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Wooha sees gains from new Customs rules

2010-08-28 10:18:55

Online luxury goods retailer Wooha.com on Friday said the new Customs regulations for mailed goods will prove beneficial to its business and create a level-playing field for companies.

Zijin Mining offered bribe to reporters: GAPP

2010-08-28 09:57:38

China's top press watchdog on Thursday confirmed that the Zijin Mining Group, the country's biggest gold producer, tried to bribe reporters to hush up a major toxic waste leak at the company's copper mine in Fujian province.

Battlelines drawn in Gome tussle

2010-08-28 09:18:45

The boardroom tussle at electronics retailer Gome Electrical Appliances Holdings Ltd intensified on Friday after the family of the detained founder Huang Guangyu decided to increase their stake in the company ahead of a shareholder meeting next month.

Sinochem, Sinofert watching BHP's bid

2010-08-27 13:43:32

Sinochem Group, China's largest fertilizer trader, and unit Sinofert Holdings Ltd are "closely watching" BHP Billiton Ltd's $40 billion bid for Potash Corp of Saskatchewan Inc, an executive said.

China Life not keen on AIA stake buy

2010-08-27 09:30:27

China Life Insurance Co on Thursday reiterated that it has no plans to buy a stake in American International Assurance (AIA), a subsidiary of American International Group (AIG).

State Grid to buy 7 Brazilian power companies

2010-08-26 17:51:09

State Grid Corp of China, the nation's largest grid operator, is waiting for approval to complete the purchase of seven Brazilian energy companies, the 21st Century Business Herald reported.

China Vanadium plans takeovers

2010-08-26 14:19:28

China Vanadium Titano-Magnetite Mining Co, the largest non-State-owned iron ore producer in Sichuan province, said it will focus on takeovers in the region as local demand for ore may rise 18 million metric tons by 2012.

Spring Airlines touts discount seats to Japan

2010-08-26 11:15:13

One-way Spring Airlines' flights from Shanghai to Japan will be sold for as little as 4,000 yen ($42.28) beginning Sept 15, the Shanghai-based budget carrier said on Wednesday. The low-price tickets are expected to attract more low and middle-income customers to travel by air, said analysts.

Alibaba snaps up US firm

2010-08-26 10:14:05

China's largest e-commerce company, Alibaba.com Ltd, has made its second acquisition of a California tech company in two months, making it one of the most ambitious Internet companies in China.

Ping An Insurance H1 net profit up 27.9%

2010-08-25 02:28:46

Ping An Insurance, China's second largest insurer listed in Hong Kong and Shanghai stock exchanges, said Tuesday that its net profit rose 27.9 percent year-on-year in the first half of 2010.

Gome to vote on moves by Huang

2010-08-24 15:41:30

Gome Electrical Appliances Holdings Ltd has scheduled a special general meeting for Sept 28 to vote on what the company calls an irrational resolution by jailed founder Huang Guangyu, the Financial Times reported Tuesday.

He helps graduates find jobs

2010-08-24 15:28:55

He Rong, 30, who looks younger than his age, is helping find the right people for the right job for his fellow university graduates in search of employment.

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