China Infrastructure Investment Reports Second Quarter and Six …

The News Review:

- China Infrastructure Investment Reports Second Quarter and Six …
- Fairfax Fourth-Quarter Profit Falls on Fewer Investment Gains
- With Cash to Spend China Starts Investing Globally
- Pakistan Stock Fund May Sustain Rally With Investment

China Infrastructure Investment Reports Second Quarter and Six …
CNNMoney.com -
Revenues in the quarter — which were derived principally from theoperation of the Pingling Expressway — were $12101788 compared with$13954729 in the same period last year. Second quarter net income declined to $282583 from $2183653 or $0. 04 pershare in the second quarter last year. In the six months ended on December 31 2008 revenue decreasedapproximately $1.

Fairfax Fourth-Quarter Profit Falls on Fewer Investment Gains
Bloomberg -
Chief Executive fficer. The swaps are financial instruments basedon bonds and loans that are used to speculate on a company?sability to repay debt or to hedge against losses. The value ofthe contracts increases when investor sentiment deteriorates andthe cost of protection rises. Fairfax said it sold almost all of its U.
Related from Plastic-package: Sealed Air Profit Falls 41% As Plastics Demand Slows

With Cash to Spend China Starts Investing Globally
New York Times United States -
Beijing said on Friday that one of its big state-owned banks the China Development Bank agreed to lend Brazil’s oil giant Petrobras $10 billion in exchange for sending China a long term supply of oil. That investment came after similar deals were signed this week with Russia and Venezuela bringing China’s total oil investments this month to $41 billion. China’s biggest aluminum producer also agreed earlier this month to invest $19. 5 billion in Australia’s.

Pakistan Stock Fund May Sustain Rally With Investment
Bloomberg -
19 (Bloomberg) — National Investment Trust Pakistan?sbiggest money manager has 65 percent of a state-backed stockmarket fund still available for investment helping sustain arally in equities from a five-year low. National Investment has invested about 7 billion rupees ($87million) since Jan. 13 from the so-called State Enterprise FundChairman.

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