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  • ICBC gets nod to buy 80% stake in BEA

    2012-05-11 01:59

    The Industrial and Commercial Bank of China (ICBC), the world's largest lender by market value, said Thursday its purchase of an 80-percent stake in the Bank of East Asia (BEA) had won approval from the U.S. authority.

  • China's leading printing company merged

    2012-05-10 22:29

    The China Printing Group Corporation (CPGC), a state-owned printing enterprise, and China Guoxin Holding Co., Ltd. are to merge, authorities announced.

  • Huawei predicts $9b in consumer device sales

    2012-05-10 20:54

    Huawei Technologies Co Ltd said it expects its consumer device sales to reach $9 billion this year.

  • New guidelines considered on bank charges

    2012-05-10 20:41

    China's banking regulators are combing through commercial lenders' services and the relevant fees.

  • Bank of China's Chicago branch approved

    2012-05-10 17:24

    The Bank of China, China's third largest bank, announced Thursday that the US Federal Reserve had approved it to set up a branch in Chicago.

  • 'Big Four' auditors to become local firms

    2012-05-10 16:46

    Authorities in China on Thursday began implementing a new program that orders the "Big Four" global auditing companies dominating the Chinese market to practise as local firms after their joint venture agreements expired.

  • Hired hands take to northeast rice fields

    2012-05-10 07:25

    A special train full of migrant workers arrived on Wednesday morning at Qianjin town in the Sanjiang Plain, a major rice growing area in Northeast China's Heilongjiang province.

  • Regulator urges openness on dividends

    2012-05-09 21:47

    The China Securities Regulatory Commission is urging public companies to formulate clear policies for paying cash dividends, and it called on them to periodically release information to shareholders.

  • Deepwater rig to drill deepest well in S China Sea

    2012-05-09 21:49

    The first deepwater drilling rig developed in China is scheduled to drill the deepest well in the South China Sea.

  • Software expo to spur high-tech sector

    2012-05-09 21:36

    The expo will have top Chinese software makers such as Yonyou Software and Neusoft Corp to demonstrate various programs including cloud computing and mobile Internet applications.

  • China, Japan, ROK deepen financial cooperation

    2012-05-09 20:50

    In the face of the grave challenges to world economic recovery, China, Japan and the Republic of Korea (ROK) have further deepened financial coordination.

  • A bigger picture for Guangzhou's Nansha

    2012-05-09 07:23

    Once dubbed "the Siberia" of Guangzhou, Nansha district remains a surprise to visitors.

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