HONG KONG, Feb 1 (Reuters) – Yangtze China Investment Ltd
, a London-listed venture capital fund co-founded by Ying
Wai Wong, a senior Hong Kong official-turned businessman, plans
to raise new money for his firm to focus on China deals.
<ul><li>Feb. 1–THE Board of Investments (BOI) is dropping the "contingency list" from the 2010 Investment Priorities Plan (IPP), after the National Economic and Development Authority (NEDA) declared that the economic crisis ended…
The Wall Street Journal recently ran an article discussing a new leveraged approach taken by the State of Wisconsin Investment Board that highlights a number of shortcomings of with pension investing practices. Wisconsin, like many state pensions…
<ul><li>Jan. 31–Ahli United Bank B.S.C. (AUB) announced an increase in its stake in Ahli United Bank, Egypt (AUBE) from 35.3% to 79.6%, completed through a formal tender offer to all AUBE shareholders. </li><li>This was achieve…
<ul><li>Jan. 31–KUWAIT — The Kuwait Asia Brokerage (KAB) launched its operations in Kuwait yesterday with the unveiling of various investment tools for its global clients. </li><li>On this occasion, the Vice Chairman of KAB in…
<ul><li>Reforms are needed urgently to bar big commercial banks from engaging in risky investments and trading, a top White House adviser says.</li><li>Paul Volcker, former Federal Reserve chairman and chairman of President Bara…
<ul><li>Jan. 30–The financial empire that investment guru Trevor Cook and 81-year-old radio pitchman Pat Kiley built together is gradually going the way of Rome, via the auction house. </li><li>On Monday, U.S. District Judge Mi…
<ul><li>Jan. 30–PHILIPPINE Long Distance Telephone Co. (PLDT) expects higher profits this year as it accelerated its capital spending to expand its broadband network. </li><li>Manuel Pangilinan, PLDT chairman told reporters tha…
<ul><li>Jan. 29–Records show that a contract between the State Investment Office and an international law firm has been amended six times since 2005, boosting the original $30,000 cost to $5.8 million. </li><li>The deal — whic…
<ul><li>DWS Global Commodities Stock Fund, Inc. (NYSE:GCS) today announced clarification of the investment changes first announced on January 20, 2010.</li><li>The Board of Directors has approved a change in the Fund’s inves…