L'Oreal's alluring number: 1 billion
2012-11-23 15:39:24
The cosmetics maker L'Oreal is not shy about its ambitions, but just how big the French company's ambitions are becomes clear when you consider the numbers it talks about.
Face cream leaves its mark on China and the world
2012-11-23 15:23:48
Olay has had a few makeovers in its 60-odd years, but the old girl still has a spring in her multibillion-dollar step.
Cheung Kong biz school to speed up global development
2012-11-23 15:11:11
China's top business school is ready to accelerate its global development in the next decade, in a bid to help promote the expansion of Chinese companies.
Scandal-hit liquor maker's shares tumble after trading suspension
2012-11-23 14:00:26
Shares in Chinese alcohol producer Jiugui Liquor Co ltd tumbled by the daily limit shortly after opening on Friday, as the company resumed trading after a four-day suspension due to an ingredients scandal.
PICC aims to raise $3.6b in HK offering
2012-11-24 09:04:37
PICC's initial public offering will provide an additional vehicle for investors to gain exposure to the growing integrated insurance business in China.
Sany lawsuit not to affect US-China ties
2012-11-23 10:07:26
Sany, China's biggest construction machinery manufacturer, is taking legal action against US president Barack Obama. A preliminary hearing is scheduled for next week.
Mainland firms going overseas via HK
2012-11-23 09:58:55
Hong Kong is serving as the platform for 60 percent mainland-listed enterprises to embark on their overseas business expansion plans.
AirAsia launches direct flight to Shanghai
2012-11-23 09:57:01
Asia's leading budget airlines AirAsia announced a new route to Shanghai from Kuala Lumpur on Thursday.
Alcohol maker apologizes for contamination
2012-11-23 09:20:27
Jiugui Liquor Co apologized to consumers and investors after quality supervisor found excessive levels of a toxic chemical in a sample of its product.
Sany to move HQ to Beijing from Changsha
2012-11-23 09:17:29
A senior executive at Sany Group Co, China's largest construction machinery company, confirmed the company is to move headquarters to Beijing.
China train maker sells locomotives to MTR
2012-11-22 17:12:00
China North Locomotive and Rolling Corp Ltd's subsidiary will sell 23 diesel locomotives to Hong Kong's MTR Corporation.
China Eastern to divest tourism assets for integration
2012-11-22 17:04:58
A tourism investment company under China Eastern Airlines Group is selling stakes in several travel agency ompanies as part of the group's efforts to restructure its tourism business and avoid internal competition, a source said.