Falling China demand leads to Vale cuts
2012-12-05 14:38:17
Vale SA, the world's second largest mining company by market value, will cut investments by $1.2 billion in 2013, its lowest level in three years.
ING-BOB opens Shanghai branch
2012-12-05 14:20:06
ING-BOB Life Insurance Co Ltd, a joint venture between ING Group and Bank of Beijing, opened a Shanghai branch on Wednesday to develop its networks around the Yangtze River Delta.
Oerlikon to sell textile divisions
2012-12-05 11:05:26
OC Oerlikon Corp agreed to sell its natural fibers and textile-components units to China's Jinsheng Group.
Chalco to build Indonesia plant
2012-12-05 10:56:12
Aluminum Corp of China Ltd, or Chalco, is seeking to tap bauxite resources and build processing plants abroad after Indonesia curbed its exports to China.
China's developer buys prime land in Malaysia
2012-12-05 10:19:58
Chinese property developer Country Garden Holdings Co Ltd formalized a deal to buy a land in southern Malaysia's Johor state for $328.6 million.
China Mobile 'to sell 55m 3G handsets'
2012-12-04 17:31:02
China Mobile Ltd expects to sell 55 million handsets running on its third generation wireless network this year, according to a company news release.
GCS Capital to acquire DAM
2012-12-04 17:16:15
Hong Kong-based GCS Capital announced on Tuesday it has entered into exclusive negotiations with Brussels-based banking group Dexia SA to acquire Dexia Asset Management.
New milestone for Alibaba Group Holding
2012-12-04 17:02:57
E-commerce giant Alibaba Group Holding has achieved yet another milestone after two of its major branches reached 1 trillion yuan in combined sales.
China Mobile to start 4G operations in HK
2012-12-04 17:02:01
China Mobile Ltd, the nation's largest mobile operator, plans to start commercial operations of its converged LTE FDD/TD network in Hong Kong on Dec 18, sources from telecom equipment vendors said.
Huayi Brothers shares tumble
2012-12-04 17:00:00
The shares of Huayi Brothers Media Group tumbled significantly after a rumor that the first-day box office revenues of its newly released movie Back to 1942 were just 18 million yuan ($2.89 million), lower than expected, 21cbh.com reported.
Bengang export contracts reach 4m tons
2012-12-04 16:33:04
Benxi Iron and Steel (Group) Co Ltd, known as Bengang, said that its export contracts reached 4 million metric tons this year.
Toyota sales decline slows
2012-12-04 11:35:26
Toyota Motor Corp's China sales fell by the least in three months as a boycott of Japanese brands subsided.