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.