Infiniti profitable in 3-4 years, Nissan predicts

2013-02-20 13:53:55

Nissan Motor Co expects its luxury Infiniti business to become profitable in three to four years as it begins production in China and introduces entry-level vehicles.

Finland's Metso buys Quzhou machinery foundry

2013-02-20 13:53:27

Finnish engineering giant Metso Oyj has strengthened its presence in China with the acquisition of the manganese steel foundry owned by Quzhou Juxin Machinery Co Ltd in Zhejiang province.

Argentina to renovate railways with Chinese trains

2013-02-20 13:38:14

Argentina will receive Chinese-built trains next year as part of a push to modernize its aging metropolitan railway network.

Sichuan mining firm flies off with 75% aviation stake

2013-02-20 10:01:43

Leshan Heima Mining Co, a privately owned mining company in Sichuan province, has spent 15 million euros on a 75 percent stake in Lisa Airplanes, a French aircraft builder.

Website imparts zodiac wisdom

2013-02-20 09:55:45

Are you currently at an age that is a multiple of the number 12? If so, congratulations - you might be a gifted risk-taker and you probably don't even know it.

Chinese firms bid for struggling automaker in US

2013-02-20 09:33:45

Struggling US automaker Fisker Automotive, which makes electric vehicles, is weighing bids for a majority stake in the company from two Chinese firms.

Keppel Land, Alpha Investment buy mall in Shanghai

2013-02-19 17:56:17

Keppel Land China has joined hands with Alpha Investment Partners Ltd to acquire a retail mall in Shanghai.

Sinopec says no timetable for parent's assets purchase

2013-02-19 17:36:29

Sinopec Corp said Tuesday it does not have a definitive timetable for possible acquisitions of its parent company Sinopec Group's overseas assets.

7-Eleven to expand to Southwest China

2013-02-19 15:59:22

The world's largest convenience store company, 7-Eleven, plans to expand in China's southwestern market.

Chinese investor rebuts rumors over Georgian project

2013-02-19 13:17:24

A Chinese private investor said it complies fully with local regulations in constructing a project in Tbilisi, Georgia.

Hong Kong Disneyland reports first profit

2013-02-19 11:03:41

Hong Kong Disneyland announced Monday that it earned a profit of $14.06 million in the fiscal year ending Sept 29, 2012.

Geely leading China bids for US' Fisker

2013-02-19 10:51:55

China's Zhejiang Geely Holding Group is favoured to secure a majority stake in US electric car maker Fisker Automotive, Reuters reported.