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.
BERLIN Jan 28 (Reuters) - German consumer sentiment surged to its highest level in more than 13 years heading into February, a survey showed on Wednesday, as lower oil prices meant shoppers in Europe's largest economy had more spare cash.
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.
Customers shop in December at Nordstrom Rack in Schaumburg. Lower gas prices has people spending more, helping to spike the consumer confidence index.