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 (AP) - 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's central bank Wednesday announced a surprise easing of its currency policy, as falling global oil prices have subdued inflationary expectations.
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.