THE US retail giant Costco is diving into the thorny area of food retail in China with its first store opening this week, but analysts warn it faces a tough ride as it looks to succeed where a...

[HONG KONG] Chinese supermarket operator Wumart Stores Inc and an investor group backed by rival Yonghui Superstores Co are among suitors that proceeded to the final round of bidding for German...

PROPERTY development and investment group Metro Holdings has agreed to invest 200 million yuan (S$39.8 million) for a 50 per cent stake in Xiamen CICC Qihang Equity Investment Partnership, or CICC...

SINGAPORE shares opened lower on Tuesday morning, with the Straits Times Index down 32.99 points, or 1.08 per cent, to 3,032.08, after Wall Street stocks sank on Monday.