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...
Microsoft Corp recently launched tech support and consulting services in Taiwan for its new operating system, Windows 7, as part of its effort to popularize the new OS, sources reported. Microsoft Taiwan on Monday launched tech support services for users experiencing problems with the new OS....
Pou Sheng International (Holdings) Ltd<3813>, the retail arm of footwear maker Yue Yuen Industrial (Holdings) Ltd<0551>, is likely to post a loss for the 2009 fiscal year ended Sep. 30, said the company in a statement on Tuesday....
Skoda Superb Volkswagen AG has sold over 100,000 Skoda units in the Chinese market so far this year, according to the website China knowledge. Due to the rapidly growing market boosting the auto industry, sales of Skoda increased 93 percent from a year earlier to 95,677 units. Volkswagen said in ...
Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong (Holdings) Ltd<0001>, has raised his stake in Cheung Kong to 40.54% from the previous 40.53%, according to a statement the property developer filed with the Hong Kong Stock Exchange.Data from the bourse operator showed that Li on Nov....
U.S.-based financial holding company JPMorgan Chase & Co has cut its shareholding in China Coal Energy Company Ltd<601898><1898> to 7.7%, according to the Stock Exchange's SDI information. According to data released by the Hong Kong Stock Exchange, JPMorgan on Nov. 10 sold 16.94 million H...
Qualcomm Inc, a U.S.-based wireless telecom research and development company, is set to launch a TD-SCDMA wireless chip in mainland China next year, CEO Paul Jacobs said on Tuesday, Dow Jones Newswires reported.The company expects revenue from the Chinese market to increase in the next few...
Compared with this year鈥檚 September sales, China's October vehicle sales declined 7.92 percent. October was the eighth consecutive month for the world鈥檚 No.1 auto market to reach 1 million vehicle production and sales. The Chinese auto industry also set a record in October by breaking through...
Swedish auto maker Volvo Group said on Monday that it has signed an agreement to sell its entire stake in Jinan Huawo Truck Corp to its Chinese partners, Reuters reported.Under the agreement, China National Heavy Duty Truck Group and Sinotruk (Hong Kong) Ltd<3808> will take over the 50% stake that Volvo holds...