COSCO loss widens in Q3
2012-11-01 09:16:35
China Ocean Shipping (Group) Company revealed that sluggish market demand led to it suffering the heaviest loss in the first nine months of 2012.
Infiniti to suspend exports to China
2012-10-31 14:32:05
Infiniti, the luxury Japanese automaker under the auto giant Nissan Motor Co, will suspend its exports to China until January next year.
Haier's offer 'unconditional' on NZ whiteware maker
2012-10-31 14:23:13
New Zealand has approved Chinese appliance giant Haier's proposed takeover of one of New Zealand's oldest and most reputable whiteware makers.
Oil giants report sharp decline in profits
2012-10-31 14:21:58
China National Petroleum Corporation reported one-third less profit in the third quarter from a year before, financial documents showed on Tuesday.
Cleanergy installs solar power plant
2012-10-31 11:48:13
The Swedish energy technology company Cleanergy AB is seeking opportunities to invest in the country's renewable market.
Marriott plans expansion in China
2012-10-31 10:01:56
Marriott International Inc announced on Tuesday that it expects to open on average one hotel per month in China for the next five years.
3M's China sales 'to exceed those in US in 10 years'
2012-10-31 10:01:00
The multinational conglomerate 3M Co said it will continue its involvement in China's photovoltaic solar industry and will invest around $120 million in research and development in the country over the next five years.
Ferrari recalls 16 vehicles in China
2012-10-31 09:36:00
Luxury sports car manufacturer Ferrari will recall 16 vehicles in China due to defective tire pressure monitoring.
Bank of Communications net profit up 15.87%
2012-10-31 09:35:09
Net profit at the Bank of Communications rose 15.87 percent year-on-year to 44.5 billion yuan ($7.1 billion) in the first three quarters of 2012.
China's Industrial Bank profit up 40.92% in Q3
2012-10-31 09:24:42
China's Industrial Bank said Tuesday that its net profit rose 40.92 percent year-on-year to reach 9.24 billion yuan ($1.47 billion) in the third quarter of this year.
PetroChina profit plunges 33.4% in Q3
2012-10-31 09:24:15
Chinese oil giant PetroChina Co said Tuesday that its net profit in the third quarter tumbled 33.4 percent from a year earlier to 24.93 billion yuan ($3.96 billion).
Ping An Insurance net profit up 20.66% in Q3
2012-10-31 09:20:18
Ping An Insurance Co said that its net profit rose faster in the third quarter to reach $337.46 million, marking a year-on-year increase of 20.66 percent.