BEIJING – China’s state planner on Tuesday solicited public opinion on 2022’s draft list of sectors for foreign investment, which has been expanded to encourage foreign capital to flow into …
Investment
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- Business News
Hometap Expands Home Equity Investment to Homeowners in Utah
by Your Newsby Your NewsWith Mortgage Interest Rates Spiking, Beehive State Homeowners Gain Access to Non-Debt Alternative to Tap into Historic Level of Home Equity BOSTON, May 9, 2022 — Hometap, which provides a …
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LONDON – Britain’s finance ministry set out options on Monday for how the tax system could be reformed to encourage companies to invest more, something finance minister Rishi Sunak has …
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ZURICH – Swiss wealth and asset manager Pictet has named Edmund Buckley head of the Direct Private Equity division as the Geneva-based group expands its alternative investment business, it said …
- Business News
FAIRSTEAD AND LIHC INVESTMENT GROUP ANNOUNCE NEW GROUND-UP MIXED-INCOME DEVELOPMENT AT ESSEX PLAZA IN NEWARK, NJ
by Your Newsby Your NewsNew development would add 241 mixed-income apartments to the campus as well as amenities, ground-floor commercial space, and underground parking NEWARK, N.J., May 4, 2022 — Fairstead, a purpose-driven, vertically …
- Department of Justice Press Releases
Dearborn Resident Sentenced in Investment Fraud Scheme
by DOJ Pressby DOJ PressDETROIT – Dearborn resident Ali Rameh Bazzi was sentenced to 33 months of imprisonment today on charges of wire fraud and money laundering arising out of an approximately $500,000 investment …
- Business News
MARGS, THE AWARD-WINNING, READY-TO-DRINK, CANNED MARGARITA ANNOUNCES $3M INVESTMENT FROM LAB CAPITAL ADVISORS
by Your Newsby Your NewsNEW YORK, May 4, 2022 — MARGS, the ready-to-drink, bold and refreshing canned margarita, which launched last year, has just announced that Lab Capital Advisors is investing $3M in the award-winning …
- Department of Justice Press Releases
West Palm Beach Investment Fraudster Sentenced to 42 Months in Federal Prison After Losing Investor Millions in Wire Fraud Scheme
by DOJ Pressby DOJ PressMiami, Florida – Fifty-four-year-old West Palm Beach, Florida resident Salvatore Renaldi has been sentenced in South Florida federal district court to 42 months in federal prison for orchestrating and running …
- Department of Justice Press Releases
Idaho I.T. Professional Charged With Misappropriating Pre-Publication Investment Recommendations For Insider Trading Scheme
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of …
- Financial News
UN chief calls for debt relief, post-COVID investment on W. Africa trip
by Reutersby ReutersBy Nellie Peyton DAKAR – U.N. Secretary-General Antonio Guterres on Sunday urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and …
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WASHINGTON -Assistant United States Trade Representative (USTR) for African Affairs Constance Hamilton will lead a delegation to Kenya on May 1 to explore opportunities for enhanced trade and investment engagement, …
- Financial News
Proposed China investment curb by U.S. sparks debate among chipmakers
by Reutersby ReutersBy Alexandra Alper WASHINGTON – Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers to block billions in U.S. …
- Financial News
Investment banks rush to cut yuan forecasts following rapid losses
by Reutersby ReutersSHANGHAI – Global investment houses have rushed to cut their yuan forecasts as China’s currency heads for its worst month in decades, with optimism souring amid a domestic economic slowdown …
- Financial News
Global tax overhaul will not slow Google’s investment in Ireland, CEO says
by Reutersby ReutersDUBLIN – A global tax deal will make “no difference” to Alphabet Google’s operations in Ireland as the company remains committed to investing and adding staff to its European hub …
- Financial News
Argentina seeking $10 billion investment to jump-start LNG exports, minister says
by Reutersby ReutersBy Eliana Raszewski BUENOS AIRES – Argentina, battling a deep and costly energy deficit, is looking to attract some $10 billion in private investment to help it jump start exports …
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By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Foreign direct investment (FDI) in Indonesia soared 31.8% on a yearly basis in the first quarter in rupiah terms, the country’s investment …
- Department of Justice Press Releases
Florida man who defrauded elderly investors with fake commodities investment scheme sentenced to prison
by DOJ Pressby DOJ PressSeattle –A Cocoa Beach, Florida, man was sentenced today in U.S. District Court to 30 months in prison for wire fraud in connection with his million-dollar scheme to pose as …
- Department of Justice Press Releases
Two Men Are Facing Federal Charges In Connection With Multi-Million Dollar Investment Scheme
by DOJ Pressby DOJ PressCHARLOTTE, N.C. – Two Cornelius, North Carolina residents are facing federal charges in connection with a multi-million dollar investment scheme, announced Dena J. King, U.S. Attorney for the Western District …
- Financial News
Chinese markets continue to see foreign investment outflows in April
by Reutersby Reuters(Reuters) – Overseas investors extended their selling of Chinese shares into April, after dumping them in the previous month, on mounting worries about the impact of prolonged COVID-19 lockdowns, growth …
- Department of Justice Press Releases
Albuquerque investment broker pleads guilty to mail and wire fraud and failure to file tax returns
by DOJ Pressby DOJ PressALBUQUERQUE, N.M. – Richard Kessler, 50, of Albuquerque, pleaded guilty on April 18 in federal court to one count each of mail fraud and wire fraud and four counts of …
- Financial News
Goldman CEO, top deputies to get cut of profits from bank’s private investment funds – WSJ
by Reutersby Reuters(Reuters) – Goldman Sachs Chief Executive David Solomon and his top deputies will get a part of profits from the bank’s private investment funds, the Wall Street Journal reported on …
- Department of Justice Press Releases
Fresno Man Sentenced to over 5 Years in Prison for Investment Fraud, Bank Fraud, and Tax Evasion
by DOJ Pressby DOJ PressFRESNO, Calif. — Kenneth Shane Patterson, 44, of Fresno, was sentenced today by U.S. District Judge Dale A. Drozd to five years and six months in prison and ordered to …
- Business News
QuadReal and Store Space Announce $1 Billion Self-Storage Investment Partnership
by Your Newsby Your NewsThe partnership’s value-add and core-plus investment strategy was seeded with the $200 million acquisition of a 13-property portfolio totaling over 9,000 units, or 1.1 million square feet. This portfolio includes a …
- Financial News
Indonesia’s wealth fund signs $2.7 billion toll road investment
by Reutersby ReutersBy Stefanno Sulaiman and Gayatri Suroyo JAKARTA – Indonesia’s sovereign wealth fund on Thursday signed two agreements to invest in toll roads on the islands of Sumatra and Java worth …
- Financial News
Pendal says Perpetual’s offer significantly undervalues investment manager
by Reutersby Reuters(Reuters) -Pendal Group Ltd said on Tuesday the A$2.40 billion ($1.78 billion) non-binding takeover offer from asset manager Perpetual Ltd “significantly undervalued” the Australian investment manager. The A$6.23 per share …