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CNPC to expand oil refinery in Sudan

Business | Energy
2009-11-20

CHINA'S largest oil and gas company said today it had signed agreements with Sudan to strengthen cooperation in oil refining. China National Petroleum Corp, the parent of PetroChina Co, has signed a memorandum...

Telco signals busier call traffic

Business | Information industry
2009-11-20

CHINA Mobile, the world's top mobile carrier by subscribers, yesterday said its call traffic has bounced back to pre-global downturn levels, lifted by a rebounding economy. China Mobile's international business...

China Mobile gears up for 4G

Business | Information industry
2009-11-19

CHINA Mobile is to launch 4G mobile communication services as early as 2011 to boost its high-margin data services, industry officials said yesterday. The world's biggest mobile carrier will roll out LTE (long...

SOHO China Beijing complex deal

Business | Real estate
2009-11-19

SOHO China, a leading real estate developer, said yesterday it had acquired a 37-story office and retail complex in Beijing through one of its wholly owned subsidiaries, the second major acquisition by the company...

China UnionPay Co Yen for debit cards

Business | Banking
2009-11-19

CHINA UnionPay Co yesterday teamed up with the Bank of China to issue Japanese yen-denominated UnionPay-standard debit cards in Japan, UnionPay said yesterday. The card can also be accepted in China and UnionPay's...

PetroChina in talks for LPG pact

Business | Energy
2009-11-19

PIPED-GAS supplier China Gas Holdings said yesterday that PetroChina is in talks to invest in a China Gas unit, which will distribute liquefied petroleum gas for Asia's top oil producer. China Gas Chief Financial...

Smart rat holds hope for aiding human memory

Metro | Science
2009-11-18

RESEARCHERS have created a smart transgenic rat whose brain cells communicate a bit longer than usual, shedding light on the possibility of enhancing human memory, a scientist said yesterday in Shanghai. Researchers...

Banks vie for Taiwan business

Business | Banking
2009-11-18

THE Bank of China and its rivals are vying to be the first to open a branch in Taiwan after a long-awaited memorandum of understanding between the Chinese mainland and the island was signed. Li Lihui, president...

Merchants Securities' debut hits new low for 2009 IPOs

Business | Securities
2009-11-18

CHINA Merchants Securities Co posted the smallest first-day trading gain yesterday since a 10-month ban on IPOs was lifted in June. Analysts attributed the weak debut performance to its high valuation and waning...

Salary outlook good for grads, but job market is competitive

Metro | Jobs/human resources
2009-11-18

SALARIES for next year's university graduates are expected to remain the same as this year, human-resource experts said yesterday. That's a lot better than the sharp drop that last year's grads experienced...