Futures on major US indices point to a lower opening Monday as political uncertainty in France and the Netherlands, as well as mixed data from China, weighed on the sentiment.
China and Germany, the world's two biggest exporters, can nearly double their bilateral trade in the next three years, but must also improve their market access and combat protectionism, Chinese Premier Wen Jiabao said on Monday.
China’s manufacturing activity improved in April compared to March but continued to contract for the sixth straight month, according to the preliminary HSBC flash Purchasing Managers Index (PMI) released Monday.
Alibaba.com Ltd, China's largest listed e-commerce company, posted a 25 percent slide in first-quarter earnings on Monday, weighed by a stagnant paying member base and higher operating expenses.
Alibaba.com Ltd, China's largest listed e-commerce company, posted a 25 percent slide in first-quarter earnings on Monday, weighed by a stagnant paying member base and higher operating expenses.
U.S. stock futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.8 to 0.9 percent.
China's hot Internet sector is facing a problem it is unaccustomed to: a lack of money.
China's factories posted their best performance this year as a measure of new business rose from multi-month lows, a private sector purchasing managers survey showed on Monday, though overall activity still contracted for a sixth successive month.
Asian stock markets declined Monday despite a report showing stable Chinese manufacturing activity in April.
Global finance chiefs pressed Europe in weekend talks to quickly put in place the economic reforms needed to finally extinguish its debt crisis now that newly increased financial buffers have bought some precious time.
Nestle SA, the world's largest food group, said Monday that it has agreed to acquire children's food maker Pfizer Nutrition for $11.85 billion.
The euro edged down from two-week highs and shares weakened on Monday as political developments in France and the Netherlands raised fears about the region's commitment to tackle its ongoing debt crisis.
China's senior most diplomat has showered praise on North Korea's young leader Kim Jong-Un, despite tensions created by Pyongyang's failed rocket launch last week, which the international community had condemned.
ZTE Corp, China's second-largest telecommunications equipment maker, said on Monday that it expects to reverse a decline in handset profit margins this year and forecasts global sales of its smartphones to more than double from 15 million sold in 2011.
China will take a gradual approach to yuan reform and will not be in a hurry to free up deposit rates offered by banks, as it seeks to rebalance its economy and deepen its financial markets.
Asian shares and the euro eased on Monday, but losses were kept in check after a report showed Chinese factory activity stabilizing in April, alleviating worries about a sharp growth slowdown in the world's second-largest economy.
China is set to speed up spending on roads, railways and utilities to boost economic growth, the official China Securities Journal said on Monday, citing government economists.
The United States believes a Chinese firm sold North Korea components for a missile transporter showcased in a recent military parade and will press Beijing to tighten enforcement of a U.N. ban on such military sales, a U.S. official said on Saturday.
A shortage of domestic coal has postponed the construction of new power plants in the energy-starved country.
Apple's fabled iPhone 5 is creating a host of fuss and hype on the Internet of late. according to the latest rumors, iPhone 5 will feature unibody design, liquidmetal casing, in-cell display panel, 16:9 aspect ratio, all screen display and will release in October.
By Ben KlaymanFord Motor Co , seeking to tap into China's growing appetite for brawny sport utility vehicles, will quadruple its offerings in that segment over the next year.
China and Russia began their first joint naval exercise Sunday in the Yellow Sea off China's east coast, China's official news agency Xinhua reported. The six-day joint naval drills are being conducted amid the Chinese standoff with its neighbors over territorial disputes.
