S. Rina
Boeing Scores $3.2 Billion Dreamliner Deal From China Southern
S. Rina | | Oct 13, 2016 12:07 PM EDT |
Boeing Co. has inked a deal with China Southern for a dozen 787-9 Dreamliners. The deal is worth neatly $3.2 billion as per the list price. These Dreamliners are scheduled to be delivered over the course of three years, starting in 2018.
China and India may Collaborate to Build Colombo Financial City
S. Rina | | Oct 12, 2016 10:16 PM EDT |
China has invited India to collaborate in building the Colombo International Financial City in Sri Lanka.
Yum Talks About Future After China Spinoff, to Triple Restaurants
S. Rina | | Oct 12, 2016 11:11 AM EDT |
Yum Brands Inc. is looking to increase the number of restaurants in its China division threefold.
HSBC Predicts Growing Demand for China Bonds
S. Rina | | Oct 12, 2016 10:22 AM EDT |
HSBC expects the demand for onshore Chinese government bonds to increase fivefold in the next two years.
Global Automakers Report Accelerated China Sales in September
S. Rina | | Oct 12, 2016 09:41 AM EDT |
China auto market showed a rebound as major global automakers reported higher sales for the month of September.
Yuan Use in Africa to Increase After SDR Basket Inclusion
S. Rina | | Oct 12, 2016 09:02 AM EDT |
Chinese currency yuan was recently included in the coveted Special Drawing Rights (SDR) basket of IMF, making it a global currency.
India’s Largest SUV Maker Mahindra & Mahindra Looks for Partner in China
S. Rina | | Oct 11, 2016 08:53 PM EDT |
China 's burgeoning auto market is attracting foreign companies, the latest of which is Mahindra & Mahindra, India's largest SUV maker.
China’s Sanan Holds Talks with Osram for Possible Takeover
S. Rina | | Oct 11, 2016 08:34 PM EDT |
China's Sanan Optoelectronics Co. conducted preliminary talks with Osram Licht AG regarding a possible takeover or cooperation.
China’s Yuan Plunges to 6 Years Low Against Dollar
S. Rina | | Oct 11, 2016 08:02 PM EDT |
Chinese currency touched its lowest level in six years against dollar during early Monday morning session.
China Introduces Debt-for-Equity Plan for Reducing Corporate Debt Pile
S. Rina | | Oct 11, 2016 07:54 PM EDT |
China announced a new plan for tackling the problem of its growing corporate debt pile. The proposed bad-loan relief program lets banks swap their non-performing loans for equity in the debtor companies. The guidelines of which were released on Monday and are applicable only to high quality companies facing short-term difficulties.
Chinese Firm CSC Group to Fund Artificial Intelligence Incubator in Britain
S. Rina | | Oct 11, 2016 02:42 PM EDT |
Chinese state-backed private equity firm CSC Group has inked a multimillion deal with British startup incubator Founders Factory. The collaboration will see both firms hiring 60 people and investing in five early-stage AI startups. It also plans to launch two new companies every year. CSC Capital is the third largest private equity fund in China.
NASDAQ to Establish Headquarter in Singapore, to Introduce China Commodities
S. Rina | | Oct 10, 2016 11:39 PM EDT |
American stock exchange NASDAQ is contemplating to establish a headquarter in Singapore as it aims to strengthen trading in Asia.
China’s Shanghai CRED Collaborates with Gina Rinehart to Buy Kidman Cattle Company
S. Rina | | Oct 10, 2016 08:32 PM EDT |
Chinese developer Shanghai CRED joined hands with Australia's richest woman Gina Rinehart to jointly acquire S. Kidman and Co, the largest private land holding in Australia.
Chinese Wine-tasting Team Beats Former Champion Spain, Bested 20 Others
S. Rina | | Oct 10, 2016 08:16 PM EDT |
Chinese wine-tasters scored a win in the world championships of Revue du Vin De France-spearheaded three-hour competition at Chateau Du Galoupet in southeastern France.
China Pushes War Against Corruption, Sentences Former Communist Party Boss
S. Rina | | Oct 10, 2016 04:17 PM EDT |
China has sentenced the former Communist Party chief from Yunnan province to death with a two-year reprieve. Bai Enpei was found guilty of taking bribes and accumulating income from unidentified resources. His personal assets have been confiscated, and he has been banned from holding any public office in the future.
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