Sovereign funds and Chinese bank buy into Russia's VTB

China Construction Bank is set to open a branch in Russia, as Moscow forges closer ties with its energy-hungry neighbour.

BEIJING--China Construction Bank Corp. (>> China Construction Bank Corporation), China's second-largest bank by assets, said Thursday that it purchased a $100 million stake in Russia's VTB Bank (>> Bank VTB OAO). The Chinese bank said in a statement ...

China is likely to complete the second phase of its strategic petroleum reserves (SPR) project in 2015, two years behind schedule, the country's top investment bank said

The regional authorities said that southwest China's Tibet Autonomous Region will start construction on its first genetic resource bank within the year. The bank will help Tibet protect its genetic resources and ensure sustainable conservation, according to ...

(Infocast News) In relation to the writ of civil proceedings filed by the Shenzhen Branch of China Construction Bank announced in March 2012, Sun Century Group Limited (01383) said that it has entered into a deed of settlement with the bank for the ...

COLOMBO — China Development Bank Corporation will lend $580 million to Sri Lanka to help implement key infrastructure projects, a government document released on Wednesday showed. The loan will bring CDB's total lending to Sri Lanka to more than ...

India hopes for stronger peace constituency in Pakistan... India, China held specific discussions: Khurshid India, China showed 'tremendous maturity': Khurshid `China, India capable of win-win results, resolving dis... New Delhi, May 22 (IANS) ...

A worker walks on the roof of an office building construction site near a lake in Hefei, Anhui province May 6, 2013. REUTERS/Stringer By Aileen Wang and Koh Gui Qing BEIJING (Reuters) - China's factory activity shrank for the first time in seven ...

Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced that it has signed an agreement for a $69 million credit facility with China Development Bank ("CDB Credit Facility") to partially finance its ...