Chinese Securities Regulatory Commission allowed Alibaba to expand its capital for the online loan enterprise.

Transom Capital Group acquired One Industries, a protective gear producer based in San Diego. Transom Capital Group, a Los Angeles-based private equity company, revealed that it has bought One Industries for an undisclosed price.

ClubCorp Holdings hoped to raise more than US$100 million in an initial public offering of its stakes.

Dominique Strauss-Kahn joins the Russian Regional Development Bank, a Rosneft-owned bank. Dominique Strauss-Kahn joined the supervisory slate of a bank owned by Rosneft, a Russian state oil major.

China planned to add 10GW solar power annually over the next 3 years. China will be adding 10GW of solar power annually for the next 3 years, said a statement from the State Council.

Roselabs executives expressed their desire to raise US$21 million to help in their expansion plans. Roselabs Ltd revealed plans to raise around US$21 million through private equity funding to expand its operations.

Londonmetric acquired two warehouses for GBP61.8 million. LondonMetric Property Plc bought two new warehouses in Bedford and Birmingham worth a total of GBP61.

Embassy Group sells stake in overseas joint venture back to MK Land Holdings. Real Estate developer Embassy Group, just one of India's top three commerical space constructors, had exited an international joint venture with Malaysia's MK Land Holdings Berhad.

Britain would only consider pension funds and insurers for the sale of its Lloyds Banking Group stocks and would rebuff private equity and foreign funds.

Mitsui CEO stated they plan to invest more in Thailand making it their base for Asean operations Mitsui & Co Ltd is returning to Thailand to invest in the country with a vow to work with its Thai partners Siam Cement Group and PTT Plc to make investments overseas in joint ventures when opportunities arise.