In comparison, American billionaires have gained more than $56 billion this year.
Alibaba could cut $100 billion from the value of its initial public offering to avoid a dropoff in the days that follow.
Apple is facing a new lawsuit for allegedly infringing on a patent covering speech recognition technology.
Despite a rotten-meat scandal, the top American fast-food brands are proving resilient in the Chinese market.
One of the fastest-growing economic regions in the world could also become an innovation hub.
Over 400 million rural farmers throughout China are offline, a number the government hopes to reduce.
U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and the Gaza Strip continue to garner investor focus.
It's not looking good for the Chinese factory that once supplied Samsung, but was accused of hiring child workers.
Export orders from the East Asian state grew nearly 11 percent compared to a year earlier.
The company revealed the deal in a regulatory filing by ChinaVision, a Hong Kong-listed company recently acquired by Alibaba.
According to the flyer, both models of the iPhone 6 will be launched in China on Sept. 19.
The Alibaba IPO, to be launched in September, will benefit relatives of many Chinese officials who are large stakeholders in the company.
The incident is considered a fresh setback for both McDonald’s and Yum after the companies were hit by a food safety scandal in China in 2012.
Human rights officials say it's time for the British government to stop hiding behind the "act of state doctrine."
An explosion followed by a raging fire, engulfed five more vehicle on the same highway.
"There are still some significant gaps on some core issues, which will require more time and effort," negotiators say.
Suspected Boko Haram members also set homes ablaze in the northeastern Nigerian town of Damboa.
Yo was valued at $10 million after the completion of its initial financing round.
World markets may recover after geopolitical shocks, but the outlook is less rosy for Russia.
Apple's two-step verification security feature expanded to several countries as the Cupertino, California tech titan looks to bolster security.
Analysts expect the Palo Alto maker of the Model S to eke out $3.4 million in profit for the quarter ended June 30.
China's economy dwarfs the other members of the BRICS. Why does Beijing even need to share power in a new development bank?