SAP says hiring actively in China, India

2011-08-04 14:25:25

Germany's SAP AG plans to increase its workforce by about 7 percent in China and India, hiring as many as 600 people in coming quarters as it targets expansion in fast-growing Asia.

Hot money warms summer stamp sales

2011-08-04 13:15:28

Thanks to hot money, China's postage stamp market won't take a summer vacation this year. Most stamp prices kept rising in July and August, usually the slow season for stamp sellers.

Edible oil prices set to increase

2011-08-04 09:45:30

Price hikes for bottled edible oil are inevitable and an increase of about 5 percent could be accepted by the market, CNGOIC said.

HSBC to enter China gold future market

2011-08-04 09:51:01

China giving HSBC Holdings Plc entry to its gold futures market, a first for a foreign bank, is likely a harbinger of a further opening to local and overseas institutions to trade the precious metal.

SAIC restructuring plan approved

2011-08-04 10:02:07

SAIC Motor Group, China's largest automaker by sales volume and revenue, announced that its asset-restructuring plan has received the green light from Chinese authorities.

Concerns for US financial outlook

2011-08-04 10:09:25

Chinese officials and economists expressed concern about further uncertainty in the US economy despite the debt ceiling being lifted. Dagong Global Credit Rating downgraded US sovereign credit from A+ to A.

Shale gas, emission cuts urged to reduce China's oil imports

2011-08-04 09:28:13

China should accelerate the pace of its exploration of unconventional natural gas and introduce more stringent policies to cut emissions to cope with its heavier dependence on crude oil and natural gas imports.

Xinjiang to boost local businesses

2011-08-03 13:30:41

The Xinjiang Uygur autonomous region will provide policy support for strong and fast-growing enterprises in a program to boost the region's economic development and border trade.

More Chinese feel need to get insured, survey finds

2011-08-03 11:49:48

Around 72 percent of Chinese plan to buy insurance in the next 12 months because of growing risk awareness and a rising need to supplement basic social security protection.

Sowing the seeds of doubt

2011-08-03 11:10:45

The presence in China of multinationals such as Monsanto and Pioneer is sparking controversy. Zhou Siyu reports from Jinzhong, Shanxi province.

Uranium imports in marked decline

2011-08-03 10:08:32

Imports of uranium slowed during the first half of this year, amid industry uncertainty caused by Japan's Fukushima nuclear crisis. China imported 5,356 tons of uranium in the first half.

China's Dagong downgrades US credit rating

2011-08-03 09:22:29

Chinese rating agency Dagong Global Credit Rating said it has cut the credit rating of the United States from A+ to A after the US federal government announced to increased the debt limit.