China's urban fixed asset investment surged 33.1% year on year to RMB 15.07 trillion in the first ten months of this year, according to statistics released by the National Bureau of Statistics today.The growth rate is 5.9 percentage points higher than in the same period of last year, but 0.2 percentage points lower...
Intel Capital, the investment arm of the world's leading internet products and services provider Intel Corp, and two other investment funds, Morningside Group and Bertelsmann Asia Investments, have jointly invested US$25 million in Phoenix New Media, an Internet venture controlled by Hong Kong broadcaster...
Hamon Investment Group Pte Ltd, an independent asset management firm specializing in Asian investments, on Nov. 4 raised its stake in Chongqing Machinery & Electronics Co<2722> to 6.24% from the previous 5.79%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. HKEx...
China Investment Corporation (CIC), the country's sovereign-wealth fund, announced Friday that the company will invest $1.58 billion in US-based power giant AES Corporation. According to CIC's announcement, it will purchase 125.5 million shares of AES at the unit price of $12.6 per share. After t...
Brilliance Auto, the China-Africa Development Fund and Bavarian Auto Group (BAG) will invest $75 million to build Brilliance Egypt Automotive Manufacturing Co., Ltd. and Brilliance Egypt Automotive Sales Co., Ltd in the Economic and Trade Cooperation Zone of Egypt. The three sides signed the stra...
BEIJING, Nov 9 - Morgan Stanley is seeking a buyer for its 34 percent stake in investment bank China International Capital Corp, Wei Sun Christianson, the U.S. bank's China chief executive, said on Monday. Private...
* RBS Q3 loss 1.5 billion stg vs 3.5 bln stg in Q2 * Impairments drop 30 percent from Q2, seen "plateauing" * Investment bank profits slump 67 pct to 325 mln stg * Shares...
Zhejiang Dun'an Artificial Environmental Equipment Co Ltd<002011>, which specializes in refrigeration equipment, plans to invest RMB 1.88 billion to start a photovoltaic project with a designed annual output of 3,000 tons of polycrystalline silicon, sources reported.The Shenzhen-listed firm will set up a wholly-owned...
The nation's investment in overseas markets tumbled nearly 50 percent for the first nine months of this year from a year ago, as Koreans shunned taking risks abroad due to lingering uncertainties surrounding the global economy. The Ministry of Strategy and Finance reported Wednesday that the country's foreign direct investment (FDI) abroad
China's Ministry of Industry and Information Technology said on Tuesday that investment in 3G technology had reached RMB 96.1 billion so far this year, the Shanghai Daily reported.In the first half, the country's big three telecom operators, China Mobile Ltd<0941><CHL>, China Unicom (Hong Kong)...