China soon to issue full plan to reduce carbon intensity

2011-07-29 09:46:50

China will soon release detailed plans on ensuring that its goal for reducing carbon intensity from 2011 to 2015 is attainable, and it has started looking at technical options for cutting carbon dioxide emissions after 2020.

Haier to buy Sanyo Electric: Report

2011-07-29 09:59:23

The Japanese electronics giant Panasonic Corp plans to sell its subsidiary Sanyo Electric Co Ltd's washing machine and refrigerator operations in Asia to China's Haier Group Corp.

Sony trims its profit forecast by one-quarter

2011-07-29 09:48:26

Sony Corp cut its annual profit forecast after a slump in demand led the company to lower its estimate for television sales.

Sun Art shares increase more than 40% on first day of trading

2011-07-29 09:45:07

The share price of the hypermarket chain store operator Sun Art Retail Group Ltd rose by more than 40 percent on the company's first day of trading following its IPO.

Foreign reserves aren't main cause of inflation, SAFE says

2011-07-29 09:36:35

Increases in China's foreign exchange reserves aren't the primary cause of continued inflation, the State Administration of Foreign Exchange (SAFE) said in a statement on Thursday.

ADB warns on China slowdown

2011-07-29 09:27:35

China's growth faces downward risk in the coming months amid global economic uncertainties and fast-rising domestic inflation, the Asian Development Bank (ADB) said on Thursday.

China helps US automakers on the road to recovery

2011-07-28 14:18:24

China's booming automobile market over the past two years has not only led it to overtake the United States as the world's biggest, it has also enabled US car makers to weather stagnant domestic sales caused by the financial crisis.

Insurers will need injection of cash, S&P says

2011-07-28 11:10:10

Chinese insurers will need more than 110 billion yuan ($17 billion) of external funding to fuel their rapid development in the next three years, insurance analysts from Standard & Poor's said on Wednesday.

Earnings boost in the cards for Sands China

2011-07-28 14:49:36

Sands China Ltd, the Hong Kong-listed casino company controlled by billionaire Sheldon Adelson, doubled second-quarter earnings as gambling surged at its Macao venues.

Danieli to get boost from changes in industry structure

2011-07-28 11:54:32

Danieli & C Officine Meccaniche SpA, one of the world's leading equipment suppliers for the metals industry, said it will significantly increase its investment in China to cash in on the growth in demand coming from the government's efforts to adjust the industry's structure.

First-half profit statistics give a lift to stocks

2011-07-28 10:38:32

Stocks on the Chinese mainland rose, sending the benchmark to its biggest gain in two weeks, after data showing industrial companies' first-half profits advanced eased concerns that government measures to curb inflation will hurt earnings growth.

Fake Apple store popular in Chongqing

2011-07-28 10:28:12

A local watchdog called on Wednesday for an investigation to begin into an unauthorized Apple store found in Southwest China's Chongqing municipality.