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China Mobile plays a vital role in emergency communications

2011-05-16 14:10:46

China Mobile Communications Corp, the world's largest mobile telecom operator by network size and subscribers, is committed to building a responsible network and improving its service quality.

Macao gets a new $1.9b casino

2011-05-16 13:43:50

Galaxy Entertainment Group Ltd, part-owned by Permira Advisers LLP, opened its HK$14.9 billion ($1.9 billion) casino resort in Macao on Sunday after an almost two-year delay because of the credit crisis.

Publications consider their digital options

2011-05-16 13:33:45

Business and financial information publisher Dow Jones & Co says it has the patience to build its audience in China but it is not expected to maintain its online Chinese content free of charge forever.

Group-buying companies find trust is not for sale

2011-05-16 13:06:46

Beijing-based Gaopeng.com, a group-buying portal set up on March 1, was going strong until a "lucky draw" saw it become mired in allegations of fraud that damaged the company's reputation and tarnished the booming industry.

PICC P&C eyes global top 5

2011-05-16 11:06:12

China's largest general, non-life insurer, PICC Property and Casualty Limited (PICC P&C), is striving to become one of the top five global insurers by premium volume in the next five to ten years, according to a top official of the company.

PetroChina to take joint control of Ineos' assets

2011-05-14 15:59:11

The European Union (EU)'s antitrust regulator on Friday approved PetroChina's bid to take joint control over certain assets currently wholly-owned by Ineos of Switzerland.

Chinese firm wins Cameroon hydropower bidding

2011-05-14 13:47:19

China Three Gorges Corp (CTGPC) in central China's Hubei province announced Friday that one of its subsidiaries had won a contract to build a hydropower project in Cameroon.

Wal-Mart to invest in China's e-commerce store

2011-05-14 13:43:51

US retailer giant Wal-Mart said on Friday that it has signed a deal to buy a minority stake in China's emerging online store Yihaodian.

China Unionpay, Ping An sign strategic co-op agreement

2011-05-14 11:21:41

China Unionpay, a national bank card association, and Ping An Insurance (Group) Co signed a strategic cooperation agreement on Friday to increase their influence in each other's industries.

Emerging markets leading global M&A table

2011-05-14 09:51:58

An increasing number of companies from emerging markets, led by China and India, have taken control of businesses in developed economies since 2002.

China's Little Sheep devoured by Yum!

2011-05-14 09:17:09

Yum! Brands Inc is set to acquire the Hong Kong-listed Mongolian hot pot brand Little Sheep Group Ltd at a 30 percent premium price of HK$6.5 (84 cents) a share.

CGNPG uranium subsidiary develops new mines

2011-05-14 09:04:58

The uranium subsidiary of China Guangdong Nuclear Power Group (CGNPG) said it is developing two large mines in China's Guangdong province and the Xinjiang Uygur autonomous region.