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Hot data keeps global markets on solid track after US-China deal

16 Jan 2020

World stocks held near record highs on Thursday as some encouraging US data ensured there was no post US-China trade deal hangover for global markets. After the previous day’s excitement...

Alibaba opens European platform ‘AliExpress’ to cater local vendors

08 Jan 2020

China’s retail giant Alibaba is finally making its move on Europe. The company is undercutting the sellers’ fees to attract vendors but has had mixed results, six sources with direct...

China releases $114.91b to spur economy

01 Jan 2020

China’s central bank said on Wednesday it was cutting the amount of cash that all banks must hold as reserves, releasing around 800 billion yuan ($114.91 billion) in funds to...

China’s December factory activity may expand in 2nd month as well

30 Dec 2019

China’s factory activity likely expanded again in December on stronger external demand and an infrastructure push at home, but the pace of growth is set to ease as markets await...

Markets gain as investors hail preliminary US-China trade deal

16 Dec 2019

World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and...

US-China trade deal gets tepid reception

14 Dec 2019

US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely a victory for Beijing. After a dispute that...

World markets sink as traders panic over US-China trade war

29 Nov 2019

World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States...

US-China trade deal will help oil market: Opec

13 Nov 2019

Opec’s Secretary General said on Wednesday a trade deal between the United States and China would boost the global economy and would help lift a “dark cloud” over the oil...

Mixed corporate earnings offset progress in China-US trade talks

22 Oct 2019

European shares eked out small gains on Tuesday as talk of progress in China-US trade talks was offset by mixed corporate earnings, while sterling held below $1.30 ahead of another...

China to scrap business curbs on foreign banks, brokerages

17 Oct 2019

China will remove business restrictions on foreign banks, brokerages and fund management firms, a cabinet meeting chaired by Premier Li Keqiang said, state television reported. But the move, which comes...

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