Investment

By Tetsushi Kajimoto TOKYO (Reuters) – Japanese government on Friday called for doubling a tax-free stock investment programme for households, to encourage savers to put more money in riskier assets …

JAKARTA (Reuters) – Indonesian household spending will likely remain stable in the fourth quarter, while investment will probably rise, Finance Minister Sri Mulyani Indrawati said on Thursday. For the whole …

Damian Williams, the United States Attorney for the Southern District of New York, announced that JAMES VELISSARIS, the founder and former chief investment officer of Infinity Q Capital Management (“Infinity …

LONDON (Reuters) – India has emerged as the second most coveted investment market after the United States for sovereign wealth funds and public pensions funds in 2022, according to a …

CHARLOTTE, N.C. – An indictment was unsealed today in federal court charging Wynn A.D. Charlebois, 52, of Charlotte, with wire fraud and money laundering in connection with a multi-million dollar …

ZURICH (Reuters) – The Swiss arm of Credit Suisse’s investment bank will be largely unaffected by the restructuring plan the bank announced last month, said Jens Haas, head of investment …

CHARLOTTE, N.C. – A federal jury in Charlotte has convicted Michael Mandel Baldwin, 53, of Alexandria, Virginia, for orchestrating an investment scheme that defrauded victims of more than $800,000, announced …

BEIJING (Reuters) – China’s state planner, the National Development and Reform Commission (NDRC), in October approved eight fixed-asset investment projects worth 9 billion yuan ($1.27 billion), Meng Wei, an NDRC …

By Marc Frank and Nelson Acosta HAVANA (Reuters) – Cuba on Tuesday said it had signed 30 foreign investment deals valued at around $400 million this year, more than in …

(Reuters) -Saudi Arabia recorded second-quarter foreign direct investment (FDI) flows down 85% year on year, an investment ministry report showed on Tuesday. The FDI inflows were at 7.9 billion riyals …

BEIJING (Reuters) – China’s property investment fell at a faster pace during January-October, declining 8.8% from a year earlier after slumping 8.0% in the first nine months of the year. …

(Reuters) – Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021, according to a person familiar with the matter. Coinbase had …

BEIJING/HONG KONG (Reuters) – The China Investment Corp (CIC) sovereign wealth fund booked a 14.27% net return on overseas investment in 2021 in U.S. dollar terms, it said on Friday. …

SHARM EL-SHEIKH, Egypt (Reuters) – Saudi Aramco chief Amin Nasser said on Friday he was concerned there was not enough investment in the oil and gas sector to meet global …

BOSTON – A Watertown man was arrested today for allegedly defrauding investors who believed they were financing lucrative short-term sports ventures in Africa. Adrian Kawuba, 33, was charged with one …

SAN ANTONIO – A Mexican national man and his wife, both residing in San Antonio, were sentenced in federal court today for a scheme to defraud business investors of over …

GREAT FALLS  — An investment scheme in which a Colorado man admitted to defrauding a Montana family of $391,280 by purporting to invest the money in gold in Africa was …

(Reuters) – MetLife Inc on Wednesday reported a 53% drop in third-quarter profit as economic pressures and a global market rout led to weaker returns from the U.S. insurer’s investments. …

BEIJING (Reuters) – An official of China’s state planner said on Wednesday that the country’s foreign investment has increased steadily so far this year and that it will encourage more …

‘Discourage Investment’: Clinton Treasury Secretary Bashes Biden’s Windfall Oil Tax Plan Jack McEvoy on November 1, 2022 Former President Bill Clinton’s Treasury Secretary Larry Summers on Tuesday criticized President Joe …

(Reuters) – Insurer American International Group Inc on Tuesday reported a more than 39% decline in quarterly profit as investment income fell by more than $1 billion and losses from …

By Maha El Dahan ABU DHABI (Reuters) – The world must act swiftly to invest in oil to prevent future energy emergencies as global demand for the hydrocarbon grows in …

CHARLESTON, W.Va. – Leonard Theodore Kern, 68, of Plano, Texas, was sentenced today to 10 months in prison, to be followed by three years of supervised release, for obstruction of …

BEIJING (Reuters) – China’s state planner on Friday issued the 2022 list of sectors for foreign investment, which has been expanded to encourage foreign capital to flow into manufacturing sectors …

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s SK Hynix Inc warned on Wednesday of an “unprecedented deterioration” in memory chip demand, deepening fears of global recession, and …