Rpt says CNOOC on talks to buy BP Argentine stake
2010-07-02 16:56:43
China National Offshore Oil Corp (CNOOC), the country's third-largest oil and gas company, declined to comment on reports it is in talks to buy as much as $9 billion worth of BP Plc's assets in South America.
Vanke, Evergrande lead in first half sales
2010-07-02 11:46:52
China Vanke Co Ltd and Evergrande Real Estate led in property sales in the first half of 2010, according to a report released by China Real Estate Information Corporation and China Real Estate Appraisal, the Securities Journal reported Friday.
Steel mills expand iron ore output to ward off soaring import costs
2010-07-02 11:34:26
China's major steel mills have looked to domestic deposits as they plan to triple their exploration in six years to gradually wean off dependence on exports.
Baidu to recruit from US Silicon Valley
2010-07-02 11:29:43
Baidu, the largest Chinese Internet search engine, plans to recruit at least 30 engineers from the Silicon Valley at a job fair in the United States on July 10, the first step of their global recruitment plan.
Foxconn relocates production to save cost
2010-07-01 17:27:30
Taiwain's high-tech giant Foxconn plans to move its major production line from Shenzhen to Langfang in North China's Henan province in an attempt to reduce labor costs, according to Broadcasting Corporation of China (BCC), chinanews.com.cn reported Thursday.
Chinalco halts Aussie bauxite mining project
2010-07-01 15:59:32
Aluminum Corporation of China (Chinalco) and the local government of Queensland, Australia have agreed to abort the Aurukun bauxite development deal signed by the two parties in 2007.
Fashion giant sues over store openings
2010-07-01 13:32:49
Leading domestic fashion producer Shenzhen Copais Industrial has launched a lawsuit against SKN, an arm of South Korea-based SK Group.
Giving collectivization a go
2010-07-01 13:27:39
Dozens of businesses in Beijing have been selected to take part in a collective bargaining test intended to establish more reasonable wage standards for workers and try to resolve long-existing problems with instituting a platform for negotiation between employers and employees.
Skyworth '09 profits up 188.3%
2010-07-01 11:29:23
Skyworth Digital Holding saw its profit jump 188.3 percent to HK$1.33 billion ($170.28 million) for the fiscal year ending March 31, 2010, the consumer electronics producer said in its annual report Wednesday.
Li Ning makes the change to catch up
2010-07-01 09:37:38
Li Ning Co, the Chinese sportswear maker endorsed by US basketball star Shaquille O'Neal, is undergoing a brand metamorphosis to revitalize and catch up with global peers like Nike in sales.
MCC's Afghan copper mine to start output in '13
2010-06-30 15:12:36
A copper mine joint venture between Metallurgical Corp of China and Jiangxi Copper in Afghanistan is expected to start production of copper concentrates in 2013, an executive at MCC Tongsin Resources Ltd said on Wednesday.
Lapsed patents scuttle tech company's IPO
2010-06-30 11:37:22
Due to improper disclosure about patents in its prospectus, a Suzhou company was stopped from selling shares on the Shenzhen Stock Exchange though its initial public offering (IPO) was approved by the China Securities Regularity Commission (CSRC).