Kawasaki, Others Win Bid for Chinese Bullet Train Project
29690
The Chinese Railway Ministry&#39;s project with an estimated contract value of 100 billion yen aims to double the speed of trains on five major existing railway lines, stretching over
185802
A major Japanese trading company is investing in Isuzu Motors Ltd., a truckmaker allied with General Motors Corp. of the United States, to strengthen a partnership in Thailand.
48504
Rolls-Royce says a deal to supply engines to Chinese carrier Hainan Airlines could be worth more than $500m.
336745
MONTREAL  - Canadian plane producer Bombardier said China had demonstrated confidence in its CRJ200 regional jets after lifting a ban imposed after one of the aircraft crashed killing 54 people last month.
239720
China is interested in participating in the bidding for Yuganskneftegaz, the top oil-producing subsidiary of the Russian oil giant Yukos, a Chinese economic official was quoted as saying in a report Thursday by the Russian news agency Interfax. The ...
707906
Angang New Steel Co., the Hong Kong- traded arm of China&#39;s second-largest steelmaker, agreed to buy assets from its parent for 18 billion yuan ($2.2 billion) as metals demand rises in the world&#39;s fastest-growing major economy.
113274
The Ssangyong Motor Co. was sold to the Shanghai Automotive Industry Corp. (SAIC) for $500 million (approximately 550 billion won).
271879
The New York Yankees have won the rights to bid for the services of Japanese pitcher Kei Igawa, as the Hanshin Tigers accepted their $25 million offer on Tuesday.
89009
Canadian transport group Bombardier said that it had won a 223-million-pound (331-million-euro, 424-million-dollar) order for new rolling stock from Britain's government.
328676
The Chinese mining group Chinalco said that it had teamed up with the American aluminum producer Alcoa to buy a 12 percent stake in Rio Tinto.
605241
MOSCOW  - Chinese oil conglomerate CNPC could be offered up to 20 percent of a state-owned Russian firm that will own Yuganskneftegaz, the main asset of the dismembered Yukos energy giant, the Russian industry and energy minister said.
442890
China has signed an agreement to buy four nuclear power plants from American firm Westinghouse, scuppering a possible deal with French company Areva, a US official said.Comment
690482
A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.In a filing (in Chinese) with the China Beijing Equity Exchange, state-owned China Electronics Import &amp; Export Co. (CEIEC) invited bids for its stake in China HP and set a minimum price of 967 million yuan ($133 million).CEIEC will accept bids until Feb. 2 from qualified Chinese companies. Offers from financial institutions or hedge funds will not be considered, it said.HP had little to say in response to CEIEC&#39;s offer, but reaffirmed the importance of China HP to its overall business.&quot;China is a critically important market to HP and continues to hold tremendous opportunities for our business. ... Whilst we do not comment on our financial or operational plans in the future, HP will ensure its business operations remain unaffected,&quot; wrote Joanne Tan, a company spokeswoman, in an e-mail.China HP was founded in 1985 as a joint venture between HP and CEIEC. Over the years, the joint venture has been successful and China HP is a major player in key local markets, such as PCs and servers.Joint ventures are a common way of doing business in China, with foreign companies tapping the experience and connections of a local partner.In the best situations, these partnerships can help the foreign company build and grow their business in China faster than would otherwise be possible.
552013
PARIS  - China has awarded Alstom more than &#36;1.5 billion Cdn worth of contracts for trains and locomotives, the French engineering giant said Saturday on the first day of a visit there by President Jacques Chirac.
586657
A planned rail freight service between Germany and China has been backed by six countries, Chinese media says.
419156
Hitachi Ltd. (6501.T) said on Friday U.S.  merchant power company NRG Energy Inc.  is set to pick  Hitachi and General Electric Co.  to build nuclear power  facilities for $5.2 billion, in what would be Hitachi's first  major overseas nuclear power project.
323334
In a story Oct. 21 on Chinese investments overseas, The Associated Press incorrectly reported that Global Crossing was sold to a joint venture owned by Hutchison and Singapore Technologies Telemedia. Hutchison withdrew from the deal and ST Telemedia proceeded alone in purchasing Global Crossing.