Bawang International (Group) Holding chairman Chen Qiyuan earned HK$1.5 billion in paper profits yesterday after shares in the shampoo maker he founded defied a global market downturn ...
Mainland power output increased last month for the first time since October last year, suggesting a recovery in the world's third-biggest economy may be just around the corner. Power ...
The mainland central bank announced a set of stringent conditions with many restrictions for implementing cross-border trade settlements in yuan last night, in a move to limit the ...
China Investment Corp has bought a 17 per cent stake in Teck Resources, Canada's largest diversified mining company, for C$1.74 billion (HK$11.64 billion). The mainland's US$200 ...
Banks in Hong Kong are preparing for clients to settle cross-border trade in yuan, paving the way for more lucrative yuan businesses such as direct lending. After more than seven years ...
The International Monetary Fund is softening the language used to characterise exchange rates before the lender's first report in three years on China's economy. The 186-nation fund will not use the ...
Asian stocks fell for a third day yesterday as a drop in profit at Seven & I, Japan's largest retailer, and worsening job markets in the United States and Europe fanned doubts the global economy ...
General Motors Corp's battle with creditors over its reorganisation neared an end on Thursday, leaving it up to a bankruptcy judge to decide the fate of a plan to create a streamlined carmaker by ...
MONEY MATTERSHow do I turn my company into a natural resources play? Given the rebound in natural resources and commodities stocks, it's like asking how to hit the jackpot. The answer might be easier than you ...
Property sales rose 20.5 per cent in June, a 17-month high as low interest rates continued to encourage buyers to enter the market. The Land Registry recorded 15,747 sale and purchase agreements for ...
Google's US$125 million agreement to settle copyright issues with book publishers is being investigated by United States antitrust regulators. The issues raised by the settlement, which compensates ...
Wealth managers are courting well-heeled Indians living in Hong Kong by exploiting, among other things, the subcontinent's obsession with cricket. The aim: to tap wealthy investors benefiting from ...
No one would dispute that mainland insurer Ping An - meaning "safe and sound" in Chinese - has a name made for its business. It served successfully as the watchword of the country's ...
; "Bawang shares soar 27pc on debut")
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