China Investment Corp, the $200 billion sovereign wealth fund, has agreed to invest about $1 billion in Los Angeles-based Oaktree Capital Management, the Wall Street Journal reported on its website Friday. Oaktree, an capital management firm, is expected to use the capital to invest in distressed...
By Zuo Xuan Australia appears set to reject a Chinese investment in a mining venture after defense officials said on Thursday that the project threatens national security. The defense department said it was entitled to block China's Wuhan Iron and Steel Co from gaining a 50 percent stake in West...
CUERNAVACA, Mexico, Sept 24 - Investment in new exploration projects and mine expansions in Mexico will drop 25.3 percent in 2009 to $2.73 billion, compared with a year...
Indonesia resources enterprise PT Bumi Resources Tbk (Bumi) announced Thursday that China Investment Corporation (CIC), the country's sovereign wealth fund will invest $1.9 billion in the form of a security similar to bond. Of the total $1.9 billion investment, $600 million is in four-year securi...
China Investment Corp, the country's US$200-billion sovereign wealth fund, has purchased US$1.9 billion in high-yield debt issued by Indonesian miner PT Bumi Resources.CIC will receive an annual coupon of 12% on the loan, and the investment is expected to bring an internal rate of return of 19%.US$600 million...
BEIJING, Sept 23 - China Construction Bank (CCB) said on Wednesday that it had invested 100 million yuan ($14.6 million) in a rubber stopper company, in a bid to tap into China's booming healthcare sector....
China Investment Corp, the country's US$200-billion sovereign wealth fund, will subscribe US$20 million to US$30 million worth of shares in the initial public offering of Glorious Property Holdings Ltd on the Hong Kong Stock Exchange, market sources said today.It will be CIC's first investment in a mainland...
* Acquires corporate finance arm of Midas Capital * Aims to expand investment trust business in Scotland * Financial terms of deal not disclosed LONDON, Sept 23 - UK investment bank Canaccord Adams, a subsidiary...
Taiwan Memory Co, the fledgling firm created by the local government in Taiwan to consolidate the memory chip industry, on Monday obtained approval from the local regulator for its plan to invest NT$11 billion to set up its headquarters in Hsinchu Science Park, sources reported. TMC will be mainly engaged...
Guangzhou Investment Co Ltd<0123>, which is engaged in the development of toll highways, bridges and properties, has announced that it won the bid for two pieces of residential land in Guangzhou Higher Education Mega Center, Panyu District, Guangzhou, Guangdong Province for RMB 427 million in total,...