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ICBC is world's most profitable bank

2011-07-04 14:10:12

Three banks in China have jumped into the top ten ranking of the world's best 1,000 banks, according to the UK magazine Banker.

Wanda's 500m yuan to boost Chinese soccer

2011-07-04 14:07:20

Fresh from the recent disappointment of its Olympic team failing to qualify for next year's London Games, the Chinese Football Association (CFA) launched a huge salvage campaign on Sunday by reaching a multi-million-dollar deal with a domestic company to support a new youth development program.

PBOC vows to enhance reform of financial system

2011-07-04 13:17:33

The People's Bank of China (PBOC), the country's central bank, vowed on Sunday to improve financial regulation and boost the reformation of the country's financial system.

Estee Lauder Group raises cosmetic prices

2011-07-04 13:12:57

From July 1, Estee Lauder Group has raised the prices of its cosmetic brands,which include Estee Lauder, Clinique, MAC and Origins, by eight percent to ten percent on average, The Beijing News reported Monday.

Year-to-date sales surge for major developers

2011-07-04 13:11:04

Sales of China's top 10 property developers totaled 332.3 billion yuan ($49.41 billion) in the first half of 2011, up 80 percent year-on-year, the China Securities Journal reported Monday, citing a report of the China Real Estate Information Corporation.

Oil price trend remains up

2011-07-04 10:47:36

Oil is a slippery substance easily held hostage to supply disruptions through natural events, wars, cartel agreements and political decisions.

Non-manufacturing growth continues decline

2011-07-04 10:42:52

Growth in China's non-manufacturing sector continued to slow down in June, with the sector's Purchasing Managers Index (PMI) seeing a sharp decline, the China Federation of Logistics and Purchasing (CFLP) said Sunday.

China-Finland trade ups 29.5% in first four months

2011-07-04 10:39:19

Bilateral trade between China and Finland rose 29.5 percent year-on-year to reach 2.2 billion euros during the first four months of this year, the Ministry of Commerce said on Saturday.

PopCap Games powers up in China

2011-07-04 10:29:37

With the increasing interest shown by Internet users in games, PopCap Games Inc, a United States-based game developer and publisher famed for its popular game Plants versus Zombies (PvZ), sees a rosy future in China.

Relocation reform to benefit homeowners

2011-07-04 10:28:54

The government can only ask Beijing residents, whose houses are designated to be demolished, to move out after paying them satisfactory compensation, according to a notice issued on Saturday by the Beijing municipal government.

Luxury brands join the social

2011-07-04 10:17:32

The Zippo Manufacturing Co, maker of the iconic refillable lighters, is hosting a rock 'n' roll competition with Tencent, in which bands from Beijing and Shanghai will compete for votes cast online.

Property market is strong: Portman

2011-07-04 10:16:09

China's exuberant property market will not collapse, because prices are supported by brisk economic growth. However, there could be a bubble in the hotel sector, according to a US property developer.

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