Chinese firm to produce low-carbon subway trains for India
2010-06-23 11:29:09
A Chinese manufacturer has won a deal to produce five environment-friendly subway trains for India, the company's spokesman said Tuesday.
China's CCB says parent Huijin backs rights issue
2010-06-22 13:47:11
China Construction Bank, the world's second-largest lender by market value, said on Monday that its State-owned parent Central Huijin would fully participate in its rights issue.
China Southern's fleet ranks world's No 6
2010-06-21 16:36:28
China Southern Airlines' 400th aircraft, an Airbus A330-200, arrived in Guangzhou Sunday morning, making the air carrier the world's sixth largest by fleet size and Asia's only one with a 400-jet fleet, chinanews.com.cn reported.
Baosteel to quietly give in to Q3 ore price hikes - official
2010-06-19 09:37:45
Leading Chinese steel mill Baosteel has not formally agreed a price for iron ore in the third quarter but may have to swallow whatever the big miners offer, a company official said on Friday. Full Coverage
China's bids on US magazine fail
2010-06-18 14:53:50
China's Southern Daily Group's recent attempt to acquire Newsweek magazine - the country's first bid for a Western publication - has failed, but the bidder is expecting to make other, similar purchases, the publication's senior management said on Thursday.
UFIDA Software announces $72m takeover plan
2010-06-18 14:21:48
UFIDA Software Co, a major provider of management software solutions, announced a 491 million-yuan ($72 million) takeover plan Thursday in the hope of jumping on the bandwagon of China's fast-growing automotive industry.
Shandong Gold set to boost bullion output
2010-06-18 09:45:30
Shandong Gold Mining Group plans to expand its bullion output and also grow inorganically through overseas acquisitions, a company source told China Daily on Thursday.
Guotai names State Street as custodian, service provider
2010-06-17 16:17:05
US-based State Street Corporation, one of the world's leading providers of financial services to institutional investors, said on Wednesday that it was appointed as global custodian and trading service provider to the Guotai Nasdaq-100 Index Fund, which is managed by leading Chinese securities firm Guotai.
Minmetals plans more overseas M&As
2010-06-17 11:11:37
China Minmetals Group, the nation's largest metals trader, is planning more overseas mergers and acquisitions (M&A) in ferrous metals this year to bolster its raw material supplies.
AES to buy Jianghe Rural stake
2010-06-17 11:01:52
US power producer AES Corp (AES) has agreed to pay 333.2 million yuan ($48.8 million) to buy a stake in a Chinese hydropower company to expand its portfolio in the world's fastest growing energy market.
Two Chinese dairy producers among world's top 20
2010-06-17 09:09:30
Two Chinese dairy producers, Mengniu and Yili, entered the world's top-20 dairy ranking last year, according to an annual report released on Wednesday.
China's Fosun acquires 7.1% of Club Med
2010-06-15 14:09:59
Fosun, China's largest non-government controlled group, has acquired 7.1 percent of holiday resort operator Club Med, the first time a quoted Chinese group has taken a direct holding in a listed French company.