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Insurance Australia Group (IAG), the largest car and home insurer in Australia, has signed a memorandum of understanding (MOU) to buy 24.9 per cent of China Pacific Property Insurance Company (CPIC Property).[newsphoto]
Insurance Australia Group (IAG), the largest car and home insurer in Australia, has signed a memorandum of understanding (MOU) to buy 24.9 per cent of China Pacific Property Insurance Company (CPIC Property).[newsphoto]
Income-tax threshold raised for foreigners
Foreigners working in China have to pay personal income tax only if their monthly pay is above 4,800 yuan (US$592), up from the previous threshold of 4,000 yuan (US$493), Xinhua reported yesterday.
·China's IC market leaps to top for 1st time
·Nation's tech import contracts up in 2005
·Moderate growth forecast for auto sales
·Phone subscribers to reach 820m in 2006
·Nation may introduce antimonopoly law
·China's economy to grow around 9% in 2006
·IPO funds in 2006 seen at US$25.64b
·Air traffic growth expected to slow
-Small enterprise show
-Liaison officers’ conference
-Biz expo
-Samsung show
-New Ferrari store opens in Shanghai
-Foreign banks allowed to trade forwards
-China issues new bank notes
-Official says oil sector well balanced
-RBS in US$3.1b deal for BOC stake
-Foreign banks to buy Guangdong bank shares
-Global software talent hunt
-Money brokers set to cash in
-Ford bolsters Jiangling stake
-Tom Online reports record revenues
-Yahoo's US$1b 'open sesame' for Alibaba
-Machine tool firm recalls products
-Tax rise may push up oil, gas prices
-Yahoo! 'in talks' for stake in Alibaba.com
-Canara Bank to upgrade in Shanghai


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