Property fund Invesco plans to launch a $300 million property fund to funnel investment into China and Japan at a time when Asia's climbing property prices and a hunger for new homes are drawing ever-larger pools of capital.Invesco, a unit of Anglo-US fund manager Amvescap, hoped to create the fund ...

SHANGHAI: Huayi Group plans to invest about 100 million yuan in a pilot project to manufacture a medicine for diabetics that it developed through its own research."The board has approved the project which will be launched in the third quarter of this year," said Zhang Peizhang, chairman of Shanghai ...

SHANGHAI: German chemical giant Henkel Group will invest at least 100 million yuan (US$12.1 million) in a global research and development (R D) centre in Pudong, Shanghai.And Sandy Song, a spokesperson for Henkel in China, told China Daily yesterday that the cost of the project could go far beyond t...