OPEC and its allies have reportedly agreed to deepen its production cuts by 500,000 barrels per day in an attempt to support crude oil prices in the face of booming U.S. output.
Alibaba's Hong Kong shares stumbled past the finish line Friday as they wrapped their first week of trading in the Asian financial hub. But the stock has still managed to score double-digit gains since its debut.
The United States and China could still reach a "phase one" trade deal. That's the message for investors after top US and Chinese negotiators had a phone call late Monday.
Walmart is doubling down in China despite an economic slowdown.
With China's economy slowing, many market and economic experts believe that the United States has more leverage to negotiate favorable terms to end the trade war.
The political unrest in Asia's premiere financial hub has taken a dark, violent turn this week. But the turmoil is not scaring investors and companies away — at least, not yet.
Chinese e-commerce giant Alibaba has announced plans to raise up to $13.4 billion by issuing shares in Hong Kong, a vote of confidence in the Asian financial hub that has been rocked by months of civil unrest.
Visitors to China can now access the country's massive cashless economy.
China's richest man says he's ready to take on The Money Team.
China stock markets declined Monday after a Chinese delegation reportedly canceled a scheduled visit to US farms, fueling pessimism about the prospect of a trade truce between the world's two largest economies.
Jack Ma, the billionaire who ushered e-commerce into China, is officially stepping down as Alibaba's executive chairman on Tuesday. He's celebrating his retirement with a big bash at an Olympic-sized stadium in the company's hometown of Hangzhou.
Asian markets were modestly higher optimism about the future of the US-China trade relationship.
Alibaba has delayed plans to list its stock in Hong Kong, according to Reuters.
The Chinese consumer is still spending, despite concerns about a trade war-induced economic slowdown. Online retail giant Alibaba reported a more than 40% jump in sales in its latest quarter, results that were better than analysts expected.
Alibaba said Tuesday it is opening up the Alibaba.com platform, allowing American companies to sell their products to small- and mid-sized business buyers around the world. That will help Alibaba better compete with Amazon and Shopify, which already have a thriving marketplace for large companies to sell to business customers across the globe.
Trading on China's new Nasdaq-style stock market got off to a spectacular start Monday as investors sent share prices soaring, creating several new tech billionaires in the process.
China's national women's soccer team just got a big boost from online payments app Alipay.
Alibaba is considering a secondary share listing that would potentially dwarf some of the biggest IPOs of the year.
China's economy may be slowing down, but the country is still set to eclipse the United States as the world's top retail market for the first time.
Traffic used to be a frequent headache for residents in Hangzhou, the eastern Chinese city that's home to Alibaba.
Not so long ago, Chinese bike-sharing firm Ofo was flush with cash and hailed as a game-changing tech startup. Today, it's struggling to stay afloat.
Within 24 hours of his arrest in August on suspicion of rape in the United States, Richard Liu was released from jail and returned to China.
SoftBank's blockbuster IPO has flopped in its market debut.
China's most famous entrepreneur and billionaire has been outed as a card-carrying communist.