China Peak, the country's leading basketball equipment manufacturer, has received investment funds of US$60 million from Sequoia Capital China, CCB International, and Legend Capital, sources reported.The investment testifies to the strength of the company's international strategy and sales concept, said Xu...
PEAK had news press conference with NBA officers announcing the new signings with five NBA players.
* Oil tumbles 3 pct on profit taking * Grains slump on yield-boosting weather * Copper retreats after recent rally, China concerns * Dollar slips on upbeat US data CHICAGO, Aug 25 - Major commodities...
SYDNEY, Nov 23 - Global miner Rio Tinto <RIO.AX> <RIO.L> expects to receive at least $741 million from the flotation of its U.S. coal-mining unit, Cloud Peak Energy Inc <CLD.N>, on the New York Stock...
* Q1 cash earnings A$1.4 bln * Says bad-debt cycle has peaked * Australian wealth and retail drives earnings * Says pace and extent of economic recovery remain unclear * Shares up 3.9 percent (Refiles...
* Q1 cash earnings A$1.4 bln * Says dad-debt cycle has peaked * Australian wealth and retail drives earnings * Says pace and extent of economic recovery remain unclear * Shares up 3.9 percent (Recasts...
SYDNEY, Nov 9 - Commonwealth Bank of Australia Ltd (CBA) <CBA.AX>, the nation's second-biggest lender, believes the bad-debt cycle is likely to have peaked, Chief Executive Ralph Norris said on Monday. CBA said in a...
* Westpac outlook the most confident of local banks * Says peak of bad debt cycle reached * H2 cash profit falls 10.5 pct, result above forecast * Says not actively scanning for acquisitions (Adds...
* Dollar dips, boosting metals * Investors weigh weak U.S. data, strong corporate earnings * Zinc touches 16 month peak LONDON, Oct 20 - Copper rose to its highest level in more than a year...
LONDON, Oct 20 - The chief executive of U.S. oil major ConocoPhillips said he expected it will be hard for crude supply to meet demand in the years ahead, with output possibly peaking below 100...