Turnaround forecast for TCL after restructuring

2007-06-02 16:38:40

TCL, one of China's major television and mobile phone makers, is expected to turnaround its ailing European operations with a major restructuring ending this month.

BoCom bids for struggling firm

2007-06-01 09:07:51

Bank of Communications (BoCom) has made a bid to acquire 85 percent of a once nearly bankrupt trust firm in Central China's Hubei Province.

Danone turns up the heat against Wahaha

2007-06-01 08:55:43

French food giant Groupe Danone SA, embroiled in a dispute with its Chinese partner Wahaha, has taken the matter to an arbitration body.

Sinopec confirms major discovery in Xinjiang

2007-05-31 06:42:48

China Petroleum & Chemical Corporation, known as Sinopec Group, has made a major oil and gas discovery in the Xinjiang Uygur Autonomous Region, Asia's top refiner confirmed yesterday.

BoCom's profit jumps in first quarter

2007-05-31 06:42:48

Bank of Communications (BoCom) posted a near 31 percent jump in profit in the first quarter on a surge in lending.

Singapore Airlines, Temasek to buy stake in China Eastern

2007-05-30 09:14:35

Singapore Airlines Ltd and parent Temasek Holdings Pte may pay about $930 million for a stake in China Eastern Airlines Corp to expand the carrier's reach in China.

Sinopec to sell bonds

2007-05-30 08:46:14

China Petroleum & Chemical Corp (Sinopec) plans to raise 20 billion yuan from the company's biggest bond sale.

Angry shareholder sues Hangxiao

2007-05-29 06:54:00

An individual investor is the first of what could be many to file a lawsuit against senior management of a listed construction company for issuing misleading statements.

BOC to issue yuan bonds in Hong Kong

2007-05-29 06:54:00

Bank of China (BOC), the mainland's second-largest lender, said yesterday that it plans to issue up to 3 billion yuan of bonds in Hong Kong.

China Mining to sell new shares

2007-05-25 08:56:40

Hong Kong-listed China Mining Resources said it plans to raise up to HK$1.7 billion through a private placement, by selling 1.136 billion new shares.

Top steel makers form joint venture

2007-05-25 08:50:45

Four of China's top five steel makers formed a joint venture on Wednesday to develop overseas iron ore resources.

China Oilfield issues corporate bonds

2007-05-24 14:42:30

China Oilfield Services Limited (COSL) has issued corporate bonds valued at 1.5 billion yuan ahead of an expected listing on the mainland stock market.