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The People's Bank of China (PBOC) will issue RMB 80 billion in three-month bills in the regular open-market operations on Thursday.The central bank said in a statement that the amount of the issuance is the same as that of last Thursday. On Tuesday, PBOC issued RMB 100 billion in 28-day repurchase...

China Metallurgical Group, the parent of China Metallurgical Co Ltd<601618><1618>, will bid for BHP Billiton's failed Ravensthorpe nickel operation in Western Australia State, the Wall Street Journal reported on Friday, citing sources with knowledge of the matter as saying.Other bidders include Australia's Minara...

Feb. 19, 2009 (China Knowledge) - The Capital Group Companies Inc, one of the world's largest investment management organizations, sold approximately 3.03 million shares in BYD Co Ltd (BYD)<1211>, China's largest rechargeable batteries maker as well as automobile producer.

China has tightened control on the settlement and sale of foreign exchange by individuals to restrain abnormal cross-border capital inflow, according to a statement released by the State Administration of Foreign Exchange on Wednesday.The SAFE said that banks should reject, review or report to foreign...

China in October saw sales area of properties in 21 Chinese major cities grow 11.64% month on month and saw sales area of properties in Chongqing alone exceed 3 million square meters, according to China Real Estate Index System, which has been approved by the Development Research Center of the State...

A 95%-owned subsidiary of Sichuan Hongda Co Ltd<600331>, which is principally engaged in the chemical, metallurgical and mineral industries, on Tuesday won the bid for a piece of land in Shuangliu County, Chengdu, Sichuan Province for RMB 715 million, sources reported.The 249.12-Mu parcel has a...

Sweden-based Inter IKEA Center Group said Tuesday that it plans to build two shopping centers in China with a total investment of about US$800 million.One shopping center will be located in Daxing District in Beijing and will cost more than US$500 million. The Beijing center, which is expected to open in 2014, will...

Caf茅 de Coral Holdings<0341>, the largest Chinese fast food brand in Hong Kong, posted a net profit of HK$221.4 million in the six months ended Sept. 30, representing a rise of 10% from the same period of last year.According to the interim financial report, revenue increased 1.88% year on year to HK$2.37 billion....