Chinese arms company NORINCO's ex-chief arrested for corruption
Chinese state-owned defence corporation, North Industries Group Co (NORINCO) ex-chief Yin Jiashu was arrested on Monday on corruption charges.
Source: shanghaisun.com
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Former chairman of state-owned firm arrested for bribery
BEIJING, Oct. 25 (Xinhua) -- The Supreme People Procuratorate (SPP) has ordered the arrest of Yin Jiaxu, former chairman of a state-owned firm, for suspected br
Source: shanghaisun.com
Central SOE profits up 66% during first 3 quarters
China's central State-owned enterprises have seen remarkable progress in enhancing operations during the first three quarters, showing marked improvement in key indicators such as net profit and operating revenue, said the State-owned Assets Supervision and Administration Commission, the country's top State-owned assets regulator, on Wednesday.
Source: chinadaily.com.cn
Profits of China's central SOEs rise 65.6 pct in Jan.-Sept.
BEIJING, Oct. 20 (Xinhua) -- China centrally-administered state-owned enterprises (SOEs) saw a robust profit growth in the first nine months of this year, offic
Source: shanghaisun.com
Airline deal brightens India equity appeal
MUMBAI: India’s move to privatise flag carrier Air India Ltd (pic) in its first big-ticket sale in almost two decades promises to further boost the appeal of the nation’s booming equity market just when China is intensifying its crackdown on private firms.
Source: thestar.com.my