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Qatar Airways and IAG deepen ties

Qatar Airways said yesterday it has bought nearly 10 percent of the parent company of British Airways and Spain’s Iberia, deepening wealthy Qatar’s business ties to Europe and raising competition with...

January 31, 2015, Saturday


Sunac halts HK share trading

SUNAC China Holdings Limited suspended the trading of its shares in Hong Kong yesterday pending the release of an announcement containing inside information, amid market speculation about its stake purchase...

Cherry Cao | January 31, 2015, Saturday


Ads cue more Apple stores

Apple Inc, which just became China’s No. 1 smartphone vendor, expects to open stores in another five cities based on advertisements that it placed for retail staff....

Zhu Shenshen | January 31, 2015, Saturday


Shares drop on weak yuan and IPOs

Shanghai stocks yesterday fell for a fourth straight day as investors were disheartened by several factors such as prospects of a weaker yuan against the US dollar and several upcoming initial public ...

Ji xiang | January 31, 2015, Saturday


Unilever sees high hopes for 3rd plant in Sichuan

Unilever’s third manufacturing plant in Sichuan Province will help the Anglo-Dutch giant meet demand of consumers in western China and Southeast Asian countries, the company said yesterday. ...

Leng Cheng | January 31, 2015, Saturday


Behaving Kuaidi Taxi users get rewards

Passengers with good credit records are allowed by Kuadi Taxi to pay their taxi fares 20 minutes later after the trip, the Alibaba-invested firm, one of China’s top two taxi-booking mobile app providers,...

Zhu Shenshen | January 31, 2015, Saturday

More News


China's commerce regulator meets Alibaba's Ma Yun

THE head of China's commerce regulator met with Alibaba's chairman Ma Yun on Friday to exchange opinions on joint efforts to fight fake products. During the meeting, Zhang Mao, minister of the State ...

January 31, 2015, Saturday


Russia trims interest rate to 15%

A chain is seen wrapped around a road sign, with the coat of arms of the Russian central bank seen on it, near the headquarters of the bank in central Moscow yesterday. Russia cut its key interest rate by two points to 15 percent yesterday, as the economy slides toward recession due to a collapse in global oil prices and Western sanctions over the Ukraine crisis. ...

January 31, 2015, Saturday


Honda cuts 6.5% off profit forecast

The logos of the Honda Motor Co are seen on the company’s ASIMO robots displayed at the company showroom in Tokyo yesterday. Japan’s Honda Motor Co sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty air bags made by Takata Corp. ...

January 31, 2015, Saturday


US sees economic expansion slow sharply to 2.6% in Q4

US economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006....

January 31, 2015, Saturday


Managed assets post slow growth

Assets managed by trust firms in China grew slowly in 2014 as the economy slowed and competition intensified, according to an industry report....

Ye Zhen | January 31, 2015, Saturday


Deflation looms as eurozone inflation drops

Eurozone consumer prices fell by a record 0.6 percent in January, confirming deflation could be taking hold for the long term, EU data showed yesterday....

January 31, 2015, Saturday


Chinese seen as among top hotel investors

Chinese investors will feature highly as global hotel investments may hit an eight-year high of between US$65 billion and US$68 billion this year, JLL Hotels and Hospitality Group predicted....

Cherry Cao | January 30, 2015, Friday




 

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