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- ICBC Q1 Profit Surges; Takes Further Subprime Hit
- By Kennix Chim HONG KONG (Reuters) - Industrial and Commercial Bank of China , the world's biggest bank by market value, posted a 77 percent jump in first-quarter profit on Tuesday and booked a further $58 million worth of provisions for...
- News items 2008-04-29
- China Forms Company to Make Regional, Jumbo Jets
- By Kirby Chien BEIJING (Reuters) - China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing (BA) and Airbus (EAD) for jumbo jets, official media said on Sunday. Commercial Aircraft Corp of...
- News items 2008-05-11
- China Forms Company to Make Regional and Jumbo Jets
- By Kirby Chien BEIJING (Reuters UK) - China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing (BA) and Airbus (EAD) for jumbo jets, official media said on Sunday. Commercial Aircraft Corp of China is...
- News items 2008-05-11
- China Exporters Face Harsh 2008: Report
- Chinese exporters of labour-intensive products will be hit hard this year by weakening overseas demand, rising raw material prices and a stronger yuan, the Ministry of Commerce said in a report.Further reductions in export tax rebates should therefore be avoided for the light industry and textile sectors, the official...
- News items 2008-05-01
- Alibaba Erases Gains, Hit By Growth Concerns
- HONG KONG (Reuters) - Shares in China's top e-commerce firm, Alibaba.com Ltd , erased early gains to fall 2 percent on Wednesday as concern over its premium customer growth and the impact of a slowing global economy offset enthusiasm over its...
- News items 2008-05-06
Additional Resources
- China Fire & Security Group, Inc. to Present at Two Upcoming New York City Investor Conferences
- BEIJING, May 6 /Xinhua-PRNewswire-FirstCall/ -- China Fire & Security Group, Inc. ("China Fire" or "the Company"), a leading industrial fire protection products and solutions provider in China, announced today that the Company is scheduled to present at two upcoming investor conferences as follows: Representing the Company, Mr....
- Articles 2008-05-06
- SiliconSystems Expands Asia-Pacific Presence With New Office in the People's Republic of China
- Industry Veteran Yu Yuan Tang to Head Shanghai-based Operations ALISO VIEJO, Calif., May 6 /PRNewswire/ -- SiliconSystems, Inc., a world leader in advanced storage technology, today announced that it has expanded its Asia-Pacific operations by establishing an office in Shanghai, the company's first in the People's Republic...
- Articles 2008-05-06
- China's markets brace for massive share inflow: report
- SHANGHAI (AFP) — Chinese stock markets are bracing for fresh pressure in May when a massive number of new shares will become freely tradable after being locked up under local regulations, state media said on Tuesday. A total of 284.1 billion yuan (40.6 billion dollars) worth of shares...
- Articles 2008-05-05
- Wonder Auto Technology to Announce 2008 First Quarter Financial Results on May 14
- JINZHOU CITY, Liaoning, China, May 5 /Xinhua-PRNewswire-FirstCall/ -- Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company"), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the 2008 first quarter ended March 31, 2008, before the market opens...
- Articles 2008-05-05
- Pioneer® Surgical Technology Announces First Human Implants of its NuNec™ Cervical Arthroplasty Device
- Signature P3(TM) Technology Raising the Bar in Motion Preservation MARQUETTE, Mich., May 2 /PRNewswire/ -- Pioneer Surgical Technology, Inc., a leader in innovative medical devices, announced today the successful human implantation of its next generation cervical total disc replacement (TDR), NuNec Cervical Arthroplasty Device. The surgeries were...
- Articles 2008-05-02
- U.'s James Tsai yuan Wu dies
- Longtime University of Utah professor and medical director of ARUP Laboratories James Tsai Yuan Wu died suddenly and unexpectedly in Taiwan on March 20 while on a consultation visit at the Chang Gung Memorial Hospital. Memorial and funeral services were subsequently held in Taiwan. He was preceded...
- Articles 2008-05-01
- Beijing introduces anti-smoking rules for Olympics
- BEIJING (AFP) — Beijing introduced sweeping new rules against smoking in public places Thursday in an effort to create a "smoke-free Olympics," state press said. The new rules mean hotels and restaurants will for the first time have to offer smoke-free facilities in the Chinese capital, where dining...
- Articles 2008-05-01
- yuan's rise hits China-based exporters: US business leader
- WASHINGTON (AFP) — The rapid appreciation of the Chinese currency against the US dollar is taking a big toll on Asian companies using China as base for exports to the United States, according to a top US business official. The yuan has risen 18 percent against the dollar...
- Articles 2008-04-30
- China opens one of world's largest bridges: report
- BEIJING (AFP) — China Thursday inaugurated one of the world's longest bridges, which will provide an important new route into Shanghai, state press said. Presented as the "world's longest sea bridge", the 36-kilometre (22-mile) structure connects Jiaxing city near Shanghai to the port city of Ningbo in the...
- Articles 2008-04-30
- CNinsure Establishing Joint Venture with Car Dealer to Further Penetrate Auto Insurance Distribution Channel
- GUANGZHOU, April 30 /Xinhua-PRNewswire-FirstCall/ -- CNinsure Inc. , a leading independent insurance agency and brokerage company operating in China, today announced the signing of a definitive agreement with Shandong Xin Guang Yuan Automobile Club Co, Ltd. ("Shandong Xin Guang Yuan"), to jointly set up Fanhua-Xin GuangYuan Insurance Agency Co., Ltd....
- Articles 2008-04-30
- Stable China currency needed to curb speculation: report
- SHANGHAI (AFP) — China should keep its currency the yuan stable to curb market expectations that lead to huge speculative money flows, state media reported on Monday, citing a government economist. "(We should) stabilise market expectation for the exchange rate and give the market a relatively stable signal...
- Articles 2008-04-27
- Chinese shares rocket nearly 10 pct on stamp duty cut
- SHANGHAI (AFP) — Chinese share prices surged Thursday to close up 9.29 percent, the biggest one-day rise in more than six years, after the government slashed stamp duty on stock market transactions, dealers said. Many major stocks soared by the 10 percent daily limit with investors taking the...
- Articles 2008-04-24
- / CORRECTION - Songzai International Holding Group, Inc.
- In the news release, "SongzaiInternational Holding Group, Inc. Reports 2007 Year-End Financial Resultsand Close of Acquisition Transaction," issed Thursday, April 10, 2008, bySongzai International Holding Group, Inc. (OTCBB: SGZH), we are advised bythe company that the second sentence of the third paragraph should read"Hong Yuan and Sheng Yu will together...
- Articles 2008-04-23
- Brilliance China Automotive Holdings Limited Announces 2007 Year-End Results
- HONG KONG, April 21 /Xinhua-PRNewswire-FirstCall/ -- Brilliance China Automotive Holdings Limited (the ''Company'') announced today its results for the year ended December 31, 2007 prepared in accordance with generally accepted accounting principles in the United States of America. Consolidated net sales of the Company and its subsidiaries...
- Articles 2008-04-21
- Newly rich Chinese take a shine to gold
- BEIJING (AFP) — Li Zhixin spent weeks planning his one-day family tour of Beijing's historic sites, but instead found himself in one of the city's shopping malls, watching his wife happily trying on gold necklaces. "I can't complain -- we just like gold," said the 30-year-old steel plant...
- Articles 2008-04-19
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