RBS, Guolian Securities open securities JV

2011-05-31 15:29:31

The Royal Bank of Scotland Group plc (RBS) and Guolian Securities Co Monday announced the opening of their securities joint venture, Huaying Securities Co, in Wuxi city, near China's financial center of Shanghai.

Aviation program to train more professionals for China

2011-05-31 15:27:23

More than 400 graduates have successfully obtained their master degree or diploma from the Aviation Safety Management Master Program (ASM Master Program). The program is run by Airbus and its European and Chinese partners.

Hypermart operator eyes $1b HK IPO

2011-05-31 15:04:49

China's largest hypermarket operator, Sun Holdings, is planning an initial public offering of up to HK$7.8 billion ($1 billion) in Hong Kong and has hired four banks to manage the offer, the Apple Daily reported on Monday.

CNPC awarded 2m barrels of oil

2011-05-31 15:02:11

China National Petroleum Corp (CNPC) has received its first cargo of crude oil, as payment for helping to develop Iraq's Rumaila oilfield, the company said on Monday.

Hard-landing fears misplaced

2011-05-31 15:01:01

China's economy may be the second largest in the world. But the Chinese economy, as financial markets see it, can still change direction with dizzying speed.

Slow progress toward FTA

2011-05-31 14:46:50

In the just-concluded fourth trilateral meeting of the leaders of China, Japan and South Korea, all three countries agreed to speed up the process toward finalizing a free-trade agreement (FTA).

Self-sufficient food policy benefits world

2011-05-31 14:44:07

Early this year, the Food and Agriculture Organization of the United Nations (FAO) issued a special alert warning that North China, the country's wheat basket, was suffering from a severe winter drought that could devastate China's wheat harvest, putting further pressure on world wheat prices that have been rising rapidly in recent years.

Tencent says site close not caused by hacker attack

2011-05-31 14:40:10

Tencent Holdings Ltd said it was the internet flipping not hacker attacking that caused Monday evening's 40-minute shutdown of one of its websites, QQ.com, portal for China's biggest instant messenger software by client numbers, China News Agency reported.

Italian jewelry on display in Hong Kong

2011-05-31 14:17:41

A model poses with Picchiotti's ruby and diamond jewelry on May 30, 2011, at an exhibition in Hong Kong. Picchiotti, an Italian jeweler, exhibited about 200 pieces at the show.

Property investments see double-digit growth

2011-05-31 13:57:45

Property investments in China's 31 provinces registered a double-digit growth during the past four months, China News Agency reported on Monday, citing data from the National Development and Reform Commission.

Dagong raises Chile credit rating

2011-05-31 13:38:45

Chinese ratings provider Dagong Global Credit Rating Co. said Tuesday it had raised the local and foreign currency sovereign credit rating of Chile from A+ to AA- with a stable outlook.

Tax change proposal receive mass feedback

2011-05-31 13:36:47

The country's top legislature has received a record number of more than 230,000 public submissions on a draft amendment to increase the minimum threshold for personal income tax from 2,000 yuan ($306) per month to 3,000 yuan.