MediaMarkt closes all Chinese stores
2013-03-13 14:10:16
Europe's biggest retailer of consumer electronics, MediaMarkt, has closed all its stores in China. The company had tried to replicate its European success. But it didn't work.
China Everbright Bank to relaunch HK IPO
2013-03-13 14:08:17
China Everbright Bank will resume its initial public offering in Hong Kong by issuing up to 12 billion H-shares, the bank announced Wednesday.
China Mobile: 4G licensing expected by year-end
2013-03-13 11:03:21
The chairman of China Mobile, the world's largest carrier by subscriber base, says the rollout of 4G technology in the country is just around corner.
China Southern opens Xinjiang-Taiwan direct route
2013-03-13 10:04:53
China Southern Airlines on Tuesday opened a direct air route linking the mainland's Urumqi and Taiwan's Kaohsiung city.
Ping An to enter e-commerce market for second-hand cars: Report
2013-03-12 22:19:00
Ping An Insurance (Group) Company of China plans to enter the e-commerce market for secondhand cars, China Business Times reported on Tuesday, citing unnamed sources.
Peak's net profit drops 60 percent
2013-03-12 21:22:02
Hong Kong-listed sportswear maker Peak Sports Products Co said its net profit declined 60.1 percent to 310.6 million yuan ($49.83 million) in 2012.
COSCO selling logistics arm to reverse losses
2013-03-12 21:05:22
China COSCO Holdings Co Ltd, the world's largest bulk shipper, will sell its logistics arm to reverse losses.
UBS sees strong growth in A shares
2013-03-13 07:31:26
Investment bank UBS AG on Tuesday forecast a 20 percent increase in the A-share market until the end of the year, on predictions that short-term liquidity will remain high and corporate earnings will improve.
Wahaha heiress wants to be recognized as entrepreneur
2013-03-13 07:31:26
It is every girl's dream to be a princess. But the daughter of the richest man on the Chinese mainland is reluctant to wear the tiara.
A 100-year investment
2013-03-12 17:33:18
Namibia East China Non-ferrous Metal Investments is to bring steelmaking to Nambia in southwest Africa for the first time.
Jetstar aims to expand to mainland
2013-03-12 05:41:25
China Eastern Airlines Co Ltd, one of the nation's major three carriers, may expand its joint-venture budget operation Jetstar Hong Kong to the Chinese mainland within three years.
Tencent to boost development of WeChat app
2013-03-12 11:07:27
Tencent Holding Ltd, a Shenzhen-based provider of Internet services, will speed up the commercialization process of its popular WeChat messaging application as part of its global expansion strategy, the company's top manager said.