Taobao enters online recruitment arena

2010-08-31 12:39:26

Taobao.com has stirred up competition in the recruitment market after the shopping site on Monday decided to pitch its newly launched e-commerce job services against those offered by established players like 51job.com and Zhaopin.com.

China Pharmaceuticals posts profits in Q2

2010-08-31 12:36:50

China Pharmaceuticals Inc, one of China`s leading manufacturers and distributors of prescription and over-the-counter pharmaceuticals, announced a record $10.4 million in revenue for the second quarter this year, a 105 percent increase year-on-year.

Baosteel sees drop in Q3 profit

2010-08-31 10:50:03

Baoshan Iron & Steel Co, China's biggest publicly traded steelmaker, may report its smallest profit in five quarters as demand slows and high prices of raw materials erode margins.

Aetos, Yida team up for real estate JV

2010-08-31 10:05:16

Aetos Capital, the US investment management firm, is investing $50 million in a joint venture with Yida Group to develop a residential project in Dalian, Liaoning province, sources familiar with the development told China Daily on Monday.

China Railway Group net profit up 6.63% in H1

2010-08-31 10:03:57

China Railway Group Ltd, one of China's leading heavy construction firms, said Monday its net profit in the first half of 2010 rose 6.63 percent year-on-year.

Gome founder loses appeal, wife released

2010-08-31 08:41:28

Huang Guangyu, the founder of Gome Electrical Appliances Holding Ltd, lost his appeal against a 14-year sentence for bribery and insider trading on Monday, as the retail tycoon battles for control of the retail empire he founded.
Battlelines drawn in Gome tussle
Gome to vote on moves by Huang
Power struggle weighs down Gome

China's 'Bill' reveals his vision

2010-08-30 14:43:59

"Bill" Yao Xin, president of PPTV.com, says he planned an IPO on the day he launched the business.

Li Ning goes head to head with sportswear giants

2010-08-30 09:55:21

Li Ning Co Ltd, China's leading sportswear brand, has raised the stakes yet again in its battle with global leaders Nike Inc and Adidas AG.

Acer pays $67.5m to use Founder's PC trademarks for 7 yrs

2010-08-28 16:01:21

Taiwan's Acer Inc released financial terms on its recent alliance with mainland's Founder Technology, including paying $67.5 million for use of Founder's PC-related trademarks for seven years.

China's Haier net profit jumps 52% on expansion of market share

2010-08-28 14:45:52

Qingdao Haier Co, Ltd, one of the world's leading white goods and household appliance manufacturers, said Friday that its net profit in the first half year jumped 51.83 percent on expanding market share.

Ningxia Zhongyin eyes more int'l brand acquisitions

2010-08-28 10:43:23

Cashmere fiber exporter Ningxia Zhongyin Cashmere Co plans to acquire more international brands over the next five years, Chairman Ma Shengguo said on Friday.

PetroChina bets big on int'l alliances, deals

2010-08-28 10:28:03

PetroChina Co, Asia's biggest company by market value, pledged to step up acquisitions and boost cooperation with global oil companies after profit growth slumped because of State controls on fuel prices at home.