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Investment News 05/2010 (Page 6)



Tour to highlight investment spots
Tour to highlight investment spots
Tighter unit trust investment rules
THE Employees Provident Fund (EPF) plans to tighten the guideline for members to invest in unit trust funds to ensure their investments are protected. EPF deputy chief executive officer in charge of investments Shahril Ridza Ridzuan said the pension fund is working together with the Federation of Investment Managers Malaysia (FiMM) on the matter. "We will set a certain minimum criteria before a ...
Western premiers end China visit pushing trade, investment
Investment in the energy sector, tourism and pandas were on the agenda when Stockwell Day and Canada's three western premiers met Chinese officials Wednesday.
CNCP to Evaluate Saskatchewan Oil, Gas Investment, Globe Reports
May 20 (Bloomberg) -- China National Petroleum Corp. reached an agreement with the province of Saskatchewan to assess investment in natural gas, heavy oil, and carbon capture projects, the Globe and Mail reported, citing Brad Wall, the Canadian provinces premier.
National Grid Plans $4.6 Billion Rights Offer for Investment
May 20 (Bloomberg) -- National Grid Plc, the operator of the U.K.s power and gas networks, said it will raise 3.2 billion pounds ($4.6 billion) through a rights issue to fund capital investment.
Greek PM appeals for Arab investment
Greek Prime Minister George Papandreou appealed to Arab nations in Beirut on Thursday to invest in his cash-strapped country, touting it as "investment friendly" with a dynamic business environment.
Greece appeals for Arab investment
BEIRUT -Greek Prime Minister George Papandreou appealed to Arab nations in Beirut on Thursday to invest in his cash-strapped country, touting it as "investment friendly" with a dynamic business environment. Read more...
US, Libya sign trade, investment pact
The United States and Libya on Thursday signed a pact to tackle trade and investment issues in their latest step to boost ties following Washington's lifting of sanctions on the oil-rich nation.
Investment Corp. of Dubai CFO Hegarty to step down
DUBAI, May 20 (Reuters) - The chief financial officer of Investment Corporation of Dubai (ICD), the investment arm of the Gulf Arab emirate, will step down after two years in the post, in the second high-level departure from the firm in recent weeks.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $2.68 or 1.9 percent, to $137.42. Morgan Stanley fell $.76 or 2.8 percent, to $26.28.
Greece appeals for Arab investment
BEIRUT (AFP) - Greek Prime Minister George Papandreou appealed to Arab nations in Beirut on Thursday to invest in his cash-strapped country, touting it as & quot;investment friendly & quot; with a dynamic business environment.
Fitch Raises Azerbaijan Rating to Investment Grade (Update1)
May 20 (Bloomberg) -- Fitch Ratings Ltd. raised Azerbaijans credit ratings to investment grade, citing an improved management of the countrys energy resources, which is helping it to bolster its public and external finances.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $2.51 or 1.8 percent, to $137.59. Morgan Stanley fell $.88 or 3.3 percent, to $26.16.
Brazilian Builders Rally as Sam Zells Firm Boosts Investment
May 20 (Bloomberg) -- Brazilian homebuilders rallied for the first time in six days after billionaire investor Sam Zell s Equity International said its seeking to raise about $500 million to step up investment in the countrys real estate.
Gosbees AltaCorp Investment Bank Plans to Hire 40 People
May 20 (Bloomberg) -- Former Tristone Capital Inc. Chief Executive Officer George Gosbee plans to have 30 to 40 employees when he opens his new investment bank AltaCorp Capital Inc. in about six months.
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 $4.00 or 2.9 percent, to $136.10. Morgan Stanley fell $1.40 or 5.2 percent, to $25.64.
China to Double Xinjiang Investment to Boost Economy, Stability
May 21 (Bloomberg) -- Investment in Chinas Xinjiang province, roiled by ethnic violence last year, will double in the next five years as President Hu Jintao seeks stability in the countrys second-biggest oil and gas-producing region.
Markel executive explains investment strategy
What do pickle stuffers, mobile-home park operators and dredging equipment manufacturers have in common? They are companies owned by Markel Corp., as the specialty insurer expands its investment portfolio. Thomas S. Gayner, chief investment officer at Markel who was recently promoted to the presidents office, talked about the companys unusual investment picks at a Venture Forum lunch yesterday ...
U.S. says China tech, investment rules top issues at talks
China's rules on "indigenous innovation" that have alarmed foreign companies and its curbs on investment will be top issues for the United States at bilateral talks next week, U.S. Commerce Secretary Gary Locke said on Friday.
Woodside CEO Says Tax Plan May Deter Investment in Australia
May 21 (Bloomberg) -- Woodside Petroleum Ltd. Chief Executive Officer Don Voelte said Australias proposed 40 percent tax on resource profits may hurt the ability of companies to borrow money and draw foreign investment.
Russian Foreign Direct Investment Fell 17.6% in First Quarter
May 21 (Bloomberg) -- Russian foreign direct investment slipped an annual 17.6 percent to $2.6 billion in the first quarter on an uneven economic recovery from the worst contraction since the Soviet Union collapsed in 1991.
Pepsi to up China investment by $2.5 billion
PepsiCo Inc said it is planning to up its investment in China by $2.5 billion over the next three years, as it sees more growth in the market.
RioCan Real Estate Investment Trust Announces Acquisition of Partner's Interests In Two Retail Properties In Canada
RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today announced that it has completed the acquisition of its partner's interests in two retail properties located in Ontario and New Brunswick. These two properties, will upon completion, comprise approximately 799,000 square feet (including shadow anchors), which includes 170,000 square feet of additional density, which will be built ...
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $3.92 or 2.9 percent, to $140.02. Morgan Stanley rose $.80 or 3.1 percent, to $26.44.
Toyota investment adds jolt to Tesla IPO
NEW YORK (MarketWatch) -- Toyota's $50 million investment in electric car start-up Tesla Motors Inc. will help Tesla's already-bright prospect for its initial public offering, an IPO analyst said Friday.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $6.64 or 4.9 percent, to $142.74. Morgan Stanley rose $1.45 or 5.7 percent, to $27.09.
Rio Tinto Says Profit Tax Acts as Wet Blanket on Investment
May 24 (Bloomberg) -- Rio Tinto Group, Australias biggest exporter of iron ore, said the proposed mining profit tax acted as a wet blanket on its investment plans in Australia. Tom Albanese, chief executive officer of the London-based company, made the comments today on a media call.
Investment pros open up about their fears
BOSTON Big names in the investment world are plenty worried these days.
Judge's investment in coalmine company holds up in court
A judge in Shaanxi Province recently won a court case of his own that enables him to receive a bonus based on his investment into a coalmine company. The ruling sparked a debate about whether the judge has violated the law because a government regulation stipulates that civil servants and employees of State-owned companies are prohibited from participating in coalmine operations. Judge Zhang ...
Beltone Financial hosts its Third Annual MENA Investment Conference in New York
NEW YORK, USA, May 24, 2010: Beltone Financial, the fastest growing investment bank in the Middle East & North Africa (MENA), kicks off its Third Annual MENA Investment Conference in New York to provide U.S. institutional investors with a comprehensive update on investment opportunities and regulatory reform in the region.
Six Investment Banks Including UBS to Report Dark-Pool Trades
May 24 (Bloomberg) -- Six investment banks including UBS AG, Citigroup Inc. and Deutsche Bank AG agreed to report European dark trades executed on their internal systems as the industry comes under closer regulatory scrutiny.
Egypt targets 21 new investment free zones - Min.
234 May 2010 CAIRO -- Egyptian Minister of Investment Mahmoud Mohieddin said Sunday his government plans to launch 21 new investment free zones in the coming period.
Iran, One Of Seven World Countries Having High Investment Potentials
TEHRAN, May 24 (Bernama) -- The Head of the Iran-Portugal Commercial Council said that despite the existing economic recession in the world, Iran is one of the seven countries in the world which possess high investment potentials.
Al Mansouri: Algeria is a strategic investment destination
Al Mansouri: Algeria is a strategic investment destination
Egypt to launch 21 new investment free zones
Egypt to launch 21 new investment free zones
ANALYSIS-Politics redraws the investment map in S.E.Asia
Source: Reuters By Andrew Marshall, Asia Political Risk Correspondent SINGAPORE, May 24 (Reuters) - The investment landscape of Southeast Asia is being transformed. And one key factor above all is driving the ...
CDC Software completes investment in Marketbright
CDC Software Corp. said Monday that it has completed its investment in Marketbright, which provides software services to corporations.
After Bernie Madoff, knowing who to trust with your investment funds
When the Bernie Madoff affair shocked the nation, investors began wondering who they can trust. What matters more in an investment manager: the quality of an individual or the institution? How the pros pick who to trust with their investment funds.
ZepInvest Brings Research and Analysis from 70+ Top Investment Newsletters to Advisory Market
ZepInvest , a leading source of premium financial research and analysis, today announced the launch of ZepInvest Professional , a new Web-based service that gives financial professionals access to over 70 of the worlds most influential investment newsletters. Arranging thousands of pages of market-moving investment research in a fully searchable, customizable Web portal, ZepInvest Professional ...
Phreesia to Accelerate Growth with $16 Million Investment Led by Ascension Health Ventures
Strategic investment increases presence of self service solutions enabling clinicians to conveniently collect patient information and payments read more
Investment firm still strong after 50 years
SEA GIRT The partners of George McKelvey Investment Co. Inc. sat at a conference table one day last week as the stock market plummeted, and they displayed little hint of concern.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $1.38 or 1.0 percent, to $138.07. Morgan Stanley fell $.32 or 1.2 percent, to $25.43.
Dubai Has No Plan to Sell Marfin Investment, Marfin Bank Stakes
May 25 (Bloomberg) -- Dubai Group LLC doesnt plan to sell its holdings in Marfin Investment Group SA and Marfin Popular Bank SA of Greece, said the investment company owned by Dubais ruler Sheikh Mohammed Bin Rashid al-Maktoum.
After Bernie Madoff, knowing whom to trust with your investment funds
After Bernie Madoff, knowing whom to trust with your investment funds By G. Jeffrey MacDonald, Christian Science Monitor | Tuesday, May 25 Rusty Leonard and Mark Regier have a lot in common. Both are investment industry professionals, evangelical Christians and believers in working only with trustworthy business partners. They differ, however, in one area: how to figure out who can be trusted ...
Fraser Papers sells to Manchester investment fund
The last operating paper mill in Coos County will soon be managed by a Manchester company. Fraser Papers announced today it has agreed to sell most all its assets to an investment fund managed by MerchantBanc LLC of Manchester.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at noon: Goldman Sachs rose $2.65 or 1.9 percent, to $139.34. Morgan Stanley fell $.32 or 1.2 percent, to $25.43.
Investment gains boost Gladstone's 4Q results
Gladstone Investment Corp., which lends money to small and medium sized businesses, said late Monday that it posted a fiscal fourth quarter profit as its investments recorded gains instead of the losses logged in the year-ago period.
These Large Banks Aren't Investment-Grade
Not for the long term, anyway.
Panama Debt Rating Raised to Investment Grade by S&P (Update1)
May 25 (Bloomberg) -- Panamas credit rating was raised to investment grade by Standard & Poors Ratings, which cited countrys strong economic growth and declining debt.
Final Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies were up at the close of trading: Goldman Sachs rose $5.87 or 4.3 percent, to $142.56. Morgan Stanley rose $.36 or 1.4 percent, to $26.11.