Futures Tick Up Amid Economic Optimism
Strong economic data from Europe and Asia sent U.S. stock-index futures climbing modestly on Wednesday, suggesting the Dow and S&P could open near record highs.
S&P 500 Notches 5th Consecutive Record Close
Wall Street ended solidly in the green as the S&P 500 logged its 11th record close of the year, the first five-day string of record closes since '98. The Dow also notched its 17th record close.
China's Alibaba Taps U.S. for Mega IPO
Chinese e-commerce behemoth Alibaba officially announced plans over the weekend to list its huge initial public offering in New York instead of Hong Kong.
FT: New York Close to Landing Alibaba IPO Over Hong Kong
Setting the stage for one of the biggest initial public offerings ever, China's Alibaba Group is reportedly 95% certain it will list its shares in New York instead of Hong Kong.
Jim Rogers: Long China, Short U.S. Junk Bonds
Rogers Holdings Chairman Jim Rogers on where he is investing.
China Moves to Devalue Yuan, U.S. Dollar Bounces
Currencies in Asia tumbled and stocks in China fluctuated after China's central bank devalued its tightly controlled currency.
China’s Government Crackdown
China’s Communist Party announced a formal investigation last month into one of the party's most senior figures, Zhou Yongkang, and one hedge fund manager says the move will bring broader political and market implications.
Glaxo: Executives May Have Broken Chinese Law in Bribery Scandal
GlaxoSmithKline said some of its executives in China appeared to have breached Chinese law related to an ongoing bribery scandal.
China Alleges GlaxoSmithKline Funneled Bribes Through Travel Agencies
Chinese police accused GlaxoSmithKline of reportedly bribing officials and doctors by channeling money through travel agencies.
GlaxoSmithKline: No Evidence of Bribery in China for Botox
GlaxoSmithKline has so far found no evidence of bribery in China related to past sales of Botox despite fresh allegations that it paid doctors cash and other benefits to prescribe the treatment.
Yum's 'Black Sheep' in China Spooks Investors
Shares of KFC and Taco Bell parent Yum Brands are down about 8% as traders digest disappointing news about its slow overhaul in China.
Bruised by iPhone Sales, Apple Dives 7%
Investors and analysts expressed disappointment with Apple's record shipments of iPhones and conservative guidance for the current quarter.
Move Over Orlando, Disney to Open Largest Retail Store in China
Disney plans to open its largest retail store in Shanghai as it ramps up investment in China to take advantage of its booming middle class.
China Powers Tiffany's 2Q Beat, Sweetened Outlook
Management raised its 2013 earnings projections after reporting a 16% jump in second-quarter profits.
Ford's Focus Surpasses 1M Sales for First Time
Boosted by demand from China and the U.S. Ford reported its Focus model was the world's best-selling passenger car in 2012.
Apple Seals iPhone Deal with China Mobile
Apple struck a deal with China Mobile to begin selling iPhones on the world's biggest mobile network starting in January.
Yum Suffers 16% Profit Drop as Sales in China Continue to Shrink
Yum Brands revealed an adjusted 2Q profit of 56 cents a share, beating estimates by two cents. Sales of $2.9 billion came in close to forecasts.
Disney Pulls Back Curtain on First China Theme Park
Walt Disney revealed details of its first theme park in mainland China, which remains on schedule to open in spring 2016.
Shedding Light on China's Shadow Banking Industry
It's hard to blame investors for losing sleep over China's $7.5 trillion shadow banking industry, but the fears of a new financial crisis may be overblown.
China Will Have World's Largest Economy By 2024: Report
A report says China will top the U.S. as the world's largest economy by 2024, a black eye politically perhaps but also a huge opportunity for U.S. businesses to sell their goods to increasingly affluent Chinese consumers.














