BIZCHINA
One of the more controversial organizations in the recent wrangling over the price of iron ore that led to the arrest of four Rio Tinto executives in China remains open, but there is now no nameplate on the door.

Holding out for better prices

China's talks with BHP Billiton, Rio Tinto and Vale were clouded this year by Rio Tinto's rejection of a deal with Chinese aluminum firm Chinalco and the country's detention of four Shanghai-based Rio Tinto employees accused of stealing State secrets.

Natural gas price hikes on the way

"I need to buy more in case there is a sudden price hike. Prices of everything have gone up sharply this year for things like houses, water and gasoline."

Newspaper groups working to get listed

Shares in retailer Gome, dubbed China's Best Buy, declined sharply on Friday after a Hong Kong court decided to freeze assets worth HK$1.66 billion held by its former chairman Huang Guangyu.

Autos: Volkswagen set to double China sales

Representatives of American tire distributors said at a hearing Friday that China-made tires do not compete directly against US-made products in the North American market.

A recent hefty hike in the cigarette consumption tax will do nothing to curb smoking in China - the world's largest tobacco producer and consumer - because the price of a pack of smokes remains the same for consumers, say experts.

Bosideng eyes mergers to beat slump

Major Markets
Name Value Change Time
Shanghai 3,260.69 -2.85% Fri
Shenzhen 12,975.26 -3.86% Fri
HSI 20,375.37 -2.51% Fri
Nikkei 10,412.09 +0.23% Fri
Dow 9,370.07 +1.23% Fri
Nasdaq 2,000.25 +1.37% Fri
Exchange Rates
100 units of foreign currencies (04/16)
USD 683.01 HKD 88.128
EUR 905.57 JPY 6.8693
GBP 1027.49 CHF 598.26
CAD 568.58 AUD 498.43