IPG Photonics Q4 beats on China demand; sees Q1 beat
Specialised laser maker IPG Photonics said growth in China resulted in better-than-expected quarterly results and forecast first-quarter results above expectations.
China's SAIC shares to remain suspended next week
Trading in the shares of SAIC Motor Corp, China's top car maker, will remain suspended for another five working days from Monday, the company said in a filing with the Shanghai Stock Exchange on Friday.
Bankers Eye RMB Offshore Market As China Funding Costs Rise
Bankers are predicting a burgeoning offshore market for renminbi-denominated bonds as corporates increasingly turn to the Chinese currency to issue debt, making it only a matter of time before the renminbi is on a par with dollars, euros and yen.
China drafts new rules on bank capital requirements
China's banking regulator has drawn up a tough new set of capital requirement rules as part of efforts to implement Basel III guidelines, according to a document obtained by Reuters on Friday.
Chinese investment in Japanese firms surges -WSJ
China's government investors more than doubled their investments in major Japanese blue-chip companies in 2010, the Wall Street Journal said, citing investment advisory firms and people familiar with the matter.
Sinopec, Australia Pacific in 20-yr LNG deal
China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.
China moves G20 monetary seminar to Nanjing -source
China is going ahead with a G20 seminar on March 31 to develop ideas on reshaping the global monetary system, but has moved it to the city of Nanjing, near Shanghai, a French government source said on Friday.
China Unicom to issue $2.4 bln in short-term paper
A unit of China Unicom (Hong Kong) Ltd, the country's No.2 mobile operator, will make a 16 billion yuan ($2.4 billion), 180-day short-term commercial paper issue, sources said on Friday.
China evacuates 12,000 from Libya, sends frigate to help
China has so far evacuated 12,000, or about a third, of its citizens from turmoil in Libya, many of them workers for Chinese-run projects and businesses in the oil-rich nation, official media said on Friday.
Perennial China to raise $860 mln in S'pore IPO
Perennial China Retail Trust lodged the prospectus for its planned S$1.1 billion ($861 million) initial public offering in Singapore, in what is likely to be the first of several large asset-backed trust IPOs in the city-state.
U.S. envoy's name blocked in latest run-in with China
China has blocked a microblog search of the name of the U.S. ambassador after he was seen near a pro-democracy gathering, the latest in a series of run-ins between a possible U.S. presidential candidate and the Communist Party.
Taiwan stocks rise, but builders down on tax proposal
Taiwan stocks rose 0.66 percent on Friday, with exporters like smartphone maker HTC up amid hopes the weaker Taiwan currency will bring in forex gains and help them compete better with Korean and other overseas rivals.
HK stocks seen rangebound despite earnings results
Hong Kong stocks may receive respite from good corporate results on Friday, but will remain under pressure and will likely trade in a narrow range, weighed down by concerns about volatile oil prices and ongoing turmoil in the Middle East.
Huawei calls on U.S. government to investigate it
China's Huawei Technologies Co has challenged the United States to launch a formal investigation into its business, in an attempt by one of the world's largest telecommunications equipment makers to clear its name from allegations that have blocked U.S. deals.
China to streamline startup refinancing rules -report
China's securities regulator plans to review refinancing rules for companies listed on the Nasdaq-style ChiNext board, the official Securities Times reported on Friday.
LinkedIn access in China disrupted amid protest calls
Access to the professional networking site LinkedIn was disrupted in China on Thursday, following online calls on other sites for gatherings inspired by protests against authoritarian regimes across the Middle East.
Minus a partner, Accel puts energy in China cleantech
Accel Partners is planning to raise $2 billion in new funds and invest more broadly into energy opportunities in China, VentureBeat has learned, even as Peter Wagner, the man who led its cleantech efforts, is leaving the company.
Taiwan OKs Chinese investment in chips, LCDs-sources
Taiwan's government has approved a plan to allow Chinese firms to invest in the island's key semiconductor and LCD panel makers in the latest sign of deepening economic ties between the political rivals.
CNPC, Chevron build capacity in joint China gas project
CNPC and Chevron have started building gas production capacity at the Chuandongbei gas field in southwestern Sichuan province, the top Chinese oil and gas firm said on Thursday, more than three years after they inked a cooperation deal.
LinkedIn site disrupted in protest-wary China
Access to the networking site LinkedIn was disrupted in China on Thursday, following online calls on other sites for gatherings inspired by protests against authoritarian regimes across the Middle East.
Sun Hung Kai, Guoco said to be tapped for $3 bln fund
A Chinese state company has tapped Sun Hung Kai Properties Ltd and Guoco Group Ltd as potential investors for a fund that aims to raise up to 20 billion yuan ($3.1 billion) to develop Shanghai's Bund district, a source said on Thursday.
China's Bank of Shanghai eyes listing in 2011 -paper
The Bank of Shanghai has submitted its listing application to the banking regulator and is targetting an initial public offering (IPO) this year, the Shanghai Securities News reported on Thursday, citing a government official.
China banks drop discounts for first home buyers in Beijing
China's top five banks have scrapped mortgage rate discounts for first home buyers in Beijing, the official China Securities Journal said on Thursday, as part of efforts to cool a red-hot property market.
China study finds EU subsidized telecom firms: report
A Chinese government study has found the European Union offered large subsidies to telecom firms in what Beijing might deem a violation of World Trade Organization rules, the Wall Street Journal reported on Thursday, citing a person familiar with the matter.
China sees growth risk, not inflation, in oil surge
Soaring oil prices will have little impact on Chinese consumer inflation, but will place considerable cost pressure on the country's manufacturers, a government adviser and ministry official said on Thursday.
Taiwan, China to hold more talks on individual tourism
Taiwan and China will hold another round of talks in late March on a plan to allow individual travellers from China to visit Taiwan, a move that many see as a huge lift for Taiwan's economy.
As inland China grows, contest intensifies for labour
He Shuaixing shakes his head listening to the pitch from a job recruiter on a cold wet day in a factory district outside Shenzhen , epicentre of China's export machine.
Access to LinkedIn disrupted in China-users
Access to LinkedIn, a social networking site aiming for a $175 million initial public offering, was disrupted in China on Thursday, according to several Internet users.
Global banks target booming Shenzhen IPOs in China
Western investment banks are keen to underwrite more IPOs on China's Shenzhen exchange this year as a surging economy turns the once insignificant market into a fundraising hotbed.
China ex-c.bank adviser calls for closer E.Asia ties
A former Chinese central bank adviser and influential economist on Thursday called on East Asian economies to form a stronger alliance to deal with issues such as the United States' weak fiscal position.