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Colombia foreign investment dips but capital inflows up

BOGOTA (Reuters) - Foreign direct investment in Colombia fell 5.1 percent in the first quarter versus the same period a year ago, preliminary central bank data showed on Monday, while inflows destined for investment in financial assets doubled. The Andean nation received $3.64 billion from January to March, down from $3.84 billion in the same three months of last year, the data showed.

Brazil election jitters may hit investments in 2014: source

By Alonso Soto and Luciana Otoni BRASILIA (Reuters) - Brazil's presidential vote will likely delay some investment decisions this year but spending on infrastructure is expected to remain strong, a senior government official told Reuters on Tuesday. Although President Dilma Rousseff is the favorite to win the October 5 general election, many investors could withhold funds until the next government outlines its plans for the following four years, which could hamper the country's already slow economic growth.

World sovereign funds forum switches HQ to London

The International Forum of Sovereign Wealth Funds (IFSWF) announced on Wednesday that it is switching its headquarters from Washington to London. "The decision further reinforces IFSWF's position as a significant global institution," said the group, which represents the world's top sovereign wealth funds (SWFs). Finance minister George Osborne welcomed the "great news", saying it was a "vote of confidence" for the British economy. "I am determined to secure the UK's position as a world class business and financial centre," he added.

Hollande bids to woo foreign investors back to France

President Francois Hollande sought to woo sceptical investors back to France on Monday, telling global business chiefs his government had no fear of foreign capital. Anxious to bring the French economy back to sustained growth and turn around his record-low poll numbers, Hollande met some 30 top executives at the Elysee Palace for talks on France's business climate. The heads of leading companies including Volvo, Bosch, Siemens, Samsung, General Electric, Intel and Nestle were joined at the talks by chiefs of sovereign wealth funds from Gulf nations and China.

Overseas direct investment drops 11 pct in 2013

SEJONG, Feb. 13 (Yonhap) -- South Korea's overseas direct investment dropped 11 percent on-year in 2013 amid instability in the financial market and lingering uncertainty over the global economy, a government report showed Thursday. According to the report compiled by the finance ministry, the country's overseas direct investment totaled US$35.12 billion last year, down from the $39.46 billion tallied a year earlier. Overseas direct investment refers to Korean residents' equity investment in foreign countries or money spent to open and operate overseas branches and offices.

Overseas direct investment drops 11 pct in 2013

SEJONG, Feb. 13 (Yonhap) -- South Korea's overseas direct investment dropped 11 percent on-year in 2013 amid instability in the financial market and lingering uncertainty over the global economy, a government report showed Thursday. According to the report compiled by the finance ministry, the country's overseas direct investment totaled US$35.12 billion last year, down from the $39.46 billion tallied a year earlier. Overseas direct investment refers to Korean residents' equity investment in foreign countries or money spent to open and operate overseas branches and offices.

Report: Immigration agency should seek Commerce's help for investment-for-green-cards program

SIOUX FALLS, S.D. - The U.S. Citizenship and Immigration Services should get help from the Department of Commerce to oversee projects funded by the federal EB-5 investment-for-green-cards immigration program, a Washington think-tank says in a report released Wednesday. The Brookings Institution's study agreed with a December report by the Department of Homeland Security's Inspector General that found that the visa program for foreign investors goes far beyond the immigration agency's mission and it should better tap the business expertise of other government entities.

Egypt says stimulus package almost ready as it seeks to reassure investors

CAIRO (Reuters) - Egypt will announce details of its second stimulus package since Islamist President Mohamed Mursi was ousted in July within days, its finance minister said on Tuesday, aiming to boost tepid growth and reassure investors.

Egypt says stimulus package almost ready as it seeks to reassure investors

CAIRO (Reuters) - Egypt will announce details of its second stimulus package since Islamist President Mohamed Mursi was ousted in July within days, its finance minister said on Tuesday, aiming to boost tepid growth and reassure investors.

Foreign direct investment in S. Korea drops in 2013

SEJONG, Jan. 28 (Yonhap) -- New pledges for foreign direct investment (FDI) in South Korea dropped in 2013 from a year earlier, affected by a significant pullback by Japan, the Ministry of Trade, Industry and Energy said Tuesday. New FDI pledges plunged 10.7 percent on-year to US$14.55 billion last year, according to the ministry. The figure still marked a 9.9 percent gain from a five-year average of $13.24 billion. The ministry attributed the drop to a cut in FDI pledges from Japan, down 40.8 percent on-year to $2.69 billion.
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