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  • July 29, 2014
  • Last updated: 3:08am
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  1. Business - Companies

    Lufthansa adds revenue sharing joint venture to Air China partnership

    Posted Jul 08th 2014, 01:54am by SIJIA JIANG

    ... by setting up a revenue-sharing joint venture as it looks to gain better access to the world's second-largest aviation market after the US. Lufthansa chief executive Carston Spohr said at the signing of a memorandum of understanding with Air China in Beijing yesterday- on the second day of German Chancellor Dr Angela Merkel's state visit to China- that the new joint venture would ...

  2. Business - China Business

    China joint venture to make PlayStations

    Posted May 27th 2014, 01:34am by BLOOM

    ... Reuters in Beijing PlayStations to be made in China by joint venture Sony and Shanghai Oriental Pearl will set up two joint ventures to make and market Sony's PlayStation games console on the mainland, Shanghai Oriental Pearl said yesterday. One joint venture would be responsible for the console's hardware, while the other would focus on software, the mainland ...

  3. Business - Banking & Finance

    Nomura forms joint venture in Shanghai free-trade zone

    Posted May 20th 2014, 12:56am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Nomura forms joint venture in Shanghai Japanese investment bank Nomura yesterday signed an agreement with three mainland firms to establish a joint venture ... Group, will hold 20 per cent. Lujiazui International Trust and Shanghai Jiu You Equity Investment Management will each take 10 per cent of the joint firm. The venture would have capital 30 ...

  4. Business - China Business - MANUFACTURING

    Zoomlion nears deal for heavy-truck joint venture in diversification push

    Posted Mar 08th 2014, 01:45am by Reuters

    ... a heavy-truck joint venture with a major global player as it seeks to diversify the types of equipment it manufactures and sells, its chairman said yesterday. Zoomlion, which was hit hard by an industry ... manufacturer, has been in talks with several global truck heavyweights for a 50-50 vehicle and engine venture on the mainland. "The joint venture will be a major player in the medium to higher-end ...

  5. Property - International - INVESTMENT

    Joint venture targets China's greying population

    Posted Feb 06th 2014, 11:40am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Joint venture plans to develop 12 upmarket health resorts to tap burgeoning demand for elderly care services on the mainland Consortium targets greying population China Ageing Development Foundation, a fund under the Ministry of Civil Affairs, has teamed up with investors in Hong Kong and Dubai for an aggressive plan to build 12 upmarket retirement ...

  6. Business - China Business - COURTS

    CRP directors accused of lying about joint venture

    Posted Jan 07th 2014, 01:46am by Eric Ng

    ... of lying about joint venture Minority shareholders of China Resources Power Holdings (CRP) have accused its directors of lying about the extent of its control over a coal joint venture, which ... and that it could be transferred back to CRP within two years, Chan added. "[CRP] said its [effective] interest [via various levels of subsidiaries] in the joint venture is only 25 per cent... but we ...

  7. Business - China Business

    Renault-Dongfeng joint venture gets green light from Beijing

    Posted Dec 05th 2013, 11:40am by Agence France-Presse in Beijing

    ... Agence France-Presse in Beijing Beijing has approved a long-awaited US$1.3 billion joint venture between French carmaker Renault and Chinese giant Dongfeng Motor, the Chinese firm said in a statement on Thursday. Each partner will have a 50 per cent share in the new company, Dongfeng said. It said the government had approved the deal and “the production of 150,000 multiple-purpose ...

  8. Business - Companies - INTERNET

    Microsoft's Skype to run under new joint venture in China

    Posted Nov 12th 2013, 03:30am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com New mainland joint venture for Skype Skype, the instant messaging and online voice-and-video-call service owned by Microsoft, will be relaunched in mainland China under a new joint venture, following the end of a long-standing alliance in the market with Tom Group, the Li Ka-shing-controlled media conglomerate. Tom last week advised Skype users ...

  9. News - Asia

    Afghan massacre victims take stand at US court-martial

    Posted Aug 21st 2013, 11:25am by Associated Press in Joint Base Lewis-McChord

    ... Associated Press in Joint Base Lewis-McChord Afghans describe attack by US soldier An Afghan farmer shot during a massacre in Kandahar Province last year took the witness stand on Tuesday ... in the courtroom at Joint Base Lewis-McChord south of Seattle, where a sentencing hearing began for Staff Sergeant Robert Bales in the slayings of 16 civilians killed during pre-dawn raids on two villages ...

  10. Business - Companies - INVESTMENT

    KKR leads joint venture in return to dairy industry

    Posted Sep 24th 2013, 02:34pm by Reuters

    ... Reuters US firm teams up with Modern Dairy and CDH to invest US$140 million in mainland milk farms KKR leads joint venture in return to dairy industry KKR is leading a joint venture ... the source said. New York-based KKR will hold 61.5 per cent of the venture, while CDH will own 20.5 per cent and Modern Dairy 18 per cent. The joint venture comes at a time when the central ...




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