BNP Paribas to double mainland team in 3 years

2008-04-09 10:08:18

French banking giant BNP Paribas SA said it planned to double its workforce in the burgeoning mainland market in three years.

Global price swings lift commodity market

2008-04-08 10:06:47

Sharp agricultural price swings on the global market have boosted local commodity turnover as food processors, wholesalers and speculators rush to cover risk exposure.

Sinopec to diversify after posting loss

2008-04-08 10:22:23

Top Asian oil refiner China Petroleum & Chemical Corp (Sinopec) said yesterday it will diversify production as it tries to mitigate the impact of rising prices.

Commercial banks allowed to invest in US stocks, funds

2008-04-08 09:16:07

Chinese commercial banks have been allowed to make investment for their wealth management clients in US stock markets and public funds selected by the US regulator.

Q1 Business climate index drops

2008-04-08 09:06:27

China's business climate index, a key gauge of corporate performance, dropped in the first quarter amid the heavy snow disaster that hit the country in mid January.

COSL wins Indonesian drilling fluids service contract

2008-04-08 10:09:39

China Oilfield Services Limited announced it had won a letter of intent for a three-year drilling fluids service contract in Indonesia worth "several million" dollars.

Bank of Beijing 2007 net profit up 56%

2008-04-07 16:18:37

Bank of Beijing Co Ltd said 2007 net profit grew 56.43 percent to 3.35 billion yuan on strong growth in both net interest income and fees. Its operating revenue rose 31.13 percent to 7.64 billion yuan.

Index rallied 153 points after holiday break

2008-04-07 16:30:12

Mainland stocks regained seemingly lost bullish momentum on Monday as the major stock index surged 153 points with more than 90 percent of stocks closing up.

Sinopec's 2007 net profit up 5.5%

2008-04-07 10:01:22

Net profit at Sinopec Corp, Asia's biggest oil refiner, rose 5.5 percent to 56. 53 billion yuan ($8.1 billion) in 2007, said the company on Sunday.

Dalian exchange ranks 2nd in agricultural product trading

2008-04-05 11:13:05

Dalian Commodity Exchange has become the world's second biggest agricultural products futures exchange in terms of trading volume, statistics show.

Ping An, Fortis reach final deal

2008-04-05 10:14:55

Ping An Insurance has acquired a 50-percent stake in the Belgian-Dutch financial services provider Fortis' asset management unit for 2.15 billion euros.