Alipay partners with MasterCard in HK, Macao, Taiwan

2010-04-22 13:15:49

The world's largest online payment company, Alipay.com Co Ltd, Wednesday announced it had begun offering payment services in Hong Kong, Macao and Taiwan in partnership with MasterCard Worldwide.

Datong Coal Industry Co reports 2009 net profit up 2.55%

2010-04-22 11:46:49

Datong Coal Industry Co Ltd, one of China's leading coal producers, said Wednesday its 2009 net profit rose 2.55 percent on the back of rising coal output and strong sales.

China Zhongwang's net profit increases 85% year-on-year

2010-04-22 09:30:55

China Zhongwang Holdings Ltd, the largest aluminum extrusion products manufacturer in China and Asia, reported 84.7 percent growth in its net profit in fiscal year 2009 over a year earlier.

Sinosteel to buy iron ore from Brockman

2010-04-22 09:12:46

Iron ore trader Sinosteel Corp has agreed to buy future production from Australian miner Brockman Resources Ltd to secure raw material supplies for Chinese steel mills.
Refocus on Iron Ore Talks

Airlines to Europe fly again

2010-04-22 07:48:17

China's largest airline, Air China, said all its flights from Beijing to Europe had returned to "normal" service on Wednesday.

China Eastern resumes some flights to Europe

2010-04-22 00:43:08

China Eastern Airlines resumed some flights to Europe Wednesday, a week after ash from a volcanic eruption in Iceland halted air travel.

SDIC Huajing Power 2009 net profit down 19% on higher costs, weak demand

2010-04-21 14:25:25

SDIC Huajing Power Holdings Co Ltd, a major Chinese electricity producer, said Wednesday its 2009 net profit declined 19.3 percent year-on-year on increased business costs and weak demand.

Youku.com to venture into filmmaking

2010-04-21 11:11:23

Youku.com, one of China's largest video websites, announced its partnership with the country's largest filmmaker, China Film Group Corp (CFGC), on April 20, in an effort to expand its portfolio amid fierce competition for China's online video market.

China CNR net profit up 16% on growing demand

2010-04-21 10:27:41

China CNR Corporation Ltd, one of China's major locomotive and rolling stock producers, said Tuesday its 2009 net profit rose 16.34 percent on the back of strong domestic demand and rapid expansion into overseas markets.

Zijin Mining posts Q1 net profit up 40%

2010-04-21 09:26:43

China's largest gold miner Zijin Mining Group Co said Tuesday its first quarter net profit rose 40 percent year on year to 1.28 billion yuan ($180 million).

ICBC board approves Zhang as vice president

2010-04-20 10:51:01

The board of Industrial and Commercial Bank of China (ICBC) on Monday passed the proposal to recruit Lee Zhang, former top Asian executive of Deutsche Bank AG, to be the bank’s vice president, the Xinmin Evening News reported.

Tibet Airlines to launch in May

2010-04-20 10:47:27

China prepares to launch its first airline based in southwestern Tibet - Tibet Airlines Co Ltd next month.