Loh Chin Hua, CEO at Keppel Corp, says the 30-year deal with Titan Petrochemicals is a "good partnership" which can help the Singapore oil rig builder gain access into China.» Read More
HONG KONG, April 17- Yue Yuen Industrial Ltd, which makes sports shoes for Nike and Adidas, said it will change employee benefit payments for workers at a Guangdong factory after the employees went on strike.
April 16- Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.
Rett Wallace, Co-Founder & CEO at Triton Research, says Weibo is a "very robust" company in terms of price despite market concerns about competition with Tencent.
SHANGHAI, April 17- China's workforce is growing more restive as it shrinks. "This is going to be a very tough year for employers in China," said Lesli Ligorner, Shanghai- based partner at Simmons& Simmons.
BEIJING, April 17- Japanese carmaker Nissan Motor Co is going for a facelift to stand out from the crowd. In an increasingly competitive global market- in China alone there are some 80 automakers battling for sales- Nissan plans to put a V-shaped front grille design on most of its models to give itself a "distinct, unified face", says global design chief Shiro Nakamura.
TOYOTA CITY, Japan/ IRVINE, Calif., April 17- In 1997, Toyota caught its competitors by surprise with the revolutionary Prius, the first commercially successful gasoline-electric hybrid car. Toyota Motor Corp will next year launch a hydrogen-powered car in the United States, Japan and Europe.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly on the day in spite of a 10 million barrel build. Nat gas remained over $4.50, and gold was up a bit at the close.
Discussing China's GDP data, and current economic conditions, with Andrew Slimmon, Morgan Stanley Wealth Management, and Mike Holland, Holland & Company Chairman.
BEIJING, April 16- China's economy expanded 7.4 percent between January and March, its slowest pace in 18 months, prompting authorities to act for the second time in as many weeks to shore up growth.
LONDON, April 16- The top names in global mining, gathered in Chile last week, publicly shrugged off concerns that copper financing deals in China, that have locked up mountains of metal, could unravel.
Stephen Roach, Yale School of Management, discusses Alibaba's pending public debut, and the likelihood of U.S. companies to penetrate China's vast social network.
Stephen Roach, Yale School of Management, shares perspective on China's economic reforms.
SHANGHAI, April 16- BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.
China's economy grew an annual 7.4 percent in the first quarter, beating expectations, reports CNBC's Eunice Yoon.
*China plans 6-8 big iron ore miners to rely less on imports. SHANGHAI, April 16- China's bid to slash its dependence on foreign iron ore miners by creating its own mega producers risks running aground before it starts due to high costs and poor quality of ore.
PERTH, Australia— A robotic submarine has completed its first full 16- hour mission scanning the floor of the Indian Ocean for wreckage of the missing Malaysian airliner after two previous missions were cut short by technical problems and deep water, authorities said on Thursday.
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
Raymond Yeung, senior economist for Greater China at ANZ, says that all recent data seem to indicate that an earlier-than-expected rebound is underway in China.
FRANKFURT, April 16- Daimler is set to revive Maybach, a brand once coveted by oligarchs, rap stars and royals, to woo a growing class of ultra-wealthy clients in Asia and the United States, a person familiar with the company's plans said.
BEIJING, April 16- China shares closed a touch higher on Wednesday after slightly better-than-expected first-quarter growth data eased worries about a dramatic slowdown in the Chinese economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.1 percent.