Alibaba’s on-demand online services unit valued at $30 billion: sources

Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising […]

Samsung gives first glimpse of foldable phone

Samsung Electronics Co Ltd unveiled its much-anticipated foldable phone in San Francisco on Wednesday, urging Android developers to start writing […]

Toshiba sheds more assets, cuts jobs to regain investor trust

Toshiba Corp (6502.T) announced on Thursday it is shedding assets, cutting jobs and buying back its stock starting this week, […]

World stocks notch up longest winning streak of year ahead of Fed meeting

World stocks basked in an eighth straight session of gains in their longest winning streak of the year on Thursday, […]

U.S. to impose new duties on Chinese aluminum sheet products

The U.S. Commerce Department on Wednesday said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminum […]

Firepower for U.S. stocks may lose spark as Democrats gain clout

The U.S. stock market may be facing the remainder of Donald Trump’s presidential term with the prospect of less juice […]

PetroChina agrees 2019 annual crude supply deals with Saudi Aramco, Kuwait

Chinese oil major PetroChina inked 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp on […]

European stocks bounce back on Italy relief, China growth worries linger

Concern over China’s slowing economy dented U.S. stock futures and kept world stocks under pressure on Monday although European shares […]

Daimler doesn’t rule out future cooperation with Tesla: report

Daimler AG does not rule out cooperating with Tesla Inc in future even though the German luxury car producer sold its […]

Sterling stuck near two-month lows before UK budget speech

The pound inched down to just above two-month lows on Monday as traders prepared for the British finance minister’s annual […]