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A major Chinese food trader has slammed the US government's dramatic revisions of its supply-demand data on corn, saying the sharp changes made it difficult for the entity to hedge risks.
China Communications Construction Co Ltd, the state-controlled builder, has delayed a plan to raise up to 20 billion yuan ($3 billion) via a Shanghai listing, Bloomberg reported on Friday.
China Mobile Ltd said 5.6 million iPhone users had access to its wireless network by the end of May, putting increasing pressure on China Unicom (Hong Kong) Ltd, Apple Inc's official partner in the country.
The Italian fashion brand Valentino is enjoying solid demand for haute couture pieces, thanks to Middle Eastern, Russian and US buyers and trading overall continues to improve, its head said on Wednesday.
China's biggest hypermarket operator, Sun Art Retail Group Ltd, raised $1.1 billion in a Hong Kong initial public offering at the top of expectations, bucking a recent downturn in Asian IPOs as investors jostled for a piece of China's booming consumer market.
Yihaodian, the online supermarket whose investors include Wal-Mart Stores Inc, may choose the US for an initial public offering as it expands to challenge Chinese rivals including Alibaba Group Holding Ltd's Taobao.
Tencent Holdings Ltd, China's biggest Internet company, agreed to buy a 15.7 percent stake in Kingsoft Corp for HK$892 million ($115 million) to expand in computer-security services.
The business of Otis Elevator Co in China will not contract much in the long term, after an escalator accident at a subway station in Beijing.
TNT Express NV, the Netherlands-based international express delivery company, is vying for a larger share of China's road delivery market, a top executive from the company told China Daily on Thursday.
US-listed Chinese companies are taking action to fight fraud allegations made by short sellers such as Muddy Waters Research of the US.
The infrastructure costs of Karara, a project jointly developed by Anshan Iron and Steel Group and Gindalbie Metals Ltd, went up significantly more than first estimated, the 21st Century Business Herald reported Wednesday.
Fujitsu Ltd aims to at least double its revenue from China in three years. The Japanese technology giant is planning to increase the proportion of revenue earned in overseas markets and to join the growing number of technology companies developing cloud-computing services.
