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China

Alibaba, JD.com, Pinduoduo kick-start Singles’ Day promotions on same day

Taobao and Tmall Group, Alibaba’s domestic e-commerce business unit, launched at 8pm on Monday the presale stage of its promotion for Singles’ Day –...

How China built the world’s longest high-speed railway

China has the world’s largest high-speed railway. Known as an “infrastructure monster”, it only took about 20 years for the country to develop the...

US Treasury calls for new IMF, World Bank steps to ease liquidity strains

By David LawderWASHINGTON (Reuters) -The U.S. Treasury's top economic diplomat on Friday called on the International Monetary Fund and multilateral development banks to work...

Indonesia bans Temu over fears Chinese shopping giant will ‘destroy’ local SMEs

Indonesia has banned Chinese online marketplace giant Temu to protect its micro, small and medium-sized enterprises from getting “destroyed” and prevent cheap products from...

Why China’s belt and road push could give it an edge in Southeast Asia

Southeast Asia is playing an ever-growing part in China’s investment and diplomatic decisions, particularly as Beijing’s rivalry with Washington heats up. In the third...

Morgan Stanley’s shopping list for commodity stocks to get a boost from China stimulus

These commodity stocks could win big as China moves to boost its struggling real estate sector and economy, according to Morgan Stanley. The picks...

IKEA shopping mall arm opens doors to $1 billion Shanghai development

By Casey HallSHANGHAI - IKEA's shopping malls business Ingka Centres opened a mixed-use project in Shanghai on Friday, costing over 8 billion yuan ($1.14...

Alibaba prepares US$5.7 billion war chest for Singles’ Day merchants

Alibaba Group Holding has earmarked at least 40 billion yuan (US$5.7 billion) worth of resources to help merchants on Taobao and Tmall during the...

Stock market today: US futures tick higher as Fedspeak, China stimulus lift spirits

US stocks inched up before the bell on Tuesday, poised to pick up on a winning streak as pro-rate-cut Fedspeak and China's launch of...

CNBC Daily Open: Fedspeak reassures markets

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in...

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