-
Alibaba Buys Back Half of Yahoo! Stake
Tuesday, September 18, 2012 - 3:03pm | 237Read More...On Tuesday, China's Alibaba Group said that it had bought back around half of the stake that U.S. internet company Yahoo! (NASDAQ: YHOO) owns in the firm, paying about $7.6 billion. According to Reuters, the deal was completed with the funding support of eight international banks, including...
-
Are the Chinese Nervous too? President Delays Retirement of Prominent Banker
Friday, August 12, 2011 - 8:22am | 229Read More...Perhaps a testament to the uncertain global economic headwinds that are currently prevailing, Chinese President Hu Jintao has delayed the retirement of China Development Bank's (CDB) chairman, sources said Friday. According to two people familiar with the situation, CDB chair Chen Yuan, who is...
-
The Curious Case of Harbin Electric
Tuesday, July 12, 2011 - 3:54pm | 704Read More...It has been a wild month for shares of Harbin Electric (NASDAQ: HRBN). The company, which designs, manufactures, supplies, and services electric motors in the People's Republic of China, has been the target of much scrutiny, as allegations of fraud have run rampant, wreaking havoc on share prices...
-
Earnings Preview for LDK Solar
Monday, June 6, 2011 - 10:06am | 316Read More...LDK Solar (NYSE: LDK) is set to report first-quarter fiscal 2011 results late Tuesday, June 7. The question for investors is whether the company can deliver a fourth consecutive quarter of record revenue. They will also be looking for news on the impending investment in LDK by the China Development...
