Emerging markets leading global M&A table

2011-05-14 09:51:58

An increasing number of companies from emerging markets, led by China and India, have taken control of businesses in developed economies since 2002.

'Undervalued' yuan blamed for EU deficit

2011-05-14 09:39:29

The European Union's (EU) head of foreign policy, Catherine Ashton, has said an "undervalued" yuan is one of the reasons for the EU's "large bilateral trade deficit" with China.

Packets should list all additives: ministry

2011-05-14 09:36:24

China's health authorities on Friday urged all food producers in the country to clearly list on packets any additives used in their products.

China's software piracy rate declines

2011-05-14 09:24:36

China's software piracy rate dropped 2 percentage points from 2009 to 2010, but the commercial value of the illegitimate software last year was up by 1.55 percent.

China's Little Sheep devoured by Yum!

2011-05-14 09:17:09

Yum! Brands Inc is set to acquire the Hong Kong-listed Mongolian hot pot brand Little Sheep Group Ltd at a 30 percent premium price of HK$6.5 (84 cents) a share.

Energy aid is being misused, audit finds

2011-05-14 09:13:19

Some Chinese enterprises have misused or fraudulently acquired subsidies assigned by the central government to boost energy efficiency, the nation's top auditing office said on Friday.

CGNPG uranium subsidiary develops new mines

2011-05-14 09:04:58

The uranium subsidiary of China Guangdong Nuclear Power Group (CGNPG) said it is developing two large mines in China's Guangdong province and the Xinjiang Uygur autonomous region.

EU urged to remove political obstacles

2011-05-14 09:01:44

China has renewed its call for the European Union to lift its arms embargo on China and to recognize the country's market economy status, calling on the European Union to remove major political obstacles in bilateral relations.

Foreign exchange rates in Hong Kong - May 13

2011-05-13 17:25:13

The following are foreign exchange rates against Hong Kong dollar released Friday by the Bank of China (Hong Kong) Limited

Gold price closes higher in Hong Kong - May 13

2011-05-13 17:22:31

The gold price in Hong Kong moved up HK$212 to close at HK$14,060 per tael on Friday, according to the Chinese Gold and Silver Exchange Society.

Commercial banks' NPL hit 433b yuan at end of Mar

2011-05-13 16:43:43

Non-performing loans (NPL) in China's commercial banks hit 433.3 billion yuan ($66.67 billion) at the end of the first quarter, a decrease of 300 million yuan from the end of last year, China's banking regulator said in Beijing on Friday.

Hong Kong stocks close up 0.88% - May 13

2011-05-13 16:33:43

Hong Kong stocks closed up 202.51 points, or 0.88 percent, at 23,276.27 on Friday.