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China's bonds are the worst BRIC performers

Fixed income may remain a poor investment, says top fund manager China's bonds are the worst performers among the so-called BRIC nations (Brazil, Russia, India and China) this month and may remain a poor investment as interest rates increase, according to the manager of the ...

Suning continues expansion in traditional, online commerce

Suning Appliance Co Ltd, China's biggest home appliance retailer by market value, achieved a net profit of 4 billion yuan ($609 million) in 2010 and will step up its expansion in both traditional and online commerce. According to its filing statement to the Shenzhen Stock ...

At the top of the class

Xueda Education Group, a provider of personalized after-school tutoring for elementary and high school students in China, expects to expand its service network and product and service offerings through mergers and acquisitions, says Xin Jin, the company's vice-chairman and CEO. ...

Dell to build Xiamen service HQ

Dell Inc, the world's third-largest personal computer maker by market share, will set up a regional headquarters for its services business in the city of Xiamen, as part of its efforts to seek more growth from the services market in China. Over the past few years, major hardware ...

Unicom unveils its Wophone

Telecoms carrier premieres domestically developed smartphone operating system China United Network Communications Group Co, the parent of China Unicom, launched the first domestically developed smart terminal operating system (OS) on Monday. Officials said Motorola Mobile ...

Henkel to drive sales from emerging economies

German detergent and glue maker Henkel plans to draw 45 percent of its global revenue from the emerging economies by 2012, up from the current 41 percent in 2010. In fact, the Asia-Pacific region contributed 14 percent to the global sales in 2010, and almost 40 percent of the ...

Commerzbank ups cross-border focus in Asia

Commerzbank, Germany's second-largest lender, announced on Monday ambitious plans with a cross-border focus for corporate customer business with China and Asia. It expected its corporate banking business volume in the world's second-largest economy to increase by 20 percent this ...

Proven reserve figure raised

The proven reserve of China's second-largest oil field, Shengli Oilfield, in eastern Shandong province, has risen by 515 million tons in the past five years, the company said in a statement Monday. The company attributed the discovery of 200 million tons of oil to the use of new ...

Bonded area gets green light

The State Council, China's cabinet, has approved construction of a bonded area in Xi'an, Shaanxi province, officials at the General Administration of Custom said on Monday. The area will cover an area of 6.17 square kilometers. Construction of the zone has started with a ...

Shanghai GM recalls cars

Shanghai General Motors Co began recalling 232,931 cars in China on Monday to fix faulty fuel lines. The recall covered 133,074 2-liter and 2.4-liter Regal sedans produced from Sept 18, 2008, to Oct 14, and 99,857 2.4-liter LaCrosse cars made from April 20, 2009, to Oct 14, ...

Work begins on Harbin plant

Construction started on a new factory for Airbus in Harbin, Heilongjiang province. The facility will manufacture components for A350 XWB and A320. The joint venture will be called Harbin Hafei Airbus Composite Manufacturing Centre Company Limited and the plant will cover 30,000 ...

Groupon begins Chinese operations

The daily-deals website Groupon went live in China on Monday, bringing its popular brand of Internet retailing to the world's most populous nation. Its portal, GaoPeng.com, is funded by Groupon, the Tencent Collaboration Fund and Yunfeng Capital, and will begin accepting e-mail ...

Hutchison seeks $5.83 billion

Hutchison Whampoa Ltd, controlled by Hong Kong billionaire Li Ka-shing, is seeking $5.83 billion from the sale of Chinese port assets in what may be Singapore's largest IPO. The world's largest operator of container terminals is offering about 5.4 billion units in a trust at a ...

China issued green standards for rare earths

Environmental standards governing the production of rare earths, specifically concerning pollutants, were issued on Monday to ensure the sector's sustainable development. The standards, which come into force on Oct 1, set strict emission limits possibly affecting at least 60 ...

World's first 660 KV transmission system sends power across China

The world's first 660-kilovolt direct current power transmission system began to supply energy from northwest China's Ningxia Hui Autonomous Region to the eastern Shandong Province Monday. The 10.4-billion-yuan (1.58 billion U.S. dollars) project is a part of China's west-east ...

Retail banks in emerging markets see growing consumer trust in 2010: Ernst & Young

Retail banks in emerging markets saw increasing consumer confidence in 2010, according to a new report from Ernst & Young, one of the world Big Four auditors. The new report, titled A New Era of Customer Expectation, comes after Ernst & Young conducted a global survey of more ...

Sony Ericsson banks on Android

Sony Ericsson Corp has fought back from a period of unprofitability and is now looking to forge a unique position among Android phone manufacturers by capitalizing on the entertainment technologies of its parent Sony Corp, said the joint venture's president for China operations. ...

Dell to build Xiamen service HQ

Dell Inc, the world's third-largest personal computer maker by market share, will set up a regional headquarters for its services business in the city of Xiamen, as part of its efforts to seek more growth from the services market in China. Over the past few years, major hardware ...

Unicom unveils its Wophone

China United Network Communications Group Co, the parent of China Unicom, launched the first domestically developed smart terminal operating system (OS) on Monday. Officials said Motorola Mobile Holdings, HTC Corp, Samsung Electronics Co, Sony Ericsson Mobile Communications and ...

Google tries to resolve email service problem

Google said on Monday that it is continuing to investigate a problem with its Gmail service, which reportedly caused some users' emails being all erased. The issue popped up over the weekend as users reported on online forums that they had lost emails and other information within ...
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china

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

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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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finance

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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
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trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
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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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