Last month, China Development Bank (CDB) has finalized a deal with United Bank for Africa, one of Nigeria’s largest banks, last month, according to sources.
This transaction will expand China Development Bank’s capability of providing financing services for the infrastructure projects in Africa. Industrial and Commercial Bank of China (ICBC)<601398><1398>, one of the Big Four Chinese [...]
MTR Corp<66>, the Hong-Kong listed company with principal activities to construct and operate mass transit railway system in the city, attracts 15 companies to join its residential project in Tseung Kwan O worth of HK$ 7 billion, according to sources.
Tomas Ho Hang Kwong, MTRC property director said on Monday after the deadline closed for submissions, [...]
China, Japan and other steel producing nations have “common interests” in negotiating iron ore contract prices, said Luo Bingsheng, executive vice chairman of China Iron and Steel Association.
“We’re in this together, China and Japan,” he said on the sidelines of a conference in this northeastern Chinese city.
Tags: iron-ore, steel
UBS AG, Europe’s largest bank by assets, plans to start a Taiwan-based fund that will invest in companies seeking to tap the growing global appetite for clean energy and water.
UBS’ Taiwan branch will raise as much as NT$6.5 billion for its Global Innovators Fund, said Evelyn Yeh, who will oversee the investments. Yeh said she [...]
PetroChina, one of China’s biggest oil and gas producers, will raise 66.8 billion yuan (US$8.9 billion) in the biggest share sale of the year, the China Securities News reported today.
The oil producer will sell four billion shares at 16.7 yuan apiece, according to a statement today.
The share sales are bigger than Shenhua, the country’s biggest [...]
China National Offshore Oil Corp (CNOOC), the country’s dominant offshore oil and gas producer, has started building a coastal pipeline to deliver imported natural gas, a company official said.
CNOOC, the parent of CNOOC Ltd, will build the pipeline in several phases, with Phase I linking Guangdong in southern China and Shanghai, the official, who asked [...]
