Baidu to build on strong growth in mainland mobile search market
Baidu, owner of China’s dominant search engine, expects strong growth in demand for its mobile services this year, after computer-based operations drove a better-than-expected increase in fourth-quarter profit. Home/Business/Markets…
100 HK employees axed by Daiwa Securities
Daiwa Securities, Japan’s No2 brokerage by revenue, gave its Hong Kong office a nasty shock on Wednesday – letting more than 100 employees go in one of the largest lay-offs…
EU trade chief hails Wen pledge of more help
The European Union’s trade chief has welcomed Beijing’s decision to take a greater role in resolving the euro-zone debt crisis, saying it "will make a difference". After attending the 14th…
US firms less upbeat about China
United States businesses, facing rising production and labour costs in China, are feeling less optimistic about their business outlook in the world’s second-largest economy. Rising costs topped the list of…
N Zealand court halts farm sales to Chinese
A New Zealand court yesterday halted the first sale of dairy farms to Chinese investors, the latest twist in a saga that is dividing a country reliant on agriculture for…
China Everbright to try 3rd time lucky
China Everbright Bank is making its third attempt to go public in Hong Kong as the mid-sized state lender seeks to boost its capital base amid tightening regulatory controls on…
China Gas rejects bid by offeror to meet board
The unsolicited US$ 2.2 billion takeover bid for piped-gas supplier China Gas is heating up after the offeror sought but failed to meet the gas company’s board. Home/Business/Markets…
Beijing fast-tracks opening up of A-share market
Beijing has fast-tracked approvals for foreign institutions’ equity investments in the mainland’s off-limits A-share market, in an apparent effort to shore up investor confidence. Home/Business/Markets…
