Shanghai Century Star Import & Export Corp, a unit of state-owned China National Garments Group Corp, is in talks with French attire maker Pierre Cardin to take over a license in the country, according to a company statement released yesterday, the Shanghai Daily reported. The Shanghai-based company...
LONDON --The Iraqi government has begun talks with European countries about arms purchases as it rebuilds its military in a drive towards independence from U.S. forces, the Financial Times reports on its Web site Wednesday....
Global consumer electronics retailer Best Buy Co Inc is planning to step out of Shanghai and expand its presence in China, sources reported. The U.S.-based retailer aims to open four or five stores across the country next year, a senior executive from Best Buy China said, without disclosing the locations for the new...
China Great Wall Asset Management Corp, one of the four state-owned asset management companies in the country, has obtained approval from the China Insurance Regulatory Commission to purchase a 50% stake in Shanghai-based Nissay-SVA Life Insurance Co Ltd, a joint venture equally held by Nippon...
Air China Ltd<601111><0753>, the flagship carrier of the country, plans to buy a 12.5% stake in Hong Kong's largest carrier, Cathay Pacific Airways Ltd<0293> for HK$6.3 billion from CITIC Pacific Ltd<0267>, the carrier said yesterday in a statement filed with the Shanghai Stock Exchange.After transaction, Air...
* Euro/dollar, cable reverse climb from 2009 highs * Profit-taking in other currencies partly boosts dollar * Non-manufacturing data, factory orders below forecast * Asian countries seen continuing to buy U.S. Treasuries (Adds comment, updates...
* Euro/dollar, cable reverse climb from 2009 highs * ISM non-manuf. survey, factory orders below forecast * Asian countries seen continuing to buy U.S. Treasuries (Recasts, adds comment, changes byline) NEW YORK, June 3 -...
* Euro/dollar, cable reverse climb from 2009 highs * Asian countries seen continuing to buy U.S. Treasuries NEW YORK, June 3 - The dollar recovered on Wednesday from a 2009 low against the euro hit...
* Dollar climbs on comments in Asia on FX reserves * Euro/dollar, cable reverse climb from 2009 highs * Asian countries seen continuing to buy U.S. Treasuries (Recasts, adds comment, updates prices, changes byline, changes...