HONG KONG, April 30 - China Zhongwang Holdings, Asia's largest maker of aluminium extrusion products, priced its initial public offering at HK$7 per share, three sources said on Thursday, raising HK$9.8 billion ($1.25 billion) in...
Gome Electrical Appliance Holdings Ltd<0493>, a major home appliance retail enterprise in China, reported net profit of RMB 1.05 billion last year, down 7% from the RMB 1.13 billion recorded in 2007, according the annual financial report it released on Monday.Last year, the company's revenue climbed...
* Sales fall to $5.39 billion, shy of $5.76 bln forecast * Says economic downturn largely to blame for profit miss * Merck sticks to 2009 profit view * Shares down 7 percent (Adds better...
China Guangdong Nuclear Power Group (CGNPG), one of China's two leading nuclear power developers, on Saturday said its industry investment fund has signed money-raising agreements worth RMB 7 billion for investment in nuclear and other clean energy projects, the official Xinhua News reported....
China Petroleum & Chemical Corp (Sinopec)<600028><386><SNP>, Asia's biggest oil refiner, will allocate RMB 7 billion for R&D activities this year, according to Cao Xianghong, former chief engineer of Sinopec, sources reported.The fund will be used to carry out R&D activities in exploration, oil refining and...
SHANGHAI, March 4 - China's SDIC Power Huajing Power Holdings Co <600886.SS> said on Wednesday it plans a placement of domestic A shares, worth about 7 billion yuan ($1.02 billion), to buy 100 percent of...
NEW YORK, March 2 - U.S. stocks fell on Monday as the Dow opened below 7,000 for the first time since October 1997 and a $61.7 billion quarterly loss at embattled insurer American International Group...
BRUSSELS, Feb 18 - The European Investment Bank (EIB), the EU's lending arm, will grant 7 billion euros ($8.9 billion) in loans to carmakers in the first half of 2009 for green cars, with more...
LONDON, Dec 7 - HSBC Holdings <HSBA.L> has created a $5 billion global working capital fund for small and medium-sized businesses to help them weather the credit crisis, the bank said on Sunday. One billion...
Dec 7 - U.S. congressional leaders and the White House are working to reach agreement on a rescue package for U.S. automakers of about $15 billion, less than half the amount they told Congress last...