Penny stocks glitter as bigger peers lose luster

Inexperienced, retail investors favor low-priced shares as the rally continues, reports Bloomberg.

Coke gets leaner with job cuts in China

The Coca-Cola Co confirmed on Tuesday that it will cut jobs in China as part of a global layoff program, which is intended to help the beverage giant become leaner and faster in response to fierce competition with local rivals.

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Survey finds strong early signs for jobs market

A survey by global recruitment specialist Hudson has revealed rising optimism in the Chinese jobs market.

Partnership for online drug sales

Guangzhou Baiyunshan Pharmaceutical Holdings Co, a Hong Kong-and Shanghai-listed company, signed a strategic agreement with Alibaba Health Information Technology Ltd on Tuesday to support its online sales, officials at the pharmaceutical company said.

Greenland to import S. Korean seafood

Greenland Group, China's largest real estate company, is planning to launch a range of seafood products from the South Korean island province of Jeju through its huge network of retail outlets, which include boutique supermarkets, online shops and hotels.

Company report:Automatic textile dyeing equipment improves quality, cuts energy use

Shandong Companion Group Co Ltd won China's top science and technology award for its contribution to automatic and smart manufacturing in the textile dyeing industry.

Company report:Inspur server a national breakthrough

Wang Endong, a chief scientist with China's Inspur Group Ltd, compared the development of Inspur Tiansuo K1 with climbing the world's second highest mountain, Mount K2.

Firm to take over Greenland mine

General Nice Group, a Chinese private trading company, is taking over a large iron ore mine in Greenland, in what will be the first project of its kind by an Asian country in the Arctic region.

French assets attract Chinese attention

The proposed $1.3 billion takeover of Club Mediterranee SA by billionaire Guo Guangchang and investors in December marked the busiest year for takeovers of French companies by Chinese suitors to date.

Li retakes Asia's richest person crown

Li Ka-shing is set to regain his spot as Asia's richest person as flagship Cheung Kong Holdings Ltd's shares surged the most in 17 years following his announcement of a $24 billion reorganization plan.