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Chinese, Mongolian companies sign $250m coal deal

2011-07-29 14:14:21

A Mongolian and a Chinese mining company have signed a coal deal worth $250 million, local media reported Friday.

eSun forms new arm from buyout

2011-07-29 11:45:38

Hong Kong-based media conglomerate eSun Holdings Ltd unveiled on Thursday its new entertainment arm, Media Asia Group Holdings Ltd, after completing the buyout of film production and distribution company Rojam Entertainment Holdings Ltd.

Chinese and auto demand to boost ArcelorMittal

2011-07-29 11:15:53

The world's No 1 steelmaker ArcelorMittal SA sees demand from China and the auto industry supporting second-half profits this year, along with more in-house ore and coal supplies.

CYTS looks to smaller cities for tourism sector

2011-07-29 11:15:14

China CYTS Tours Holding Co Ltd, a leading tourism service provider in China, is seeking a stronger foothold in second- and third-tier cities, along with an improved service standard to survive weak inbound market growth, the agency's top executive said.

Sinopec breaks ground on first lubricant plant overseas

2011-07-29 10:40:07

Sinopec held a groundbreaking ceremony in Singapore on Thursday for the oil giant's first lubricant plant outside China through direct investment

Yanchang Petroleum to focus on petrochemicals

2011-07-29 10:27:40

Shaanxi Yanchang Petroleum (Group) Co, China's fourth-biggest oil producer by output, is planning to strengthen its petrochemical division and cut the weighting of its oil and gas unit in its total portfolio, after its oil resources were squeezed by China's top three oil companies.

Haier to buy Sanyo Electric: Report

2011-07-29 09:59:23

The Japanese electronics giant Panasonic Corp plans to sell its subsidiary Sanyo Electric Co Ltd's washing machine and refrigerator operations in Asia to China's Haier Group Corp.

Noodle giant's shares plunge after scandal

2011-07-29 09:58:51

Hong Kong listed shares of a noodle giant have slumped drastically after the company was accused of lying about the ingredients it used in its soups.

Kingdee to help train SMEs in Singapore

2011-07-29 09:56:52

Chinese business management software provider Kingdee International signed a memorandum of understanding with a local organization here on Thursday to help train small and medium enterprises (SMEs) in finance and accounting.

Sony trims its profit forecast by one-quarter

2011-07-29 09:48:26

Sony Corp, Japan's largest exporter of consumer electronics, cut its annual profit forecast after a slump in demand led the company to lower its estimate for television sales.

Sun Art shares increase more than 40% on first day of trading

2011-07-29 09:45:07

The share price of the hypermarket chain store operator Sun Art Retail Group Ltd rose by more than 40 percent on the company's first day of trading following its IPO.

BYD to provide electric cars for Universiade

2011-07-28 15:36:49

BYD Auto Co Ltd signed a contract with the Shenzhen public transportation sector to provide 200 pure electric buses and 300 pure electric taxis for the upcoming 26th Universiade (World University Games), CarsChina.com reported on Wednesday.