Global miner Rio Tinto scrapped its proposed $19.5 billion tie-up with Chinese firm Chinalco on Friday and instead launched a heavily discounted $15.2 billion right issue.
Chinalco may walk away from its planned $19.5 billion deal with Rio Tinto following weeks of wandering over the terms of the transaction.
Akira Kubota replaced Shizuo Takashino as board chairman of Sony (China) Co. Ltd. on June 1, 2009, Sony China said in a statement.
A carbon capture boom is unlikely near term in China, the world's top greenhouse gas polluter, because its coal-burning plants are inefficient, said global warming activist Al Gore.
Charles Xiaojia Li, former chairman of JP Morgan, was appointed on Wednesday as Chief Executive of Hong Kong Exchanges and Clearing, making the first head of the bourse with a mainland background.
China security has tightened Tiananmen Square with hundreds of police on Thursday to prevent any commemoration of the crackdown on pro-democracy protesters 20 years ago.
Cradling candles, laying wreaths and clad in black or white, Hong Kong residents transformed a downtown park into a speckled sea of flickering lights, in remembrance of the hundreds of pro-democracy demonstrators and students crushed by tanks and troops near the square two decades ago.
North Korea will put on trial on Thursday two U.S. journalists it says illegally entered the country with hostile intent in a contentious case that comes as Pyongyang faces international anger for last week's nuclear test.
China smothered Tiananmen Square with police on Thursday to prevent commemoration of the crackdown on pro-democracy protesters 20 years ago, as Washington demanded Beijing account for those killed.
When men speak of the future, the gods laugh, runs an old Chinese proverb.
Alibaba.com, China's top e-commerce company, has released eight cornerstone investors from the original 2-year lock-up, allowing the immediate sale of a total of 157.8 million shares.
The world's biggest wind farm, China's Rudong, is unlikely to blow any business the way of foreign turbine manufacturers such as Vestas, Gamesa and Suzlon, according to local officials.
Chinese state-owned metals firm Chinalco may revise its planned $19.5 billion investment in miner Rio Tinto before a June 14 deadline to avoid further delays in Australian government approval, two sources close to the deal said on Thursday.
Wind farm costs have fallen significantly for companies big enough to finance their own projects as the economic crisis cripples competitors for turbines, an executive from RWE Innogy said on Wednesday.
Most global industrial companies that emit a lot of greenhouse gases are not adequately detailing their climate strategies in U.S. financial filings, two studies by environmental and investment groups showed on Wednesday.
Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the U.S. economy on Wednesday but warned that corralling government debt was vital to ensuring the nation's long-term health.
As the 20th anniversary of the June 4 demonstration approaches, Tiananmen still remembers the cruel crackdown on pro-democracy protesters. Hundreds of people were killed on June 4, 1989.
Wu'er Kaixi, one of the best known dissidents from the Tiananmen Square protests in Beijing 20 years ago, tried to reach China via Macau Wednesday but was refused entry, Taiwan authorities said.
Chinese security forces blanketed Tiananmen Square on Wednesday ahead of the 20th anniversary of the June 4 crackdown on pro-democracy protesters, and a day after Twitter and other Internet services in China were blocked.
HSBC Holdings Plc , which last month became one of the first foreign banks allowed to issue Chinese currency bonds in Hong Kong, said on Wednesday it is also preparing for yuan bond issuance in China.
Wall Street and European banks have long sat atop the rankings for arranging initial public offerings across Asia.
HSBC Holdings Plc and Standard Chartered Bank said on Wednesday that they were preparing for yuan-denominated bond issuance in China to help the country develop its local-currency financial markets.
