News » Politics » Mobile browser developer UC Mobile denies acquisition rumors

News » Politics » Mobile browser developer UC Mobile denies acquisition rumors


Mobile browser developer UC Mobile denies acquisition rumors

Posted: 20 Feb 2013 05:02 AM PST

Chinese internet search leader Baidu has reportedly reached an agreement with UC Mobile, maker of a popular mobile web browser, to purchase a US$1.2 billion stake in the software business, Tencent's n...

BNP Paribas becomes Bank of Nanjing's largest shareholder

Posted: 20 Feb 2013 04:50 AM PST

France's BNP Paribas bank has become the largest stakeholder of China's Bank of Nanjing as a qualified foreign institutional investor, reports Chinese Securities Times. BNP Paribas had secured 437.6...

Microsoft’s Zhang Sees China as Asia’s Innovation Center

Posted: 19 Feb 2013 08:29 PM PST

China will eventually become a key innovation center for the Asia-Pacific region, said Ya-Qin Zhang, chairman of Microsoft's Asia Pacific research and development group.

Leader of Chinese village that staged revolt regrets position

Posted: 20 Feb 2013 04:26 AM PST

One year after being elected leader of a Chinese village that staged a high-profile revolt over perceived corruption, Lin Zuluan said he now regrets being in his position. Lin describes himself as "h...

Hong Kong bans poultry imports from Brandenburg, Berlin

Posted: 20 Feb 2013 04:14 AM PST

The import of all poultry and poultry products including eggs from the states of Brandenburg and Berlin in Germany has been banned with immediate effect for the protection of Hong Kong's public and an...

Being in China Is Less Risky Than Not Being There

Posted: 19 Feb 2013 07:45 PM PST

China's state-owned enterprises are learning to be more innovative, as are the company's local employees, General Electric Vice Chairman John Rice said.

China to become South America's top trading partner by 2015

Posted: 20 Feb 2013 03:50 AM PST

China will replace the European Union as South America's most important trading partner by 2015, according to the Germany's Der Spiegel magazine online. Foreign trade between Asia and South America...

HTC bets big on new flagship One phone

Posted: 20 Feb 2013 03:46 AM PST

Taiwan's HTC unveiled its new One smartphone in London and New York on Tuesday, boasting a faster camera and enhanced audio technology that the company is hoping will revive its sales. The new devi...

Sinopec says no timetable for parent's assets purchase

Posted: 20 Feb 2013 03:46 AM PST

Sinopec said Tuesday it does not have a definitive timetable for possible acquisitions of its parent company Sinopec Group's overseas assets after its share placement earlier this month fueled guesses...

Chinese steelmakers face punitive anti-dumping measures

Posted: 20 Feb 2013 03:34 AM PST

China's steel industry has already faced five anti-dumping investigations from countries such as the United States and Australia, crippling the debt-addled steel industry further, the state-owned Chin...

Taiwan eyes Myanmar, Brunei as trade priorities

Posted: 20 Feb 2013 03:34 AM PST

Taiwan's Ministry of Foreign Affairs said Tuesday it will continue to help small and medium businesses tap into emerging markets, with Myanmar and Brunei two of the priority countries this year. St...

Samsung aims to lead TV market with premium products

Posted: 20 Feb 2013 03:22 AM PST

Samsung Electronics, the world's No. 1 TV maker, said Tuesday that it aims to lead the global TV market for eight straight years this year with new premium products. The South Korean company has a s...

Taiwan may raise minimum monthly wage this year: minister

Posted: 20 Feb 2013 03:22 AM PST

Taiwan's labor minister, Pan Shih-wei, said Tuesday he is optimistic that the domestic economy will improve enough so that the minimum monthly wage can be adjusted higher this year. The Cabinet dec...

Censors freeze former Google China head Kai-Fu Lee's Weibo

Posted: 20 Feb 2013 03:14 AM PST

Kai-Fu Lee, the former chief of Google's China division and a blogger with millions of fans in China, recently had his online comments recently censored for three days, according to Business Insider, ...

Kowloon bus fares to rise 4.9%

Posted: 20 Feb 2013 03:14 AM PST

The Executive Council of Hong Kong has approved a 4.9% fare increase for Kowloon Motor Bus starting from March 17. Secretary for Transport and Housing Anthony Cheung announced the decision on Tues...

Hunan government office gives itself a few extra days off

Posted: 20 Feb 2013 03:14 AM PST

A branch of a local government department in south-central China's Hunan province decided to award itself a 10-day holiday over Chinese New Year, adding a few more days to the seven-day national Sprin...

WADA claims of doping drugs from China prompt probe

Posted: 20 Feb 2013 03:14 AM PST

China has planned to investigate allegations that "99% of illegal substances" used in producing performance-enhancing drugs come from China, a sweeping statement produced by the World Anti-Doping Age...

China Firms Lose Interest in Insurance

Posted: 19 Feb 2013 07:03 PM PST

Chinese companies from home-appliance maker Haier Group to metal giant China Minmetals Corp. in recent years joined foreign insurers in setting up insurance joint ventures in China.

US$160,000 Chengdu apartment offered for finding lost dog

Posted: 20 Feb 2013 02:26 AM PST

A Chengdu man who recently lost his chow chow said he is willing to hand over an apartment to the person who returns his beloved dog to him, a newspaper in Beijing reported on Feb. 18. The man, onl...

China plans new payment system for medical treatment

Posted: 20 Feb 2013 02:26 AM PST

Patients will be able to pay after they receive medical treatment as part of a new payment method, China's Ministry of Health revealed Tuesday. According to Jiao Yahui, an official with the ministr...

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