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China forms company to make jumbo jets
China has established a company to build regional commercial jets, with an eye to eventually reducing the country's reliance on Boeing and Airbus for jumbo jets, official media said on...

Three Chinese groups eye stake in Fortescue-report
SYDNEY, May 12 (Reuters) - Three Chinese companies, Sinosteel, Chinalco and Baosteel 600019.SS, are vying for a stake in Australian iron ore group Fortescue Metals Group Ltd (ASX: FMG.ax) , the...

China unveils new jumbo jet company: report
BEIJING (AFP) - China unveiled its own jumbo jet maker in Shanghai on Sunday, state press reported, in a move that could eventually rival Airbus and Boeing.The new company, Commercial Aircraft...

Beijing Olympics to boost Chinese energy demand: analysts
LONDON (AFP) - The 2008 Beijing Olympic Games will boost China's rampant demand for energy, threatening to push world oil prices beyond current record heights, according to industry analysts.Crude...

China vice premier warns of inflation, global slowdown
SHANGHAI (AFP) - Chinese Vice Premier Wang Qishan warned Friday global inflation posed a threat to China's speedy growth, saying high prices abroad had put the nation's economy under major...

CORR: SLOWED GROWTH CHINESE INCOMES SEEN AS CHANCE TO REDUCE TAX
Correction: corrects headline BEIJING, May 8 Asia Pulse - The growth in income of China's urban and rural residents during the first quarter of this year was lower than that in the same period of...

Huaneng denies report on Australia power interest
(Recasts with response from Huaneng) PERTH, May 9 (Reuters) - Huaneng Power 0902.HK, China's largest independent power company, on Friday denied a media report it may join the bidding for power...

KMT CALLS FOR END TO SPECULATION ABOUT CROSS-STRAIT CHARTER FLIGHTS
TAIPEI, May 9 Asia Pulse - Kuomintang (KMT) Chairman Wu Poh-hsiung urged the public Thursday not to dwell too much on a possible delay in the opening of direct weekend charter flights between Taiwan...

China's Huaneng eyes Australia power assets-paper
PERTH, May 9 (Reuters) - Huaneng Power 0902.HK, China's largest independent power company, may join the bidding for power assets slated for sale by Australia's New South Wales state, The Sydney...

NZ comms minister slams broadband policy
New Zealand's Communications Minister David Cunliffe has renewed his attack on National's broadband policy and raised expectations for Labour's plans to speed the roll out of...

Copper prices fall to a one-week low
Copper prices fell to a one-week low on Thursday as Chinese buyers were sidelined expecting lower prices and a firm dollar weighed on sentiment.Analysts said supply disruption risks and low inventory...

MALAYSIA'S JT INT'L BOOKS 10.3 PCT RISE IN Q1 PROFIT ON HIGHER SALES
KUALA LUMPUR, May 8 Asia Pulse - JT International Berhad (KLSE:2615) has booked a 10.3 per cent on-year increase in first quarter pre-tax profit to RM42.124 million (US$13.2 million) due to...

China's Jinchuan sells Allegiance stake to Zinifex
(Recasts, adds details, analyst comment, share price, byline) By James Regan SYDNEY, May 8 (Reuters) - Zinifex Ltd (ASX: ZFX.ax) all but locked up its $804 million takeover of fellow...

Zinifex says Jinchuan accepts its Allegiance offer
(Adds background) SYDNEY, May 8 (Reuters) - Zinifex Ltd (ASX: ZFX.ax) said on Thursday Chinese nickel refiner Jinchuan Group had accepted its offer for Allegiance Mining (ASX: AGM.ax) , giving...

BHP says Chinese likely to take stake
BHP Billiton chief executive Marius Kloppers says Chinese interests will take a stake in the mining giant.The prediction comes as BHP Billiton says it is just "weeks" away from formally...

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