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The Internet company's unauthorized digitization of Chinese books angers authors and writers' organizations

Cathay Life Insurance Co, the life insurance arm of Taiwan-based Cathay Financial Holding Co, said that it has acquired a commercial building on the island for NT$2.99 billion, sources reported.The ten-year building is on Section 4 of Zhongxiao East Road, one of Taipei's prime districts, will be rented back to the...

Toyota Motor said it expects its China sales growth to slow next year, after strong gains in 2009 fueled by government incentives aimed at boosting the national auto sector during the global downturn. Toyota's China sales should rise about 17 percent to 700,000 vehicles this year from 600,000 in ...

Asimco Technologies, a major foreign-invested automotive components maker founded by Wall Street veteran Jack Perkowski in Beijing 15 years ago, is up for sale in a deal that could fetch over $200 million, people involved in the potential deal said Tuesday. Asimco is currently the largest indepen...

General Motors Co. said its China sales growth will decrease dramatically next year as the incentives brought on by the government will expire by the end of the year. The automaker expects China sales to rise 15 percent in 2010 compared with a 50 percent increase in 2009, Kevin Wale, president of...

Stellar Megaunion Corp<000892>, previously a communication service provider, yesterday announced that it plans to enter the property market by issuing shares in exchange for two property subsidiaries belonging to Guilherme Holdings (Hong Kong) Ltd, sources reported.The new shares will be sold at RMB...

A manufacturing facility of Link Orthopedics (China) Ltd, a subsidiary of Germany-based artificial joint maker Waldemar Link, recently started production in the Beijing Economic-technological Development Area, or BDA.The plant, the first foreign-invested artificial joint manufacturer in China, covers a land area of...

JPMorgan Chase & Co., announced Monday it has hired Shao Zili, a managing partner at Linklaters' Asia, an international law firm, to be chairman and chief executive of its China operations. Shao, 50, succeeds Charles Li's position, which has been vacant since Li left as chairman of JPMorgan China...

U.S.-based financial holding company JPMorgan Chase & Co said on Monday that it has hired Shao Zili, Asia managing partner of international law firm Linklaters, to take charge of its business in China, the Financial Times reported.Shao, one of the leading corporate lawyers in Asia, will take office as chairman...

U.S.-based financial holding company JPMorgan Chase & Co has cut its shareholdings in China Resources Enterprise Ltd<0291> to 5.92%, according to the stock exchange's SDI information.According to statistics released by the Hong Kong Stock Exchange, JPMorgan on Nov. 18 sold 2.05 million shares of...