Compal Electronics Inc, the world's second largest contract maker of laptops in terms of shipments, will subscribe up to NT$7 billion in new common shares from Chunghwa Picture Tubes Ltd via a private placement, according to the latter's announcement yesterday.Compal will buy 2.8 billion shares of...
SHANGHAI, July 13 - China Eastern Airlines said on Monday it would merge with Shanghai Airlines in a share swap and issue A shares and H shares worth about 7 billion yuan ($1.03 billion) to...
Greentown China Holdings Ltd<3900>, which is primarily engaged in residential property development, announced that its sales revenue hit RMB 7 billion in June, a year-on-year jump of 539% or a month-month growth of 13%, sources reported. Last month, the Hong Kong-listed firm sold 450,000 square meters (sq...
WASHINGTON, June 19 - The U.S. Justice Department announced criminal charges against Texas billionaire Allen Stanford and four associates on Friday in a $7 billion fraud scheme they say bilked tens of thousands of investors....
KUALA LUMPUR, June 9 - Airlines project that carbon trading will cost the global industry around $7 billion a year from 2020, from when the sector has pledged to grow without adding to greenhouse emissions....
Longfor Group, a Beijing-headquartered property enterprise, recorded sales revenue of more than RMB 7 billion in the first five months of this year, with sales revenue amounting to RMB 2 billion in May alone, source reported.In the period from January to May, the real estate developer reaped RMB 2.4 billion in sales revenue...
NEW YORK, May 7 - Citigroup said on Thursday it is looking to exchange another $5.5 billion of preferred securities for common stock to fill its capital shortfall after a government stress test. U.S. regulators...
BEIJING, May 7 - Chinese banks extended a total of 632 billion yuan ($92.7 billion) in new local-currency loans in April, according to banking sources. Chinese state media earlier this week put the figure at...
BEIJING, May 7 - Chinese banks extended a total of 632 billion yuan ($92.7 billion) in new local-currency loans in April, according to banking sources. Chinese state media earlier this week put the figure around...
HONG KONG, May 7 - Anheuser-Busch InBev on Thursday said it agreed to sell South Korean subsidiary Oriental Brewery to Kohlberg Kravis Roberts & Co. for $1.8 billion, allowing the world's largest brewer to repay...