The Latest Breaking News from Foreign Investment

Denied Chinese rare earth bid ‘helps mitigate risk’

Treasurer Jim Chalmers has rejected a Chinese investment fund's bid to increase its stake in a rare earth company on national security grounds.

The New Daily · Mar 1, 2023

Denied Chinese rare earth bid 'helps mitigate risk'

Treasurer Jim Chalmers has rejected a Chinese investment fund's bid to increase its stake in a rare earth company on national security grounds.

AAP · Mar 1, 2023

Federal government blocks Yuxiao Fund's bid to increase its stake in Northern Minerals

Treasurer Jim Chalmers blocks Yuxiao Fund's application to the Foreign Investment Review Board to increase its stake in Northern Minerals Limited from just under 10 per cent to nearly 20 per cent.

ABC News · Feb 28, 2023

South Korea to scrap stocks registration rule for foreigners

Financial Services Commission says details for improving environment for foreign investment will be unveiled next week.

Al Jazeera · Jan 19, 2023

Saudi Crown Prince Launches Investment Fund on Culture, Tourism, Entertainment, Sports

Prince Mohammed bin Salman, Crown Prince and Prime Minister, announced on Tuesday the launch of the Events Investment Fund (EIF) that aims to develop a sustainable infrastructure for the culture, tourism, entertainment and sports sectors across the Kingdom, reported the Saudi Press Agency. Crown Prince Mohammed will act as chairman…

Asharq Al-Awsat · Jan 17, 2023

Romania quietly catches up with richer neighbours, helped by EU cash

Romania's economy is set to outpace its stagnating neighbours this year, helped by European Union funding, currency stability and foreign investment driven in part by reshoring from Russia and Ukraine.

Reuters · Jan 9, 2023

Exclusive-Canada seeks progress in dispute over Mexican energy policies at summit

Canada and the United States are going to argue at a North American leaders' summit next week that resolving a dispute over measures that favor Mexican energy companies would help draw more foreign investment to Mexico, Prime Minister Justin Trudeau said on Friday.

Reuters · Jan 6, 2023

Indonesia’s bid to woo investors complicated by ‘sex ban’ code

Southeast Asian country’s businesses community is divided on how revised code will affect efforts to attract investment.

Al Jazeera · Dec 23, 2022

Morrison sought foreign investment powers

Documents have been released showing former prime minister Scott Morrison sought to be sworn in as treasurer to hold foreign investment review powers.

AAP · Dec 13, 2022

Canada proposes overhauling foreign investment rules to tackle security risks

(This Dec. 7 story has been corrected to delete the phrase saying that only one deal had been previously blocked under the Investment Canada Act, in the ninth paragraph)

Reuters · Dec 8, 2022