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CICC may raise $1b from stock offering in HK

[2015-02-12 07:48]

China International Capital Corp, the country's first Sino-foreign investment bank, plans to raise about $1 billion from an initial public offering in Hong Kong this year, people with knowledge of the matter said.

'Qualcomm fine' shadow looms over trade talks

[2015-02-12 07:48]

Qualcomm Inc's decision to pay a record fine of $975 million for antitrust violations in China is likely to increase trade tensions and hamper negotiations on a key trade pact in the Asia-Pacific region, experts said on Tuesday.

Everbright Bank cuts rates on deposits

[2015-02-12 07:48]

China Everbright Bank Co became the first listed lender to cut deposit rates from a maximum level allowed since November, a sign competition for savings may be easing as the central bank boosts liquidity and the economy falters.

Indian officials urge calm amid bullish GDP growth forecast

[2015-02-12 07:48]

A growth rate on par with China doesn't mean that India's economy is booming, its top statistician said.

Weak IEA outlook, US glut worries affect oil prices

[2015-02-12 07:48]

Oil prices slumped on Tuesday after the International Energy Agency issued a downbeat global market outlook and traders braced for a further increase in record US crude-oil stockpiles.

Apple becomes first firm worth over $700b

[2015-02-12 07:48]

Apple became the first company to reach a market value of $700 billion on Tuesday as shares vaulted amid upbeat news on the US tech giant's gains in the smartphone market and soon-to-arrive smartwatch.

Sheikh tells US airlines ball is in their court if they want customers to return

[2015-02-12 07:48]

Emirates Chairman Sheikh Ahmed Bin Saeed Al Maktoum has a simple message for airlines accusing his Dubai-based carrier of taking away their passengers: improve your offering and they'll come back.

Firms come together to promote family values

[2015-02-12 07:48]

Corporate giants do their bit to 'bring happiness home' during Spring Festival

Nestle scholarships help boost the coffee industry in Yunnan

[2015-02-12 07:48]

Nestle SA, the global food retailer, has awarded scholarships to 38 college students from families of coffee growers in Yunnan province, under its scheme to encourage higher levels of professional education.

Looking after the kids 'left behind'

[2015-02-12 07:48]

Haier Group, China's consumer electronics giant, is to work with the United Nations Children's Fund on a project to help the growing number of children in China whose parents are forced to work outside their home towns.

IN BRIEF (Page 18)

[2015-02-12 07:48]

Casino grows as Chinese find paradise

[2015-02-11 07:44]

Tough crackdown on Macao gambling has some gamblers making a search for new alternatives

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