Ssangyong Approved for Bankruptcy Protection
[2009-02-06]
Korean's fifth largest automaker has been approved for bankruptcy protection for six months as it tries to get back into the green.
News PM February 6
[2009-02-06]
CCB Offers 5 Bln Credit Line to Land Reserve Center, Power Consumption Slows in Eastern China, Shanghai-Hangzhou High-Speed Railway to Start Construction
Loan Syndication: To Be or Not To Be
[2009-02-06]
Bankers as well as borrowers are grappling with the implications of a government push to cut risks through loan syndication.
Lights, Camera, Action: New York's Horror
[2009-02-06]
'For sale' signs in New York's affluent suburbs are starting to appear as the rich awake to an economic crisis that's not a movie.
News AM February 6
[2009-02-06]
China's Power Demand to Rebound in 2nd Half, Chinese Automakers to Bid for Volvo, Intel Adjusts China Strategy, ICBC Extended 117 Bln Loans in January
Analysis: Can 65-year-old Liu Save Lenovo?
[2009-02-06]
The company is bracing itself for more challenges in next few quarters, and Liu must show the world that he is not Jerry Yang, co-founder of Yahoo who launched an unsuccessful comeback.
Economic Shift Rouses Defunct Steel City
[2009-02-06]
To cool the economy four years ago, the government closed private Tieben Steel and detained its founder. Times have changed.
News PM February 5
[2009-02-05]
Shanghai Eyes International Talents, CBRC Names New Head for Asset Management Company, Shareholders Approves PCCW Buyout Plan, Sany Group to Issue 1.8 Bln Notes
Strategic Oil Reserves Starts Operation
[2009-02-05]
With international oil prices down, China has announced plans to build eight new oil reserves.
Shanghai Officials Granted Housing Subsidies
[2009-02-05]
Shanghai officials were granted housing subsidies in the midst of a real estate market downturn. The government denies that it distributed such subsidies.
Lenovo Rearranges Management
[2009-02-05]
With heavy losses in 2008, China's largest PC maker announced that it will have a new CEO and president.
News AM February 5
[2009-02-05]
China Released Textile Stimulus Plan, China to Boost Equipment Manufacturing, Zhongjin Wins Approval to Buy Majority Stake in Australian Miner, Shanghai Airlines Shares Suspended
Pearl River Delta: Skyrocketing Growth Halts
[2009-02-05]
The Pearl River Delta, a former poster child of China's economic miracle, is facing a hard time in 2009.
China's Bond Market: A Glass Half Full
[2009-02-05]
Investors are paying more attention to China's bond market, which is poised for growth thanks to new policies and the financial crisis.
Power: Stymied Coal Talks Point to Power Reform
[2009-02-04]
China's power sector, after riding a reform roller coaster for years, faces new challenges as coal talks stall over price controls.
News PM February 4
[2009-02-04]
Equity Incentive Program To Be Suspended, Growth Market Guidelines Under Review, China Eastern Says it Will Reduce Losses, Western Mining Drops Plan to Buy Parent's Assets
Lending Topped 1 Trillion Yuan in January
[2009-02-04]
Banks started cranking open the loan spigot in late 2008, although experts say the enthusiastic credit pace won't last for long.
Real Estate Industry: Moving to the Basement
[2009-02-04]
Property developers saddled with overdue loans, angry customers and unfinished buildings hope to survive 2009. But many won't.
News AM February 4
[2009-02-04]
China, Russia to End Oil Loan Talks by March, China to Close Xiaolingtong Service in 3 Years, China Produced Record Amount of Gold in 2008, SSE Tightens Scrutiny of Shareholders
Sanlu Former Chairman Tian Wenhua Appeal
[2009-02-04]
Tian said in her appeal that a director from Fonterra provided a European standard with a safe level of melamine.
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