Sovereign wealth fund Qatar Holding LLC has agreed to buy a HK$4.78 billion ($616 million) stake in Lifestyle International Holdings (1212.HK), operator of the SOGO department stores in Hong Kong and mainland China, Lifestyle said on Monday.
Tags: China
Standard Life, ICBC to broaden cooperation in China, UK, Hong Kong
British insurer Standard Life (SL.L) and Industrial and Commercial Bank of China (ICBC) (601398.SS) said on Wednesday they had agreed to look at developing savings and investment services together.
Investors seek more time to prepare for Hong Kong-Shanghai stock tie-up
Some of the world's biggest banks and asset managers have asked the Hong Kong securities regulator for more time to prepare for a landmark China stock trading link due to uncertainty over the rules of the scheme, according to a letter seen by Reuters.
China-backed hackers may have infiltrated Apple's iCloud: blog
Apple Inc's (AAPL.O) iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the campaign.
BlackBerry shares up after unconfirmed report on possible Lenovo bid
BlackBerry (BB.TO) (BBRY.O) shares rose more than 3 percent on Monday after a news website said Chinese computer maker Lenovo Group (0922.HK) might offer to buy the Canadian technology company.
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China is set to unveil key legal reforms this week that will try to limit the influence local officials have on court cases, a move being closely watched by company executives who hope it will make the legal system more impartial.
The shine may soon come off Chile's decade-long copper boom as technical and regulatory problems in getting new mines into production highlight just how hard it will be to keep ratcheting up the supply.
China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015.
EBay Inc trimmed its full-year revenue forecast on Wednesday, signaling a weaker-than-expected holiday shopping season for the e-commerce company as it prepares to split from its fast-growing payments arm, PayPal.
China's year-to-date foreign direct investment inflows declined for a third month in September, indicating investors remained cautious amid a further slowdown in the world's second-largest economy.
Seasonal rains are set to disrupt nickel mining in the Philippines for the next four months or so, crimping exports to top buyer China and stoking a shortfall in the global supply of ore.
Asian stocks were cautiously up on Wednesday as benign inflation data in China and more gloom in the euro zone economy lent credence to fears of a faltering global economic recovery.
Auto analysts are skeptical that Sergio Marchionne, the hyperbolic chief executive of Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N), can meet his most ambitious goal: to nearly double Jeep's global sales over the next four years.
Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world's top oil exporter Saudi Arabia is determined not to make the same mistake again.
