Samsung investing big in Jiangsu plant
2013-01-28 10:56:17
Samsung Electronics will invest $1.7 billion in its plant in east China's Jiangsu province.
Volvo to be largest truck maker
2013-01-28 10:00:47
Swedish truck manufacturer AB Volvo will be the largest heavy truck manufacturer in the world after signing an agreement with Dongfeng Motor Group.
Pico to focus on Asia to offset US, Europe weakness
2013-01-26 15:43:36
Pico Far East Holdings Ltd, a Hong Kong-based exhibition and event marketing services provider, plans to focus its resources in Asia.
Li Ning shares dive 14% on fund-raising plan
2013-01-26 15:42:29
Shares of Li Ning Co Ltd fell more than 14 percent on Friday after the sportswear brand said it would issue up to HK$1.87 billion in convertible securities to fund its restructuring.
Renault recalls cars over possible wheel jams
2013-01-26 15:35:04
Renault Group (Beijing) Ltd started to recall some of its imported Koleos vehicles on Friday, China's quality watchdog said in an online statement.
China automaker to recall defective school buses
2013-01-26 10:53:28
A Chinese auto manufacturer will recall nearly 100 school buses with defective parts amid tight government safety checks.
Chief's self-styled approach pays off
2013-01-26 09:33:41
Ji Wenhong started his career as an exporter in Shenzhen in 1992, but now his new role is an importer, as CEO of China's global online fashion reseller Xiu.com Inc.
ICBC sets up subsidiary in Sao Paulo, Brazil
2013-01-25 17:20:40
Industrial and Commercial Bank of China Ltd, the world's largest lender by market value, said on Friday it has set up a subsidiary in Sao Paulo, Brazil, Latin America's largest economy.
Minmetals Development reports first loss in 16 years
2013-01-25 16:45:41
Minmetals Development Co Ltd reported a loss of about 350 million yuan ($56.26 million) in 2012.
Huayi Brothers reports record growth in 2012
2013-01-25 16:36:21
Huayi Brothers Media Group, one of China's leading film production companies, has forecasted annual net profits for 2012 of between 243.47 million yuan ($39.15 million) and 273.91 million yuan, a rise of 20-35 percent year-on-year.
Moutai's 2012 net profit lower than expected
2013-01-25 16:24:19
Kweichow Moutai Co Ltd, China's high-end liquor producer, has reported net profit for the 2012 fiscal year increased by around 50 percent year-on-year, lower than expectations.
Starbucks China operating margin decreases
2013-01-25 14:49:43
The operating margin of Starbucks Corp China decreased despite global record sales, the company's financial report said on Friday.