Tab for GM, Chrysler continues to mount
Posted by on Nov 30th, 2009On top of investing more than $50 billion to save Chrysler Group LLC and General Motors Co., taxpayers have spent millions of dollars more in legal and consulting fees, and the meter will keep running into next year and beyond, according to bankruptcy court documents and legal experts.
Pa. steel town hopes to make green comeback
Posted by on Nov 30th, 2009Vandergrift, Pa., a former steel mill town, is investing millions toward environmentally sustainable revitalization.
Chinese ‘oppose’ Aussie investment
Posted by on Nov 30th, 2009Nearly half of Chinese people oppose investment in their country by the Australian government.
Hong Leong Investment Bank appoints new MD
Posted by on Nov 30th, 2009PETALING JAYA: Hong Leong Investment Bank Bhd has appointed Lee Jim Leng managing director and chief executive officer with effect from Nov 24. In a statement, HLIB said Lee has 20 years of fin…
Business investment continues to fall in NT
Posted by on Nov 30th, 2009Business investment in the Northern Territory fell by almost 30 per cent during the third quarter of this year.
Chinese ‘oppose Aussie investment’
Posted by on Nov 30th, 2009Nearly half of the people in China oppose investment in their country by Australian government-controlled entities, says a recent survey by the Lowy Institute.
On Investing: Choosing the right retirement plan
Posted by on Nov 30th, 2009Whether you’re an individual or a business organization, this is a good time of year to consider looking into establishing a brand new retirement plan, or taking a close look at how your current plan stacks up against others in today’s marketplace.
NM investment funds improve with market gains
Posted by on Nov 30th, 2009New Mexico’s public investment funds gained almost $3 billion during the last quarter as financial markets rallied, but they still haven’t recovered from losses suffered over the past two years. The state’s largest permanent and pension funds of the Public…
Trustmark selling stock to pay back US investment
Posted by on Nov 30th, 2009Regional bank Trustmark Corp. said Monday it is selling $100 million common shares in a public offering to raise money to help pay back the government’s $215 million investment under the financial bailout plan.