Lenovo launches new product line
2008-01-04 09:58:38
Computer maker Lenovo yesterday launched a new brand of notebooks and desktops in an effort to tap the growing consumer market.
Airlines asked to review offer
2008-01-02 09:40:59
Air China's parent yesterday said an offer by Singapore Airlines for a stake in China Eastern Airlines did not reflect fair value and asked both parties to renew talks.
China Power buys stake in firm
2008-01-02 10:09:14
China Power International Development Ltd agreed to pay 749.5 million yuan ($102.53 million) to buy 25 percent of Guangzhou Power Enterprise (Group) Ltd, in an attempt to boost its business in the region.
Tonghua buys 9.9% stake in Australia's IMX
2007-12-28 17:39:21
Tonghua Iron & Steel Co bought a 9.9 percent stake in Australian iron ore explorer IMX Resources NL.
CCB: Loan cap won't hit 2008 profit
2007-12-28 16:09:02
Lending controls by China's central bank are unlikely to affect China Construction Bank's profits next year, the bank's chairman told reporters on Friday.
Merger boosts hub airline goal
2007-12-28 09:32:30
The partnership between China Eastern Airlines and Singapore Airlines will provide financial resources and management expertise to help the Chinese firm become a hub airline company.
PetroChina's Tarim gas output rises 50%
2007-12-28 15:36:09
PetroChina Co increased gas output from the Tarim field by more than 50% this year as demand for cleaner-burning fuel rises.
ICBC to buy its HK unit shares from Fortis Bank
2007-12-28 11:46:21
ICBC said on Thursday it had agreed to buy HK$1.92 billion worth of shares and warrants of its HK unit from the Spanish Fortis Bank.
China's first financial leasing JV established
2007-12-28 18:02:31
China's biggest financial leasing company, a joint venture between CCB and Bank of America, was officially established in Beijing today.
Merger deal of auto firms due today
2007-12-26 11:09:45
After eight months of negotiations, the much-anticipated merger between China's largest carmaker Shanghai Automotive Industry Corp and its smaller rival Nanjing Automobile Group is finally set to happen.
Huaxia Bank plans fund venture
2007-12-25 16:47:11
Huaxia Bank is recruiting staff for a fund-management unit to diversify revenue by tapping local investors' growing appetite for shares.
China Pacific Insurance rises 70% in Shanghai debut
2007-12-25 14:18:13
Shares of China Pacific Insurance (Group) Co Ltd rose 70 percent in their market debut on Tuesday, buoyed by the company's key position in the insurance industry.