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Markets 26 Nov 2018 | 10:56 PM

Wall Street rallies as Cyber Monday shoppers log on

NEW YORK: Wall Street bounced back on Monday as bargain hunters returned in force after last week's sell-off and expectations of a flurry of holiday cyber-spending drove up shares of retailers.

Economy 14 Nov 2018 | 4:52 AM

China industrial output, investment beat forecasts; retail sales miss

BEIJING: China reported a mixed bag of economic data for October on Wednesday, but industrial output and investment grew faster than expected, suggesting a flurry of support measures may be starting to take hold.

Business 12 Nov 2018 | 12:00 AM

China’s annual shopping frenzy shatters records again

SHANGHAI: Online shoppers spent more than US$14bil within the first two hours of China’s annual buying frenzy on Sunday, once again breaking records as the consumer tradition enters its 10th year.

e-Commerce 11 Dec 2017 | 3:52 AM Premium

How Amazon picks its deals of the day

Independent sellers contribute about 70% of sales

Business 02 Dec 2017 | 12:00 AM Premium

Alibaba may be big, but it still bows to Beijing

US tech companies fought for dreamers, but their Chinese counterparts haven’t protested in support of migrants being evicted in Beijing.

Retail 27 Nov 2017 | 2:18 AM Premium

Inside the Wal-Mart vs Amazon battle over Black Friday

Online retailers are upsetting a few great American traditions.

Business 20 Nov 2017 | 12:00 AM

Despite Amazon, brick stores are not dead yet

NEW YORK: Just in time for the Black Friday kick-off to holiday season shopping, stock market investors have been handed tools to bet on the decline of brick-and-mortar retail.

Economy 14 Nov 2017 | 7:36 AM

China’s economy cools as govt curbs hit factories, property and retailers

BEIJING: China’s economy cooled further last month, with industrial output, fixed asset investment and retail sales missing expectations as the government extended a crackdown on debt risks and factory pollution.

Corporate News 14 Nov 2017 | 12:00 AM

Alibaba’s rise creates 10 billionaires besides Jack Ma

HONG KONG: Jack Ma, who launched China’s largest e-commerce company two decades ago and rode it to a US$47.6bil fortune, turns out to have created billions of dollars of wealth for at least 10 others – a total of almost US$100bil.

Retail 11 Nov 2017 | 12:00 AM

China’s 24-hour shopping gala: more tech, fewer deals?

SHANGHAI: Singles’ Day, once a celebration for China’s lonely hearts and now the world’s biggest shopping spree, opens at midnight on Friday, with millions of shoppers eager to snap up cut-price deals.