BEIJING China's factory activity contacted for the ninth straight month in November, but at a slower pace than in October, a private survey showed, fuelling hopes that the economy may be slowly leveling out after a raft of government support measures.
CHICAGO U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp forced to wait in a virtual line.
This year's "Cyber Monday" is set to be the biggest online shopping day in history, Adobe predicts. With data from thousands of retailers still flowing in, the company believes Monday's total online spending will be $2.98 billion.
Bill Gates, the world's richest man, led a group of philanthropists in vowing to plow $2 billion into clean energy through personal investments and a new fund to be set up next year.
SINGAPORE Crude oil prices held at low levels in early trading in Asia on Tuesday as traders bet on continued high production from the Organization of the Petroleum Exporting Countries (OPEC) ahead of its meeting later this week.