al Chinese financial search platform Rong360.com received USD 30 million in its second round of financing recently. Ye Daqing, CEO of it, said in an interview on August 2 that it had completed its second round of financing and the ...
After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
China formally announced a thorough decontrol over lending rates of financial institutions on July 20. Approved by the State Council, the Chinese cabinet, the People's Bank of China (PBOC), the central bank, said on July 20 that the ...
Tags: lending rates, commercial principles, china
According to Kenworth’s national sales manager for specialty markets, Andy Douglas, the third annual update on Kenworth’s natural gas progress has customers approaching the topic more proactively. Attitudes are changing from ...
Tags: Gas Offerings, Kenworth, Auto Parts
Shenzhen International Holdings Limited (SEHK: 0152) Board Chairman Gao Lei revealed at a shareholder meeting that the company will ink agreement with Bank of China Limited (BOC, SEHK: 3988 and SHSE: 601988) for strategic cooperation to get ...
Ulf Henriksson, originally from Sweden, joins Dematic as new Group CEO effective immediately. He brings more than 20 years of leadership experience and has proven to consistently achieve strong results for global businesses. Ulf Henriksson ...
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
Nissan Motorsport has released a video of the team’s path to this year’s V8 Supercars Championship. Following the Nissan team’s unveiling of its four-car, four-driver line-up, with Todd Kelly, Rick Kelly, Michael Caruso ...
Tags: Nissan, Motorsport, V8 Supercars
The Holden VF Commodore that will go racing in the 2013 V8 Supercars Championship has been unveiled, following the VF Commodore reveal by only a day and beating the debut of the Holden Commodore SS production car, on which the racecar is ...
Tags: Holden, VF Commodore, V8 Supercars Racers
On December 21,2012,Bank of China and Baosteel Group global cash management service overall framework agreement signing ceremony is held in Shanghai.As one of the first batch of"multinational company headquarter funds centralized ...
Tags: BOC, Baosteel Group, global cash management service agreement
Taipei, Dec. 14, 2012 (CENS)--The Financial Supervisory Commission (FSC) decreed yesterday (Dec. 13) permitting designated banking units (DBUs) to undertake renminbi-related businesses. Following the launch of cross-Taiwan Strait currency ...
Tags: Renminbi Related Businesses, currency, FSC, bank
Taipei, Dec. 12, 2012 (CENS)--People’s Bank of China announced yesterday (Dec. 11) designation of the Taipei branch of the Bank of China (BOC) as the renminbi clearance bank in Taiwan, thereby kicking off the cross-Taiwan Strait ...
Tags: Currency Clearance, currency clearance mechanism, deposit, remittance
UK - A new hydrogen fuel-cell powered lighting package from industrial gases and engineering firm BOC provides a solution that is long on staying power and short on emissions, the company says. Aimed at a range of applications, from ...
National Manufacturing Week returns to Melbourne next May with a focus on sustainable manufacturing and working “smarter.” Co-located with Austech, NMW 2013 will feature – for the first time in Victoria – two new ...