Latest International investing News

3 indicted in immigration scam targeting overseas investors

Aug. 20, 2019 8:28 PM EDT

OAKLAND, Calif. (AP) — Three people face federal charges in California for allegedly defrauding foreign investors in a jobs program overseen by U.S. immigration officials, federal prosecutors said Tuesday. Thomas Henderson, Cooper Lee and Kexing Hu have been indicted on wire fraud and conspiracy charges in...

7 groups interested in investing in Bulgaria nuclear project

Aug. 20, 2019 9:44 AM EDT

SOFIA, Bulgaria (AP) — SOFIA, Bulgaria (AP) - Seven international groups have expressed interest in becoming strategic investors in the construction of Bulgaria's second nuclear power plant, the country's energy minister said Tuesday. Temenuzhka Petkova said that applications for investing in the 10...

Where'd all the stocks go? Nasdaq's CEO on shrinking market

Aug. 19, 2019 12:45 PM EDT

NEW YORK (AP) — The stock market is a much less crowded party than it used to be. In the late 90s, when a bevy of hot dot-com companies were rushing to sell their shares on public markets, investors had more than 7,500 U.S. stocks to choose from. The dot-com bust culled many of those stocks, though, and...

Not just Bali: Indonesia hopes to develop more tourism sites

Aug. 13, 2019 8:48 PM EDT

YOGYAKARTA, Indonesia (AP) — Hundreds of tourists, many of them young Westerners, sat on gray stone steps atop the world's largest Buddhist temple, occasionally checking cellphones or whispering to each other as they waited for daylight. Sunrise wasn't spectacular on that recent summer day. But even an...

Hong Kong airport protest shutdown tarnishes business image

Aug. 12, 2019 2:42 PM EDT

Mass flight cancellations at Hong Kong's airport disrupted one of the world's busiest air-transport hubs on Monday, causing chaos for tourists and business travelers and playing havoc with global airlines' flight schedules— a fresh escalation of the city's protest movement that threatens the Asian city's...

Easter bombings damaged Sri Lanka economy beyond tourism

Jul. 30, 2019 8:50 PM EDT

COLOMBO, Sri Lanka (AP) — Shocks from deadly suicide bombings on Easter Sunday in Sri Lanka are reverberating throughout its economy in the worst crisis since the South Asian island nation's civil war ended in 2009. The blasts that killed more than 250 people were blamed on Islamic extremists. They have...

Ex-executive at bankrupt private equity firm pleads guilty

Jun. 28, 2019 5:04 PM EDT

NEW YORK (AP) — A former top executive at a Dubai-based emerging markets firm that coaxed the Bill & Melinda Gates Foundation and the U.S. government to invest in feel-good projects pleaded guilty Friday, saying he was wrong to be silent as his firm exaggerated its finances to win over new investors....

Investment pays off as Europe dominates Women's World Cup

Jun. 26, 2019 3:33 PM EDT

LE HAVRE, France (AP) — Even Netherlands forward Lineth Beerensteyn had to check that the number was right. "Oh my God — seven," she exclaimed. "That's a lot." Europe sure is dominating this Women's World Cup. The Netherlands made it a record seven European teams in the quarterfinals by knocking out...

Kushner tries to sell Mideast plan to skeptical audience

Jun. 25, 2019 6:29 PM EDT

MANAMA, Bahrain (AP) — President Donald Trump's son-in-law and senior adviser, Jared Kushner, appealed Tuesday for the Palestinians to consider a $50 billion economic support plan, even though they already rejected the proposal because it does not include a political resolution to the long-running conflict...