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Russian investigators request house arrest for US investor

Moscow - Russian investigators have asked a Moscow court to move US investor Michael Calvey, who is accused of fraud, from pre-trial jail to house arrest.

China approves foreign investment law, possible US olive branch

Bejing - China's rubber-stamp parliament approved a foreign investment law Friday that may serve as an olive branch in trade talks with the United States, but it received a lukewarm welcome from business groups.

China to vote on foreign investment law

Bejing - China's rubber-stamp parliament will vote Friday on a foreign investment law that was fast-tracked in what observers see as a bid to facilitate trade talks with the United States.

SXSW 2019's Cannabusiness track opens on Thursday

Austin - South by Southwest (SXSW) has been going on annually since 1987, and at the same time, has grown to become an interactive 10-day event featuring everything from music to conferences and film. This year, for the first time, cannabis is a major theme.

Fund of US investor detained in Russia appeals to Putin

Moscow - The investment fund founded by a US businessman detained in Moscow on suspicion of fraud appealed on Monday to Russian President Vladimir Putin to personally intervene in the case.

Russian arrests of foreign businessmen shocks Western investors

Moscow - The arrest in Russia of prominent US and French investors on suspicion of fraud has sent shockwaves through Western business circles and sparked fears of cutbacks in foreign investment sorely needed for economic growth.

Arrest of US investor 'should not affect investment climate': Kremlin

Moscow - The Kremlin on Monday said the arrest of a major US investor on fraud charges should "not affect the investment climate" in Russia.

Venezuela: Another black eye for Chinese economic diplomacy

Bejing - China and Venezuela seemed like natural bedfellows: one is the planet's top crude-oil importer and the other possesses the world's largest reserves.

Tencent investment in Reddit sparks censorship worry

San Francisco - Reddit confirmed Monday a new funding round that included a $150 million investment by Chinese technology behemoth Tencent, prompting concerns that "the front page of the internet" might wind up censored.

Xi heads to Portugal as China's influence worries EU partners

Lisbon - Chinese President Xi Jinping arrives in Portugal Tuesday for a two-day visit to strengthen ties, amid concern in some EU capitals over China's growing influence on the continent.

Saudi conference loses sheen after Khashoggi crisis

Apo - Delegates swooned as a band belted out "Hotel California" on the sidelines of a Saudi investment forum, with organisers projecting it as business as usual despite mass cancellations from global CEOs over critic Jamal Khashoggi's murder.

Q&A: What's driving mobile investing? Special

Mobile applications continue to touch every point of our daily lives, and a key area of growth is with financial apps especially within millennials. One example is Newchip, and the company's founder explains why this area of fintech is proving popular.

China's Belt and Road tempts states, but comes with risks

Nusa Dua - China's massive "Belt and Road Initiative" building push may create debt risks but is also responding to major infrastructure gaps in Asia and could boost global trade, World Bank officials say.

US tightens restrictions on foreign investment in key sectors

Washington - The US government on Wednesday announced a plan for tougher oversight of foreign investment in key technology industries, a move seen as largely targeted at China.

Portugal and former colony Angola seek to repair ties

Lisbon - After years of tensions, Portugal and its one-time African colony Angola are seeking to put relations back on track, with high-level visits planned to push economic ties and repair their troubled past.

Portugal and former colony Angola seek to repair ties

Lisbon - After years of tensions, Portugal and its one-time African colony Angola are seeking to put relations back on track, with high-level visits planned to push economic ties and repair their troubled past.

Malaysia draws China link to huge financial scandal

Kuala Lumpur - Malaysia's ousted leader has denied wrongdoing over a $2.4 billion China-backed pipeline deal after the new government said the project was "highly suspicious" and linked it to a massive financial scandal.

Allianz stops insuring coal-fired power plants and coal mines

Munich - Munich, Germany-based Allianz Group announced on Friday that it would refuse insurance coverage of coal-fired power plants and coal mines effective immediately, and would aim to get rid of all coal risks in its business by 2040.

Germany coalition bickers over military and aid spending

Berlin - Bickering broke out within Chancellor Angela Merkel's hard-fought coalition on Wednesday, as German budget plans left the defence and international development ministries out in the cold.

German investor confidence hits 5-year low on trade tensions

Frankfurt Am Main - Investor confidence in Germany tumbled to its lowest level since 2012 in April, a key survey showed Tuesday, as geopolitical concerns and trade tensions weighed on Europe's top economy.The ZEW economic institute's monthly barometer tumbled to -8.

Siemens to invest 1 bn euros in Brazil to 'unleash growth'

Frankfurt Am Main - German industrial group Siemens announced plans Wednesday to invest a billion euros in Brazil over the next five years, as Latin America's biggest economy cements its recovery from a brutal recession.

New innovation for digital investment advice market

A Canadian based startup has raised funding and plans to disrupt the ever-changing digital investment advice market. The company is Wealthsimple and it has raised $51 million in funding from Power Financial Corp.

Macron eyes action against Chinese farm buyers

Paris - President Emmanuel Macron promised measures Thursday to help prevent foreign investors buying French farms amid concern that Chinese businesses are taking advantage of low land prices and distressed rural communities.

Australia toughens foreign investment rules amid China concerns

Sydney - Australia announced tougher restrictions on foreign buyers of agricultural land and electricity infrastructure on Thursday amid fears over rising Chinese influence.

French minister urges more German investment in EU

Berlin - France's Finance Minister Bruno Le Maire on Wednesday urged Germany to plough more investments into major European projects and allow wages to rise, as part of Berlin's contribution to boosting growth in Europe.

Digital strategies matter in bond markets

IT investments are popular on stock markets due to the potential of high rewards. New research shows that IT investments also matter to bond markets. However, investing here requires a different strategy, according to a new study.

Apple invests $390m in TrueDepth supplier Finisar

Apple's announced it will invest $390m into Finisar, the company that manufactures components for Apple's TrueDepth iPhone cameras. Finisar's technology is behind many of Apple's latest innovations, including Face ID and Animoji on the iPhone X.

Making investments with advanced blockchain technology: Interview Special

Using advanced blockchain technology, the company Funderbeam undertakes investments that are tokenized. Each digital token represents its owner's rights in an investment syndicate. To find out more we spoke with Mads Emil Dalsgaard, CMO at Funderbeam.

China's Silk Road revival hits the buffers

Singapore - From a stalled Indonesian rail project to an insurgency-threatened economic corridor in Pakistan, China's push to revive Silk Road trade routes is running into problems that risk tarnishing the economic crown jewel of Xi Jinping's presidency.

UK Queen's private estate invested in offshore funds: leaks

London - Millions of pounds from the private estate of Britain's Queen Elizabeth II have been invested in offshore tax haven funds, a huge new leak of financial documents revealed on Sunday.Around £10 million ($13 million, €11.
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