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Source: Xinhua Published: May 15, 2012 09:27
China Vanke, the country's largest property developer by market value, said late Monday that it has agreed to acquire a Hong Kong-listed real estate developer to aid in its overseas expansion efforts.
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Source: Xinhua Published: May 15, 2012 09:26
China's consumer quality watchdog said Monday that Renault will recall a total of 1,272 imported Scenic 2.0-model cars in China starting on Tuesday.
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Source: Global Times-Agencies Published: May 14, 2012 23:49
State-owned China Nonferrous Mining Corp (CNMC) is looking to raise HK$2.44 billion ($313 million) through a sale of shares in a Hong Kong listing, IFR reported Monday.
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Source: Global Times - Agencies Published: May 14, 2012 23:49
Consumer goods exporter Li & Fung, whose global distribution and trading centers make it a barometer of consumer sentiment, said Monday that it does not expect slower economic growth in China to have any impact on orders.
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Source: Global Times-Agencies Published: May 14, 2012 23:45
China Mobile International said Monday that it believes the US authorities could deal with its application for an international-service license in a legal way, after media reports said US officials were wary the license could help China spy on the US more easily.
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Source: Reuters Published: May 14, 2012 23:45
JPMorgan will move to limit the fallout from a shock trading loss that could reach $3 billion or more by parting company with three top executives involved in its costly failed hedging strategy, sources close to the matter said.
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Source: AFP Published: May 14, 2012 23:45
Japan Airlines (JAL), which went bankrupt two years ago in one of the country’s biggest ever corporate failures, yesterday logged an annual net profit of $2.33 billion, thanks to cost-cutting efforts.
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Source: AFP Published: May 14, 2012 23:45
The European railway operator Eurostar, which now links Brussels, London and Paris, is mulling a rapid expansion of its network across Europe, the Financial Times reported Monday.
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Source: Global Times Published: May 14, 2012 23:45
Fast food giant McDonald's Corp Monday confirmed that the company has increased prices of some of its menu items in China, a second price hike by the company within this year.
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Source: Reuters Published: May 14, 2012 23:45
Investors sent Yahoo Inc shares up 1.6 percent in premarket trading yesterday after the exit of Chief Executive Scott Thompson.
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