Wal-Mart buys stake in China's Bounteous
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Wal-Mart Stores , the world's  largest retailer, said on Monday it acquired a 35 percent stake  in China's Bounteous Company, expanding its presence in the  world's most populous country.
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Shares of Wal-Mart Stores Inc.'s  rose nearly 3 percent on Monday after analysts upgraded their ratings on the world's largest retailer's stock, citing its plans to curb U.S. store growth and a $15 billion share buyback announcement.
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Wal-Mart Stores Inc  will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu Ltd  in an effort to turn around the money-losing chain.
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The US retail giant Wal-Mart investedone million US dollars to establish China&#39;s first retail research center at Beijing&#39;s prestigious Tsinghua University.
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BEIJING, Dec. 23 -- The US retail giant Wal-mart will open its first outlet in Shanghai next year and also move its headquarters there.
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Wal-Mart Stores Inc., the world's largest retailer, said Thursday it has agreed to cooperate with China's state-sanctioned labor group in creating unions at its 60 Chinese outlets.
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Morgan Stanley  said on Monday  it has acquired China's Nan Tung Bank, a deal that would give  the Wall Street giant a coveted onshore commercial banking  license in China ahead of U.S. investment bank rivals.
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U.S. home improvement retailer Home Depot Inc.  is to buy no more than a 50 percent stake in Chinese furnishing chain HomeWay, making its first foray into retailing in China, a source familiar with the situation said.
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LONDON/BEIJING  - China has muscled in on miner BHP Billiton's  attempts to buy rival Rio Tinto , with its biggest aluminum producer teaming up with U.S. group Alcoa  to buy a 12 percent stake in Rio.
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The largest computer company in China, the Lenovo Group, has bought a majority stake in the PC-making business of the multinational IBM.
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U.S. home improvement chain Home Depot Inc.  said on Wednesday it would buy Chinese retailer The Home Way, marking its first foray into retailing in fast-growing China.
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Home Depot Inc. announced its first foray into China's booming market on Wednesday with the purchase of a Chinese chain of 12 home improvement stores that modeled itself on its giant American counterpart.
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Chinese aluminium giant Chinalco said Friday it and US peer Alcoa have bought a 12-percent stake in Anglo-Australian miner Rio Tinto, setting up a possible takeover tussle with rival BHP Billiton.
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NEW YORK/SHANGHAI  - U.S. home improvement retailer Home Depot Inc.  said on Wednesday it had signed an agreement to buy Chinese home improvement chain The Home Way, marking its first foray into retailing in China.
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The company, battered by the subprime crisis, said it would sell a $5 billion stake to a Chinese investment fund.
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The world&#39;s biggest retailer, Wal-Mart Stores Inc., said it planned at least 10 new stores in China next year, joining other foreign retail giants in taking advantage of new rules letting them move into smaller cities.
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Wal-Mart shares surge on capital reallocation plan that slows expansion.