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Amazon closes in on Apple in race to $1 trillion market cap

Apple,theworld’smostvaluablepubliclylistedcompany,isindangerofbeingbeatenbyAmazon.comtothe$1trillionmark.WallStreet’soptimismaboutlastyear’s10thanniversaryiPhon

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Big switch: Electric cars put China on automobile map

Theriseofelectriccarsheraldsnotonlyamajortechnologyswitchbutalsopromisesmassivedisruptiontotoday'sautogiantsasTeslaandagroupofpowerfulChineserivalstakeoverthefa

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Airbus receives 10 new orders on light helicopters from China

AirbusHelicoptershasreceivedordersforsevenH125andthreeH130lighthelicoptersfromHelifliteChina.Thesehelicopterswillbeusedtoacceleratethecompany'spresenceintheutil

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Beijing eases rules on foreign recruiters

ForeignheadhuntingcompaniesseeopportunityandinnovationinnewlyannouncedpoliciesinBeijing'srecruitmentmarketandsaytheyexpectthewholeindustrywillbenefit.Foreigntal

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Powell says U.S. Fed to remain alert to financial stability risks

U.S.FederalReservechairmanJeromePowellsaidonTuesdaythatthecentralbankwillremainalerttoriskstofinancialstabilityinthewakeofrecentmarketrout."Wewillremainalerttoa

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The fundamentals are strong?

"Thereisnosuchthingasarightanswer."Asanacademic,Icansaythatthisproverbhasrungtrueformostofmycareer.Infact,withtherecenttumultintheworldmarkets,thisadageremainst

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India: Foreign investors face tough choice after trading curbs

AmovebyIndianexchangestostoplicensingitsproductsanddatatoboursesabroadwilllikelyforceforeigninvestorsintoatoughoption:migratetheirtradingonshoretoIndia,withitsu

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'Big shakeout coming': markets stem losses as hedge fund sounds warning

Financialmarketsarebracedformorevolatilitythisweekamidpredictionsfromtheworld’sbiggesthedgefundthata“bigshakeout”iscoming.TheAustralianstockmarketwasthefirsttot

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U.S. stocks witness heavy weekly sell-off amid higher inflation concerns

U.S.stocksfluctuateddramaticallyduringtheweek,beforeendingtheweeksharplylower,asastrongjobsreporttriggeredpanicsalesamidratehikeconcerns.OnMonday,theDowplummetn

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US stocks plummet again as S&P, Dow confirm correction

USstocksplungedonThursdayinanotherdramatictradingsession,withthetwobest-knownstockmarketindexesfallingmorethan10percentfromJan.26recordhighs.TheSP500slumped3.8p

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Recent market declines won't change economic outlook: US Fed Head

NewYorkFederalReserveBankPresidentWilliamDudleysaidonWednesdaythattherecentmarketdeclineswon'tchangehisestimateoftheU.S.economicoutlook."Thiswasn'tthatbigabumpi

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U.S. equities enter correction territory as fears increase

U.S.stocksplungedMonday,extendingasteepsell-offfromtheprevioussession,amidincreasingconcernsthatrisinginflationwillforceinterestrateshigher.TheDowJonesIndustria

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US regulators are trying to figure out what to do with cryptocurrency

BothchairmanoftheSecuritiesandExchangeCommission(SEC)andchairmanChristopherGiancarlooftheCommodityFuturesTradingCommission(CFTC)willwarnCongresstomorrowabouthow

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What the US stock drop means for Trump and China

TheDowJonessawitsbiggestpointsdeclineinhistoryonMonday,withAsianmarketssufferingsomeoftheirbiggestfallsindecadesonTuesday.WithUSPresidentDonaldTrumpanointinghim

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Dow plunges over 1100 points as sales turn panicky

U.S.stocksclosedsharplyloweronMonday,withtheDowplummeting4.60percent,asthemarkettookaheavyhitfrompanicsales.AnelectronicscreendisplayingtradingdataisseenattheNe

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China to start direct trading between yuan, Thai baht

ChinaannouncedonFeb.2thatitwillallowdirecttradingbetweentheChineseyuanandtheThaibahtonitsinterbankforeignexchangemarketbeginningfromFeb.5.Themoveaimstoboostbila

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Liu He's speech at Davos indicates China’s open economy enters 3rd phase

ByAPDwriterMeiXinyuTranslatedbyDengXianlaiThefamiliarityofLiuHe,wholedtheChinesedelegationatthisyear’sWorldEconomicForuminDavos,Switzerland,toChinawatchersinthe