Chinese e-Commerce Giants Report Booming Singles Day Sales

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Chinese e-Commerce Giants Report Booming Singles Day Sales

BEIJING — Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world’s busiest online shopping day. Singles Day began as a joke …
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German Flickers of Hope Arrive Just Before Verdict on Recession

“Germany has come to a point where it clearly needs to rethink its economic model,” he said on Bloomberg Television. “It has been a great exporter to
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Son of Philippine Billionaire, Lucio Tan Jr., Has Reportedly Died

PAL Holdings Inc. President Lucio “Bong” Tan Jr., son of Philippine billionaire Lucio Tan, died on Monday, days after collapsing during a basketball game, the Philippine Star reported. The younger Tan succumbed to brain herniation, the newspaper said on its …
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Asian Shares a Sea of Red as HK Chaos Hits Sentiment

SYDNEY — Asian shares sank on Monday, the safe haven yen rose and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war. Hong Kong’s …
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China leaves bitcoin mining out of list of restricted activities

SHANGHAI (Reuters) – China, which is among the biggest manufacturers of bitcoin mining gear, has decided against eliminating the mining of the cryptocurrency, the state planner has indicated. FILE PHOTO: A cryptocurrency mining computer is seen in front …
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