SHANGHAI, Aug 17 - First Eastern, a Hong Kong-based private equity firm, aims to raise 6 billion yuan ($878 million) for yuan-denominated funds over the next 12 months to expand its investments in China. First...
NEC Corporation today announced a win for the first submarine-cable based integrated ocean observation system for the Central Weather Bureau of Taiwan. The system will be deployed in the sea off of eastern Taiwan in order to strengthen seismic and environmental observations in the area. Construction of the system is scheduled for completion in June 2011.
* Plans to invest in Wall Street bank to boosts presence * US bank will expedite fund-raising by its mid-sized clients * Reflects demand for Chinese firms to expand overseas SHANGHAI, Aug 21 - Hong...
First Eastern Financial Investment Group, a Hong Kong-based private equity firm, intends to raise RMB 6 billion through its new fully-owned mainland unit, sources reported. First Eastern (Shanghai) Investment Management, which obtained its license on Aug. 14, plans to raise the funds within the next 12 months to...
HONG KONG, May 13 - China Eastern Airlines <0670.HK><600115.SS> said it paid 2.59 billion yuan ($379.5 million) for fuel in the first quarter, 37 percent less than the 4.11 billion yuan it spent in the...
Mar.27 MetalBiz--China plans to set up the first international iron ore trade center in Rizhao, a coastal city located in eastern China, Shandong province...
China Eastern Airlines<600115><670><CEA>, the country's third-largest carrier, announced that its passenger volume fell to 37.05 million in 2008, down 5.4% from 39.16 million in 2007, the first drop in at least nine years.The Chinese carrier ascribed the decline mainly to a series of natural disasters and the...
China' s first Sino-foreign joint venture combining refining and petrochemical operations with China Petroleu and Chemical Corp., known as Sinopec began operations on Wednesday. The facility is located in Quanzhou, a coastal city in eastern China's Fujian Province. The project will enhance Fujia...
SINGAPORE, Nov 11 - Qatar Petroleum International (QPI) and Shell Eastern Petroleum Pte Ltd have sealed agreements in which QPI takes stakes in two Shell Chemicals joint ventures in Singapore, its first overseas downstream acquisition,...
BEIJING, Oct 13 - Sinopec Corp plans to start up a major petrochemical complex in eastern China's Zhejiang province by the end of the first quarter of 2010 at the earliest, industry officials said on...