SAIC Motor Q3 net profit up 1.43%
2012-11-01 13:30:59
China's leading automaker SAIC Motor Co Ltd, said Wednesday its net profit increased 1.43 percent year-on-year to 5.35 billion yuan ($849 million) in the third quarter of 2012.
ZTE pitches Nubia smartphone at high-end market
2012-11-01 13:21:31
ZTE Corp, the fourth-largest mobile phone seller by shipments globally, has released a new smartphone brand called "Nubia", targeted at high-end users.
Paris proves promising for sovereign fund
2012-11-01 09:23:35
China Investment Corporation, the country's $410-billion sovereign wealth fund, is eyeing investment opportunities in the high-end property market in Paris as it seeks higher yields than those from traditional financial assets, according to French property experts.
COSCO loss widens in Q3
2012-11-01 09:16:35
China Ocean Shipping (Group) Company revealed that sluggish market demand led to it suffering the heaviest loss in the first nine months of 2012.
Infiniti to suspend exports to China
2012-10-31 14:32:05
Infiniti, the luxury Japanese automaker under the auto giant Nissan Motor Co, will suspend its exports to China until January next year.
Haier's offer 'unconditional' on NZ whiteware maker
2012-10-31 14:23:13
New Zealand has approved Chinese appliance giant Haier's proposed takeover of one of New Zealand's oldest and most reputable whiteware makers.
Oil giants report sharp decline in profits
2012-10-31 14:21:58
China National Petroleum Corporation reported one-third less profit in the third quarter from a year before, financial documents showed on Tuesday.
Cleanergy installs solar power plant
2012-10-31 11:48:13
The Swedish energy technology company Cleanergy AB is seeking opportunities to invest in the country's renewable market.
Marriott plans expansion in China
2012-10-31 10:01:56
Marriott International Inc announced on Tuesday that it expects to open on average one hotel per month in China for the next five years.
3M's China sales 'to exceed those in US in 10 years'
2012-10-31 10:01:00
The multinational conglomerate 3M Co said it will invest around $120 million in research and development in the country over the next five years.
Ferrari recalls 16 vehicles in China
2012-10-31 09:36:00
Luxury sports car manufacturer Ferrari will recall 16 vehicles in China due to defective tire pressure monitoring.
Bank of Communications net profit up 15.87%
2012-10-31 09:35:09
Net profit at the Bank of Communications rose 15.87 percent year-on-year to 44.5 billion yuan ($7.1 billion) in the first three quarters of 2012.