Shares in PetroChina, which raised $9 billion in the world's biggest initial public offer this year, are set to double their price when they list in Shanghai on Monday, buoyed by the company's position in the world's second biggest energy market.
Mazda Motor Corp posted a 1.5 percent rise in quarterly operating profit as a weaker yen, cost cuts and sales growth offset a cutback in shipments to North America, and kept its full-year profit forecast unchanged.
Asian markets fell sharply Friday, hurt by a sell-off on Wall Street.
Market forces are coming up against China's command of the economy, and central planners seem to be bending, just a bit.
VMware Inc, a global leader in virtualization software, said on Thursday it hopes to expand rapidly in China, a market where it has only recently established a toehold.
Hyundai Motor KS, South Korea's top auto maker, plans to boost struggling China and U.S. sales with another factory and new models but investors reacted with skepticism, sending its shares down almost 5 percent.
Lenovo, battling Acer Inc for the mantle of world's No. 3 PC maker, smashed expectations with a near-tripling in quarterly earnings thanks to robust PC demand and market share gains.
A senior U.S. official said on Thursday Russia and China had been blocking tough U.N. sanctions against Iran for months but there would be a push to impose them if Tehran had not suspended nuclear activity within two weeks.
On October 30th, Nokia Siemens Communications Corporation (Nokia Siemens) declared that they will fire 350 people in China before year 2008, which is the part of their global restructuring plan.
Wall Street bankers are flocking to the Middle East, and it's not for oil or the balmy weather.
Buddhist monks in Myanmar staged a protest march on Wednesday, their first since soldiers crushed a pro-democracy uprising a month ago, as U.N. special envoy Ibrahim Gambari prepared a return visit to the former Burma.
Financial markets will take a few more months to recover from the credit crisis but the global economy was likely to withstand the shock, Standard Chartered Bank's Mervyn Davies said on Wednesday.
Bombardier Inc said on Wednesday that its Chinese joint venture received an order for 640 high-speed train cars from the Chinese Ministry of Railways.
Facebook, the social networking Internet site that is sweeping the globe with a quarter million new members every day, has targeted the world's second-largest Internet market, registering a local Web address in China.
A team of U.S. experts is heading to North Korea to help ready steps to disable a key nuclear complex, senior U.S. envoy Christopher Hill said in Beijing, where he was due to meet his Pyongyang counterpart.
In the wake of recalls of millions of products manufactured in China, some US consumers have become wary.
A computer developed for the world's poor children, dubbed the $100 laptop, has reached a milestone: It is now selling for $200.
North Korea is on track to disable its nuclear program by the end of this year as its differences with the United States have mostly been resolved, a U.S. envoy said on Tuesday.
Dishes, toys, jewelry and backpacks that have not yet been recalled all carried worrisome levels of lead, the nonprofit Consumers Union said on Monday.
China is tightening application procedures for firms seeking to manufacture drugs, state media reported on Monday, following a rash of scandals over fake medicines and corruption in the industry.
Mitsubishi Electric Corp on Monday posted a better-than-expected 38 percent rise in first-half operating profit, helped by strong sales of power systems and elevators to emerging nations, and it raised its full-year outlook by 17 percent.
China has the world's largest commercial bank, its biggest aluminum maker, its No. 2 oil firm and its fourth-largest investment bank. It has five of the world's 10 biggest companies, versus three for the United States.
