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  1. Mixing it up with the major

    Posted Jun 27th 2010, 12:00am by Staff Reporter

    ... sunglasses, a red beret and a green combat vest. The laser gun, which stands in for his right arm, glints in the moonlight. This is Major Lazer, a fictional Jamaican guerilla who survived ... track of Major Lazer's 2009 debut, Guns Don't Kill People... Lazers Do. Directed by Ferry Gouw, the video was nominated at last year's MTV Video Music Awards for best breakthrough ...

  2. 'Laggard' Fujian signs US$8.66b worth of deals in Hong Kong

    Posted Mar 30th 2011, 12:00am by Sophie Yu

    ... Sophie Yu Fujian signed US$8.66 billion worth of deals in Hong Kong yesterday as the coastal province seeks to boost its finance and tourism sectors. At a signing ceremony for a total ... Fujian's per-capita gross domestic product reached US$5,000 last year, comfortably beating the US$4,000 mainland average, Zheng said it was still far behind the average, for eastern coastal areas, ...

  3. Cheung Kong's Beijing reit expected to raise up to US$1.5b

    Posted Mar 21st 2011, 12:00am by Peggy Sito

    ... is seeking a Hong Kong listing. 'The toasting last week was a prelude to the upcoming celebrations for the listing,' said a guest at the party. Cheung Kong is expected to raise between US$1 billion and US$1.5 billion through the initial public offering of the reit. Subject to regulatory approval, the offering is expected to start by the end of this month and the units will commence ...

  4. Air China, HNA pre-order 53 aircraft worth US$10.6b

    Posted Mar 09th 2011, 12:00am by Keith Wallis

    ... Keith Wallis Air China and HNA Group, parent of Hong Kong Airlines and Hainan Airlines, signed preliminary agreements yesterday to buy 53 passenger and freight aircraft- most from Boeing, with others from Dassault Falcon and Gulfstream. Prices were not disclosed, but the planes are worth about US$10.6 billion at list prices, although the airlines are likely to get big discounts. ...

  5. Lenovo puts US$175m into NEC joint venture

    Posted Jan 28th 2011, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group has agreed to invest US$175 million of company shares with NEC Corp to create a joint venture that will serve as the biggest supplier of personal computers ... the global personal computer business of International Business Machines for US$1.75 billion in 2005. Lenovo is the world's fourth-largest supplier of personal computers and the market leader ...

  6. China, US sign US$10.6b deals

    Posted Apr 29th 2009, 12:00am by Denise Tsang

    ... Denise Tsang A Ministry of Commerce delegation sent to the United States to press for an end to protectionism in bilateral trade came away with 32 contracts worth US$10.6 billion. In a meeting with newly appointed Commerce Secretary Gary Locke in Washington, Commerce Minister Chen Deming urged the US to resist protectionism, which the mainland leader said had seriously tested ...

  7. Carlyle sells US$860m of insurer's shares

    Posted Dec 31st 2010, 12:00am by Staff Reporter

    ... Jane Cai in Beijing US private equity Carlyle Group has sold about US$860 million worth of shares in China Pacific Insurance, the mainland's third-largest insurer. Carlyle, which ... short-term returns, Carlyle's initial investments of about US$800 million between 2005 and 2007 have increased in value more than six times to US$5.4 billion, based on the H-share closing price ...

  8. US fines PPG unit for export to Pakistan

    Posted Dec 23rd 2010, 12:00am by Staff Reporter

    ... Bien Perez The United States government has imposed US$3.75 million in fines against a mainland subsidiary of PPG Industries, a global supplier of paints and coatings, for illegally ... court in Washington, to conspiring to violate the International Emergency Economic Powers Act, the Export Administration Regulations, and other related charges. The US Department ...

  9. General Electric plans US$2b investment in mainland ventures

    Posted Nov 10th 2010, 12:00am by Eric Ng

    ... Eric Ng General Electric plans to invest more than US$2 billion over two years on the mainland to improve product development and fund manufacturing joint ventures in the power distribution and railway sectors. The United States-based corporate giant has also announced the appointment of vice-chairman John Rice to expand GE's businesses outside the US and relocate him ...

  10. Sino-US storm clouds gather over Africa aid

    Posted Oct 31st 2010, 12:00am by Kristin Jones

    ... Kristin Jones in New York At ground level, it seemed to be a happy harmony of Chinese, Western and African interests. After a Chinese construction firm won a contract to build a US ... Senator Jim Webb, a Democrat from Virginia, learned in July that the state-owned firm Sinohydro had won the US$71.6 million airport contract. Over the summer, he fired off a couple of angry ...




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