Alibaba pockets $3b on "Singles' Day"
2012-11-12 14:47:17
China's e-commerce giant Alibaba pocketed 19.1 billion yuan ($3.04 billion) during its "Singles' Day" shopping promotion on November 11, it announced on Monday.
Moutai launches new marketing channel
2012-11-12 14:05:27
Kweichow Moutai Group, China's leading high-end liquor maker, has started promoting sales via prepaid cards.
COSCO, China Cargo sell stakes in Shanghai Eastern Logistics
2012-11-12 13:52:10
China Ocean Shipping (Group) Co and China Cargo Airlines Ltd plan to sell a combined 30.7 percent of stock rights in Shanghai Eastern Logistics Co Ltd.
UK probes HSBC Jersey accounts
2012-11-12 11:14:56
UK authorities are investigating a list of more than 4,000 British residents who have bank accounts with HSBC Holdings Plc, the country's largest lender.
Tycoon Peter Woo invests in SHK
2012-11-12 11:10:12
Hong Kong billionaire Peter Woo has a 1.84 percent stake worth HK$5.4 billion in rival developer Sun Hung Kai Properties Ltd.
Chow Tai Fook plunges 5.6% on profit warning
2012-11-12 10:45:35
Chow Tai Fook Jewellery Group Ltd shares on the Hong Kong stock market slumped nearly 5.6 percent on Friday after it issued its first profit warning.
China Unicom hopes to sell iPhone 5 by year-end
2012-11-12 10:42:13
China Unicom expects to begin selling Apple Inc's latest iPhones this year and has set an ambitious target of having 100 million 3G users by end-2012.
New household appliances give homeowners a better lifestyle
2012-11-12 10:38:06
Catherine Yang insisted on installing a food waste disposal unit in her kitchen when carrying out home improvements in her new apartment in Shanghai.
China October M&As hit year low
2012-11-11 13:55:55
The number of mergers and acquisitions by China's enterprises slumped to a fresh low in October amid slowing economic growth.
ICBC gets nod to buy 80% of Standard Bank Argentina
2012-11-11 10:23:40
ICBC said it has gained approval from the Central Bank of Argentina to take over 80 percent-stake in the Standard Bank Argentina.
Huawei launches data center in Cote d'Ivoire
2012-11-10 17:25:04
The Chinese telecommunication company Huawei has launched a data center in Cote d'Ivoire's southern town of Grand-Bassam.
Haier eyes high-end market after takeover
2012-11-10 14:04:14
Chinese home appliance giant Haier will execute a complete takeover of New Zealand's Fisher & Paykel and expand its presence in high-end market.