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Varying fortunes for rival airlines

China Eastern Airlines saw a 31.54 percent rise in net income in the first quarter of this year thanks to recovery in the global air transport market, while its domestic rival Air China reported a 23 percent fall. Profit at China Eastern, the country's second-largest carrier by ...

China, Malaysia in '$3b pact boost'

China and Malaysia signed eight cooperation contracts on Thursday as visiting Premier Wen Jiabao and his counterpart Prime Minister Najib Razak vowed to upgrade already successful commercial ties. China is Malaysia's top trading partner. The deals, reportedly worth $3 billion, ...

China's top price regulator exposes cases of fraudulent pricing

China's top price regulator urged business trading companies nationwide to examine and redress fraudulent pricing behaviors while making public several companies involved in such wrongdoing on Thursday. The companies listed were involved in such misdemeanors as creating fictional ...

China's processing industry intensifies shift to Midwest

Statistics from the General Administration of Customs have found that the number of provessing firms has risen in China's central and western provinces, mainly attracted by ample supply of inexpensive labor cost there. And, a majority of the processing enterprises there are ...

OBJE striving to create the next hot trends in women jeans

Obscene Jeans Corp is working diligently to complete its debut fashion line and capitalize on rising denim sales in 2011. The New York Times reported on April 25 that, according to an assessment by market research firm NPD Group, sales of women s apparel rose 2.8 percent over the ...

Asian PTA demand surpasses capacity levels

Polyester constitutes the main end use segment of PTA, with 61% of the total global consumption. A hike in PTA price has resulted in an increase in the price of Polyester Staple Fibre (PSF). In 2007, global consumption of PTA was 37 million tons. It is estimated to grow at 6% per ...

Sustainability - Guaranteed by Wool - theme of 80th IWTO Congress

The International Wool Textile Organisation (IWTO) is organising its 80th Congress in China s ancient city of Hangzhou on May 09-11, 2011. The IWTO Congress is an annual meeting point for the whole wool industry covering the wool demand chain, from wool growers to retailers. ...

CPC backs off from controversial Kuokuang project

Chen Bao-lang, Chairman of the Kuokuang Petrochemical Technology Co. informed legislators that, his firm is set to officially call back the application for assessment of ecological effects of its plan of constructing a naphtha cracker plant in Changhua County, which apparently ...

REACHing further through Innovation

The focus of this year s International Wool Textile Organization (IWTO) Congress in China, is Sustainability Guaranteed by Wool. Huntsman Textile Effects, with our proven track record in LANASOL CE sustainable wool dyes, will present a paper that focuses on REACH, the European ...

American Apparel secures $14.9 mn in new financing

American Apparel Inc, a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced it has raised $14.9 million in new capital, which will allow it to take advantage of improving business conditions, while at the same time meeting ...

Final call for entries for Fashion Fringe 2011

There is one week left to submit entries to Fashion Fringe 2011, the emerging talent platform set up by Colin McDowell in association with IMG Fashion. Aspiring fashion designers have the chance to submit their work until the 4th of May, which could provide them with the ...

Levis to unveil Trucker Jackets collection

Since it was first introduced in 1967, the Levi's Trucker Jacket has served as an iconic canvas for artists around the world, from the boogie-down Bronx to the favelas of Brazil. Beginning this week, the Levi's Trucker Jacket will serve as the canvas for a special collaboration ...

Dramatic growth in Fair Trade Certified Organic imports

Fair Trade USA, the leading third-party certifier of Fair Trade products in the United States, today releases its 2010 Almanac. With more than 9,500 Fair Trade Certified consumer products offered by more than 700 industry partners at more than 60,000 retail locations, this yearly ...

Apparel margins drop due to higher cotton costs; Ennis

Ennis Inc reported financial results for the quarter and the year ended February 28, 2011. Highlights Revenues for the year increased by $32.3 million over the same period last year, or 6.2%. For the quarter revenues were up $10.0 million over the previous year, or 8.2%. Gross ...

Double-digit trade growth set to continue

Bilateral trade between China and Malaysia will continue to see "double-digit" growth this year after a tremendous increase in 2010, predicted Noharuddin Nordin, chief executive officer of the Malaysia External Trade Development Corporation (MATRADE). Noharuddin said the ...

Chinese companies to boost overseas investment

Almost 90 percent of domestic companies involved in international trade plan to increase overseas investment, a survey reveals. Of the 1,024 companies surveyed, about 88 percent said they want to boost investment overseas over the next two to five years, a sharp rise from a year ...

Shanghai welcomes 1st A380 landing

Airbus A380 jumbo jet lands at Pudong International Airport yesterday. [CFP] Shanghai Pudong International Airport can now handle the world's biggest passenger aircraft, the Airbus A380, at its two terminals after renovations were completed to Terminal 1. The city welcomed the ...

Chinese airlines brace for EU limits on emission

Flying greener became a priority - and potential headache - for Chinese airlines after the country's civil aviation regulator vowed to cut emissions and the European Union decided to include international flights in a carbon cap system that will require them to pay for emissions ...

COSCO to resume port investments

China Ocean Shipping (Group) Company (COSCO), the largest container ship operator in China and the sixth-largest in the world by volume, will resume its investment in ports, said Wei Jiafu, the president and chief executive officer of the group, on Tuesday. High demand and robust ...

Ex-airline exec goes on trial for bribery

A former chief engineer of China Southern Airlines went on trial yesterday for allegedly taking more than 7 million yuan (US$1.07 million) in bribes, China News Service reported. Zhang Heping, 58, also the general manager of the engineering division at one of China's biggest ...
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Latest World News

china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
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China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
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China cuts retail oil prices
China cuts retail oil prices
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IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
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finance

company

Shell companies struggle to stay listed
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HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
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Retailer's Net Profit Falls 3%
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industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
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Stars 'Big Three' fall short of title in 1st year
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Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
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Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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