Solid economic growth will help the US budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released on Monday.
Biggest two-day loss for currency since the onset of global financial crisis
Tighter controls on information technology products used in the financial sector may pose more hurdles for overseas companies in China, industry sources said on Monday.
IBM Corp on Monday denied media reports that it will cut 110,000 jobs, saying the layoff only involves several thousands employees.
WeChat, the online messaging application that has about 468 million monthly active users, kicked off an advertising program on Sunday with three advertisers debuting on its content sharing platform.
It took Su Yuehua a while to figure it out, but he learned the secret to business success in West Africa, reports Xiao Lixin.
First it was European formula powder milk, then New Zealand milk. Now Chinese consumers are adding Japanese rice to the list of everyday foods they will bring in from abroad at luxury-good prices because they fear the local alternatives are not safe.
New owner Lenovo hoping for renewed interest in 'Hello Moto'
A surge in passenger traffic drove the high-speed rail route from Beijing to Shanghai into the black for the first time in 2014, its third year of operation, the official Xinhua News Agency reported on Monday.
China will cut retail prices of gasoline by 365 yuan ($58) per ton, or 0.27 yuan per liter, and for diesel by 350 yuan per ton, or 0.3 yuan per liter, from Tuesday because of falling international oil prices, the central government's economic planning agency said on Monday, the latest in a string of cuts that started in July 2014.
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