China's yuan extended a decline from the lowest level in more than two years amid speculation the government will take further steps to support the economy after cutting interest rates for the second time in three months.
Chief executive says company is confident of catching up with top global players
JD.com Inc, the biggest e-commerce rival to Alibaba Group Holding Ltd in China, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories.
As Chinese consumers fret about whether locally produced infant formula is safe, the Dutch postal service has a burgeoning new line of business: exporting milk powder to China.
'Sexy yet traditional' product will make consumers pay up, industry analysts say
Alibaba Group Holding Ltd faces a 24,000 yuan ($3,820) fine and other possible penalties related to its affiliate in Taiwan, where the local economic authorities are investigating the mainland company's investment.
A new electronic daily gold pricing mechanism, set to launch on March 20, will include more participants in setting the benchmark price of the precious metal, including Chinese banks such as Industrial and Commercial Bank of China Ltd.
Looking to slower domestic conditions in the future, equipment manufacturers strike out on their own, reports Lyu Chang.
Local government financing vehicles are selling bonds at the slowest pace in three years, throwing the burden on Premier Li Keqiang to follow monetary easing with fiscal stimulus.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
