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Top Biz News
Luxury carmaker Mercedes-Benz yesterday entered the premium used-car market with its StarElite Pre-Owned Program, in a bid to garner more market share and support its businesses in the country.
The property market in Shanghai seems to be revving up again stoking fears of an impending price rise, going by the record sales price of an apartment in the expensive but much sought after Tomson Riviera.
Chinese equities opened higher on Thursday, echoing the overnight Wall Street gains and buoyed by a wave of positive Chinese economic data released Wednesday.
The world's third-largest economy looks to be well on the road to recovery, say analysts, following the publication of more strong economic data.
World Bank Senior Vice President and Chief Economist Justin Yifu Lin has warned that China's sustained development will require re-balancing the economy.
Chinese securities firms are expected to get a clear indication from the market regulator soon on when it would allow margin trading after completing the test runs of the trading networks.
Small and medium-sized tiremakers in China are now shifting their marketing focus to other countries to alleviate the losses due to the punitive tariffs imposed by the US on Chinese-made tires in September.
Fox Resources Ltd, backed by China's Jinchuan Group Ltd, is in talks with a potential Chinese partner to help develop an iron ore project in Australia.
More than 41 percent of people in the Pearl River Delta have felt sick or uncomfortable this year because of the region's heavy pollution, a recent survey found.
Alternatives should be considered before a hydropower project in the Yangtze River's conservation area moves ahead and endangers rare fish, scientists said.
The China Advertising Association publicly condemned 58 illegal infomercials on Sept 25 after an investigation by the State Administration of Industry and Commerce.
Cheung Kong (Holdings) Ltd Chairman Li Ka-shing is buying more shares in the property developer, the worst-performing stock this year among Hong Kong's five biggest real-estate companies.
| Name | Value | Change | Time |
| Shanghai | +1.25% | Tue | 3,235.36 |
| Shenzhen | +1.42% | Tue | 13,677.72 |
| HSI | +1.34% | Tue | 22,113.15 |
| NIKKEI | +2.43% | Tue | 9,572.20 |
| Dow | +0.34% | Mon | 10,344.80 |
| Nasdaq | +0.29% | Mon | 2,144.60 |
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