China

Google Contemplating Cutting Back from China Post November's Cyber Attack

GoogleSearch engine giant Google is seriously thinking about cutting back its services from China, after a serious and large-scale cyber attack in mid-November 2009 lead to a theft of intellectual property from the firm.

US Arms Sales to Taiwan Denounced by China Once Again

China-united-states-taiwanOn Saturday, China once again denounced American arms sales to Taiwan, stressing that these were an "intrusion" in the Chinese internal affairs, and risked undermining the county's relationship with the United States.

Offer for Rockland's Sweetened by Meijin to $197.2 Million

Meijin Energy Group

China's Meijin Energy Group, looking to acquire the Australian coal firm, Rockland's Richfield Ltd., has raised its offer to $197.2 Million, a move which has increased pressure on rival Indian bidder Jindal Steel & Power to either do the same or step out of the race.

The latest offer of 56 cents a share is substantially higher than Jindal's offer of 52 cents per share.

The Perth based coal company, however, has confirmed that neither of the bids are formal, and are currently subject to due diligence.

Chinese Company’s Bid for Nufarm Still Unclear

Nufarm

Talks between Chinese state-backed chemicals trading business, Sinochem and Australia’s largest agricultural chemical manufacturer, Nufarm Ltd. seem to have reached a stalemate. The Chinese company was looking towards Nufarm to become a global company in the crop protection industry. The initial offer by Sinochem was subsequently cut down by nearly 8 percent and now stands at A$2.6bn (US$2.3bn).

Scientist Identify 7 Genes Linked with Leprosy

Leprosy gene

In a new breakthrough, as many as 7 genes linked with an increased susceptibility to leprosy have been accurately identified by scientists in Singapore and China, after analysis of over 10,000 DNA samples from patients suffering leprosy as well as healthy people from across China.

The study's findings have managed to highlight the important role that the "innate immune response" plays in the contraction and progression of leprosy.

Nufarm Says Bids Below A$2.8 Billion will not be Accepted

Nufarm Says Bids Below A$2.8 Billion will not be Accepted

While in talks with Chinese-state owned Sinochem, Australia's renowned chemicals firm Nufarm Ltd., made it clear on Thursday that any bids which value the company below A$2.8 Billion ($2.6 Billion) would not be accepted.

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