Sovereign funds fly out dollar deposits

In reaction to growing US dollar weaknes, some sovereign wealth funds decided to reduce their exposure to that currency. According to the following FT article "Behind the scenes, fund officials are questioning the credibility of the Federal Reserve and US Treasury in...

Mass. regulators file fraud charges against UBS

"Massachusetts regulators filed civil fraud charges Thursday against UBS Financial Services for allegedly selling investments it knew were extremely risky, but portrayed as safe. The complaint by the...

10 ways to earn extra money

"Generating multiple streams of income can have a major impact on your finances. Even an extra income of $500 each month could go a long way to paying down debt or increasing your investments. We often hear about the importance of diversifying our investments, but...

Islamic hedge funds find a way of going short « Peter J. Cooper’s Weblog

"Barclays Capital, and the Dubai Multi Commodities Centre Authority, an agency of the Dubai government, today announced the first Shariah compliant hedge funds on the Al Safi Trust platform. This breaks new ground for Islamic investors and opens up an entirely new asset class...

Dubai’s plans worry the City of London « Peter J. Cooper’s Weblog

" Last week Standard Chartered chief economist Gerald Lyons told journalists in Dubai that he had recently been in a meeting with senior members of the UK government where, for the first time in his experience, genuine concern over the mounting competition from Dubai as a...

McCain's wife sells Sudan Oil related investments

Note from ifindtrends:I just want to notate a couple of things that I found interesting about this story since it's below the fold.Just to be fair, if you look way down at the end, it discloses that other politicians...

Marriott considers hotel in Baghdad's Green Zone

Marriott International is considering building a hotel in Baghdad's Green Zone.I'm not sure I would want to stay there to be honest; it wouldn't be my first choice for a holiday destination at the moment. "The...

Iraqi Chicken Farmers Get Jumpstart With Egg Delivery

" BAGHDAD, April 28, 2008 – Chicken farmers in Mahmudiyah, 20 miles south of Baghdad, received the jumpstart their industry needed with the arrival of 45,000 eggs, each ready for hatching. Army Capt. Benjamin Neusse, a civil military operations officer with 3rd...

Bank of Montreal Misses Margin Calls

Shoes are starting to drop at an alarming rate in the Canadian financial system.  The latest news from BMO isn't good:""We are no longer in the same world that we were in December," said a person familiar with...

BrightSpark: Venture Capital is not what it used to be, we are changing

"A lot of us like to speculate on the state of Venture Capital in Canada; we all have a vested interest in the existence of a healthy and competitive market. For BrightSpark, the truth has been much more...

TM`s Overseas Subscriber Growth Contributes to Strong 3Q Results

"Headquartered in Kuala Lumpur, Malaysia, TM's Asian mobile operations include stakes in Indonesia's PT Excelcomindo Pratama Tbk (67.02 percent), Bangladesh's TM International (Bangladesh) Limited (70 percent), Sri Lanka's Dialog Telekom Plc (84.83 percent), India's Spice...

Log On to E*Trade. Sell E*Trade.

The Wall Street bloodbath gains more momentum; just when you thought it was "safe" to breathe--a metaphor, to be sure--no offense, Mr. Al Gore: E*Trade Financial shares hit rock bottom at the open, and have since...

The Road Ahead for Canadian Venture Capital

Mark Skapinker is one of the board members at NowPublic and one of our esteemed investors.  I love it when he goes on a rant about the VC market in Canada.  People should sit up and listen.  He is...

Antam`s Net Profit Surges 374% Billion (US$421M)

"Antam's President Director, Mr. Dedi Aditya Sumanagara said: "We are very happy with our record-setting financial performance for the first nine months of 2007. Together with higher nickel prices, we can see the significant benefits of boosting our production volumes, while...

Vivo Ventures expands team with the addition of James Huang

"Vivo Ventures is a venture capital firm focused on the life sciences formed in 1996 with over US$650M under management. With over 90 years of scientific and operational expertise in biotechnology, Vivo helps its portfolio companies develop corporate strategy, arrange...

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