Agony and ecstasy for Chinese steel firms from currency moves
2010-06-30 09:19:35
The yuan appreciation is likely to have a negative impact on the steel industry in the short term despite lowering the import costs for iron ore, industry experts said on Tuesday.
China-Sudan education cooperation benefits students
2010-06-29 11:43:36
Some 10 Sudanese students financed by China Harbor Engineering Co Ltd (CHEC), a well-known international contractor, were awarded Master's degrees by Nanjing-based Hohai University at a graduation ceremony last Wednesday.
Baosteel targets 66m-ton capacity by 2015
2010-06-29 11:01:21
Baosteel Group Corp, the nation's second-biggest steelmaker, said Monday in its five-year plan that it targeted annual crude steel capacity of 50 million tons by 2012 and 66 million tons by 2015, the China Securities Journal reported Tuesday.
Sinopacific signs $1b deal with French firm
2010-06-29 10:11:19
Sinopacific Shipbuilding Group Co Ltd is hoping to achieve leadership in the domestic shipbuilding sector against the backdrop of a sluggish world economy.
Ruyi to finalize Renown stake in late July
2010-06-29 09:43:00
Chinese textile manufacturer, Shandong Ruyi Group, said it expected to finish its 41 percent purchase of Japanese clothing maker Renown Inc on July 28, with the deal already approved by the government.
China Metal Recycling eyes Shanghai listing by 2013-15
2010-06-28 10:51:16
China Metal Recycling, the largest scrap-metal recycler in China, plans to list on the Shanghai stock exchange by as early as 2013, the South China Morning Post said on Monday.
PICC underwriting should be profitable
2010-06-26 14:12:44
PICC Property & Casualty Co’s underwriting operations should be profitable this year, said Wu Yan, chairman of China’s biggest non-life insurer.
Progress in Anshan, Benxi steel merger by the year's end
2010-06-26 09:25:28
The merger between Anshan Iron & Steel Group and Benxi Iron & Steel Group will make substantive progress by the year's end, Anshan Steel Chairman Zhang Xiaogang said on Friday.
China Unicom in talks over iPad and iPhone 4
2010-06-25 10:38:52
China Unicom has entered talks with Apple about offering the iPhone 4 and the iPad in the country.
Wuhan Iron inks $800m coal deal with Riversdale
2010-06-25 09:11:38
Wuhan Iron and Steel (Group) Corp (WISCO) on Thursday signed an initial non-binding agreement for $800 million with Australian miner Riversdale Mining Ltd to develop a coking coal project in Mozambique.
ABC may price float at 2.7-3.3 yuan
2010-06-24 09:06:16
Agricultural Bank of China (ABC) may price the Shanghai portion of its mega float between 2.7 yuan and 3.3 yuan per share, sources close to the underwriters for the deal said on Wednesday.
ABC forges ahead with IPO
ABC forges ahead with IPO
2010-06-24 08:57:04
Agricultural Bank of China Ltd and Petroleo Brasileiro SA may hit the market with $50 billion of shares by the end of September after state-backed sales pushed initial public offerings (IPO) in emerging markets above developed nations for a record fifth straight quarter.