Asia/Pacific
China Mobile gave CNY 20 billion in 4G contracts to both Chinese and foreign companies
China Mobile gave initial 4G contracts worth CNY 20 billion or USD 3.2 billion to both Chinese and foreign companies.
Jiangxi Copper shows interest in Glencore’s Las Bambas: sources
Sources told Reuters that Chinese copper company Jiangxi Copper Co could be a potential buyer for Glencore Xstrata’s Peru mine.
Apple's Fall in China warrants sympathy from smartphone accessories makers
Smartphone accessory makers in China were not too happy about switching their product focus on non-Apple products.
China Merchants Bank to raise USD5.68 billion
Merchants Bank Co. planned to raise CNY34.8 billion to bolster its capital and speed up growth as competition with smaller bank rivals in China intensified.
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Medical device maker Infraredx Inc said it received a USD 25 million equity investment from Nipro Corp.
Geely Automobile Holdings announced it would start to offer cars it had developed with Volvo in 2015.
Bourses saw Southeast Asian stocks dropping significant figures in trading Thursday. Resuming trading after a three-day off, Philippine stocks performed worst in two months.
State-owned PetroChina Company Ltd said it was discussing with relevant parties about developing the West Qurna oilfield in Iraq.
Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.
China's ZTE Corp flagged its third quarter earnings for the July to September period at the Hong Kong Stock Exchange.
Sources said Panasonic Corp would expand its enterprise in lithium-ion battery by investing no less than JPY20 billion for its production.
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Samsung Electronics created a stir with Galaxy Gear as its unveiling draws near. Samsung Electronics Ltd is launching its new gadget, the "Galaxy Gear" smartwatch.