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Corporate News 23 Jan 2017 | 7:47 AM

China’s online population reaches 731 million

Beijing: The number of internet users in China - already the world’s highest - reached 731 million in December, authorities said, as e-commerce drives consumer demand across the Asian giant.

Corporate News 12 Jan 2017 | 3:52 AM

Global PC sales fall 6.2%, fifth straight year of decline

KUALA LUMPUR: Global personal computer (PC) sales fell 6.2% to 269.7 million units in 2016 from a year ago, extending the decline in sales for the fifth straight year, according to Gartner, Inc.

Business 29 Nov 2016 | 5:10 PM

Cyber Monday sales biggest online shopping day in US history

BENGALURU: Shoppers spent US$3.45bil (RM15.39bil) on Cyber Monday on Samsung 4K TVs, PlayStation 4s and Barbie dolls among other products, marking the largest online sales day in US history.

Business 28 Nov 2016 | 12:00 AM

Black Friday limps toward oblivion

NEW YORK: The decades-old retail tradition of Black Friday limped closer to obsolescence this year as online shopping and earlier discounts kept many brick-and-mortar customers at home.

Business 25 Nov 2016 | 3:22 PM

Retailers nudge Dow, S&P to record highs on Black Friday

NEW YORK: Wall Street extended its record-setting rally on thin volumes on Black Friday, with the Dow and S&P hitting record highs, helped by gains in retailers at the start of the crucial holiday shopping season.

Technology 11 Nov 2016 | 6:59 PM

Chinese shoppers spend billions on Singles’ Day

SHANGHAI: Chinese shoppers unleashed a record deluge of cash online for Singles Day on Friday, Alibaba said, spending almost US$18bil (RM79bil) with the e-commerce giant in the world’s biggest online shopping promotion.

Business 02 Dec 2015 | 2:32 AM

Breakfast briefing: Wednesday, December 2

Breakfast briefing: Wednesday, December 2

Corporate News 01 Dec 2015 | 12:07 AM

Wall St dips with health and consumer shares

NEW YORK: U.S. stocks slipped on Monday, led by declines in health and consumer shares, as investors braced for policy news from central banks.

Business 30 Nov 2015 | 5:01 PM

Wall Street little changed as investors eye economic data

BENGALURU: US stocks were little changed on Monday as investors awaited key economic data including the November jobs report this week and kept an eye on policy decisions by US and European central banks.

Business 12 Nov 2014 | 1:25 PM

Alibaba says Singles Day sales reach US$9.3bil

SHANGHAI: Chinese e-commerce giant Alibaba said consumers spent a record US$9.3bil during its 24-hour shopping promotion Singles Day on Tuesday, cementing its position as the world's biggest online retail event.