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Bitcoin zooms above $13,000 to record high on relentless demand

Bitcoin'srecord-breakingrisecontinuedonWednesdayasthecryptocurrencybrokeabove13,000USdollarsevenasquestionsswirledaboutitsrealvalueandsustainability.Thepayments

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Bitcoin surges above $12,000 to record high on relentless demand

Bitcoinextendeditseye-poppingrallyonWednesday,breakingabove$12,000toarecordhighdespitequestionsaboutthecryptocurrency’srealvalueandworriesaboutadangerousbubble.

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China central bank skips open market operations on sufficient liquidity

China'scentralbanksuspendedopenmarketoperationsTuesday,citingsufficientliquidityinthebankingsystem.Themovemeantanetcashwithdrawalof170billionyuan(25.7billionU.S

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Chinese smartphones officially enter the Sri Lankan market

ByAPDwriterEaswaranCOLOMBO,Dec.5(APD)–ChinesesmartphonesofficiallyenteredtheSriLankanmarketatamajorlauncheventheldonMondaynight.Mr.Max,thelocalheadofoperationsf

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China opposes US rejection of granting market economy status

TheChineseMinistryofCommerceexpressedonSaturdayitsfirmobjectiontotheUS'srejectionofChina'smarketeconomystatus,sayingitisdeeplyunsatisfiedwiththemove.Theresponse

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Opinion: China’s market economy status at WTO

TheAssociatedPressreportedonFridaythattheUnitedStatesissupportingtheEuropeanUnioninadisputeoverChina'smarketeconomystatusattheWTO.Thismarketeconomyissuehasbeenh

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China slams ‘non-market economy country’ concept

ChinaonFridaydeniedtheconceptofa“non-marketeconomycountry”andurgedrelevantmembersoftheWorldTradeOrganization(WTO)toabidebyWTOrules.“Theconceptofa‘non-marketecon

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Highlights of Janet Yellen’s achievements at the helm of the Fed

ChairoftheUSFederalReserve,JanetYellen,isenteringthefinalstretchofafour-yeartenurewhichwasaclearsuccessmeasuredbytheFed’sdualmandateofpromotingmaximumemployment

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Analysis: China’s cinemas – why size matters

Chinaisexpectedtohaveover60,000cinemascreensby2020,consolidatingitspositionastheworld’slargestfilmmarket,thecountry’sfilmregulatorhasannounced.Thefigures,givenb

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Smartphone market seeing steady growth, as bigger screens rule

Theglobalsmartphonemarketisexpectedtoseesteadyifunspectaculargrowthinthenextfewyears,asconsumersturnincreasinglytolarge-screenhandsetsknownas"phablets,"amarkett

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Alibaba betting on long-term gain from eSports investment

TheboomingeSportsindustrymaynotyetattractthesponsorsandtelevisionrightsofreallifesports,butChinesee-commerceconglomerateAlibababelievesitisonlyamatteroftimebefo

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Why we should be wary of ending net neutrality

Doyouwant[theinternet]tobegovernedbyengineersandentrepreneurs,ordoyouwantitgovernedbylawyersandbureaucratshereinWashington?”ThatwasthequestionaskedtotheAmerican

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Chinese construction firms keen to explore Middle East markets

ChineseconstructioncompaniessaidonSundaythatthedemandintheMiddleEastregionremainshighdespitethegeopoliticalissues.Theremarksweremadeduringthelargestconstruction

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S. Korean retailers rev up efforts to expand presence in Middle East

SouthKoreancompaniesarepushingtoexpandtheirpresenceintheMiddleEasternmarketaftersufferingbacklashfromadiplomaticrowbetweenSeoulandBeijingoveraU.S.missiledefense

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Zimbabwe bourse loses $6 bln shedding 40% value after military takeover

Zimbabwe’sstockmarkethasshed6billionUSdollarswhileitsmainindexhasslumped40percentsincelastWednesdaywhenthemilitaryseizedpowerleadingtothefallofRobertMugabe,stoc

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U.S. Fed likely to raise interest rates in Dec. despite inflation debate

U.S.FederalReserveisontracktoraiseinterestratesinDecember,althoughFedofficialsstilldividedoverinflationoutlook,theminutesoftheFed'slatestmonetarypolicymeetingsh

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China's ports required to rectify problems after antitrust probe

China’slargeportsarerequiredtorectifyproblems,suchasoverchargedloadingandunloadingservices,restrictionsofcompetitioninthemarketoftug,tallying,andshippingagencys