...Holdings, it signed a memorandum of understanding with Prosperity Minerals to buy its Upper Value Investment unit. It said the deal was worth four billion Hong Kong dollars, without providing details. . Receive China Post promos Respond to this email... Full Article at China Post
...Holdings Ltd. , its Hong Kong-listed unit, agreed to buy the cement and clinker making unit from Prosperity Minerals Holdings Ltd. for HK$4 billion (US$516 million). The TAIEX index added 0.4 percent. . Receive China Post promos Respond to this email... Full Article at China Post
PARIS -- Online auction site eBay Inc. was fined euro1.7 million (US$2.5 million) by a Paris court on Monday for failing to stop the sale of famous perfume brands like Christian Dior, Guerlain, Givenchy and Kenzo — all of which are owned by luxury... Full Article at China Post
SAN FRANCISCO -- Broadcom Corp. , the maker of chips for wireless headsets and television set-top boxes, said it will buy closely held Dune Networks for about US$178 million to add to its range of products for data centers. Full Article at China Post
TAIPEI, Taiwan -- Taiwan Cement Corp said Tuesday it had forged an agreement with Hong Kong-listed Prosperity Minerals Holdings to acquire its cement production facilities in China for US$515 million. Full Article at China Post
TAIPEI, Taiwan -- Powerchip Semiconductor Corp. , which had 10 straight quarterly losses through September, said it reported a profit in November on sales of NT$5.78 billion (US$180 million), the Hsinchu, Taiwan-based chipmaker said in an e-mailed... Full Article at China Post
TAIPEI, Taiwan -- CPC Corp. , Taiwan's state-owned oil company, plans to shut a fuel oil unit at its Talin refinery in the southern city of Kaohsiung for regular maintenance on Dec. 10, a company official said. Full Article at China Post
...the owners through email, instant messenger, facebook, or just drop a message at their websites to reserve a room. Hu said they will even refund the entire rent if a traveler has a sudden change of plan. Full Article at China Post
PARIS -- November car sales data paved the way for a strong year-end in major European markets, although a weak comparison base last year, and subsidies that will run out soon, mean the longer-term future for carmakers remains unclear. Full Article at China Post
BEIJING -- China's manufacturing activity continued to expand in November as rising overseas demand for Chinese goods helped drive the rebound in the world's third-largest economy, a survey showed Tuesday. Full Article at China Post