Tags » China Investment Corp

GrabTaxi Gets US$350 Million Additional Fund

GrabTaxi Holdings Pte Ltd. (GrabTaxi) raised its largest funding of over US$350 million (P16.1 billion) from Coatue Management, L.L.C. (Coatue), an American firm investing in technology worldwide, China’s sovereign wealth fund, China Investment Corporation (CIC) and Didi Kuaidi (Didi), along with support from existing shareholders. 385 more words

CHINA INVESTMENT CORP

Russia has a deep-pocketed economic supporter that is also a staunch US ally

Russia’s President Vladimir Putin meets with United Arab Emirates Crown Prince Sheikh Mohammed bin Zayed Al Nahyan

China’s economic support for Russia in the face of the ongoing conflict in Ukraine, and growing pressure from Western sanctions, … 607 more words

Russia

Asian banks snap up prime office space in Central

Capital-rich Asian banks, in particular some state-owned mainland firms, have emerged as prime contenders for top-end office space in the heart of Hong Kong’s financial district, replacing some Western banks on tight budgets that are keen to cut costs. 66 more words

Hong Kong

The latest in China's global resources binge: a 12.5% stake in the world's biggest potash-maker

When Uralkali, the largest producer of the fertilizer known as “potash,” pulled out of one of the world’s most powerful cartels in July, some likened the fallout to what would happen to oil prices if Saudi Arabia ditched OPEC.  478 more words

Sovereign wealth fund rankings - money is not everything

The main local headline here today was “Temasek’s assets surge to a record on recovery in stock markets“. It triggered the usual debate on how much is attributed to new money and FX translation gains etc which I don’t want to get into. 223 more words

SINGAPORE

Ding Xuedong: Half A Trillion Dollar Man

Ding Xuedong is little known outside Chinese political circles but considered a rising star within them. The same could have been said of Lou Jiwei, his predecessor as head of China’s $480 billion sovereign wealth fund, China Investment Corp. 242 more words

China

Meet the likely new boss of China's $500 billion sovereign wealth fund

After three months of searching, China may have finally suckered someone into running its $500 billion sovereign wealth fund. As we’ve reported before, the position… 264 more words