Slow Takeoff for Merger of Indebted Airlines
A plan to combine state-owned China Eastern Airlines and city-held Shanghai Airlines is finally getting off the ground.
China Steelmakers Book 1.3 Bln Yuan Profit in May
The return to profitability is mainly due to rebounding steel product prices and rising market demand.
CISA Urges Rizhao Iron Ore Trading Center to Reshuffle
The association alleged the center had exceeded its legal scope and issued misleading information about its operations
China Announces Revised Standards for New-energy Autos
The new standards divide current alternative energy technologies into three categories according to their different stages of development.
Shanghai to Expand Housing Supply to Stabilize Prices
Shanghai's housing prices remain relatively high and the government intends to head off further increases.
Hainan Airlines Taps Shipping Market
A unit of Hainan Airlines Group ordered 30 ships and bought a significant stake in a shipbuilder.
Sinopec to Buy Swiss Oil Explorer Addax
Addax's board recommended shareholders accept the offer and senior executives have entered a lock-up agreement to sell their 38 percent holding to the Chinese firm.
China Mid-June Power Output Up 3.8% Yr-On-Yr
Analyst said the rise was due to increased use of air conditioners driven by unusually high early summer temperatures.
East Star Airlines Gets 500 Mln Yuan Lifeline - Report
The airlines began bankruptcy proceedings after a local court accepted GE Commercial Aviation Services' lawsuit against the airline on March 30.
Fund-raising Exercise to Relieve Gome's Pressures
Gome will continue to take a cautious attitude and plans to close 100 outlets in 2009 amid challenging macroeconomic conditions.
CISA Rejects Vale-Arcelor Mittal Iron Ore Deal
The association said it would continue to resist pressure to reach a deal despite the deadline.
Gome to Raise HK$3.2 Bln via Bonds, Shares
The company will sell HK$ 1.8 billion worth of convertible bonds to Bain Capital, while launching an offer of up to 2.48 billion new shares.
U.S. "Concerned" about Green Dam
The U.S. Government is concerned about Green Dam both in terms of its potential impact on trade and the serious technical issues raised by use of the software.
China June Auto Sales Likely to Slide
June car sales in major Chinese cities are falling, mainly due to the fading impact of policy support.
Suning Appliance in Talks to Buy Japan's Laox
The deal has both benefits and risks for Suning, said Liu Bin, an analyst at Guotai Junan Securities.
China May Release Direct Power Sale Rules Soon – Source
The rules will allow approved industrial users to buy electricity directly from power generators and require power transmission firms to clearly lay out their transmission charges.
High Hopes for Hummer's Curious Suitor
Some mysteries about a Chengdu company's offer to buy GM's Hummer vehicle have been answered. But questions remain.
Suning May Buy Stake in Japan's Laox
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Pricing Delays Over Gazprom, CNPC Gas Pipeline
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