Baidu to speed up investment

2012-10-31 09:03:24

Baidu Inc, China's biggest search engine, will accelerate its pace of investment, including possible mergers and acquisitions.

ICBC's Q3 profits rise 14.9%

2012-10-30 17:43:12

Industrial and Commercial Bank of China said Tuesday that its third-quarter profits rose 14.9 percent year-on-year to reach 62.42 billion yuan.

Chinese shipping firm's US job-creation story

2012-10-30 17:37:44

China Ocean Shipping (Group) Company, a Beijing-based shipping firm headquartered about 10,000 km away from Boston, "helped the city's languishing port become thriving again."

Tough times for construction machinery firms

2012-10-30 17:14:00

Xuzhou Construction Machinery Group (XCMG) has reported a three-year low in net profit during the third quarter.

Guangdong Strong becomes major shareholder in Shenhua Group

2012-10-30 17:13:01

Guangdong Strong Group Co, which claims to be world's largest jelly and pudding manufacturer in terms of sales, has become the 10th largest shareholder in coal giant Shenhua Group Corporation Ltd.

A Legal First in Sany's US wind farm case

2012-10-30 16:49:41

Sany Group has vowed to "fight to the very end" in its lawsuit against US President Barack Obama after he blocked its wind farm project.

Shandong Gold OK'd to buy stake in Focus Minerals

2012-10-30 16:47:06

Shandong Gold Group, China's second-largest producer of the metal by reserves, has won Australian foreign investment approval to buy a 51-percent stake in Focus Minerals Ltd.

Wuliangye sees robust Q3 profit growth

2012-10-30 15:12:05

Liquor producer Wuliangye Group recorded a net profit increase of nearly 90 percent in the third quarter, driven by price hikes and strong sales.

Baosteel's Q3 net profit down 5% to 1.18b yuan

2012-10-30 15:09:56

Baoshan Iron and Steel Co Ltd said on Tuesday its third-quarter net profit decreased 4.88 percent year-on-year to 1.18 billion yuan ($188 million).

Haier, Ping An, Snow Beer among fastest growing brands

2012-10-30 15:09:09

Haier, Ping An and Snow Beer have showed the success of fastest-growing brands, together with other 47 world successful brands, including Coca-Cola, Dove and Zara.

Baidu's mobile search traffic surges

2012-10-30 13:37:22

Baidu Inc said its mobile search traffic has registered triple-digit growth compared with last year amid a transition from personal computers to mobile devices.

China Telecom net profit dips 8% in Jan-Sept

2012-10-30 10:49:53

China Telecom Corp Ltd reported a net profit drop of 8 percent in the first three quarters, largely due to heavy subsidies on smartphones such as Apple Inc's iPhone handsets.