Prices on consumer purchases, excluding food and energy, rise by 0.3% in June after gaining 0.1% in May, a report from the Labor Department's Bureau of Labor Statistics shows.
Sports drink manufacturer on mainland pans Hong Kong colleagues for decision to stop running adverts on city's biggest free-to-air broadcaster Decision made following public concern over 'pro-Beijing coverage', as anti-bill campaigners target other advertisers
It looks like a good time to tighten up and protect profits.
Amazon plans to spend more than $700 million to retrain one-third of is U.S. workforce by 2025.
Bank of America says the higher-than-expected number of downloads in the second quarter should have led to stronger revenues.
Jim Cramer weighs in on Bed Bath & Beyond post-earnings and what he expects from Federal Reserve Chairman Jerome Powell when he starts his second day of testimony in front of the House Financial Committee Thursday.
Among the units on offer are 128 sq ft flats - smaller than a car parking space - priced at US$222,200 Agents believe improved sentiment will lead to improved demand this weekend
Bank of America economists last week had projected that the Federal Reserve wouldn't cut interest rates at a meeting later this month - a remarkable out-of-consensus call by the second-largest U.S. bank. But after Fed Chairman Jerome Powell's testimony on Wednesday before the House of Representatives, the economists now say there's little point in resisting the central bank's apparent resolve to move forward with a reduction.
Will BBBY be the next retailer to bite the dust?
Investment in China by overseas investors rose to US$70.4 billion in the first half of 2019, 3.5 per cent higher than a year earlier In yuan terms, foreign direct investment rose 7.2 per cent to 478.3 billion yuan in the first six months of 2019, the same growth rate as in the first five months
Dajia Insurance Group takes over the property and casualty insurance assets as the break up of the company founded by jailed former chairman Wu Xiaohui gathers pace New firm is a joint venture between the China Insurance Security Fund, Sinopec Group and SAIC Motor, with a total investment of 20.36 billion yuan (US$3 billion)
Chinese foreign direct investment came to US$3.3 billion in North America and US$9 billion in Europe in the first half, down by a fifth from a year ago Firms face tighter capital controls at home and tougher scrutiny from foreign governments and regulators
Washington is considering lifting sanctions on Pyongyang's exports of coal and textiles for 12 to 18 months, according to the South Korean news agency But the potential deal is contingent on the hermit kingdom dismantling its main nuclear facility and freezing its entire nuclear programme, a source says
As long as the Fed stays dovish the market probably doesn't care too much about other matters.
'I hate the question' former TV news anchor tells male interviewer She then demands to know if male businessmen get asked the same
He did not directly participate in first 11 rounds of trade negotiations, but took part in a phone call alongside top negotiator Liu He this week Some see his inclusion as a step to toughen China's negotiating position as he is viewed by many as a hardliner who always toes the party line
U.S. stock futures point higher following dovish testimony from Federal Reserve Chairman Jerome Powell; Delta boost outlook; Bed Bath & Beyond issues a gloomy forecast; the U.S. launches a probe of France's proposed digital tax which appears to target U.S. tech giants such as Alphabet and Amazon.com.
Trump has claimed that social media platforms are biased against his agenda.
Negotiations to restart development of deep water port 'ongoing', Mbelwa Kairuki says Project was halted last month by African nation's president over problems with terms of deal
Lockheed Martin will keep its Sikorsky helicopter plant in Pennsylvania open after being pressured by Donald Trump to keep the facility operating.
Former People's Bank of China governor Zhou Xiaochuan suggests Beijing could delegate issuance of digital currency to commercial entities Speech in Beijing this week shows that China is rethinking its digital currency strategy
In China, traders fret that a hot new tech board is pulling money away from broader market Much-hyped IPO of Budweiser Brewing APAC ends up less oversubscribed than expected
Otto Poon Lok-to, husband of Hong Kong's Secretary for Justice Teresa Cheng Yeuk-wah, founded the engineering company in 1977 Analogue says retail tranche was oversubscribed 6.6 times
Xi Jinping's Belt and Road Initiative to connect Asia with Africa and Europe has attracted a barrage of criticism Asia Society Policy Institute vice-president Daniel Russel calls for China to work with host countries to avoid corruption claims and ensure the success of projects
Global fund managers have sold 422 million yuan of Kweichow Moutai shares, 1.2 billion yuan in Wuliangye Yibin stock Buying into consumer stocks risky because of crowded trading, JPMorgan Asset Management says
Other new investors include the Alibaba Entrepreneurs Fund, Blue Pool Capital and actor Will Smith's Dreamers Fund
The retail offering for the world's biggest IPO of the year is estimated to be 3.7 to 5 times oversubscribed, far below earlier forecasts of 10 to 15 times Demand was crimped by high interest rates which made investors reluctant to borrow from brokers to buy the shares, say analysts
President of European Economic and Social Committee Luca Jahier says Beijing could improve standing by making Chinese market a more fair place to do business 'The EU is under huge pressure not to use any Huawei equipment in its roll-out of 5G networks,' Jahier says
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