ZTE sees little effect from ruling

2012-02-09 09:59:52

ZTE Corp said an Indian court's ruling imposing penalties on local telecoms operators has had little impact on its performance, and the company's operations in India are running as usual.

Maserati to recall 222 autos in mainland

2012-02-09 09:13:51

Italian luxury car-maker Maserati will recall 222 vehicles imported to the Chinese mainland due to defective rear lamps, China's quality watchdog said Wednesday.

Newly-named Xinhua TV firm debuts in HK stock market

2012-02-08 16:13:31

CNC Holdings Limited, a newly-named company owned by the TV arm of China's state-run Xinhua News Agency, made its debut on Wednesday on the Hong Kong stock exchange.

Huawei wins UFB contract in NZ

2012-02-08 16:03:41

Chinese telecommunications maker Huawei has scored a second major contract in the New Zealand government's scheme to bring ultrafast broadband (UFB) to most of the country.

Brokers' performance continues to decline in Jan

2012-02-08 15:45:38

The performance of securities companies in the first month of 2012 continued to decline despite the rise of the A-share market since the beginning of this year, Securities Daily reported Wednesday.

Poly home sales slump 69% in Jan

2012-02-08 15:43:00

Poly Real Estate Group, China's second largest property developer by market value, said Wednesday that its home sales fell 69.35 percent year-on-year to 1.51 billion yuan ($239.68 million) in January.

Chinese brand to open boutique in Paris

2012-02-08 15:40:28

Shang Xia, a Chinese fashion brand under the Hermes Group, is to launch its first overseas boutique in Paris, the company said on Tuesday.

Chongqing Steel, POSCO to launch ironmaking project

2012-02-08 14:13:27

Southwest China's Chongqing Steel and the Republic of Korea's POSCO will launch an ironmaking project in June in Chongqing municipality, according to the city's economy and informatization committee.

CIC, Sinopec among investors in oil sands IPO

2012-02-08 10:14:09

Sovereign wealth fund China Investment Corp (CIC) and state refiner Sinopec are among the three cornerstone investors to pledge $350 million toward Canadian oil explorer Sunshine Oilsands Ltd's Hong Kong IPO, Reuters reported, citing a source with direct knowledge of the matter.

Olympic mascot maker rejects sweatshop claims

2012-02-08 09:40:34

Representatives of the Chinese manufacturer of Olympic mascot dolls on Tuesday said reports claiming its products were made in sweatshops had been based on untrue information and its factory is open to international organizations and the media for inspections.

Wal-Mart names new CEO and president for Chinese operations

2012-02-08 09:33:16

The international retail giant Wal-Mart Stores Inc announced that Greg Foran has been named president and CEO of Wal-Mart China.

Tech firm says applications will be available for download again

2012-02-08 09:13:16

Qihoo 360 Technology Co Ltd said on Tuesday that its products, which were removed from Apple Inc's online store, will be available for downloading again in the next few days.