Australian regulators approved China Minmetals' revised $850 million bid for OZ Minerals, but want an "arms length" takeover.
The Netherlands-based Aegon NV, one of the world's largest listed life insurance groups, said Wednesday that it has agreed to sell its Taiwanese life insurance subsidiary for EUR 65 million (US$84 million) to Zhongwei Co Ltd as part of its efforts to optimize capital allocation and returns....
France is interested in China's jumbo jet program and could supply engines, takeoff and landing gears, and electronic devices, said Anne-Marie Idrac, French Minister of State for Foreign Trade, the People's Daily reported.The minister said on Wednesday at an ongoing aerospace convention in Tianjin that Safran...
Agricultural Bank of China (ABC), the nation's third largest lender by assets and the last unlisted member of the country's Big Four state-owned banks, is seeking an overseas strategic investor, said Xiang Junbo, chairman of ABC, in an interview with The Asian Banker magazine published yesterday....
Chinese refined copper imports surged 138% in March from a year earlier to 296,843 tons, according to the statistics released by China's General Administration of Customs (GAC) on Wednesday.Last month, China imported 461,620 tons of copper concentrates, up 11% year on year, said the GAC....
Robert Bosch GmbH, the world's largest supplier of automobile components, said on Tuesday its business in China jumped 25% in 2008 despite a global economic downturn, the Shanghai Daily reported. Consolidated sales in China, which include automotive and industrial technology, consumer...
Bank of China (BOC)<601988><3988>, the nation's third-largest lender, will offer residential mortgages in UK through two key intermediary distributors, the first time for a Chinese lender to enter the UK mortgage market, the Financial Times reported.According to insiders close to the situation, BOC will ink agreements...
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd<000060>, the third-largest zinc producer in China, consented to spend US$1.89 million to acquire an additional 17% stake in its China aluminum processing joint venture (JV) with Rio Tinto, the world鈥檚 third largest miner, according to a statement the...
China's IT suppliers are clearly more optimistic than electronics manufacturers attending this spring's trade fairs in Hong Kong.
Sales at the first phase of the 105th China Import and Export Fair, widely known as Canton Fair, have declined 20.8% from the same phase of the 104th session last October to US$13.03 billion, said Mu Xinhai, deputy secretary-general and spokesman of the fair.The number of buyers attending the first phase...