Major U.S. stock indices reached "psychologically important" levels for the first time Monday morning, fostering the belief of analysts that the country's equity market has the potential to post a mild rally in the final two months of this year.
Reform of China's capital market has to be market oriented, law based and global, China's top securities regulator said Tuesday at an economic forum.
The role of the market in China has officially switched from "basic" to "decisive", and is key to understanding the reform agenda.
The Chinese mainland will support Taiwan in developing an offshore yuan market, and the two sides are negotiating a currency swap mechanism, a mainland spokeswoman said Wednesday.
The Communist Party of China (CPC) unveiled a new reform blueprint on Tuesday to push forward the development of the world's second largest economy.
The 18th Central Committee of the Communist Party of China (CPC) on Tuesday approved a decision on "major issues concerning comprehensively deepening reforms" at the close of its four-day meeting.
As a young company, China's largest private shipbuilder, Rongsheng Heavy Industries, which just celebrated its 8th birthday last week, did not expect to brace the winter of its industry so soon.
Government omnipotence, which has become an obstacle to efficiency after powering China's staggering growth in past decades, is expected to be addressed in reforms outlined by the country's new leadership for the next decade.
China is still the best choice for global manufacture outsourcing, U.S. experts at the 14th U.S.-China Chamber of Commerce's Trade Conference in Chicago on Monday.
The volume of the mobile shopping market in China reached 34.1 billion yuan (5.59 billion U.S. dollars) in the third quarter of 2013, a major tech industry analyst said on Tuesday.
In September, China released a new directive to promote new energy automobiles, stipulating that no less than 30 percent of cars purchased should come from non-local manufacturers.
European leaders gathered again after summer, trying to outline a new stimulating plan to enhance recovery by building a European Union (EU)-wide digital market.
China's reform and opening-up is undergoing an historic process of transformation and upgrading. The Chinese central government is streamlining many of its administrative processes. It's simplifying the review and approval process for businesses and investment projects. And by doing so it hopes to energize the country's maturing market.
Investors finally showed some nervousness Tuesday towards the ongoing fiscal wrangling in Washington, as the partial government shutdown drags on into a second week and the debt ceiling deadline is looming large, eroding market confidence.
Driven by rapid urbanization and speculation, China's property market has taken off in recent years, especially after the economic stimulus policies the government issued in 2009 to help weather the global financial crisis.
U.S. stocks rebounded Tuesday from Monday' s selloff, seemingly to be unmoved by what is the first partial U.S. government shutdown in 17 years.
The U.S. Federal Reserve on Wednesday surprised the markets by delaying the long-debated tapering of its current monthly 85-billion-dollar bond buying program, citing concerns over tighter financial conditions and fiscal headwinds, leaving the actual wind-down of the monetary stimulus down the road.
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