A listed Chinese herbal medicine maker on Thursday said its compound flu formula has received approval from the U.S. Food and Drug Administration (FDA) for clinical tests. The decision has paved the way for Chinese herbal medicine to ...
Tags: Chinese Herbal Medicine, FDA
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
The China Banking Regulatory Commission has revoked the private fund-manager licenses of 17 commercial banks. Media reports say the specific reason could be they had violated certain conditions under the Law on Commercial Banks, which ...
Tags: Fund-manager, Licenses
22 Dec 2015 The manufacturer of Nurofen will be forced to pay millions of dollars in fines after a court found its packaging claims were misleading. The products in Reckitt Benckiser's Nurofen specific-pain range were advertised as ...
Organic and natural products company Hain Celestial Group’s UK subsidiary has acquired Orchard House Foods, a supplier of fruit desserts, juices and ingredients in the UK. Orchard Foods was established in 1985 by Wellness Foods . It ...
Tags: Hain Celestial Group, Orchard House Foods, Agriculture
Chinese lawmakers on Wednesday called on market regulators to step up supervision and stipulate heavier penalties for violators once a stock listing reform takes effect. Legislators are set to approve a State Council proposal on the ...
Tags: IPO Reform, Supervision
Crystal IS Inc of Green Island, NY, USA, an Asahi Kasei company that makes proprietary ultraviolet light-emitting diodes (UVC LEDs), is now ISO 9001:2008 certified. The firm's UVC LEDs are based on Crystal IS' proprietary native aluminium ...
Tags: Crystal IS, UVC LEDs, Electronics
Panasonic Corporation has acquired Hussmann Corporation, a Missouri-based manufacturer of refrigerated display cases and systems. Panasonic has signed an agreement with Hussmann Parent Inc., the Delaware-based parent of Hussmann, and ...
UK-based dairy processing company Dairy Crest has acquired the remaining 50% shares in Promovita Ingredients Limited held by Fayrefield Foods Limited for £6m cash. Promovita was established as 50:50 joint venture between Dairy Crest ...
Tags: Dairy Crest, Promovita, Agriculture
China's securities regulator announced on Friday that it has registered the first batch of Mainland-Hong Kong Mutual Recognition of Funds (MRF). China Securities Regulatory Commission (CSRC) has registered three Hong Kong funds under the ...
Tags: Funds Registered, Mainland-HK
Hong Kong's Financial Secretary John Tsang on Friday expressed welcome to the mutual recognition of funds arrangement between the mainland and Hong Kong. "The mutual recognition of funds arrangement further deepens the mutual access ...
Microsoft and the China Electronics Technology Group, or CETG, have announced a new joint venture. The new company is provisionally named C&M Information Technologies, and will provide Windows 10 related services to Chinese government ...
Tags: Microsoft, CETG Form, Joint Venture
The US Congress' approval of the quota and governance reforms of the International Monetary Fund (IMF) has been welcomed by the People's Bank of China (PBOC). According to the statement on the central bank's official website, this ...
Tags: Ratification, Imf Quota
China's central bank on Saturday welcomed the ratification of the 2010 quota and governance reforms of the International Monetary Fund (IMF) by the U.S. Congress on Dec. 18, 2015. "Such approval means that the 2010 reforms, after ...
Tags: Ratification, IMF Quota Reform
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery