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Energy saving can generate profits for chemical companies

Energy saving can generate profits for chemical companies

REDUCTION of energy consumption has become one new source for chemical enterprises to reap profits in China. Jan Kreibaum, regional president for China of Swiss-based specialty chemicals producer Clariant, ...

Song Yingge | September 26, 2016, Monday


Tencent to donate 2% of its annual profit to charity

Tencent to donate 2% of its annual profit to charity

CHINESE billionaire Pony Ma Huateng, the founder of Tencent, said in Hong Kong his company would donate 2 percent of its annual profit to charity and flagged growth in the use of mobile Internet in China’s ...

September 26, 2016, Monday


Sany finds smart way to boost bottom line

Sany finds smart way to boost bottom line

SHANGHAI-LISTED machinery manufacturer Sany Heavy Industry Co is using smart manufacturing to narrow its losses, the company said at Pujiang Innovation Forum 2016 on Saturday. Despite profits taking ...

Song Yingge | September 26, 2016, Monday


Ride-hailing firm Grab ties up with self-driving car startup

Ride-hailing firm Grab ties up with self-driving car startup

USERS of ride-hailing firm Grab were able to book driverless cars yesterday as it partners with a startup in testing the technology in Singapore, just days after rival Uber debuted its self-driving vehicles ...

September 24, 2016, Saturday


Provincial projects tipped to spur growth

Provincial projects tipped to spur growth

PROVINCIAL projects worth more than 1 trillion yuan (US$150 billion) were launched this week as China strives to boost growth, Shanghai Securities News reported yesterday. The projects are mostly infrastructure-related, ...

September 24, 2016, Saturday

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The frenzy of home buying stays in Shanghai

The frenzy of home buying stays in Shanghai

SENTIMENT among home buyers and real estate developers both rebounded in Shanghai last week at a double-digit pace while average cost fell slightly because of a structural shift, latest industry data ...

Cherry Cao | September 26, 2016, Monday


China extends anti-dumping duties on US chicken for 5 years

China extends anti-dumping duties on US chicken for 5 years

CHINA'S Ministry of Commerce (MOC) announced Monday that it will extend anti-dumping duties on US white-feathered broiler chickens for another five years, starting Tuesday. China imposed anti-dumping ...

September 26, 2016, Monday


China key stock index sinks below 3,000 points

China key stock index sinks below 3,000 points

Chinese stocks fell on Monday, with the Shanghai stock index sinking below the key psychological level of 3,000 points. The benchmark Shanghai Composite Index was down 1.76 percent to close at 2,980.43 ...

September 26, 2016, Monday


Shanghai ranked as the world’s 16th best financial hub

Shanghai ranked as the world’s 16th best financial hub

SHANGHAI ranked the 16th in a list of 87 global financial hubs, followed by Shenzhen at the 22nd and Beijing for the 26th place, a survey showed today. London, New York, Singapore, Hong Kong and Tokyo ...

Leng Cheng | September 26, 2016, Monday


Didi Chuxing partners with ofo to tap bike sharing

Didi Chuxing partners with ofo to tap bike sharing

CHINA'S largest ride-hailing application Didi Chuxing today announced it has invested tens of millions of dollars in China's leading bicycle-sharing platform ofo. According to a joint statement today, ...

Ding Yining | September 26, 2016, Monday


Mercedes-Benz takes after-sales to another level

Mercedes-Benz takes after-sales to another level

 MERCEDES-BENZ, a prestigious name in automobile industry, is enhancing its after-sales services. With the overall market slow-down in new car sales, the competition in the service field of the stably ...

Anna Lu | September 26, 2016, Monday


50 SMEs debut on New Third Board

50 SMEs debut on New Third Board

A total of 50 small and medium-sized enterprises (SMEs) were added to China's New Third Board, marking further expansion in China's over-the-counter market since the board was officially established three ...

September 25, 2016, Sunday


Toyota to recall imported vehicles over defective airbags

Toyota to recall imported vehicles over defective airbags

TOYOTA will recall 762 imported vehicles across China's mainland from Nov. 1 due to defective airbags, according to the country's quality watchdog. The recall affects 566 imported Lexus RX200t vehicles ...

September 25, 2016, Sunday


New rules on China’s credit default swaps

New rules on China’s credit default swaps

NEW rules published in China yesterday on credit default swaps were met with skepticism about how effective the hedging tool would be in addressing the country’s growing debt risks. The market provides ...

September 24, 2016, Saturday


Marriott is world’s largest hotel chain

Marriott is world’s largest hotel chain

SEVERAL of the best-known names in travel are now united in one hotel company. Marriott International closed yesterday on its US$13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing ...

September 24, 2016, Saturday


 

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