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Lenovo's launch of a video game console in China this year could throw into question the country's decade-old ban on the devices and might eventually open the $5.8 billion Chinese gaming market to Sony Corp and Microsoft Corp.
When Chen Jinya joined Alcoa China on the first day of 2007, he expected he would be able to build a bridge between East and West.
Temasek Holdings Pte, Singapore's State-owned investment company, raised HK$28.2 billion ($3.63 billion) selling stakes in China Construction Bank Corp (CCB) and Bank of China Ltd (BOC), two of the mainland's three biggest banks.
Homegrown Chinese sport brand Li Ning Co Ltd said it expected to see its revenues decline 5 percent in the first half of 2011 from a year ago as it moves to revamp distribution channels.
Shenhua Group Corp Ltd is to get a 40 percent share in developing Mongolia's Tavan Tolgoi coalfield, the world's largest untapped source of coal, which will help the country to further diversify its energy resources.
The French luxury brand Longchamp SAS will accelerate its expansion in China to make the country one of its top-three markets in three years, the company's chief executive officer said.
US-based cosmetics maker Estee Lauder Cos Inc raised the price of its brands by an average of 8 to 10 percent on July 1, a move that follows price increases by its competitors, analysts say, and that will not significantly affect its market share.
Sony Ericsson Mobile Communications AB will cooperate with China Mobile Holdings Ltd to develop mobile phones that support China's domestic fourth-generation telecommunications technology, Sony Ericsson's global president said.
Northwest Nonferrous International Investment (NNII) announced it has acquired a controlling stake in Synergy Metals Limited with A$12.6 million.
China's Bright Food Group said on Tuesday it is not in talks to buy any Australian wine assets, denying a media report that it was in internal talks on bidding for Australia's Treasury Wine Estates Ltd.
Singapore state investor Temasek Holdings launched a $3.7 billion sale in two Chinese state-owned banks late on Tuesday, according to a term sheet seen by IFR, in a move aimed at trimming its exposure to financial sector.
Treasury Wine Estates Ltd rose by a record in Sydney trading as two people familiar with the matter said China's Bright Food Group Co is considering making an offer for the world's second-largest winemaker.
