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When China National Petroleum Corporation took over PetroKazakhstan (PK) four years ago, the Canada-based oil company suffered from aging refineries, inadequate pipelines, declining output, and dismal sales.

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Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

New deal for commercial flights over the Great Wall

Old train tickets and the memory of yesteryear

'Hometowns' battle to claim their celebrities

Equestrian enthusiasts advocate riding horses to work

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Major Markets
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Dow 12,719.49 +0.74% Thur
Nasdaq 2,872.66 +1.36% Thur