Latour vs Lafite in battle for wine sale
2011-05-17 13:19:25
Can Chateau Latour catch Chateau Lafite? We'll find out on May 27, when vintages from Latour's cellar in Bordeaux, aged as much as 150 years, go on sale at Christie's International in Hong Kong.
Citic to acquire Sydney gold firm
2011-05-17 13:17:33
China's State-owned investment company Citic Group and its partners agreed to buy Gold One International Ltd for about A$444 million ($469 million) to gain gold assets in South Africa.
Next downturn is coming soon, says economist
2011-05-17 13:15:48
Even as a number of economists are predicting that another economic downturn will occur in the United States between 2012 and 2013, a Chinese economist is saying the troubles will come much sooner.
Sinosteel appoints new president to drive growth
2011-05-17 13:12:54
Sinosteel Group, China's largest iron ore trader, has announced the appointment of Jia Baojun as its president to replace the outgoing Huang Tianwen, according to the company's website on Monday.
Sanofi-Aventis redoubles efforts in Chinese market
2011-05-17 11:19:57
China may become the second-largest market for the French pharmaceutical company Sanofi-Aventis SA within five years, according to the company's Chief Executive Officer Christopher A. Viehbacher.
Carlyle's presence to increase
2011-05-17 13:08:57
Carlyle Group, one of the world's largest private equity firms, has just closed a second round of fundraising for its Beijing yuan-denominated fund, which now totals 3.2 billion yuan ($492 million).
Chinese, Brazilian ministers hold talks on trade
2011-05-17 11:25:26
Chinese and Brazilian trade ministers met on Monday on a variety of issues, including bilateral trade, investment and development.
China Mobile signals cover Nansha Islands
2011-05-17 11:23:36
China Mobile said on Monday that its mobile communications signals have been extended to provide service on the Nansha Islands.
ASEAN Plus Three countries deepen cooperation
2011-05-17 11:17:31
East Asia's efforts to institutionalize regional financial cooperation gained momentum as the ASEAN Plus Three Macroeconomic Research Office started operations on Monday, signaling a concrete step toward the formation of a potential Asia Monetary Fund.
China plans 30gW offshore wind power by 2020
2011-05-17 11:15:47
China will expand its offshore wind power installed capacity to 5 gigawatts (gW) by 2015 and 30 gW by 2020, according to the Chinese Renewable Energy Industries Association (CREIA) on Monday in Beijing.
Yahoo, Alibaba present united front
2011-05-17 10:58:56
Yahoo Inc and Alibaba Group released a joint statement on Sunday saying they are "engaged in and committed to productive negotiations".
Honeywell supplies China jumbo jet parts
2011-05-17 10:52:57
US-based Honeywell International Inc is in the final stages of establishing three joint ventures with Chinese firms to supply aviation parts for the C919 - China's homemade narrow body commercial airplane - said its top executive.