Jaguar Land Rover Auto Trade (Shanghai ) Co,.Ltd . will recall imported 2010 Jaguar XF sedans which were produced between October 22, 2008 and September 24, 2009. The General Administration of Quality Supervision, Inspection and Quarantine said Thursday that 704 vehicles were in the China market....
The gross output of the TFT-LCD industry in the third quarter grew 25.7% from the second quarter of this year to NT$401.1 billion, according to statistics released by the Industrial Technology Research Institute of Taiwan, sources reported. The panel industry generated NT$290.59 billion of gross output in the third...
Mainland real estate developer Fantasia Holdings Group Co<1777> raised HK$3.18 billion via an initial public offering in the Hong Kong Stock Exchange, according to sources familiar with the matter. The Shenzhen-based company, which focuses on building luxury apartments and is set to begin trading on the...
Burberry Group plc, a British luxury fashion house of clothing and fashion accessories, is planning to expand the number of franchised stores to 100 in China in the next few years, in a bid to boost its presence in the country, the official Xinhua News Agency reported on Wednesday, citing CEO Angela...
Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd<0001>, has raised his stake in Cheung Kong to 40.57% from the previous 40.54%, according to a statement the property developer filed with the Hong Kong Stock Exchange.Data from the bourse operator showed that Li on...
Korean automaker Hyundai Motor Co. said Wednesday its Indian operations will reap in more profits than its Chinese ones next year. Both countries have played important roles for Hyundai to become one of the top five biggest automakers in the world. "During the last 13 years that we have been in I...
Audi's first 10 months of sales in China has surpassed its sales for the entire 2008, leading the company to expand its sales network in the rapidly growing auto market to 210 by 2012. Nationwide, Audi has 149 dealers. The German automaker under Volkswagen sold 121,946 units from January to Octob...
Sinopec<600028><0386><SNP>, Asia's largest oil refiner, predicts that its natural gas output will increase 50% to 12 billion to 13 billion cubic meters next year, according to a senior official of the Chinese oil giant. Xie Dan, vice president of Sinopec's gas unit, said that the company is estimated to produce more than 8...
Taiwan-based Advanced Semiconductor Engineering Inc, one of the world's largest independent providers of integrated circuit packaging services, has obtained the board's approval to make a tender offer for Universal Scientific Industry Co, sources reported.ASE CFO Joseph Tung said the deal will be divided into...
The Wharf (Holdings) Ltd<0004>, a property subsidiary 50% owned by Wheelock and Co Ltd<0020>, on Monday sold an 87.5% stake in Beijing Times Square and a shareholder loan to a Beijing-based infrastructure investment firm for RMB 2.28 billion and RMB 4.27.7 million, respectively, or RMB 2.7 billion...