Management

Russia's Largest Gold Miner Cancels 15% Equity Sale to China's Fosun

Russia's Largest Gold Miner Cancels 15% Equity Sale to China's Fosun

Russia's largest gold mining concern, Polyus Gold International Ltd., has called off an agreement to sell 12,519,000 of its shares…

Jan 16, 2018
Xu Wei
Rescue Workers Board Sanchi for First Time Since It Collided With Another Ship

Rescue Workers Board Sanchi for First Time Since It Collided With Another Ship

Rescue workers have boarded the ill-fated oil tanker MV Sanchi for the first time following its collision with another ship about a week ago.

Jan 13, 2018
Tang Shihua
Shanghai Web Watchdog Shuts Chinese Versions of Marriott’s Site, App

Shanghai Web Watchdog Shuts Chinese Versions of Marriott’s Site, App

Shanghai’s internet regulator sternly admonished Marriott International Inc. and Shanghai Marriott Hotels & Resorts yesterday, China Central Television reported.

Jan 12, 2018
Liao Shumin
LeEco Founder Jia Yueting Sells His Stake in Smartphone Unit Coolpad to Pay Debts

LeEco Founder Jia Yueting Sells His Stake in Smartphone Unit Coolpad to Pay Debts

Jia Yueting, founder of financially-troubled Leshi Holding and LeEco brand, has sold all shares of Coolpad Group Ltd. he owned…

Jan 12, 2018
Liao Shumin
Japan’s Nitto Denko Denies It Closes Suzhou Factory in China

Japan’s Nitto Denko Denies It Closes Suzhou Factory in China

Japan’s polarizing film giant Nitto Denko Corporation denied reports that it closed its Suzhou factory. Nitto Denko is positive about…

Jan 12, 2018
Xu Wei
IRICO Display Devices and Corning to Establish USD60-Million Joint Venture

IRICO Display Devices and Corning to Establish USD60-Million Joint Venture

Shaanxi-headquartered Liquid Crystal Display maker IRICO Display Devices [SHA:600707] will establish a joint venture with American glass manufacturer Corning Inc.[NYSE:GLW]…

Jan 12, 2018
Dou Shicong
Fosun Pharma Announces Plan to Up Innovation at Home, Abroad

Fosun Pharma Announces Plan to Up Innovation at Home, Abroad

Shanghai Fosun Pharmaceutical (Group) Co. [SHA:600196] will contribute CNY102 million (USD15.6 million) to its subsidiary, Shanghai Futuo Biotech Development Co.,…

Jan 11, 2018
Di Ning
Leshi Mobile’s Suppliers Ask Jia Yueting’s Relatives to Repay USD1.53 Billion Debt

Leshi Mobile’s Suppliers Ask Jia Yueting’s Relatives to Repay USD1.53 Billion Debt

Suppliers of Leshi Mobile Intelligent Information Technology Beijing Co., a unit of the embattled LeEco brand, appealed yesterday to the…

Jan 11, 2018
Dou Shicong
China’s Spring Airlines Signs USD2.9 Bln Deal With French JV During Macron’s Visit to Buy 126 Aircraft Engines

China’s Spring Airlines Signs USD2.9 Bln Deal With French JV During Macron’s Visit to Buy 126 Aircraft Engines

China and France signed agreements on a series of economic and trade cooperation projects during French President Emmanuel Macron’s state…

Jan 10, 2018
Liao Shumin
Court Case Involving Sinovel Wind Group Starts Amid Growing US-China Intellectual Property Tension

Court Case Involving Sinovel Wind Group Starts Amid Growing US-China Intellectual Property Tension

A court case over an alleged theft of wind turbine technology involving China’s Sinovel Wind Group Co., the world’s second…

Jan 9, 2018
Dou Shicong
No Mainland Airline Listed Among Asia Pacific’s 20 Most Punctual Last Year

No Mainland Airline Listed Among Asia Pacific’s 20 Most Punctual Last Year

Hong Kong Airlines Ltd. was the most punctual airline in the Asia-Pacific region and the second most punctual globally, behind…

Jan 8, 2018
Chen Shanshan
Lotte’s China Store Selloff Falls Through as Emergency Funds Dry Up

Lotte’s China Store Selloff Falls Through as Emergency Funds Dry Up

South Korean-Japanese conglomerate Lotte Group’s plans to sell its Lotte Mart stores in China have fallen through just as its emergency cash injection is running out.

Jan 5, 2018
Xu Wei

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