Chinese e-commerce giant Alibaba Group Holding will file a formal complaint against the director of a Chinese government agency that accuses it of lax internal control and not paying enough attention to removing fake goods.
LONDON: The dollar rose against a basket of currencies on Wednesday, recouping some of the previous day's sharp losses, on expectations the Federal Reserve is unlikely to deliver significant changes to its policy outlook.
BERLIN - German consumer confidence is at a 13-year high, buoyed by a rise in disposable income due to collapsing fuel and heating oil costs.
SINGAPORE - Singapore's central bank eased its monetary policy on Wednesday, becoming the latest central bank to use policy tools to help shore up growth against a backdrop of global economic turbulence.
NEW YORK (MarketWatch) - U.S. stocks recorded their biggest decline in three weeks on Tuesday, following a surprise drop in durable-goods orders and disappointing earnings from Microsoft Corp.