Qatar Wealth Fund Buys 22% of Chinese Private Equity Firm

Qatar Holding LLC, the investment arm of the nation’s sovereign-wealth fund, bought a 22 percent stake in Chinese private equity firm Citic Capital Holdings Ltd. as the country accelerates spending on overseas acquisitions.

Morning business round-up: Slovakia takes centre stage

What made the business news in Asia and Europe this morning? Here's our daily business round-up:

he eurozone awaits a vote by Slovakia's parliament to bolster the powers of the bloc's bailout fund.

China’s Sovereign Wealth Fund Tries to Bolster Stocks of Major Banks

HONG KONG — Trying to stem a steep decline in the stock prices of China’s four main banks, the nation’s sovereign wealth fund started buying their shares Monday and plans to buy more in the coming year.
That word, disclosed by the banks late in Monday’s trading session, helped their share prices rebound somewhat on the Hong Kong stock exchange.