joint venture

Royal Bank of Scotland opens the doors to its new joint venture in China, hoping to ride the mainland’s booming IPO market.

The deal will catapult Lenovo to pole position in the Japanese PC market and give NEC up to $500 million of new capital.

Australian mining company Rio Tinto courts the Chinese once again, forming joint ventures with Chinalco and Sinosteel soon after its proposed tie-up with BHP Billiton fails.

Sinopec invests $7.1 billion in the Brazilian upstream oil subsidiary of Spanish oil company Repsol.

Citic and Credit Agricole join forces in a deal that puts CLSA in a position to become the dominant foreign player in the China brokerage market.

ANZ pays $1.53 billion to increase its ownership in its Australian life insurance and wealth management joint venture to 100% û a move that it says became possible due to the financial crisis.

Credit Suisse buys 30% stake in Woori Asset Management; gains access to Korea's second largest retail and brokerage distribution network.