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Today's Headlines |
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Starbow Gets Another BAe 146 Aircraft
Posted on: Tue 24 Apr, 2012.
STARBOW has taken delivery of another BAe 146 aircraft. This brings Starbow's fleet to three, and a fourth one is expected to arrive in the country before the end of this month. Read more...
Geithner to reassure China on investment
Posted on: Fri 29 May, 2009.
WASHINGTON (AFP) - US President Barack Obama's top economic official will reassure China that its massive US bond holdings are safe despite Beijing's concerns about Washington's rising debt, officials said. Read more...
Foreign direct investment falls again in China
Posted on: Fri 15 May, 2009.
BEIJING (AFP) - Foreign direct investment in China has dropped 22.5 percent year-on-year in April for the seventh straight monthly fall, according to the commerce ministry. Read more...
China Mobile in ground-breaking Taiwan investment
Posted on: Thu 30 Apr, 2009.
BEIJING (AFP) - China Mobile has said it plans to take a 529 million dollar stake in a top Taiwan telecom firm in what would be the first major direct investment by a mainland company in the island since a 1949 split. Read more...
China buying mission to head for Europe
Posted on: Wed 29 Apr, 2009.
BEIJING (AFP) - China will send a buying and investment team to Europe before the end of June, an official said Wednesday, following a similar mission to four European Union countries earlier this year. Read more...
Allianz, AmEx sell half of stakes in China's ICBC
Posted on: Tue 28 Apr, 2009.
SHANGHAI (AFP) - American Express Co and German insurer Allianz said Tuesday they had offloaded half of their stakes in Industrial and Commercial Bank of China (ICBC) as soon as a lockup period expired. Read more...
Firms shortlisted for Nigeria gas investment
Posted on: Tue 21 Apr, 2009.
ABUJA (AFP) - Twelve foreign companies have been shortlisted as prospective investors in Nigeria's vast gas sector, the head of state-run Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, said Monday evening. Read more...
Foreign direct investment falls again in China
Posted on: Wed 15 Apr, 2009.
BEIJING (AFP) - Foreign direct investment in China fell 9.5 percent in March for the sixth straight monthly fall, but there were some signs the worst could be over, the government said. Read more...
Cisco in two bln dlr SKorea deal: report
Posted on: Wed 15 Apr, 2009.
SEOUL (AFP) - South Korean mobile carrier SK Telecom said it had agreed to a deal with US IT giant Cisco Systems, a day after Cisco reportedly announced plans to invest two billion dollars in South Korea. Read more...
Mexican energy giant gets 712 mln for upgrades
Posted on: Thu 02 Apr, 2009.
MEXICO CITY, (AFP) - Mexico's state-run oil giant Pemex has sold bonds worth 712 million dollars in a bid to secure fresh funds for investment, the firm said. Read more...
China to extend foreign bank investment periods
Posted on: Wed 01 Apr, 2009.
SHANGHAI (AFP) - China plans to extend the period that foreign investors must hold their stakes in local banks, following anger over recent quick sales, state media said Wednesday. Read more...
China has to keep buying US Treasuries: analysts
Posted on: Mon 30 Mar, 2009.
BEIJING (AFP) - China has little choice but to keep buying US Treasuries despite concerns about the safety of its American assets, amid reports it has lost billions of dollars in forex reserves, analysts said. Read more...
China cements role as top creditor to US: Treasury
Posted on: Tue 17 Mar, 2009.
WASHINGTON (AFP) - China consolidated its position as the top creditor to the United States, with 739.6 billion dollars in US Treasury bond holdings as of late January, US government data showed. Read more...
China to boost Africa investment fund: FT
Posted on: Tue 17 Mar, 2009.
BEIJING (AFP) - China will boost its state-run Africa investment fund by two billion dollars, so as to snap up opportunities left by Western investors leaving the continent, the Financial Times said Tuesday. Read more...
Australia delays call on Chinalco, Rio Tinto deal
Posted on: Mon 16 Mar, 2009.
SYDNEY (AFP) - Australia's government has delayed making a decision on whether to approve a 19.5 billion US dollar investment by China's Chinalco in mining giant Rio Tinto, the Treasury said Monday. Read more...
French state to invest in banking merger: minister
Posted on: Mon 23 Feb, 2009.
PARIS (AFP) - The French government is to provide between 2.5 and 5.0 billion euros in loans to support the merger of banks Caisse d'Epargne and Banque Populaire, Finance Minister Christine Lagarde said on Monday. Read more...
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