Iraqi Prime Minister Nuri al-Maliki arrived in France on Monday - his fist official visit to the nation - to drum up European investment for rebuilding Iraq. He also met with French President Nicolas Sarkozy.
World Bank president Robert Zoellick (photo) said on Thursday that the 185-nation lender would invest $45 billion in infrastructure over three years for "job creation, sustainable economic growth and overcoming poverty".
China is planning a 10-billion-dollar fund to develop South Asian infrastructures, reported state media on Sunday. The announcement was to be made by Chinese Premier Wen Jiabao during the cancelled ASEAN summit in Thailand.
Investment tycoon Warren Buffett's investment firm, Berkshire Hathaway, was downgraded by credit ratings agency Moody's to "Aa2" from "AAA", the highest rating. The firm had already been downgraded by the ratings agency Fitch.
Foreign direct investment in China took a further hit in the month of February, the commerce ministry said. Investment by foreign business in the first two months of the year is down 26.23 percent from a year earlier.
In China's largest ever investment in a foreign company, the Chinese aluminium group firm is to invest 19.5 billion dollars in Anglo-Australian mining group Rio Tinto, the latter announced. Rio Tinto also posted a 50% fall in annual net earnings.
A Japanese businessman has been arrested for allegedly swindling at least $1.4 billion from investors while promising a 36% annual return on investment in his company, which issued its own form of electronic money.
Angry investors gathered outside the headquarters of ex-Nasdaq chairman Bernard Madoff, arrested on Thursday for pulling off a $50 billion scam -- the largest fraud ever on Wall Street. He now faces the prospect of 20 years in prison.