Russia Wealth Fund to Team With China for $25 Billion of Lending

Russia’s sovereign wealth fund will join China Construction Bank Corp. to deliver as much as $25 billion in loans as western sanctions push President Vladimir Putin to look to Asia for financing.

Construction Bank Profit Grows Most in One Year on Loan Margin

China Construction Bank Corp. (939), the nation’s second-largest lender by market value, reported wider lending margins in the first quarter, helping it to post its biggest profit increase in a year.