Tag: economy

The Singles' Day shopping festival loses its shine under China's lagging economy

HONG KONG -- Merchants and consumers alike found the Singles' Day shopping festival Monday less shiny than in years past as e-commerce firms...

Stock market today: Asian shares gain after US Fed cuts interest rates

HONG KONG -- Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure...

China to unveil much-anticipated economic stimulus package

BEIJING -- China is expected to announce much-anticipated steps to boost its flagging economy Friday at the end of this week's meeting of...

Average rate on a 30-year mortgage in the US rises for sixth straight week

The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early...

China's exports grew 12.7% in October, fastest pace in more than 2 years

HONG KONG -- China's exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according...

Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed

Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White...