Geely says Volvo to retain technology after purchase

2009-11-28 07:27:47

Geely Holding Group Co, the Chinese carmaker in talks to buy Volvo Car Corp, said the Swedish company would retain ownership of technology following a sale by Ford Motor Co.

Sanlu sued by tainted-milk victim family

2009-11-28 07:25:17

A lawsuit filed by a family that was a victim of the melamine-tainted milk scandal saw its day in court on Friday - the first trial for the families suing the milk company since the incident broke out more than one year ago.

Lenovo to buy back cell phone arm

2009-11-28 07:24:49

Lenovo Group said on Friday that it would spend $200 million to buy back the cell phone business it sold to a group of investors last year. Lenovo had spun off its mobile phone unit in February for $100 million to boost profitability.

Negotiations between Chinese writers and Google at standstill

2009-11-27 10:47:53

The dispute is over copyright issues of books being scanned and made available on Google's site. The result, however, was not satisfactory. There is still a long way to go.

Minsheng down 3.08% on H-share debut

2009-11-27 09:42:49

China Minsheng Banking Corp fell 3.08 percent in its Hong Kong debut on Thursday after raising approximately HK$30 billion in the city's biggest initial public offering since April 2007.

Shanda inches close to Ku6 buy

2009-11-27 08:02:40

Shanda Interactive Entertainment Ltd is acquiring video website Ku6.com, in an effort to expand its market share in the interactive entertainment segment.

Yunnan Chihong may raise 1.8b yuan

2009-11-27 08:02:40

Yunnan Chihong Zinc & Germanium Co, the country's fifth-largest zinc smelter, said yesterday it plans to raise up to 1.8 billion yuan in a rights offer to expand its lead and zinc production capacity.

Fidelity's Bolton to focus on China fund

2009-11-27 08:02:40

Fidelity International's Anthony Bolton, one of the UK's best known and top performing asset managers, said he plans to return to managing money next year, with a focus on the increasingly important China market.

Hyundai mulls new China unit

2009-11-27 08:02:40

Hyundai Motor Co, South Korea's biggest automaker, plans to build a third plant in China to meet demand in the world's largest automobile market so far this year.

Li hikes stake in holding firm

2009-11-27 08:02:40

Cheung Kong (Holdings) Ltd Chairman Li Ka-shing is buying more shares in the property developer, the worst-performing stock this year among Hong Kong's five biggest real-estate companies.

Wal-Mart launches probe into labor abuse allegations

2009-11-27 07:54:17

Wal-Mart yesterday launched its own investigation into the findings of a New-York based human rights group, which levied serious labor abuse allegations against the company.

Shell opens lubricants blending plant in China

2009-11-26 17:03:24

Shell today started up a lubricants blending plant in Guangdong province to meet domestic growing demand.