FINANCE

China-Based Hackers Target Law Firms to Get Secret Deal Data

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China-based hackers looking to derail the $40 billion acquisition of the world’s largest potash producer by an Australian mining giant zeroed in on offices on Toronto’s Bay Street, home of the Canadian law firms handling the deal. (read on…) Related items China Signals Limited Loosening as PBOC Bucks Forecasts: Economy Wen says China has...

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China Stationery expects to raise RM85.5m

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CHINA-BASED company, China Stationery Ltd (CSL), en route to a Main Market listing on February 24, expects to raise RM85.5 million from its initial public offering (IPO). The integrated plastic stationery company will use RM29.42 million from the listing proceeds to buy machinery, RM25 million for research and development, and RM10.78 million for advertising,...

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Lawmakers urge U.S. to press China currency at WTO

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WASHINGTON (Reuters) – Two top lawmakers on Tuesday urged President Barack Obama's administration to broaden efforts to pressure China to change its currency practices by raising the issue at a World Trade Organization symposium in March. "China will not end its currency undervaluation unless the U.S. seizes opportunities like this to insist that it...

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China banking chief set to visit Taiwan before June

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TAIPEI, Feb 1 (Reuters) China's banking authority chief will visit his counterpart in Taiwan this year, a Taiwan official said on Wednesday, in the latest sign that the pace of crossstrait banking ties is picking up. (read on…) Related items China Finance Minister: Growth Faces Downside Risks In 2012 Lawmakers urge U.S. to press...

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China Bank earnings slide on lower fees

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CHINA Banking Corp. said its net income went down in the first nine months this year owing to lower fee-based revenues. (read on…) Related items China Bank posts lower income China Bank’s net income up 11.4% in end-June ‘11 Globe taps China Bank for $90 million loan Globes secures fresh loan from China Bank...

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