ICBC completes Argentinian bank stake purchase
2012-12-05 16:52:58
The 80 percent stake in Standard Bank Argentina and its two affiliates was purchased from the Johannesburg-based Standard Bank.
Dow Chemical boosts innovation in China
2012-12-05 15:17:36
US-based Dow Chemical Co is seeking to expand its presence in emerging economies when other developed countries are still stuck on a downward track. A recently-held innovation meeting underlines the company's growing interest in Asia and China.
China Mobile to develop own cellphone
2012-12-05 14:52:46
China Mobile Ltd, the nation's biggest telecom operator by subscriber, revealed on Wednesday that it would develop self-branded mobile phones.
Enterprises' salaries 'to rise 9.3%
2012-12-05 14:50:50
Chinese enterprises expect an average salary increase of 9.3 percent next year, consulting firm Towers Watson said in a report.
7-Eleven closes shops in South China
2012-12-05 14:48:21
7-Eleven, confirmed store closures in Guangzhou, Guangdong province, saying it was part of its business adjustment in China.
Gome integrates two websites
2012-12-05 14:44:27
Gome Electrical Appliances Holding Ltd said on Monday it will combine two of the company's online shopping sites.
Falling China demand leads to Vale cuts
2012-12-05 14:38:17
Vale SA, the world's second largest mining company by market value, will cut investments by $1.2 billion in 2013, its lowest level in three years.
ING-BOB opens Shanghai branch
2012-12-05 14:20:06
ING-BOB Life Insurance Co Ltd, a joint venture between ING Group and Bank of Beijing, opened a Shanghai branch on Wednesday to develop its networks around the Yangtze River Delta.
Oerlikon to sell textile divisions
2012-12-05 11:05:26
OC Oerlikon Corp agreed to sell its natural fibers and textile-components units to China's Jinsheng Group.
Chalco to build Indonesia plant
2012-12-05 10:56:12
Aluminum Corp of China Ltd, or Chalco, is seeking to tap bauxite resources and build processing plants abroad after Indonesia curbed its exports to China.
China's developer buys prime land in Malaysia
2012-12-05 10:19:58
Chinese property developer Country Garden Holdings Co Ltd formalized a deal to buy a land in southern Malaysia's Johor state for $328.6 million.
Zhongkun pledges to fight for Iceland project
2012-12-05 09:27:54
Huang Nubo is to protest directly to the Icelandic government after ordered to reapply for permission for a major tourist project on the island.