Safeguarding train technologies

2011-07-08 11:09:52

China is filing patent applications for its high-speed railway technologies abroad under the Patent Cooperation Treaty (PCT) to pave the way for tapping overseas markets, according to a senior railway official.

Tencent takes 15.7% stake in Kingsoft

2011-07-08 10:56:42

Tencent Holdings Ltd, China's biggest Internet company, agreed to buy a 15.7 percent stake in Kingsoft Corp for HK$892 million ($115 million) to expand in computer-security services.

China Mobile puts more pressure on Unicom

2011-07-08 10:34:00

China Mobile Ltd said 5.6 million iPhone users had access to its wireless network by the end of May, putting increasing pressure on China Unicom (Hong Kong) Ltd, Apple Inc's official partner in the country.

TNT looks to make inroads

2011-07-08 10:15:55

TNT Express NV, the Netherlands-based international express delivery company, is vying for a larger share of China's road delivery market, a top executive from the company told China Daily on Thursday.

Zhu may be in line for high post at IMF

2011-07-08 11:08:53

As a scholar and an internationally recognized financial official, Zhu Min, special advisor to the managing director of the International Monetary Fund (IMF), brought the view of emerging markets to this important institution.

Asset managers seeking extra funds

2011-07-08 09:43:12

China's asset managers, who have been approved to raise $70 billion for allocation overseas, are seeking additional funds to invest in gold and precious metals as soaring inflation spurs interest in alternative assets as a way of protecting wealth.

US listed firms fight short-seller claims

2011-07-08 09:30:21

US-listed Chinese companies are taking action to fight fraud allegations made by short sellers such as Muddy Waters Research of the US.

Vehicle sales on road to recovery

2011-07-08 09:08:03

Domestic sales of vehicles grew 5.3 percent in the year to July, after stalling in April and May.

Share sales would unshackle ChinaAMC

2011-07-07 14:35:50

Any success Citic Securities Co has in disposing of its 51 percent stake in fund management company China Asset Management Co (ChinaAMC) will clear the way for the latter to make a strong comeback from its nearly two-year ban from offering new products, analysts say.

Exchanges should forgo M&A activity, say experts

2011-07-07 14:31:14

A surge in mergers and acquisitions (M&As) of global financial exchanges will not happen in Asia during the next three to five years, despite a wave of worldwide cross-border cooperation, according to officials and analysts.

Airlines to fend off fast-train threat

2011-07-07 15:44:58

Under pressure from the 300 km/h Beijing-Shanghai rail service that started on June 30, the air transport industry has announced several initiatives to improve punctuality and strengthen cooperation with high-speed rail operators.

From bloom to boom

2011-07-07 14:57:26

Lavender production creates stunning sceneries and economic opportunities in rural Xinjiang.