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Ascott spells out ambitious global plans

ASCOTT, a leading owner-operator of international serviced residence, is aiming to more than double its global portfolio by 2020 amid robust demand from both China as well as other parts of the world,...

Cherry Cao | September 22, 2014, Monday


Microsoft postpones launch of Xbox One

Microsoft Corp has delayed the launch of its Xbox One game console on the Chinese mainland, which had been set for release tomorrow, but the world’...

September 22, 2014, Monday


Huge cold storage facility unveiled

SWIRE Pacific Cold Storage Ltd, the world’s third-largest in terms of capacity, inaugurated a 440 million yuan (US$72 million)...

Cao Qian | September 22, 2014, Monday


AgBank launches yuan bond in Dubai

The Agricultural Bank of China, the country’s third-biggest bank by assets, yesterday launched the listing of 1 billion yuan (US$163 million) Emirates bond on the Nasdaq Dubai,...

September 22, 2014, Monday


G20 close to reaching growth deal

Finance chiefs from the 20 largest economies yesterday said they are close to reaching their goal of boosting world GDP by more than US$2 trillion over the next five years,...

September 22, 2014, Monday

More News


iPhone 6 smuggling bid busted

Apple’s iPhone 6 are displayed during a news conference by Customs and Excise Department and police in Hong Kong yesterday. Hong Kong customs and marine police on Saturday foiled a smuggling case involving a speedboat carrying 138 iPhone 6, along with hard disks and RAMs, from Hong Kong to the Chinese mainland. Lured by the promise of profit from smuggling the new iPhones into the mainland, opportunists have joined the thousands of Apple Inc fans lining up to buy the devices as they were launched across Asia. ...

September 22, 2014, Monday


China's major retailers lose shoppers

ALIBABA'S historic IPO is more sad news for retailers in China, which continue losing shoppers as more Chinese chose to shop online.     Four of China's five largest retail groups lost customers in the ...

September 21, 2014, Sunday


Bidders number up while average price grows to 73,875 yuan in car license sale

The success rate in getting a car plate has improved from 6.1% last month to 6.8 percent this month as the monthly car plate auction was completed this afternoon in Shanghai.  Meanwhile, the average ...

Dong Zhen | September 20, 2014, Saturday


Alibaba shares close at 93.89 USD, surging 38 pct on first trading day

CHINA'S e-commerce giant Alibaba Group Holding Limited Friday ended its first day of trading at 93. 89 U.S. dollars a piece, surging 38 percent following a record initial public offering on the New York ...

September 20, 2014, Saturday


Alibaba stock soars swiftly in jubilant trading debut

ALIBABA debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning ...

September 20, 2014, Saturday


Alibaba shares open up 36% from IPO price in NY

CHINA’S Alibaba made its long-awaited Wall Street debut yesterday, on the heels of a record stock offering that opens the door to global expansion for the online retail giant....

September 20, 2014, Saturday


BOC, SGX in currency settlement deal

Bank of China (BOC) will be the pioneer market maker for the renminbi futures of Singapore Exchange (SGX), the two parties announced yesterday....

September 20, 2014, Saturday




 

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