Sinosteel sales jump 83%

2008-01-18 10:35:09

Sinosteel Corp, China's leading raw materials and service provider, said its 2007 sales increased 83 percent as the company restructured its business.

Banks show record figures

2008-01-18 09:16:36

A worker furbishes the logo of a bank. Banks in Shanghai reported good results for 2007 on efforts to diversify and the country's booming economy. [China Daily]

London Stock Exchange to open office in Beijing

2008-01-17 13:32:08

The London Stock Exchange is set to open a marketing office in Beijing this week, the daily Financial Times reported Wednesday.

HK gold futures likely soon

2008-01-17 09:12:27

Gold futures and options are likely to be launched on the Hong Kong exchange this year, pending regulatory approval.

HK stocks dive on fear of slowdown

2008-01-17 08:59:13

Hong Kong shares joined global plunges yesterday to tumble more than 5 percent on growing speculation of the slowdown of US economy.

China Eastern may consider scheme for partnership with Air China

2008-01-15 17:10:28

China Eastern Airlines has softened its stance on the impossibility of considering a bid from Air China's parent company for partnership with the country's flagship carrier.

CITIC Bank estimates doubling in net profit for 2007

2008-01-15 16:09:12

China CITIC Bank estimated its net profit for 2007 was more than double the previous year's figure of 3.73 billion yuan.

China Life, UnionPay ink co-op deal

2008-01-15 14:24:00

China Life has inked an all-around deal with China UnionPay, the nation's largest credit card service company.

Shanghai port to take majority stake

2008-01-15 09:27:54

Shanghai International Port Group Co(SIPG), China's largest port by cargo throughput, yesterday said it will take a majority stake in the proposed joint venture with Jiujiang port.

Cautious optimism in stocks

2008-01-14 11:58:26

China's stock market will continue its upward trend this year but at slower pace than recent years, an informal phone survey of investment analysts, fund managers and economists said.

Two banks apply to make insurance investments

2008-01-14 09:21:03

Bank of Communications and Bank of Beijing have filed applications to invest in insurance companies, the China Securities Journal reported.

Market sees bright futures

2008-01-14 11:38:44

Developing Shanghai's futures market is essential for turning the city into an international financial center, experts say.