News of investment

Rich investors pull out of Chile, leaving behind a US$50-billion hole

19-01-2023 14:45 Chile, Latin America’s stand-out economy for the better part of 50 years and a darling of Wall Street, is in many ways facing an existential moment.

Venezuela’s nine-cent bonds lure a distressed-debt veteran

28-12-2022 14:16 Trader raising money to buy defaulted Venezuelan bonds amid signs of easing tensions between President Nicolás Maduro, the political opposition and the United States.

Whirlpool touts bet on troubled Argentina as others steer clear

25-10-2022 14:38 Whirlpool is betting on demand for front-load washing machines in Latin America with a new state-of-the-art plant in Pilar.

Lionel Messi launches investment firm Targeting sports and tech

19-10-2022 10:51 Argentina captain and PSG star is creating a holding company to invest in sports, media and technology globally, reveals Bloomberg.

Ex-guerrilla takes on maverick in race to be Colombia's president

18-06-2022 01:20 A former leftist guerrilla and a millionaire businessman will go head-to-head on Sunday hoping to become the new president of Colombia.

Colombians set to vote in high stakes presidential run-off

17-06-2022 18:22 Colombians vote Sunday in a presidential run-off. Opinion polls have leftist Gustavo Petro and businessman Rodolfo Hernández neck-and-neck.

Colombia’s number one banker has no fear of leftist front-runner

19-05-2022 08:00 Luis Carlos Sarmiento Gutiérrez would figure to be one of the people fretting the most about the looming election of the first left-wing leader in Colombia’s modern history. But, at least publicly, he betrays little angst about the outcome of the vote this month. 

Brazilian football clubs open doors to foreign investors

17-05-2022 10:45 After a century operating as non-profit associations, Brazilian clubs have started transforming their business models.

How China beat out the United States to dominate South America

18-02-2022 22:29 It’s no secret that China has been pouring resources into South America this century, chipping away at the United States' historic dominance. But an important shift has gone largely unnoticed in the country's approach to the region: going local to expand and strengthen its financial grip.

Latin American unicorns are helping drive a regional hiring boom

10-02-2022 15:41 The number of tech, remote firms hiring more than tripled; Argentina, Brazil and Mexico attract the most new hires.

Argentina wants to triple mining exports, despite social conflicts

12-01-2022 22:31 Government introducing new incentives to grow the sector over next decade, but social and environmental organisations warn of impact.

by Javier Lewkowicz, Diálogo Chino

Gabriel Boric has the chance to rewire Chile – and Latin America’s left

10-01-2022 10:24 Once the region’s no-frills, free-market poster child, Chile needs more government spending, not less, to sustain its growth trajectory.

Shell, YPF to invest US$300M at Vaca Muerta in next two years

05-11-2021 02:12 With a US$300-million investment, the companies hope to reach a production of 15,000 barrels per day by 2024 and employ 800 people.

Argentina at crossroads over the future of its lithium sector

15-10-2021 16:56 Fernández administration wants to boost the state's role in lithium extraction and electromobility, but conflicts with local communities remain.

by Javier Lewkowicz, Diálogo Chino

In oddball Argentina, provinces seen as safer than sovereign

23-08-2021 13:10 Over the past three months, overseas bonds issued by provinces have handily outperformed sovereign counterparts, cementing their status as the preferred choice for investors.

Foreign investment in Latin America plummets, says UN

05-08-2021 15:24 Foreign investment in Latin America plummeted 35% in 2020 compared to the previous year, says UN regional commission on economic cooperation. Argentina suffered a fall of 39.7%, according to report.

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.

Economic downturn fuels crypto craze in Argentina

07-05-2021 08:00 As Argentines battles high inflation, a weaker currency and a shortage of US dollars, citizens have been putting their money into cryptocurrencies like Bitcoin, Tether, Etherium or Dai.

JP Morgan's Aguzin named Hong Kong stock exchange's CEO

09-02-2021 16:54 Argentine-born banker Nicolás Aguzin appointed Hong Kong Stock Exchange's new chief executive, at a time when Beijing is clashing with Western powers over its campaign to stamp out dissent in the financial hub.