Gome dismisses special panel as Huang crisis is over
2009-07-11 11:02:31
Gome Electrical Appliances Holdings, one of the leading home appliance retailers in China, has dismissed its special action commission, ending the crisis incurred by its former Chairman Huang Guangyu.
China Eastern merger plan may be released next week
2009-07-10 12:57:00
The details of a restructuring plan between China Eastern Airlines and Shanghai Airlines are likely to be announced next week, according to Liu Shaoyong, chairman of China Eastern.
Baosteel's top slot facing threat from Hebei Steel
2009-07-10 08:05:51
Following a major restructuring late last year, Hebei Steel has overtaken industry "dragon head" Baosteel in terms of output, giving it the clout to share the platform with the Shanghai producer in price setting and negotiations with overseas ore suppliers.
Okay Airways may face flight suspension again
2009-07-08 16:06:41
Okay Airways, China's first private air carrier, has received a written notice from regulators urging it to settle down its internal disputes, as soon as possible, triggering rumors that the firm's business could be suspended again.
China Eastern wants to gain more market share in Beijing
2009-07-07 18:00:29
China Eastern Airlines is now taking a step to strengthen its position in the Beijing market, which is dominated by its bigger rival Air China.
China Unicom invests 20b in Shanghai to expand network
2009-07-07 16:40:53
Telecom operator China Unicom is investing 20 billion yuan ($2.93 billion) in Shanghai over the next three years to expand and upgrade its network in the city.
China begins construction of R&D center for large aircraft program
2009-07-07 16:16:50
China began construction of its research and development center for large aircraft on Monday in the eastern business hub of Shanghai.
Touchmedia's taxi ad wide ambition
2009-07-03 16:31:43
Touchmedia, Shanghai-based in-taxi interactive media company, has been seeing great success lately, winning awards and making large profits, despite the global economic downturn.
ASA Group to create Thailand's 1st VIP airport terminal
2009-07-02 17:47:33
Airports of Thailand, a public company that handles six Thai international airports, has given the go-ahead for Hong Kong-based ASA Group to develop Thailand's first world-class fixed base operation (FBO) at Phuket International Airport.
Air China launches Beijing-Lhasa direct flight
2009-07-02 13:37:45
Air China, the nation's biggest carrier, said Wednesday it will launch the nation's first direct flight between Beijing and Lhasa, the capital city of southwestern Tibet Autonomous Region, beginning July 10 to promote tourism.
Shanghai Airlines says to retain brand after merger
2009-06-30 20:18:36
Shanghai Airlines said Tuesday it would become a wholly-owned subsidiary of China Eastern Airlines and retain its brand.
Chinalco to buy new shares in Rio Tinto post rights issue
2009-06-30 08:02:29
Chinalco has decided to participate in the $15.2-billion rights issue of global miner Rio Tinto.