China airlines’ profits decline
July 11th, 2012 - 7:27 pm ICT by IANS
Beijing, July 11 (IANS) Profits of major Chinese airline companies have declined in the first half of 2012, it was reported here Wednesday.China Southern Airlines Co. Ltd. said its net ... Read more...
Posted in Business |
Sand China gets bigger with Sands Cotai Central
April 12th, 2012 - 8:41 pm ICT by IANS
Macau, April 12 (IANS) The city welcomed over 28 million tourists from across the world in the past year. Now, footfalls could go up by 26 percent with the opening ... Read more...
Posted in Life Style |
China gets over 200 orders for homemade plane
March 6th, 2012 - 1:37 pm ICT by IANS
Beijing, March 6 (IANS) China's homemade passenger plane C919 -- scheduled to be launched in 2014 -- has received 235 orders, including from the US, an official said.Wu Guanghui, the ... Read more...
Posted in Business |
Reliance Communications pays $1,182 million to redeem FCCBs
February 29th, 2012 - 9:56 pm ICT by IANS
New Delhi, Feb 29 (IANS) Reliance Communications Wednesday said it has paid $1,182 million (Rs.5,825 crore) for redemption of all the outstanding Foreign Currency Convertible Bonds (FCCBs)."Reliance Communications has made ... Read more...
Posted in Business |
Reliance Communications gets RBI nod for refinancing FCCBs
February 16th, 2012 - 6:25 pm ICT by IANS
New Delhi, Feb 16 (IANS) Reliance Communications Thursday said it has received the Reserve Bank of India (RBI) approval to refinance the $1.18 billion (Rs.5,825 crore) of foreign currency convertible ... Read more...
Posted in Business |
China to further open economy
February 3rd, 2012 - 7:28 pm ICT by IANS
Beijing, Feb 3 (IANS) China will further open up its economy and maintain a "balanced and sustainable economic growth" in the near future, Vice Premier Li Keqiang said.The country is ... Read more...
Posted in Business |
Air China Q3 profits fall
October 28th, 2011 - 1:26 pm ICT by IANS
Beijing, Oct 28 (IANS) Air China Ltd, China's largest airline, said Friday its net profits in the third quarter of 2011 decreased 26.46 percent year-on-year due to weak international demand ... Read more...
Posted in Business |
Asian stocks fall due to Middle-East unrest, Japan quake (Part 1)
March 14th, 2011 - 5:56 pm ICT by ANI
Tokyo, Mar. 14 (ANI): Maximum Asian shares fell last week, dragging down a regional benchmark index since August, as unrest in Middle-East escalates and massive earthquake hit Japan.Chiyoda Corporation, a Japanese contractor ... Read more...
Posted in World |
China’s largest insurers guilty of three billion yuan fraud
February 2nd, 2011 - 3:02 pm ICT by ANI
Beijing, Feb 2(ANI): China's national auditor has revealed that two of the country's largest insurers committed financial misconduct involving over three billion yuan in 2009.The revelations were contained in two reports published ... Read more...
Posted in World |
China’s government insurance firms commit $455 mn fraud
February 1st, 2011 - 4:26 pm ICT by IANS
Beijing, Feb 1 (IANS) China's two leading state-owned insurance companies have been found guilty of defrauding more than three billion yuan ($455 milllion) in 2009, the country's national auditor has revealed.The ... Read more...
Posted in Business |
China’s Comac gets orders for 100 C919 jets
November 16th, 2010 - 8:52 pm ICT by BNO News
BEIJING (BNO NEWS) -- Commercial Aircraft Corporation of China, Ltd. (Comac) on Tuesday said it finalized orders for 100 150-seat C919 jets on the sidelines of the Airshow China 2010.According to Comac, ... Read more...
Posted in Business |
Agricultural Bank of China on track for record IPO
July 8th, 2010 - 12:53 am ICT by IANS
Beijing, July 7 (DPA) The Agricultural Bank of China Ltd is on track to attract a record $22.1 billion after pricing its initial public offering in Shanghai and Hong Kong, reports said ... Read more...
Posted in Business |
People’s Bank, China Announces Fall In Bond Value
May 4th, 2010 - 7:30 pm ICT by GD
By Gina Gomez
Shanghai, May 4, (THAINDIAN NEWS) The People's Bank of China sold away its one year bills today keeping its yield the same for the 14th time in a row at ... Read more...
Posted in Business |
Bank launches world’s first $150 note in Hong Kong
September 9th, 2009 - 12:06 pm ICT by IANS
Hong Kong, Sep 9 (DPA) A bank Wednesday marked its 150th anniversary in Hong Kong by launching what it claimed to be the world's first 150-dollar bank notes.
Standard Chartered Plc, one of ... Read more...
Posted in Business |
Airbus may join China’s aircraft project
September 26th, 2008 - 7:00 pm ICT by IANS
Tianjan (China), Sep 26 (Xinhua) Leading aircaft manufacturer Airbus may join China's large passenger plane project, its chief executive said Friday.The Chinese aviation market is expected to be as important as ... Read more...
Posted in Business |