After a wait of nearly two years, Chinese billionaire Huang Nubo is looking forward to a breakthrough in April on his multimillion-dollar deal to buy land in Iceland, while admitting that he might pull out by May if no progress is made.
Air China Ltd posted a 4.95 billion yuan ($788.80 million) net profit in 2012, down 33.82 percent year-on-year, the airline said on Tuesday.
As the demand for industrial mineral borates continues to grow in Asia, Rio Tinto Minerals opened a technology center in Suzhou, Jiangsu province, on Tuesday.
China's ZTE Corp is counting on a new generation of tech-savvy smartphone users to drive at least $7.5 billion of 4G network projects and elevate its sagging fortunes.
PPStream Inc, a Shanghai-based online television video operator, has denied media reports that it was acquired by rival iqiyi.com Inc.
China Petroleum and Chemical Corp will pay $1.5 billion for overseas oil and gas-producing assets held by its parent in a long-awaited move to reshape its business.
Dongfeng Motor Corp said in its 2012 financial report filed with the Shanghai Stock Exchange on Tuesday that its net profit slumped 94.82 percent year-on-year to 21.73 million yuan.
Energy producers and consumers and oil companies should work together since energy security is no longer an independent issue for any nation or region.
The People's Insurance Co (Group) of China Ltd posted a 31.8 percent annual increase in its 2012 net profits to 6.83 billion yuan ($1.08 billion).
China's sovereign wealth fund China Investment Corp said on Monday that it has signed a memorandum with Russia to boost cooperation in infrastructure projects to develop Siberia.
Suntech is in trouble, and other solar companies in China including Yingli Solar, Trina Solar, and Canadian Solar are also posting net losses.
There's now a scandal brewing over Apple's warranty and repair policy, and concern that Chinese consumers are being given a rough ride.