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China Honda ventures recall 255,766 autos

Dongfeng Honda Automobile Co. and Guangqi Honda Automobile Co. will recall 255,766 vehicles to repair problems with power window switches, the country's quality watchdog said Monday. The recall involved 145,542 Fit compacts, 81,547 City sedans and 28,677 CR-V multi-purpose ...

Chery begins Venezuela assembly

When production began at Chery Automobile's new Venezuela factory on Aug 29, it marked latest in a series of recent overseas moves by China's biggest car exporter. Assembly of its A1 and A3 models in the state of Aragua will make Anhui-based Chery the first Chinese automaker to ...

Apple lawsuit forces Samsung to take sample off show

South Korea's Samsung Electronics confirmed Monday its new Galaxy Tab 7.7 had been taken off the showcase shortly after its striking launch at the ongoing IFA 2011 consumer electronics show in Berlin. Samsung Electronics erased all traces of the Galaxy Tab 7.7 from its exhibition ...

Lenovo looks to the north

The Chinese computer maker Lenovo Group said it plans to become the No 1 PC vendor in Russia in the next three years, as part of its efforts to expand in emerging markets overseas. Bai Yuli, general director of Lenovo in Russia, said that the company aims to take the prime ...

Fisker Automotive signs supplier deal with BMW

Fisker Automotive, a Southern California electric car maker, announced on Thursday that it has signed a pact with BMW regarding the supply of engines and other related components for future models in a major tieup. The Anaheim, Orange County-based U.S. car maker will get a four...

Investment fuels China's electronics & IT industry growth

Investment continued to pour into China's electronics and information technology (IT) sector during the January-July period, despite slower growth, according to the Ministry of Industry and Information Technology (MIIT). Investment in the sector totaled more than 480.7 billion ...

Truck maker Beiqi Foton driving into US, Europe

Beiqi Foton Motor Co Ltd has launched a heavy-duty truck for the US and European markets, the first Chinese model built for high-end overseas markets. The Auman GTL was designed and produced for markets with stringent environmental requirements, such as the United States and ...

BMW recalls 241,000 sedans in U.S.

BMW AG said on Thursday it will recall 241,000 sedans in the United States to fix a rear-light defect it says may cause crashes. The models include the 325I, 325XI, 330I, and 330XI built between 2002 and 2005. The National Highway Traffic Safety Administration said on its website ...

CEVA Logistics to double market share in China

CEVA Logistics, the world's fourth-largest third-party logistics company by revenue, is aiming to double its market share in China in the next three years, after a joint venture with a Chinese vehicle manufacturer established it as a leader in the automotive supply chain. John ...

Harman targets Chinese market

The premium audio and infotainment group Harman International Industries Inc expects annual sales in China to surge to $1 billion by 2015 as it pours heavy investment into local production and technology research and development (R&D). "Our sales goal is to achieve $1 billion a ...

Lucky 13 get PBOC licenses

China's central bank yesterday approved the second group of 13 non-financial institutions, including ChinaPay and Union Mobile Pay, to operate third-party payment services. Most of the 13 institutions are located in less developed inland regions or provinces such as Inner ...

Baosteel H1 net slumps 37%

Baoshan Iron and Steel Co yesterday reported a worse-than-expected 37 percent drop in first-half net earnings on slowing demand and rising costs, and predicted a gloomy outlook for the second half of this year. China's largest listed steel maker earned 5.08 billion yuan (US$796 ...

Renewable power consumption goal by '15

China's commercialized renewable energy consumption will provide for more than 9.5 percent of the total consumption during the period of 12th Five-year Plan (2010-15) period, China Securities News reported Tuesday citing authorities. Hydropower The country will accelerate the ...

Volkswagen labeled as most powerful automaker: study

Europe's leading carmaker Volkswagen (VW) was crowned Tuesday as "the best performer for 2010" in automobile industry for the first time, according to a German auto institute study. Germany's Center of Automotive Management (CAM) said the Volkswagen Group is labeled as the world...

China Citic Bank net profits up 41% in H1

China Citic Bank said on Monday its first-half net profits climbed 40.61 percent year-on-year to 15.02 billion yuan (2.35 billion U.S. dollars). Net interest income rose 33.28 percent to 29.81 billion yuan in the first six months of the year, the lender said in its semi-annual ...

Renewable power consumption goal by '15

China's commercialized renewable energy consumption will provide for more than 9.5 percent of the total consumption during the period of 12th Five-year Plan (2010-15) period, China Securities News reported Tuesday citing authorities. Hydropower The country will accelerate the ...

Biogas fuels rural China's new energy drive

DAPING, Gansu province - In Gansu, one of China's poorest provinces, the residents of Daping Village all have two things in their backyards: biogas digesters and solar cookers. In this barren and remote northwestern town, no energy sources could be more efficient or economical in ...

China steelmakers' profits slump on rising iron ore prices

China's steelmakers saw their profits dented by surging iron ore prices in the first half of the year, according to preliminary statistics. Twenty-seven listed Chinese steel producers released their H1 results as of Monday night. Their combined net profits slumped 15.7 percent ...

Sina's Tudou stake will help Weibo.com

Sina Corp, operator of China's most popular microblogging site, said it has bought 9.05 percent in China's second largest video site Tudou as it seeks to improve the attractiveness of its Weibo.com site to lure more users. Sina paid US$66.4 million for the stake in Tudou, ...

Intel forms new unit to do business with U.S. government

Intel Corp. on Tuesday announced that it has formed a new business unit to better address new opportunities in working with the U.S. government. The new Intel Federal LLC is a wholly-owned subsidiary of the world's largest computer chip maker and will have offices in Oregon, ...
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china

Bill Gates talks nuclear
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
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world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
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China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
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Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
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Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
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Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
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sports

Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
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