Sovereign wealth funds

Freeport Indonesia says 5% stake to be offered to public

Freeport Indonesia has said that it will be offering the public a 5% stake in the mining company. The Indonesian subsidiary of Freeport McMoRan Copper & Gold Inc.


Chinese official media reports sovereign wealth fund CIC in talks with Alibaba Group

China's sovereign wealth fund, CIC, is reported to be in talks with Alibaba Group. The People's Daily, China's official newspaper, reported that China Investment Corp.

Sovereign wealth fund from Saudi Arabia along with Korean firm to establish venture firm in West Africa

The Islamic Corporation for the Development of the Private Sector and Kolon Group from South Korea has signed an agreement to invest in a pharmaceutical plant in Côte d'Ivoire.

Chinese stocks fall even with Beijing’s stimulus measures

Despite Beijing's stimulus package, Chinese stocks still fell Thursday. Despite China's stimulus measures geared towards strengthening its flagging economy, Asian stocks dipped this Thursday.


Latest News

The Prince of Cambridge received several notable visitors at Kensington Palace. The Prince of Cambridge left the hospital and spent his first with mom and dad in Kensington Palace.
ADNOC announced that they are halfway through their US$40 billion investment plan. Abu Dhabi National Oil Co. (ADNOC) said that they are halfway through plans for the company's US$40 billion investment plan.
“We are moving forward,” said Huma Abedin, who seemed to have forgiven her husband. Huma Abedin may not have wanted to be in the spotlight. However, thanks to a sexting controversy, now, she was facing reporters along with her husband.
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
Raising a prince was basically like raising ordinary children, except much expensive. The Duchess of Cambridge finally gave birth to a son, the prince of Cambridge, who was third in line to the throne.
The dollar has risen after a month-long slump but the journey upwards is not going to be smooth. From a low of 82. 047 on Monday, the dollar index, DXY has risen to 82.
The Help to Buy scheme of George Osborne risked creating a new housing bubble. The Help to Buy scheme was George Osborne's latest attempt at kickstarting the economy.
A Japanese government agency will be funding the southern Philippines' restructured government.
Kenya announced that it is to establish a bond sale and a capital venture fund to enhance the broadband network in the country.
Qatar Investment Authority has announced that it is investing US300 million in RMZ Corp. Qatar Investment Authority (QIA), a sovereign wealth fund, announced that it is investing US$300 million in RMZ Corp.
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