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Rio Tinto seeks joint ventures with Chinalco |
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Wednesday, 27 August 2008 |
Rio Tinto is keen to use its growing relationship with shareholder Chinalco, the Chinese state-owned aluminium producer, to pursue joint ventures around the world and even increase its presence in China, the mining group said
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Rio seeks joint ventures with Chinalco |
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Wednesday, 27 August 2008 |
Rio Tinto is keen to use its growing relationship with shareholder Chinalco, the Chinese state-owned aluminium producer, to pursue joint ventures around the world and even increase its presence in China, the mining group said
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Real Estate Is Opened to Insurers |
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Wednesday, 27 August 2008 |
Chinese regulators will give the nation's insurers greater leeway to invest in real estate, a move that could help these big investors diversify their holdings and could open a new source of capital for the weakened domestic property market.
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Subaru Maker's Stock Rides High |
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Wednesday, 27 August 2008 |
A triple whammy of a stronger yen, soaring raw-material costs and a sharp downturn in the U.S. economy has hurt the Japanese auto industry this year, pushing many car makers to trim sales forecasts and profit outlooks. But Fuji Heavy Industries is proving to be the exception.
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Wednesday, 27 August 2008 |
CHINESE fast food chain Zkungfu has opened its first outlet at Shanghai Pudong International Airport. Zkungfu is the second Chinese fast food chain to open at the airport after East Drawn, operated by Yum! Branch Inc....
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Wednesday, 27 August 2008 |
SALES of 193 "sample enterprises" in Beijing averaged 190 million yuan (US$27.94 million) a day during the Olympics, up 17 percent from the same period last year, said Beijing Municipal Bureau of Commerce yesterday....
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Wednesday, 27 August 2008 |
CHINA UnionPay (CUP), a bankcard association headquartered in Shanghai, has issued more than 150,000 UnionPay credit cards in the Republic of Korea since February. The credit cards "Zhong Guo Tong", which literally...
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Wednesday, 27 August 2008 |
HSBC Bank (China) Co has obtained approval from the China Banking Regulatory Commission to set up a branch in Jinan as the first foreign bank to enter the capital city of eastern Shandong Province. Preparations for...
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Wednesday, 27 August 2008 |
CHINA Minsheng Banking Corp Ltd yesterday announced its first-half net profits up by 114.29 percent over the same period last year on strong commission charges and fee income. The lender said in its interim report...
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Chinese stocks become attractive |
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Wednesday, 27 August 2008 |
CREDIT Suisse Group raised its recommendation on Chinese stocks to "overweight" after recent declines and on speculation the nation will introduce a fiscal stimulus package to boost growth.
Credit Suisse previously...
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Retail sales show record 20% growth |
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Wednesday, 27 August 2008 |
THE increase in China's retail sales volume exceeded 20 percent year on year in the last eight months and is still accelerating enough to sustain economic growth above 9.5 percent for the rest of the year, a HSBC...
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'Asymmetric' mobile norms to give level playing field |
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Wednesday, 27 August 2008 |
CHINA may introduce "asymmetric regulations" for the telecommunications industry to protect the interests of smaller companies like China Unicom and China Telecom after the recent industry reorganization, top telecommunications...
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Industry News 