China Pacific Insurance (Group) Co Ltd, the country's third-largest life insurer and partly owned by the Carlyle Group, is set to relaunch its Hong Kong IPO, according to sources, after its first attempt failed last year when markets plunged.
German truckmaker MAN SE will pay 560 million euros ($786.7 million) to get a 25 percent plus one share stake in Chinese peer Sinotruk, MAN said, booting its presence in Asia's top market.
Crude oil inventories declined by 2.8 million barrels on the week ending July 10. The United States and China agreed to develop a joint Clean Energy Research Center. The world's largest coal producer by market value said its commercial coal production rose to 105.8 million tonnes.
Australian Prime Minister Kevin Rudd warned China on Wednesday it had significant economic interests at stake in detaining an Australian mining executive on spying charges and the world was watching how it handled the case.
Chen Tonghai, a former chairman of China's second-biggest oil refiner Sinopec Corp, was given today a two-year reprive from a death sentence for accepting millions of dollars in bribes, Reuters reported.
China is on course to hit its 8.0 percent growth target this year and become the first major economy to pull decisively out of the global slump, according to a Reuters poll.
President Dmitry Medvedev will defend a Russia-backed deal to buy German car maker Opel and seek more support for the Nord Stream gas pipeline project when he visits Munich on Thursday, a top Kremlin aide said.
China and the United States, the world's two largest emitters of greenhouse gases blamed for global warming, launched a joint research effort Wednesday to produce more fuel-efficient vehicles and buildings.
Prices up more than expected in June, U.S. inventories weekly report, U.S. Officials visit China to highlight clean energy
The U.S. Energy Department will release its weekly petroleum supply report at 10:30 a.m. EST. U.S. Energy Secretary Steven Chu and Commerce Secretary Gary Locke arrive to China to stay through July 17 to highlight the potential for mutually beneficial relationships in the clean energy sector. The 20th World Oil Forum 2009 ends in London, UK .
China's Ministry of Commerce on Wednesday played down reports that it is at odds with the economic planning agency over a controversial deal for a little-known Chinese company to buy GM's Hummer unit.
China's Ministry of Commerce on Wednesday played down reports that it is at odds with the economic planning agency over a controversial deal for a little-known Chinese company to buy GM's Hummer unit.
China has warned its citizens in Algeria about possible attacks from al Qaeda in retribution for a Chinese government crackdown in the Muslim region of Xinjiang.
Intel Corp's quarterly results and outlook blew past Wall Street forecasts on better-than-expected consumer demand for PCs, especially in Asia, setting an auspicious tone for the technology sector.
China on Tuesday denied restrictions on cooperation between domestic and foreign companies, saying the allegedly Rio spy case won't hamper iron ore talks.
Users of Microsoft's Office software for Windows PCs have suffered from attacks since last week through a zero-day leak, and local newspaper in China reported on Tuesday one million Chinese suffered from the attack since June 6.
Yum Brands Inc , parent of the Taco Bell, Pizza Hut and KFC chains, cut its full-year forecast for sales on weakness in its two biggest markets, the United States and China, and its shares fell 3.9 percent.
An Al-Qaeda branch in North Africa threatened to take revenge on oversea Chinese for the deaths of Muslim Uygurs in the deadly July 5 violence in China's Xinjiang, Bloomberg reported on Tuesday, citing a report from a risk analysis company.
China's Baosteel will raise prices of its major steel products by 9 to 13 percent next month, more than expected, a move that may suggest mills have effectively given up their battle for lower iron ore prices.
Australian Prime Minister Kevin Rudd said on Tuesday efforts to free an Australian detained in China over claims of spying took precedent over bilateral ties and he was not worried about antagonizing Beijing.
Goldman reports soaring 2Q profits, Treasury Sec. says economy improving quicker than expected, J&J beats expectations
Oil giant Exxon Mobil Corporation announced Tuesday it will invest more than $600 million and partner with biotech firm Synthetic Genomics Inc.to develop biofuels from photosynthetic algae at a large scale.
