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  • October 25, 2014
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  1. Blind eye to billions in bad debts

    Posted Mar 08th 2010, 12:00am by Naomi Rovnick

    ... fields dominate the Shanxi capital's landscape. From the air, the city resembles a mouthful of rotting teeth. Because Shanxi produces most of China's coal, Taiyuan is also ... by American former Arthur Andersen accountant Phil Groves, is Hong Kong-based. Still, Nelson spends most of his working days in Taiyuan. While DAC owns loans attached to failed firms throughout China ...

  2. Rusal eyes HK$20b as listing document is filed

    Posted Jan 01st 2010, 12:00am by Howard Winn

    ... and there is considerable mothballed capacity that can be brought back into production. This is particularly the case in China where Rusal hopes to make inroads. Nevertheless, the company believes it has ... partner and Deripaska owes him about 20 per cent of the shares in Rusal, among other claims. If Cherney wins the case, Deripaska's beneficial interest in Rusal would be hit. That in turn ...

  3. All eyes on new captain of China Eastern Airlines

    Posted Mar 02nd 2009, 12:00am by Charlotte So

    ... But the appointment of former China Southern Airlines chief Liu Shaoyong as chairman of China Eastern Airlines Corp in December attracted unprecedented media interest on the mainland and in Hong Kong. There are big expectations of the youngest chairman at China's Big Three airlines- the others being Air China and China Southern Airlines. Millions of people are waiting to see if the 51-year-old ...

  4. Skyworth eyes purchase of China icon

    Posted Jun 12th 2004, 12:00am by Staff Reporter

    ... as one of the mainland's most venerable state-owned brands. Alongside the bicycle and the sewing machine, the product emerged as a status symbol of modern China. Skyworth has previously ... areas. China's potentially vast rural market has an average television penetration rate of only about 50 per cent, compared with 120 per cent in hyper-competitive urban markets. ...

  5. China Telecom eyes Unicom network

    Posted Feb 04th 2005, 12:00am by Staff Reporter

    ... Hui Yuk-min Fixed-line firm wants to team up with rival Netcom to run mobile business Fixed-line giant China Telecommunications Corp has proposed to jointly acquire one of China Unicom's two mobile networks in a move aimed at easing competition. China Telecom chairman and chief executive Wang Xiaochu said his 'win-win' plan would see his firm team up ...

  6. BA eyes deal for Japan Airlines

    Posted Mar 18th 2011, 12:00am by Anita Lam

    ... Anita Lam British Airways is eyeing the chance of a consolidation with the cash-strapped Japan Airlines (JAL) despite the latter's dimmed business outlook in light ... for Greater China and the Philippines. However, the airline still considers Japan crucial for the development of its Asia-Pacific business. Already in partnership with Cathay Pacific, American ...

  7. Stakeholders eye long-term solutions

    Posted Mar 16th 2011, 12:00am by Staff Reporter

    ... accounting for almost 70 per cent of the world's supply. Asia has experienced robust economic growth since 2009 and this has driven up production costs. 'The cost of manufacturing in China ... 'If China is getting progressively [more] expensive, the supply has to go somewhere else,' Mahtani says. 'The shifting of sourcing from China to other countries, mainly Bangladesh, ...

  8. Nanjing official in insider trade case

    Posted Dec 12th 2009, 12:00am by Staff Reporter

    ... arrest, adding that the detention was a result of insider trading. The brokerage said Chen's case was an individual matter and did not involve the company. The economic commission, watchdog ... manipulation and insider trading after Beijing vowed to weed out irregularities in the securities sector. 'The case is the latest example that shows regulators are determined to curb insider ...

  9. Construction Bank eyes brokerage merger to compete with key rivals

    Posted Jun 16th 2008, 12:00am by Staff Reporter

    ... Adam Chen in Beijing China Construction Bank plans to consolidate two associated securities arms to compete with key rivals in the brokerage business, according to a source. The source said China Jianyin Investment Securities would merge with the securities department of China International Capital Corp, without elaborating. An official of the securities firm declined ...

  10. Haitong eyes investment banking after merger

    Posted Jun 04th 2010, 12:00am by Amanda Lee

    ... of underwriting an initial public offering in China is very different from in Hong Kong,' Lin said. 'When we worked on the Xinjiang Goldwind Science & Technology listing in Shenzhen, we just ...




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