Private couriers' price hike threatens online businessMajor domestic private couriers recently adjusted prices of their express delivery services, which directly affects the profits of millions of online store owners.
ICBC officially launches global cash management businessIndustrial and Commercial Bank of China (ICBC) on Nov 24 officially launched its global cash management business, which includes accounts management, centralized receipts and payments, domestic and foreign currency pools, investment, financing and risk management.
Mergers shrink Shanxi mine firms from 2000 to 130The number of coal enterprises in north China's Shanxi province has dropped from more than 2000 to 130 after a merging and overhaul of the industry, according to the Shanxi Provincial Office of Coal Industry.
Big 4 banks Oct new loans hit 136b yuanChina's big four banks extended about 136 billion yuan ($20 billion) yuan-denominated new loans in October, up 23.6 percent from September's 110.4 billion yuan.
Sinopec hit by refining losses in OctAsia's largest refiner Sinopec incurred losses in its refining business in October because increases in domestic fuel prices haven't caught up with gains in crude costs, a company official said yesterday.
PetroChina's Q3 net profit down 23.2%
Shanghai Deer Jet gets nod to fly business jetsShanghai Deer Jet Co, a subsidiary of HNA Group, has won permission from the Civil Aviation Administration of China to provide business aviation services.
Minsheng closes in on floatChina Minsheng Banking Corp, the nation's first listed private lender, may get a hearing for its initial public offer in Hong Kong by the end of this month.
China's premium income ranks No 6China's total premium income of 2008 reached 978.41 billion yuan ($143 billion), making it the sixth largest country in terms of premium income.
New schedule triggers carriers to add routes, slash pricesThe new winter-spring flight schedule released by China's aviation authority has triggered carriers to add more flight routes while greatly slashing ticket prices to compete for passengers.
Duke Energy, ENN in clean energy ventureDuke Energy signed an agreement with privately-owned ENN Group of China.
BYD hopes for big share in China's electric car programBYD Co Ltd hopes to be a top supplier in incentive programs.
PICC expands to real estate investmentThe People's Insurance Company (Group) of China Ltd (PICC), the biggest insurance conglomerate in China, has stretched out its reach to real estate investment, said Wu Yan, chairman of the insurer.
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
