CapitaLand, Shenzhen Trust to Buy, Manage China Malls
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CapitaLand Ltd., Southeast Asia&#39;s biggest developer by sales, said it will join a Chinese state- owned partner of Wal-Mart Stores Inc.
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China Investment Corp., the nation's huge sovereign wealth fund seen as a tool to project Beijing's economic clout, was invited Friday by Britain's prime minister to set up its first overseas office.
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U.S. retailer Home Depot Inc.  is preparing to spend $100 million on a majority stake in Chinese chain HomeWay in a deal that will be unveiled in China this week, the Financial Times said on Monday.
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China plans to spend close to 4 billion yuan (262.5 million pounds) over the next three years to ensure that all of its villages has a cultural centre where residents can learn, play and be entertained, state media said.
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By Li Weitao  Hong Kong-listed China Telecom Corp Ltd has agreed to buy telecom- related assets from its State-owned parent in a move to increase its stock appeal as it copes with a slowing fixed-line business and a failure to obtain licenses to offer mobile phone services.
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U.S. shopping mall owner Heritage Property Investment Trust Inc.  said on Tuesday its stockholders have approved the company's merger with Australia's Centro Properties Group.
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British banking giant Royal Bank of Scotland is in talks to buy 19.9 percent of Suzhou Trust in China, its latest attempt to ramp up its position in the Chinese market, state media said Wednesday.
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COLUMBIA, Md. - A Chicago-based developer of regional shopping malls announced it will buy the famed real estate developer The Rouse Co.
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MACAO Publishing &amp; Broadcasting said Tuesday that it had bought a stake in Stanley Ho&#39;s latest gambling project in Macao as Asia&#39;s two leading casino operators team up to expand in the region.
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Walt Disney Co and four Chinese investment firms are set to take an 11 percent stake in the National Basketball Association's Chinese subsidiary, the professional basketball league said on Monday.
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SHANGHAI/BEIJING  - Barclays  has won regulatory approval to buy into a Chinese trust company, securing a foothold in the country's fast-growing asset management sector, two sources familiar with the situation said on Monday.
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(InfoWorld) - Is DellÂ ready to abandon its direct sales model to boost its prospects in China? The company says no. Several Chinese media outlets recently reported Dell is in talks to buy Chinese PC maker Founder Technology Group, citing a report by a Chinese newspaper, National Business Daily. The newspaper did not name its source and appears to have removed at least one related story, published on Dec. 15, from its Web site. A Dell acquisition of Founder would leave the U.S. PC vendor with a nationwide network of retail shops in China, ending its long-standing reliance on direct sales. Sharon Zhang, a spokeswoman for Dell China, declined to comment on the acquisition reports, but said the company has no plans to change its direct sales model. "We are committed to the direct sales model in China," Zhang said. Founder executives in Beijing could not immediately be reached for comment. During 2005, Founder was the second-largest PC vendor in China with 12.3 percent of the market, according to industry analyst IDC. The company trailed Lenovo Group, which held 32.8 percent of the market, and managed to stay one step ahead of Dell, which was the largest foreign PC vendor in the country, with an 8.8 percent share of the market, IDC said. While rumors of Dell's interest circulate, Chinese media reported that at least one Chinese company is interested in Founder. The China Business News newspaper reported Monday that Haier Corp. was in talks to acquire Founder, citing an inside source at the consumer electronics and whitegoods producer based in Qingdao, northern China. Haier could not be reached for comment.
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China's top site has another big quarter.
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China has agreed to fund the  construction of a $1 billion hydroelectric dam in mineral-rich  Guinea and renovate a series of state buildings, government  officials in the West African country said on Saturday.
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China will allow domestic-currency bank cards to be used outside the country for the first time, the central bank said Wednesday, the latest easing of capital controls as the government prepares for a more flexible currency.
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Two major state-run Chinese banks on Wednesday announced plans to roll out American credit cards, including the country's first dual-currency American Express Card.
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Alliance Capital Management Holding LP (AC.N: Quote, Profile, Research) has agreed to sell its cash management business to Federated Investors Inc.