Vehicle prices fell in April
2011-05-12 13:10:01
The price of Chinese-made vehicles fell 1.11 percent in April from a year earlier, and declined 0.15 percent from the previous month, according to a statement on the website of the National Development and Reform Commission on Wednesday.
Shared responsibilities
2011-05-12 13:08:10
A glimpse of the many outcomes from the third round of the China-US Strategic and Economic Dialogue (S&ED) indicates the two big powers intend to shoulder more international responsibilities by working closely together.
Curb all-pervasive inflationary pressures
2011-05-12 13:06:15
China's consumer price index (CPI) edged a little lower to 5.3 percent last month, having jumped to a 32-month high of 5.4 percent in March, latest statistics show.
HSBC targets to cut cost $2.5-3.5b
2011-05-12 13:04:17
HSBC announced its strategy execution plan on Wednesday stating that the bank has launched a program to target $2.5 billion to 3.5 billion of cost saves to reach cost efficiency ratio target of 48 percent to 52 percent by 2013.
Experts call for safer, more effective nuclear development
2011-05-12 11:21:23
Japan's Fukushina nuclear accident should not stop China from pursuing its own strategy for nuclear development, but it should be taken as a warning that China should develop nuclear power in a "more effective way" with safety as a top priority, said nuclear experts.
Guangdong Nuclear retracts Kalahari bid
2011-05-12 11:16:56
China Guangdong Nuclear Power Group Co withdrew its 712 million-pound ($1.16 billion) takeover offer for uranium mining company Kalahari Minerals Plc after the UK Takeover Panel barred it from reducing the bid.
Bright future for PV collaboration
2011-05-12 11:13:49
First Solar Inc and China Power International New Energy Holding Ltd (CPINE) have agreed to collaborate on solar photovoltaic projects in China, the United States and other international markets.
Eaton predicts business boost through OEM
2011-05-12 11:11:44
The robust original equipment manufacturing (OEM) sector in China's fast-growing aerospace market is expected to provide a further boost for the US-based industrial manufacturer Eaton Corp.
Ex-Gome exec to sell stake
2011-05-12 11:07:19
Gome Electrical Appliances Holdings Ltd, China's biggest electronics retailer, said it will take "appropriate steps" after its former chairman told a newspaper he intends to sell all of his shares in the company.
Tencent Q1 net profit up 61%
2011-05-12 11:03:34
Tencent Holdings said on Wednesday its net profit rose 61 percent to 2.87 billion yuan ($442.2 million) for the three months ended March 31, 2011.
ENN, Duke Energy combine for 'long-term win-win' projects
2011-05-12 10:59:48
ENN Group Co Ltd, the parent of Hong Kong-listed energy company, ENN Energy Holdings Ltd, signed a cooperative contract with the US-based Duke Energy in Washington on Tuesday, during the China-US Strategic and Economic Dialogue.
Nanshan Aluminum to open US plant
2011-05-12 10:49:45
Shandong Nanshan Aluminum Co Ltd, China's second-largest aluminum products maker, said it will invest $161 million to build an extrusion plant in the United States to further tap into the overseas market.