China Everbright eyes Hong Kong listing
2011-06-01 13:42:25
China Everbright Bank is seeking to list in Hong Kong in July, the lender said in a statement late on Tuesday, in a listing that could be worth around $6 billion-$7 billion.
PMI of manufacturing sector declines in May
2011-06-01 11:10:47
The Purchasing Managers Index (PMI) of China's manufacturing sector dropped to 52 percent in May, the China Federation of Logistics and Purchasing (CFLP) said Wednesday.
Anti-corruption probe to expand
2011-06-01 10:54:17
Over 60 people, including government officials and telecommunication company employees, were implicated in the anti-corruption investigation revolving around a senior executive in China's telecommunication industry.
China's service trade to hit $600b by 2015
2011-06-01 10:32:07
China is drafting a five-year plan to promote trade in its service sectors, with a projected service trade volume of $600 billion by 2015, a senior official said on Tuesday.
Insurers to add realty investments
2011-06-01 10:25:16
Around 78 billion yuan ($12 billion) of insurance capital is expected to enter Beijing's "economically affordable" housing market, marking further investment in the property market.
'Tainted drinks not distributed'
2011-06-01 10:17:59
A tainted drink scandal is continuing to spill across the mainland with the discovery of a second contaminated product from Taiwan.
DHL to expand in western China
2011-06-01 09:40:23
Deutsche Post-DHL's express division will continue expanding its investment in China, especially in the western region, said Ken Allen, chief executive of DHL Express.
China's economic surge could boost Japan
2011-06-01 09:22:42
China's rapid economic growth and increasing domestic demand are stimulating imports from Japan, a factor that may play an important role in Japan's economic recovery, according to research from the Chinese Academy of Social Sciences (CASS).
CCB not rule out merger with Russian banks
2011-05-31 17:27:48
China Construction Bank (CCB) did not rule out the possibility of acquisitions of Russian commercial banks or investment in Russian banking field, CCB President Zhang Jianguo said Monday.
Italian jewelry on display in Hong Kong
2011-05-31 14:29:54
A model poses with Picchiotti's ruby and diamond jewelry on May 30, 2011, at an exhibition in Hong Kong. Picchiotti, an Italian jeweler, exhibited about 200 pieces at the show.
CNOOC offloads Qatari license stake
2011-05-31 11:15:59
CNOOC Ltd, China's biggest offshore oil producer, sold a 25 percent stake in a license to explore for hydrocarbons in Qatar to Total SA of France as the Chinese company seeks to reduce risk.
Australia backs cross-border RMB settlements
2011-05-31 11:10:43
Australia is keen to play a bigger part in accelerating the internationalization of the yuan, according to a new report.