China Mobile is to release the closely-watched 3G Ophone next week, while rival China Unicom is to bring Apple's iPhone to China as soon as Friday, which may add fuel to the flames in the fiercely competitive Chinese market.
Wuhan Iron & Steel Co.(WISCO) plans to raise as much as 12 billion yuan ($1.8 billion) in a rights offer to buy factories and a stake in a construction-steel maker from its parent, after a plunge in net income of first-half 2009.
Kazakhmys PLC, the largest copper producer in Kazakhstan names Clinton Dines, former CEO of BHP Billiton China, as an additional independent non-executive director.
After months of speculation and rumors, reports surfaced on Thursday indicating that Apple will officially launch the iPhone 3G in China come October.
Just two months out of bankruptcy, Chrysler Group has renewed the hunt for a manufacturing partner in China as it prepares to revamp its product lineup under the control of Italy's Fiat SpA (FIA.MI), three people with knowledge of the discussions said.
Brazilian miner Vale is not not talking with Chinese steelmakers about the iron ore benchmark price for 2009, now and it will go on supplying iron ore to China at a temporary price, which is 60% to 80 % of the 2008 price, company CEO Roger Agnelli said on Wednesday.
Kazakh copper producer Kazakhmys Plc posted better-than-expected first-half earnings on Thursday, helped by cost cutting and the sale of stockpiled inventories to China, lifting its shares more than 4 percent.
PetroChina, the nation's largest oil company, has denied a recent scandal that their employees were involved in purchasing over 1,000 apartments with preferential treatment in Beijing, CCTV reports.
China Everbright Bank's 11.5 billion yuan ($1.68 billion) private share placement has been approved by regulatory authorities, furthering the bank's quest for an initial public offering.
For centuries, Leonardo da Vinci's Mona Lisa and her enigmatic smile have inspired as much speculation as admiration. Now she's ready to answer questions -- in Mandarin.
G20 policymakers meeting in London next week will likely pledge to maintain accommodative policies for as long as is needed, a G7 source told Reuters on Thursday.
NEW YORK - U.S. copper futures dipped into negative territory Thursday morning as a weaker open on Wall Street and lingering concerns about Chinese demand sapped earlier strength and pulled prices back down from the $2.90 a lb level.
China promptly denounced a proposed trip to Taiwan by the Dalai Lama on Thursday, saying any such visit by a man Beijing brands a separatist threatened to sabotage improving relations.
Industrialized nations can deepen planned cuts in greenhouse gas emissions to shore up a U.N. climate treaty due in December but analysts say there are risks they will promise more than they deliver.
Oil fell to $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.
China Unicom will announce a deal to sell Apple's iPhone in China as soon as Friday, an analyst said, citing an industry source with direct knowledge of the situation.
China Unicom will announce a deal to sell Apple's iPhone in China as soon as Friday, an analyst said, citing an industry source with direct knowledge of the situation.
China Unicom will announce a deal to sell Apple's iPhone in China as soon as Friday, an analyst said, citing an industry source with direct knowledge of the situation.
Apple Inc is getting closer to clearing the hurdles to start selling iPhones in China, the Wall Street Journal reported on Wednesday.
Asian shares mostly eased on Thursday and the yen rose after a flat day on Wall Street following encouraging home sales and durable goods data left investors cautious about chasing shares higher.
Oil fell toward $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.
U.S. stocks closed near break-even on Wednesday despite fresh signs of a modest economic recovery, while rising U.S. crude stockpiles led oil prices to extend sharp losses from the previous session.
