investment in Australian Farms Rises 10-Fold, Agents Say
They are interested in large scale cattle farms, they are cashed up and see a financial opportunity here in a secure investment environment, said Geoff Hickson, real estate manager at Landmark Operations Ltd. There has been a big increase from Chinese buyers in the past six months, it has grown 10-fold.
China Investment in Australian Farms Rises 10-Fold, Agents Say
Chinese investment in Australian farms increased 10-fold in the past six months, real estate agents said, as Australia relaxed rules governing residential property purchasing and buyers see opportunities in agriculture.
3i to Join Carlyle in Search for First Indonesian Investment
3i Group Plc, Europes largest publicly traded private-equity firm, said it is seeking its first investment in Indonesia because the nation offers the biggest growth potential in Southeast Asia.
Super vs Investment Property
If you are planning to invest, you may have asked yourself "Should I put the money into super, or am I better off buying an investment property?" Colonial First State weighs up the options.
UBS Target Raised by JPMorgan on Investment Bank Improvements
April 15 (Bloomberg) -- UBS AG , Switzerlands biggest bank, had its share-price target raised by analysts at JPMorgan Cazenove as they forecast improved earnings at the investment bank.
UBS Target Raised by JPMorgan on Investment Bank Improvements
UBS AG, Switzerlands biggest bank, had its share-price target raised by analysts at JPMorgan Cazenove as they forecast improved earnings at the investment bank.
Abu Dhabi Fund Shuts Investment Banking Unit, Fund (Update1)
April 15 (Bloomberg) -- Invest AD, an Abu Dhabi government- owned money manager, shut its investment banking advisory team and canceled plans to offer a property fund, citing market conditions.
White Sugar May Fall as Stronger Dollar Dims Investment Appeal
April 15 (Bloomberg) -- White sugar may decline in London as the dollar strengthens, diminishing the appeal of commodities as an alternative investment.
Invest AD abandons investment banking activity
ABU DHABI, April 15 (Reuters) - Abu Dhabi government-owned Invest AD said on Thursday it is abandoning its investment banking activity due to market conditions.
ND pension funds investment director kills himself
The investment director for North Dakota's largest pension funds, which have been struggling to recover from the recent stock-market swoon, shot himself to death at his home north of Bismarck, authorities said Wednesday.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $.83 or .4 percent, to $184.09. Morgan Stanley fell $.37 or 1.2 percent, to $30.77.
Real estate investment sales jump 18 times to S$4.87b in Q1: CBRE
SINGAPORE : Property consultancy CB Richard Ellis (CBRE) said on Thursday total investment sales in the real estate sector grew to a whopping S$4.87 billion in the first quarter this year.
Malaysia Remains Investment Haven For UAE Investors - Mustapa
KUALA LUMPUR, April 15 (Bernama) -- Malaysia has big potential to be a choice investment hub for investors from the United Arab Emirates (UAE) in their pursuit to seek new investment opportunities, particularly in oil and gas, healthcare and construction materials.
Pakistan July-March foreign investment falls 34.2 pct
KARACHI, April 16 (Reuters) - Net foreign investment in Pakistan fell 34.2 percent to $1.37 billion in the first nine months of the 2009/10 fiscal year compared with $2.08 billion in the same period last year, the central bank said on Friday.
Foreign Direct Investment in Pakistan Falls 49% in 9 Months
April 16 (Bloomberg) -- Overseas direct investment in Pakistan dropped 49 percent in the first nine months of the fiscal year ending June 30, the central bank said.
JPMorgan Investment Bank Chief in India May Depart (Correct)
JPMorgan Chase & Co.s head of investment banking in India, Vedika Bhandarkar, told colleagues she plans to quit and join Credit Suisse Group, people close to each firm said.
Brazil secures Chinese pledge for heavy investment
RIO DE JANEIRO, April 16 (UPI) -- Brazil secured Chinese pledges to investment heavily in and buy more from Brazil as the summit of BRIC countries -- Brazil, Russia, India and China -- opened a day earlier to allow for President Hu Jintao to return to China to oversee earthquake relief.
S&P Ups Teck Resources' Rating To Investment Grade
S&P Ups Teck Resources' Rating To Investment Grade
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $3.12 or 1.7 percent, to $181.15. Morgan Stanley fell $.53 or 1.7 percent, to $30.35.
Karstadts Goerg Says Retailer May Be Attractive Investment
April 16 (Bloomberg) -- Klaus-Hubert Goerg, the insolvency administrator appointed for Arcandor AGs Karstadt unit, said he could imagine the retailer being an attractive investment. He made the comments during a panel discussion in Frankfurt today.
Teck Resources Upgraded to Investment Grade by S&P (Update1)
April 16 (Bloomberg) -- Teck Resources Ltd. , Canadas largest base-metals producer, had its debt upgraded to investment grade by Standard & Poors Ratings Services.
Dubai Electricity Bonds Get Lowest Investment Grade at Fitch
April 16 (Bloomberg) -- Dubai Electricity and Water Authority s five-year $1 billion bond issue received the lowest investment grade at Fitch Ratings , reflecting the deterioration in the creditworthiness of the emirate.
MINING FINANCE / INVESTMENT
Wall Street investment bank Goldman Sachs , thought by so many to be a major force behind the hellfire that engulfed global financial markets during 2008, has been charged by the US Securities and Exchange Commission (SEC) with fraud, in a case that involves US hedge fund Paulson & Co., which spent heavily on gold investments starting latest during early 2009.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $24.11 or 13.1 percent, to $160.16. Morgan Stanley fell $1.75 or 5.7 percent, to $29.13.
Teck Resources Upgraded to Investment Grade by S&P (Update2)
April 16 (Bloomberg) -- Teck Resources Ltd. , Canadas largest base-metals producer, had its debt upgraded to investment grade by Standard & Poors Ratings Services.
Final Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $23.57 or 12.8 percent, to $160.70. Morgan Stanley fell $1.72 or 5.6 percent, to $29.16.
Venture-capital investment grows
Venture-capital investment in the U.S. increased to $4.73 billion in the first quarter from a year earlier, a sign of growing interest in startups that specialize in clean energy.
Singapores tourism factor boosts investment sentiments
KUCHING: In conjunction with the upcoming seminar on the investment opportunities in Malaysia, Singapore, Hong Kong and Indonesia organised by OSK Investment Bank Bhd (OSK Investment Bank), one of the designated speakers, associate director and co-head of research for DMG and Partners Pte Ltd Leng Seng Choon shared his views on the Singapore investment landscape.
PM calls on Argentine businesses to boost investment in Vietnam
Prime Minister Nguyen Tan Dung has called on the Argentine companies to boost their investment and business in Vietnam and stressed facilitation for them.
Investment scam nets prison term
Russell Provenzano took three years to trick an elderly friend of his parents into giving him $70,000 for an investment he never made.
Brazil Secures Chinese Pledge For Heavy Investment
Brazil secured Chinese pledges to investment heavily in and buy more from Brazil as the summit of BRIC countries -- Brazil, Russia, India and China -- opened a day early to allow for President Hu Jintao to return to China to oversee earthquake relief.
Tacoma man gets 4 years for $6 million investment fraud
John Min, 36, of Tacoma was sentenced today in U.S. District Court in Seattle to four years in prison for defrauding people, churches and charities in an investment scheme, according to the U.S. Attorney's Office.
Investment Firm Buys Publicly Held Lodgian
APRIL 16, 2010 -- Lodgian stockholders on Thursday approved the hotel operator's acquisition by an affiliate of Dallas-based investment firm Lone Star Funds.
United Way Community Investment Committee Begins Funding Process
The United Way of Greater Oswego Countys Community Investment Committee, which consists of more than 30 volunteers, on five different panels, will soon begin the 2010 United Way funding process.
Blackburn boss Allardyce: Global downturn has seen foreign investment dry up
Blackburn Rovers boss Sam Allardyce says the global economic downturn has seen foreign investment dry up for Premiership clubs. With Rovers currently up for sale, with talks ongoing all the time, many fans still dream of a rich backer coming in to help Rovers battle against the financial odds. Allardyce though warns dont expect too much after admitting the credit crunch has made football ...
RFP for investment in two Delhi SEZs to be floated next week
Delhi government will come out with a global request for proposal next week seeking investment in the two Special Economic Zones to be set up in the national capital.
International Investment Names KPMG to Carry Out Business Review
April 18 (Bloomberg) -- International Investment Group KSCC, the Kuwait-based finance company which defaulted on a periodic payment on a $200 million sukuk this month, appointed KPMG Advisory WLL, Kuwait to carry out a business review.
Al-Safat Investment Unit Makes $15 Million From China Investment
April 18 (Bloomberg) -- Al-Safat Investment Co., a Kuwaiti fund manager, said one of its subsidiaries made a profit of about 4.25 million dinars ($15 million) from exiting an investment in China.
Global Investment Seeks 100 Million-Dinar Capital Increase
April 18 (Bloomberg) -- Global Investment House KSCC, a Kuwaiti investment company, seeks shareholder approval for a 100 million-dinar capital increase, the company said.