Saturday, November 21st, 2009

Posts Tagged ‘ China Development Bank ’

China Continues its Commodities Binge with Brazilian Oil Deal

Feb 23rd, 2009 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

China Development Bank, one of China’s largest state-owned enterprises, has agreed to lend $10 billion to Brazil’s Petrobras (PBR) in exchange for a long-term supply of oil – the latest illustration of how Beijing is using the global downturn to further its domestic agenda.



Barclays Gets a $927 Million Jump Start as Japanese Banks Ramp up Overseas Investment

Jun 20th, 2008 | By Jason Simpkins | Category: International Investing

Barclays PLC (ADR: BCS), the United Kingdom’s fourth-largest bank, may get a $927 million cash infusion from Japan’s Sumitomo Mitsui Financial Group Inc. by the end of the month.