Malaysia's PC sales hit 898,000 units with Lenovo as top vendor
2013-06-20 17:16:15
Malaysia's personal computer market recorded 898,000 units in the first quarter ended March 31, 2013, with Lenovo emerging as the top vendor.
China business sentiment remains subdued in Q2
2013-06-20 15:19:56
Chinese businesses remained worried about future development in the second quarter of 2013 amid overall optimism in Asian companies, according to the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday.
Huawei to expand corporate business in Japan
2013-06-20 15:01:07
Huawei Technologies Co Ltd said it will expand sales of IT equipment to Japan-based companies and expects revenue from its enterprise business to rise tenfold to $500 million by 2017, nikkei.com reported.
Shuanghui gets $7.9b loan for Smithfield acquisition
2013-06-20 13:41:04
Chinese pork manufacturer Shuanghui has received $7.9 billion in loans from Bank of China and Morgan Stanley for its acquisition of America’s largest pork producer Smithfield Foods.
Shanghai GM to build Cadillac plant
2013-06-19 20:41:25
Shanghai General Motors Co will build a Cadillac plant and a pan-Asia technical auto center in Shanghai, sources with the company said on Wednesday.
Tencent invests in Fab, takes on Alibaba
2013-06-20 07:23:05
US e-commerce website Fab.com said on Wednesday it had raised investment of $150 million from companies including Chinese Internet giant Tencent Holdings Ltd.
GM goes local to raise market share
2013-06-20 07:23:05
US automaker General Motors Co aims to increase its market share in China's expanding luxury vehicle segment through local production of its high-end Cadillac cars.
Wanda to launch $1b NY hotel project
2013-06-20 10:01:15
Dalian Wanda Group Corp Ltd plans to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market.
Q+A | Wang Zhenghua
2013-06-20 07:23:05
Interview with Wang Zhenghua, founder and chairman of Spring Airlines.
Taikang Life to invest in retirement homes
2013-06-19 19:27:39
Taikang Life Insurance Co Ltd plans to invest 70 billion yuan ($11.35 billion) in a retirement community chain, according to the 21 Century Business Herald.
CNPC building 1st shale gas pipeline
2013-06-19 21:11:56
China National Petroleum Corp said it has started building the country's first dedicated shale gas pipeline in southwest China's Sichuan province.
Wanda expands global footprint with UK plans
2013-06-20 02:59:36
Chinese conglomerate Dalian Wanda Group is to invest more than 1 billion pounds ($1.6 billion) to buy a British yacht maker and to build a top-end hotel in central London.