Personal Finance

China Mobile investing $5.8B in Chinese bank

China Mobile Ltd., the world’s biggest phone company by subscribers, said Wednesday it was investing $5.8 billion in a Chinese bank as part of a plan to develop mobile phone banking and business services.


Ominvest to be main sponsor of first Oman Global Investment Forum

Muscat, 10th March, 2010: Ominvest Ominvest has announced it will be the main sponsor of the first Oman Global Investment Forum that will showcase investment opportunities in the Sultanate and internationally and will bring together key industry leaders, financial intermediaries and top level policy makers.


Supertech to invest Rs 4,000 cr in 15 projects; plans IPO

Real estate firm Supertech today said it will invest Rs 4,000 crore for developing 15 realty projects across North India in the next three years, and it is planning to raise capital through a public offer.


India’s Bhushan Steel to Invest $6.1 Billion in 6 Million-Ton Value-Added Steel Mill, an Industrial Info News Alert

BANGALORE, INDIA– – Researched by Industrial Info Resources — Leading Indian manufacturer of auto-grade steel Bhushan Steel Limited plans to invest $6.1 billion to develop a value-added steel mill at Bellary in the southern Indian state of Karnataka. Company officials from Bhushan Steel told Industrial Info that the …


Foxconn denies promises to invest in Kaohsiung Harbor

Foxconn Electronics has issued a filing with the Taiwan Stock Exchange commenting on recent reports stating that the company has backed out of promises to the Kaohsiung City government to establish a global shipping hub at Kaohsiung Harbor in the southern port city of Taiwan. Foxconn stated that the company never made any firm agreement to invest in Kaohsiung …


Prime real estate in Morocco offers a solid investment

According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand from discerning professional investors and second home owners from around the globe, who are seeking a relatively lower-risk real estate investment in a country less affected by the recession than others like the UK and USA.


Invest in India, former Vodaphone CEO to students

Arun Sarin, the newly minted honorary knight of the British Empire who delivered the ending keynote, urged the Berkeley students to invest in Asia and work there to learn valuable entrepreneurial lessons.


DiGi to invest RM100m in sustainable initiatives

danny@thestar.com.my KUALA LUMPUR: DiGi Telecommunications Sdn Bhd plans to invest about RM100mil in sustainable programmes in Malaysia until 2012. Chief executive officer Johan Dennelind said DiGi ha…


Midday Glance: Investment Banks companies

NEW YORK — Shares of some top investment banks companies are mixed at noon: Goldman Sachs rose $1.93 or 1.1 percent, to $171.77.


Israel visa restrictions block investment: Palestinians

Israeli visa restrictions are the main obstacle to foreign investment in the West Bank and the Gaza Strip, the Palestine Trade Centre said in a report on Monday.