Lawyers in the United States are going after China-based Longwei Petroleum Investment Holding Limited for allegedly misleading investors.

Chinese dairy company Mengniu and Danish dairy giant Arla signed a framework agreement for the implementation of a diary technology cooperation center project.

U.S.-based Pfizer Inc. says it has resolved U.S. Department of Justice and Securities and Exchange Commission matters related to certain improper payments in the operations of two of its subsidiaries outside the United States, which Pfizer voluntarily reported to the U.S. government beginning in 2004.

Co-founder of the $78-billion-under-management Oaktree Capital Management says its China fund may not get fully invested in China Money Podcast's anniversary episode Beijing, China (July 13, 2011) /ChinaNewswire.com/ — Howard Marks, co-founder and chairman of Los Angeles-based Oaktree Capital Management, says the firm's China fund's performance is mediocre. The 66-year-old King of Distressed Debt gives [...]

Chinese multi-platform media company SearchMedia Holdings Limited says it has reached settlement agreements for the arbitration between the company and certain of its predecessor shareholders.

Hong Kong's Environmental Protection Department announced the approval of 13 applications for funding support on the trial of green and innovative transport technologies under the Pilot Green Transport Fund.

In accordance with the related items in the Chinese Labor Law and Labor Contract Law, the Bureau of Human Resources and Social Security of Beijing's Haidian District has announced that Ku6.com's previous employee layoffs are illegal and invalid, and the bureau reportedly ordered the Chinese video website to make rectifications before May 30, 2011.