CNOOC adds to its fleet of floating oil production units

2014-08-11 14:54:26

China National Offshore Oil Corp, the country's largest offshore oil explorer, announced on Friday it has completed the construction of its 17th floating production, storage and offloading unit valued at 2.7 billion yuan ($440 million).

Coal companies stoke up prices

2014-08-11 14:45:16

The coal sector is taking steps to escape the triple trap of falling prices, weak demand and continued losses.

BMW to reduce prices amid antitrust probe

2014-08-10 06:15:58

BMW will cut prices on more than 2,000 components by an average of 20 percent starting next Monday, the Germany-based automaker said.

Chinese company starts works on European Corridor through Serbia

2014-08-10 06:15:58

Chinese company Shandong High-speed started works at the European Corridor E763 through Serbia near the town of Ub on Friday, with the presence of Chinese ambassador Li Manchang.

Hard landing unlikely for China's property market

2014-08-09 14:35:50

China's property market, which has experienced disparate fortunes across the country over recent months, is unlikely to see a hard landing.

Wanda answers LA with $1.2b plan

2014-08-09 07:40:13

China's largest commercial property developer said the mixed-use development, having a 110,000 sq m construction area in a premier site, will be a high-end landmark in Los Angeles.

Sony, Xiaomi channel the young back to TV

2014-08-08 07:00:25

As watching TV dramas and playing games on mobile devices have become popular among young consumers, traditional TV producers are eager to pull them back to the living room by working with Internet service providers.

Sohu takes a 6 percent stake in Keyeast

2014-08-08 07:00:25

Chinese Internet company Sohu.com Inc announced on Thursday that it will invest $15 million in South Korean artist management agency Keyeast Co Ltd to become its second-largest shareholder.

China Southern's new NYC flight 'a gift'

2014-08-07 11:01:19

China Southern Airlines' new non-stop service between New York and Guangzhou is a lot more than just a top-flight connection between two of the world's great cities.

NYC spurs small business

2014-08-07 06:04:28

One out of three people in New York City are immigrants and they generate $215 billion in the local economy every year, but more can be done to help small businesses thrive in the city, government officials said.

Slack property market takes toll on services

2014-08-06 07:18:16

China's weakening property market took its toll on the nation's service sector, as a private gauge of service activity sank to a nine-year low.

City dwellers live a modern rural dream in Guizhou

2014-08-06 07:18:16

Chashan village approach to development belies region's backward image, reports Lan Lan in Xiuwen, Guizhou