You are hereFeed aggregator
Feed aggregator
Shanghai's used home sales to soar 75%
Shanghai Business - Wed, 12/30/2009 - 01:28
THE transaction volume of existing homes in Shanghai is expected to jump 75 percent to 23.16 million square meters this year and more than half of the apartments cost not more than 800,000 yuan (US$117,130), according...
Nufarm rejects Sinochem bid
Shanghai Business - Wed, 12/30/2009 - 01:27
SINOCHEM'S bid to buy a stake in farm chemicals maker Nufarm failed, as the Australian firm turned to Japan's Sumitomo Chemical's tender offer to buy a 20-percent holding after the Chinese company trimmed its offer...
Shanghai may see 14% drop in TEUs
Shanghai Business - Wed, 12/30/2009 - 00:33
SHANGHAI'S container throughput this year may drop 14 percent from 2008 to around 24 million TEUs (twenty-foot equivalent units) according to preliminary estimates, a government official said yesterday. The city's...
Joint bid for Canadian miner
Shanghai Business - Wed, 12/30/2009 - 00:32
CHINA Railway Construction Corp and Tongling Nonferrous Metals Group Holdings Co have agreed to jointly acquire a Canada-based mining company for C$679 million (US$651 million) to gain access to the miner's assets...
Macau saves more
Shanghai Business - Wed, 12/30/2009 - 00:00
Construction profits rise
Shanghai Business - Wed, 12/30/2009 - 00:00
Tokyo sets bourse course
Shanghai Business - Wed, 12/30/2009 - 00:00
World stocks maintaining rally
Shanghai Business - Wed, 12/30/2009 - 00:00
WORLD stocks floated below year highs yesterday, extending a rally with Britain's FTSE rising to pre-Lehman levels. Wall Street looked set to join in with gains at the open. The dollar was weaker, 10-year euro...
Key index ends at highest in 2 weeks
Shanghai Business - Wed, 12/30/2009 - 00:00
SHANGHAI'S stock barometer edged up yesterday to close at the highest level in two weeks as banks rose on expectations that China's economic recovery will continue to boost loans. The Shanghai Composite Index...
Standard Chartered Bank Deal to invest in Sangle Solar
Shanghai Business - Wed, 12/30/2009 - 00:00
STANDARD Chartered Bank's private equity affiliate has closed a deal to invest US$22.3 million in Sangle Solar Energy Co Ltd, a Chinese maker of solar water heaters, the bank said. The Shandong Provincial Academy...
Industrial Bank To issue co-branded credit card
Shanghai Business - Wed, 12/30/2009 - 00:00
FUJIAN Province-based Industrial Bank has allied with Shanghai Mercedes-Benz Co to issue a co-branded credit card from January 2010, which targets high-end clients.
Cathay Insurance Opens branch in Jiangsu Province
Shanghai Business - Wed, 12/30/2009 - 00:00
CATHAY Insurance has opened a branch in Jiangsu Province to tap demand for financial protection after getting approval from the China Insurance Regulatory Commission for the office in September. Cathay Insurance...
ING's Beijing focus after sale
Shanghai Business - Wed, 12/30/2009 - 00:00
ING said yesterday it would focus on its Beijing joint venture and sell its stake in a Shanghai venture to China Construction Bank. The Netherlands-based company has agreed to sell its 50 percent stake in Shanghai-based...
Russian-led group signs deal to develop huge Iraqi oil field
Shanghai Business - Wed, 12/30/2009 - 00:00
A CONSORTIUM led by Russia's private oil giant Lukoil yesterday signed an initial deal with Iraq to develop one of its biggest oil fields, an agreement key to the nation's efforts to boost output of a resource crucial...
Pilgrim's retains its pride in recovery
Shanghai Business - Wed, 12/30/2009 - 00:00
CHICKEN producer Pilgrim's Pride Corp said on Monday that it has emerged from bankruptcy protection and will soon be part of the world's largest meat producer. The Pittsburgh company filed for bankruptcy protection...
Regulators urged to block Google deal
Shanghai Business - Wed, 12/30/2009 - 00:00
TWO advocacy groups have asked United States antitrust regulators to block Google's purchase of AdMob, a provider of advertising services for mobile phones, on antitrust grounds and to address privacy issues raised...
iPhones go back on sale in New York
Shanghai Business - Wed, 12/30/2009 - 00:00
AT&T Inc suspended online sales of iPhones to New Yorkers over the weekend for unknown reasons, then started selling them again just as mysteriously on Monday. Spokesman Fletcher Cook said only that the phone company...
Tesco to keep VAT at 15%
Shanghai Business - Wed, 12/30/2009 - 00:00
TESCO, Britain's biggest retailer, is to freeze value added tax on thousands of products in the new year. It pledged to keep VAT at 15 percent on items including TVs, iPods, toys and bikes, resulting in 12 million...
