Top Biz News

US sets countervailing duties on tubular goods from China  2009-11-25 09:54:14

The US Commerce Department on Tuesday announced its decision to set final countervailing duties (CVD) on imports of the $2.6 billion oil country tubular goods (OCTG) from China, the biggest US trade action against China.



2 executed over baby formula scandal  2009-11-25 07:51:05

Two people were executed yesterday for their roles in the country's tainted milk powder scandal last year, which killed six children and made more than 300,000 sick.



China Pacific gets nod for $3.4b HK IPO  2009-11-25 11:06:18

China Pacific Insurance (Group) Co Ltd, China's third-largest life insurer, has received government approval for its long-delayed plan to float shares in Hong Kong to raise at least 23.3 billion yuan ($3.4 billion).



RMB rate fine-tuning is possible  2009-11-25 07:51:05

The vice-foreign minister said the RMB rate's flexibility may widen, echoing the nation's central bank a month ago.



Size matters: City crushed by smaller Disneyland plan  2009-11-25 07:51:05

When the proposal to build a Disneyland park was approved earlier this month, people in Shanghai embraced the prospect of the world's biggest Mickey Mouse playground. Instead, the latest plan would make it the world's smallest Disneyland Park.



China denies plan to release rural land into market  2009-11-25 09:47:26

A land planning official of China Tuesday denied reports that claimed the country was going to release rural land into market to ease land shortage and curb the steep hike in housing prices.



Airlines to merge by year-end  2009-11-25 08:05:04

China Eastern Airlines, the country's third biggest carrier, said yesterday that it would complete its merger transaction with Shanghai Airlines by the end of the year.



Insurance hike for luxury cars  2009-11-25 07:57:56

Beijing's luxury car owners say exorbitant insurance fees that will come into effect from next year will not stop them driving their mega-million yuan sleek toys.



Compensation planned for return of relics  2009-11-25 07:51:52

In a bid to encourage overseas collectors to return to China its ancient relics, the country plans to offer "reasonable compensation" in exchange for the antiques.



Black taxi rates may follow licensed cabs  2009-11-25 07:57:56

Unlicensed taxi drivers might raise their rates to match the 1 yuan increase in licensed cabs, following a jump in gasoline prices two weeks ago.



Record surge in used apartment sales  2009-11-25 07:57:56

ChiNext stock index down Tuesday  2009-11-24 16:29:46



Sinopec keen despite Iraq snub  2009-11-24 08:11:38

Market blamed for gas pains  2009-11-24 08:01:07

BBVA may boost CITIC Bank stake  2009-11-24 08:11:38

Disneyland's final plans unveiled  2009-11-24 08:01:07



SAIC Group expects 30% surge in sales  2009-11-24 09:14:40

UCWeb bets big on surging 3G volumes  2009-11-24 08:11:38

Merck to set up R&D unit in Beijing  2009-11-24 08:11:38

Stronger yuan may spur shares  2009-11-24 08:11:38

Biz Unusual

Cutting off criminal channels

The China Advertising Association publicly condemned 58 illegal infomercials on Sept 25 after an investigation by the State Administration of Industry and Commerce.

Soccer betting targeted

Funds distributed by 'castes'

'Mistress forced me to take bribes'

Fired up about trash crisis

more
Newsmaker

Air China's Fan Cheng named to run Shenzhen Airlines

Air China Vice-President Fan Cheng was named Party secretary of Shenzhen Airlines on Tuesday, according to two sources with direct knowledge of the matter, adding fuel to speculation that the world's most valuable airline would take over the Shenzhen-based carrier.

Li hikes stake in holding firm

Student entrepreneurs get support amid bleak job market

Stars shine brighter with EMBA

GSK may shift some Relenza manufacturing to mainland

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Major Markets
Name Value Change Time
Shanghai +1.62% Fri 3,317.41
Shenzhen +0.91% Fri 13,884.93
HSI -0.25% Fri 22,498.15
NIKKEI +0.45% Fri 10,022.59
Dow +0.22% Fri 10,388.90
Nasdaq +0.98% Fri 2,194.35