Business / list

China Eastern flies Beijing-Bali for New Year

[2013-12-30 09:10]

China Eastern Airlines will fly direct from Beijing to the Indonesian resort island of Bali from Dec 31 to Feb 27, the company announced on Sunday.

Sinopec profit increases more than 10b yuan

[2013-12-29 17:04]

Profits of oil giant China Sinopec increased more than 10 billion yuan ($1.6 billion) in the first eleven months of 2013.

Toyota recalls more than 400k vehicles in Saudi Arabia

[2013-12-28 17:41]

Toyota Motor Corp is recalling more than 400,000 vehicles in Saudi Arabia that were produced from 2006 to 2010 due to concerns about unintended acceleration.

Hyundai Motor US names new chief, Krafcik out

[2013-12-28 17:26]

Hyundai Motor Co said on Friday its US chief, John Krafcik, is stepping down after his contract was not renewed and will be replaced by the US sales chief David Zuchowski.

Audi to invest $30 billion in next five years

[2013-12-28 14:01]

German carmaker Audi announced on Friday that it would invest an additional 22 billion euros in the next five years for new models and technologies and increase employment worldwide.

Keer sets up yarn plant in US to cut costs

[2013-12-28 08:15]

Keer Group Co Ltd, a Hangzhou-based textile company, will be the first Chinese textile enterprise to shift its manufacturing capacity to the United States.

Calendar firms mark time amid frugality campaign

[2013-12-28 08:15]

Among the sectors being hard hit is the industry that has long relied on the annual exchange of calendars among government agencies and State enterprises.

Foreign firms look west to boost success

[2013-12-28 08:15]

Healthcare giant Johnson & Johnson Services Inc plans to invest $3 billion in a new production base in Xi'an, the capital of Shaanxi province.

Industrial companies' profits see sharp drop

[2013-12-28 08:15]

The profit growth rate of Chinese industrial companies dropped sharply in November to 9.7 percent year-on-year from 15.1 percent in October.

Shanghai GM recalls 1.4m cars, Changan Ford recalls too

[2013-12-27 17:55]

China's quality watchdog announced Friday that Shanghai GM from Dec 30 will recall 1.4 million Buick Excelle and Chevy New Sails.

Disclosure norms revised in Shanghai bourse

[2013-12-27 17:37]

Listed companies, particularly those from the real estate, coal and oil sectors, will need to follow higher standards of information disclosure.

Oceanwide to enter US realty sector

[2013-12-27 17:26]

Oceanwide Real Estate Group said it is entering the US property market with the planned $200 million buyout of a property project in California.

Sinopec subsidiary signs $3b project

[2013-12-27 17:24]

Sinopec Engineering Group Co Ltd signed a contract worth $3.07 billion with Zhong Tian He Chuang Energy Corp Limited for a coal chemical project.

Equipment makers look west

[2013-12-27 09:40]

China's market for construction equipment will likely recover from lackluster growth, as major companies in the sector have been busy with overseas acquisitions.

POSCO, Tangsteel form LED joint venture

[2013-12-27 09:16]

China's Tangshan Iron and Steel Group formed a joint venture with POSCO, the largest steel producer in the Republic of Korea, to tap the LED lighting market.

US links up with Chinese firm in shale gas project

[2013-12-27 08:59]

The booming US shale gas industry is to embrace a new partner - China's Shenhua Energy Co Ltd, the biggest coal producer in the world.

Another Qoros production model to debut at Geneva

[2013-12-26 17:34]

The second production model from the car brand will be revealed at the 84th Geneva Motor Show in March 2014, According to Qoros Automobile.

Strewth, a foreign Holden? GM hopes Aussie icon will endure

[2013-12-26 17:25]

Australians have reacted with a mixture of anger, sadness and resignation to GM's pre-Christmas announcement that it will stop making cars in Australia by 2017.

Tigerair launches direct flights to Ningbo

[2013-12-26 17:14]

Budget airline Tigerair launched its direct flights between Singapore and China's Ningbo, a port city in East China's Zhejiang Province.

AECOM to design industrial park in Beijing

[2013-12-26 17:03]

AECOM, the world's largest planning and design company, signed a contract with Beijing Tiangong Lutian Investment Co to design the Asia-Pacific Intelligent Manufacturing Industrial Park.

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