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Shanghai Electric in talks for E.ON's Italian assets

[2014-12-04 07:13]

Shanghai Electric Power Co Ltd is in preliminary contact with top German utility E.ON over the possible purchase of its Italian assets.

CGN Power poised to raise $3.2b in HK's biggest IPO in two years

[2014-12-04 07:13]

CGN Power Co, China's largest nuclear power generator, is set to raise about $3.2 billion in Hong Kong's biggest initial public offering in two years, according to people with knowledge of the matter.

China to drive mobile computing push globally, says IDC report

[2014-12-04 07:13]

China will be at the forefront of the global push toward mobile computing, cloud services, big data/analytics, and social networking in 2015, and will account for almost half of all spending in those areas, according to predictions for the worldwide information and communications technology sector by a leading consulting firm.

Heinz to step up investment in infant products

[2014-12-04 07:13]

Global food company H J Heinz Co will step up investment and add more products to boost its presence in China's fast-growing market for infant food, a top company official said.

Transformation of economy supports merger activity

[2014-12-04 07:13]

China's mergers and acquisitions market was worth $355.8 billion in the first 11 months of the year, a 3 percent drop on 2013 but a 154 percent rise on 2008, according to a report by ChinaVenture Group.

Stock Connect set to clear obstacle in EU

[2014-12-04 07:13]

Europe's main funds regulator has introduced a "fast-track" procedure for approving mutual funds that wish to participate in a landmark Shanghai-Hong Kong equity trading scheme.

Foreign firms set for tougher tax scrutiny

[2014-12-03 07:10]

China will establish a comprehensive system to monitor foreign companies' profitability to curb cross-border tax evasion, the State Administration of Taxation said.

Dalian Wanda may trim IPO size

[2014-12-03 07:10]

Real estate developer Dalian Wanda Commercial Properties Co is likely to trim the size of its initial public offering in Hong Kong amid fresh concerns about rising debt levels and foundering sales for mainland developers.

Group in talks to buy lions gate stake

[2014-12-03 07:10]

Dalian Wanda Group Co, which controls the second-biggest United States cinema chain, is in talks to acquire a stake in film studio Lions Gate Entertainment Corp, Chairman Wang Jianlin has revealed.

Yuan bears wake from slumber

[2014-12-03 07:10]

Efforts by China's central bank to signal it will let the yuan strengthen, even as it grapples with a slowing economy, are being lost on currency strategists.

Chinese shoppers boost Black Friday sales in US

[2014-12-03 07:10]

The future of the Black Friday shopping event appears to be online, with Chinese consumers playing a larger role.

Further slowdown in GDP expansion forecast in 2015

[2014-12-03 07:10]

Economic growth in China is expected to post the slowest growth rate since 1990 of around 7.2 percent in 2015, State-owned lender Bank of China Ltd said on Tuesday.

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