SHANGHAI - The US retailing giant Wal-Mart Stores Inc is looking to acquire a controlling interest in Yihaodian, a Chinese online retailer. The move is aimed at boosting Wal-Mart's online sales in the Chinese market and maintaining its competitiveness in

AtLeast one of the check box should be selected You are following news about Follow the latest news about WMT BENTONVILLE, Ark. , Feb. 19, 2012 /PRNewswire/ -- Wal-Mart Stores, Inc. (NYSE: WMT) announced today that it has reached an agreement to increase

Hong Kong shares rose on Friday, after robust U.S. data and renewed optimism of a second bailout deal for Greece spurred investors to cover short positions in riskier sectors, lifting the Hang Seng Index to its seventh-straight weekly gain. Mainland Chin

* HSI up 1 pct on day, 3.4 pct this week * Shanghai Comp flat on day, up 0.2 pct this week * Turnover declines on both bourses * China Life up after strong Jan premium growth * Resources weak in Shanghai after new mining tax HONG KONG, Feb 17 (Reuters) -

Trading picked up on Wednesday. For Shanghai A-shares, turnover was close to a peak reached more than a more ago while in Hong Kong it was the second-highest since Dec. 1. "Overseas sentiment, especially in Japan, was an early boost. Strength in Hong Kon

* HK tops 250-day moving average for 1st time since July HONG KONG, Feb 15 (Reuters) - Hong Kong and China shares jumped on Wednesday, lifted by growth-sensitive sectors that helped benchmark indexes close above long-term resistance levels for the first

The Standa

* Investors rotating into cyclicals from defensives: CICC HONG KONG, Feb 3 (Reuters) - Hong Kong and Shanghai shares extended their weekly gains, as better-than-expected global economic data this week spurred investors to take advantage of the low valuat

SHANGHAI—New China Life Insurance Co. said on Thursday it plans to raise 15 billion yuan ($2.4 billion) through debt issuance, making it the latest Chinese insurer to undertake a fundraising campaign to shore up its growth prospects. New China Life, whic

PING An Bank will open more outlets in China and a treasury department in Shanghai as it becomes a new integrated banking unit of Ping An Insurance (Group) Co, the bank's President Richard Jackson said yesterday. The Shenzhen-based lender plans to open 6

Hong Kong shares ended higher on Friday, closing out the Chinese Year of the Rabbit at the highest level in 3-1/2 months in relatively healthy turnover amid hopes for more policy easing from Beijing and strength in overseas markets. The Hang Seng Index f

SHANGHAI—Shenzhen Development Bank Co. said Friday it will spend as much as 2.7 billion yuan (US$427.6 million) to gain full control of its unit Ping An Bank Co. In July, Shenzhen Development Bank issued 29 billion yuan worth of new shares to its parent

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SHANGHAI – Shenzhen Development Bank Co. (000001.SZ) said Friday it will spend up to CNY2.7 billion (US$427 million) to gain full control of its unit Ping An Bank Co. In July, Shenzhen Development Bank issued CNY29 billion worth of new shares to its pare

MANILA, Philippines — Gearing to meet the demands of globalization, Philippine Charter Insurance Corporation, one of the top ten non-life insurance companies in the country, is rebranding itself as Charter Ping An Insurance Corporation. According to Mele

HONG KONG Jan 16 (Reuters) - Hong Kong shares are poised to start what could be a volatile week moderately lower on Monday, with more China economic data expected and reduced turnover seen ahead of the Chinese New Year holidays. Global markets were bro

SHANGHAI Jan 14 (Reuters) - Ping An Insurance (Group) Co of China Ltd , the world's second-biggest life insurer by market value, said on Saturday its 2011 insurance premium revenue was 207.4 billion yuan ($32.9 billion). The firm said in a filing to th

Will a bid for Aviva finally emerge this year? Never far from the takeover spotlight, the insurer was again getting market gossips excited yesterday amid revived speculation that an approach could materialise from the Far East. The vague rumours being sp

Published: 2012/01/11 STOCKS rose 0.73 per cent yesterday, boosted by a fresh set of strong US economic data and a promise by Chinese leaders to introduce measures to boost mainland markets. The benchmark Hang Seng Index added 138.56 points to 19,004.28.