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Renren seeks to double Facebook's valuation

2011-05-03 17:08:19

Renren Inc (Renren), China's biggest social- networking website by page views, aims to raise as much as $743.4 million in a US initial public offering on Tuesday, Bloomberg reported.

67 airlines raise fuel surcharge

2011-05-03 15:47:28

Sixty-seven domestic and foreign aviation companies have raised fuel surcharges in recent months, International Finance News reported Tuesday.

SM Prime to build its largest mall in China

2011-05-03 14:19:56

The Philippines' largest mall operator plans to build its fifth mall in China, which the company said will be SM Prime Holdings Inc's biggest shopping mall to date.

Sinopec, CNPC urge changes to consumption tax

2011-05-03 10:36:25

Two of China's largest companies have apparently asked the government to temporarily lower or withdraw its levy on fuel oil consumption.

More Web firms turn to private share funding

2011-05-03 10:35:24

More Internet companies in China are turning to private share placements for funding that they could previously raise only from initial public offerings in overseas stock markets, Bao Fan, chief executive officer of China Renaissance Partners, said.

Baosteel to launch new project in S China

2011-05-03 10:02:14

Baoshan Iron & Steel Co Ltd (Baosteel), a market leader in carbon steel plates, is heading southward. The Shanghai-based steelmaker will launch a strategic project in Zhanjiang, Guangdong province, this year.

Unilever to expand production in China

2011-05-03 09:55:48

Unilever Plc will build one of its largest production bases in the Chinese municipality of Tianjin, the company announced on Friday.

Huawei, ZTE trade lawsuits

2011-05-03 09:50:12

Right before Labor Day, when people are supposed to take a break, two of China's major telecom equipment makers were busy with lawsuits.

Tata Steel plans more investment in China

2011-05-03 09:40:11

Tata Steel Limited - the world's 10th-largest steel company by production and a subsidiary of Tata Steel Group - will increase investment in China by 5 percent in 2012, as it seeks to maintain market share according to the company's managing director.

Amazon builds 8th logistics base in China

2011-05-02 16:55:44

Amazon.com, Inc., a US-based e-commerce operator, will establish its eighth logistics base in east China's Jiangsu province, local authorities said Monday.

China Shipbuilding Industry sees 2010 net profit up 7.28%

2011-04-30 14:17:21

China Shipbuilding Industry Co (CSIC), the country's northern shipbuilding giant, said Saturday that its net profit last year rose 7.28 percent year-on-year to 1.599 billion yuan ($246 million).

Philippines' Ayala to build housing projects in Tianjin

2011-04-30 11:08:08

Ayala Land, Inc(ALI), the Philippines' largest real estate company, has started construction on its first Chinese project in the northern city of Tianjin.