KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock
last year, and eyes investments in Asia and Latin
America in 2010, KIA’s managing director told Al Arabiya TV.
“Last May we inve…
KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock last
year, KIA’s managing director told Al Arabiya TV.
“Now we have made about 40 percent of profit (from
BlackRock’s capital hik…
<ul><li>Jan. 30–The Wyoming Valley Sanitary Authority is looking to join the ranks of regional sewer authorities profiting from natural gas drilling. </li><li>Following Williamsport and Sunbury, where authorities are already tr…
<ul><li>Exelon Corporation today announced that it intends to join the FutureGen Alliance, a non-profit organization developing a state-of-the-art clean coal demonstration facility to be located in Mattoon, Ill.</li><li>&quo…
Market still in funk…
The Dow Jones Industrial Averages and the NASDAQ continued their slide this week but not nearly as bad as last week’s bloodbath. Solar stocks in the 20SSI fared a little better inching the index up nearly three points. Februa…
<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–Chipmaker Taiwan Semiconductor Manufacturing Co., which owns and operates the WaferTech semiconductor foundry in Camas, said Thursday that its fourth-quarter profit more than doubled after a rebound in global demand for …
<ul><li>Jan. 29–At a time when many Washington banks are struggling to stay afloat in a sea of red ink, the parent of Whidbey Island Bank is taking its larger rivals to school. </li><li>Oak Harbor-based Washington Banking on Th…
<ul><li>Jan. 29–An unexpected fourth-quarter profit sent shares of Columbia Banking System higher Thursday. </li><li>Wall Street analysts had on average expected a loss of 10 cents per common share, according to First Call. <…
There was a sharp move intraday in EUR/CHF that smells like intervention…but was it? SNB member Hildebrand and the Bank of International Settlement has declined to comment on the move in the Swiss Franc. The first chart shows today’s price action i…