France, Germany, Italy join China’s Infrastructure Investment Bank

France, Germany and Italy have confirmed they’ll join China’s new Asian Infrastructure Investment Bank (AIIB). Participation in the rival to the US-led World Bank is seen as a setback for the Obama administration.

The three European countries on Tuesday confirmed … Read the rest

Is ‘flipping’ property a good investment?

For as little as US$100 a company called F4P tells investors they could get a share of the profits made from buying and selling well-priced properties in the United States, where transfer costs are low and there’s no short supply … Read the rest

First Data in $3.5B private investment led by KKR

First Data announced on Thursday that its parent has received commitments to purchase about $3.5 billion of equity in a private placement, led by KKR. The proceeds will be used to repay portions of the company’s debt.

The private placement … Read the rest