Grey buys ArtM Communications Group

2012-11-28 15:02:34

Grey Group announced on Nov 28 it had signed an agreement to acquire, on conditional regulatory approval, a majority stake-holding in ArtM Communications Group.

CNOOC, Nexen reapply for US deal approval

2012-11-28 14:59:35

China's State-owned CNOOC Ltd and its Canadian takeover target Nexen Inc have withdrawn and resubmitted an application for US approval of their $15.1 billion deal.

Ex-CITIC Pacific's Chui jailed 15 months

2012-11-28 13:35:37

Citic Pacific Ltd's former deputy head of finance Chui Wing Nin was jailed for 15 months in prison and fined HK$1 million ($129,030) by a Hong Kong court for insider trading.

Private equity firms heeding call of services industry

2012-11-28 11:16:51

As millions of consumers climb into China's middle-class, investors are looking for opportunities in services with unexploited mass-market potential.

PE guru offers helping hand to China

2012-11-28 11:14:03

Terra Firma, one of the largest PE firms in Europe, plans to partner with China Development Bank to set up a $3 billion to $5 billion fund to invest in global renewable energy projects.

Caterpillar adjusts China plan

2012-11-28 11:08:21

Caterpillar is in the process of temporary business adjustment in the Chinese market, with expansion slowing down and investment suspended.

China conducive to Caterpillar's expansion

2012-11-28 10:56:27

A senior executive of Caterpillar said that the income-doubling goal set in a recent Communist Party of China report will be beneficial to the company's expansion in China.

Rothschild sets up mainland headquarters in Tianjin

2012-11-28 10:10:31

The Asian subsidiary of private investment bank Rothschild will set up its Chinese mainland headquarters in the northern port city of Tianjin.

Hong Kong's MTR buys first China-made locomotives

2012-11-28 09:58:55

Following fierce competition, the first independently developed diesel locomotives made on the Chinese mainland have been selected by Hong Kong's Mass Transit Railway Corp for use in its world-class transit system.

Scandal-hit liquor maker halts packaging lines

2012-11-28 09:53:24

Chinese liquor maker Jiugui Liquor Co suspended its packaging lines on Tuesday after being hit by a plasticizer scandal.

Kautex Textron launches Guangzhou development center

2012-11-27 16:39:01

Automotive supplier Kautex Textron launched a development and validation center in Guangzhou, capital of South China's Guangdong province

Devising ways to sell medical devices abroad

2012-11-27 15:37:53

David Yin, managing director of Europe at the Shenzhen-based Mindray Medical International Ltd, recalled that his team's first order from overseas was the result of "an accident".