Li's Power Assets to spin off HK unitLi Ka-shing, Asia's richest man, is to spin off his electricity assets in Hong Kong through an initial public offering worth up to HK$27.9 billion ($3.6 billion) and will sell a large chunk to a Chinese state-owned power company.
Kazakh PM visits South KoreaPrime Minister of Kazakhstan Serik Akhmetov has signed a number of cooperation agreements with South Korea in Seoul.
11 December 2013
Chinese tycoon unveils $10bn Ukrainian port project: reportA Chinese tycoon who plans to dig a canal across Nicaragua has unveiled his latest project -- a $10 billion deal to build a deepwater port in Ukraine, giving him a foothold in Europe, state-run media said Friday.