Buffett says be 'cautious'
2007-10-25 11:26:17
Billionaire Warren Buffett(right) visits a subsidiary of his fund firm in Dalian. He cautioned investors against risks as China stocks surged this year. [China Daily]
Hotel chain acquires Top Star
2007-10-24 09:03:17
Home Inns, one of the major budget hotel chains in China, yesterday acquired its rival Top Star for 340 million yuan in a bid to consolidate its domestic leading position.
GE Capital pulls out of bank deal
2007-10-24 10:47:33
GE Capital International Financing Corp Inc has terminated a share subscription agreement with Shenzhen Development Bank, the Chinese lender said yesterday.
KFC dumps Nestle for Mengniu
2007-10-23 09:10:08
The global fast food behemoth KFC yesterday signed a dairy product supply agreement with Inner Mongolia Mengniu Dairy Industry (Group) Co Ltd, China's top dairy producer.
Fuel oil futures price records
2007-10-20 10:18:51
Fuel oil futures contracts were pushed up high by the surging crude oil prices in the global market.
Chinalco to buy more copper firms
2007-10-20 09:50:04
Aluminum Corp of China plans to buy more overseas copper mining companies to meet rising domestic demand and help diversify earnings.
ICBC spreads global reach
2007-10-18 11:16:57
People pass an Industrial and Commercial Bank of China outlet in Shanghai. The bank is looking at mergers and acquisitions to boost its fledgling overseas business. [China Daily]
PetroChina boosts exploration budget
2007-10-18 10:11:06
Exploration will be ramped up at Daqing Oilfield to prove more reserves in the next decade, according to a source from the country's top oil company.
Danone snaps ties with Bright
2007-10-17 14:05:18
Bright Dairy products on sale at a Shanghai supermarket. Groupe Danone SA, the world's largest yogurt maker, has terminated its collaboration with Bright Dairy, after it failed to get the majority stake in the Chinese firm. [China Daily]
Barren: Mainland market could theoretically double
2007-10-16 14:50:43
A Barren's article quoted Dator of US Global Investors as saying, "Given the way bubbles usually progress, the mainland market could theoretically double from these levels."
Baosteel earnings surge
2007-10-17 09:50:44
Baosteel Group Corp, China's biggest steelmaker, has already exceeded last year's full-year profit in the first nine months, driven by demand from automakers, shipbuilders and construction companies.
Fuel oil futures trading robust
2007-10-17 09:50:16
Fuel oil futures traded on the Shanghai Futures Exchange rose 1.07 percent to a record high, driven largely by the continuing surge in crude oil prices over the past few weeks.