Baotou Steel Rare-Earth halts production to stabilize prices

2012-10-24 14:29:32

China's largest rare earths producer has halted some of its production in an effort to steady prices amid weak market demand.

China Vanke profits jump 42% in Jan-Sept

2012-10-24 14:16:59

China Vanke said at its profits surged 41.7 percent year-on-year to 5.08 billion yuan ($806.35 million) during the first three quarters of 2012.

360buy vs. Amazon duel for e-commerce

2012-10-24 13:55:28

Shopping online has gotten more popular in recent years and soon expected to dominate the global retail sales market.

Air China scraps planned share sale

2012-10-24 10:48:50

Air China Ltd, the nation's biggest carrier by market value, scrapped plans for a private share sale, citing uncertainty about the proposal.

Tata Consultancy to expand 'significantly'

2012-10-24 10:42:45

Tata Consultancy Services Ltd, India's largest software services exporter, will hire more workers in China as growth in Asia outpaces that of the Americas, the company's biggest markets by sales.

New plant could boost Volkswagen production in China

2012-10-24 10:33:48

Volkswagen AG, Europe's largest automaker, is seeking to build a 10 billion yuan ($1.6 billion) factory in China that could boost its production capacity by more than 10 percent.

Honghua to invest up to $16m in shale gas exploration

2012-10-24 10:02:39

Honghua Group Ltd, China's largest exporter of oil-drilling equipment, plans to invest up to 100 million yuan ($16 million) by the end of the year in a project to explore for shale gas.

Microsoft launches Windows 8

2012-10-24 09:39:11

The US-based software giant Microsoft Corp on Tuesday released Windows 8, its latest operating system, in Shanghai in a bid to give it the upper hand in competition with Apple Inc and warm up the world's largest PC and smartphone market.

Tencent's online video business to be profitable in two years

2012-10-24 09:35:03

Tencent Holdings Ltd, China's biggest Internet company by sales, expects its online video business to begin making profits in a year or two, a company official said on Tuesday.

HNA Group buys 48% stake in French airline

2012-10-24 09:16:30

HNA Group completed its acquisition of a 48 percent stake in Aigle Azur, a Paris-based private airline, as HNA expands its international flight network.

ICBC extends 90b yuan in loans to cultural industry

2012-10-23 16:43:58

The Industrial and Commercial Bank of China has increased financial support for the cultural industry, latest data indicated.

Gome Jan-Sept loss may hit $96m to $112m

2012-10-23 16:32:00

GOME Electrical Appliances Holding Limited warned on Monday it expected to post a net loss of between 600 million yuan ($96 million) and 700 million yuan for the first nine months of 2012.