Dockworkers at the world’s third-busiest port by container volume refuse to back down over demand for a 20% pay rise and better work conditions

WEAK reports on hiring and service industries sent the stock market sharply lower Wednesday, giving the Dow Jones industrial average its worst day in more than a month.

THE price of oil on Wednesday notched the biggest one-day drop since November, as supplies in the U.S. reached the highest level since July 1990

Kingsoft Cloud Group, the cloud computing subsidiary of China-based Kingsoft, has marked its formal entry into the enterprise market with a new service to help companies store their data online. Kingsoft Cloud Group was separated from Kingsoft's online…

Chinese e-commerce and online payment behemoth Alibaba Group has signed a memorandum of understanding with MasterCard. The MOU aims to forge joint efforts to establish an enhanced e-commerce environment to benefit consumers and small businesses within …

Nokia shuts its Shanghai flagship store, the world's biggest, on Nanjing Road East earlier this week as the mobile phone maker continues to struggle. The closure followed those of its flagship stores in France and Spain.

SERVICE industries in the US grew in March at the slowest pace in seven months as new orders and employment cooled in the biggest part of the economy.

JAPANESE automaker Subaru will recall 9,641 vehicles exported to China because of defects in the brake lines, the country's quality watchdog said yesterday.

CHINA may further increase the investment quota for long-term investors under the Qualified Foreign Institutional Investors scheme to over US$1 billion.

THE International Monetary Fund will contribute about 1 billion euros (US$1.3 billion) as part of a rescue program for Cyprus that aims to stabilize the nation's banks and reduce public spending, IMF Managing Director Christine Lagarde said.

AS uncertainties remain over the path of China's inflation in the future, the government will maintain its prudent monetary policy, the central bank said.

AMERICAN companies hired at the slowest pace in five months in March as recent strong demand for construction jobs evaporated, according to report by a payrolls processor.

CHINA'S inflation rate may ease sharply in March due to falling food prices and a surprisingly weaker economic recovery, analysts said ahead of the release of data next Tuesday.

SHANGHAI'S land sales more than doubled in value in the first quarter from a year earlier amid recovering sentiment in the property market, according to an industry research.

AUSTRALIA'S flag carrier Qantas yestesday announced closer links with China Eastern Airlines to try to shore up traffic to Asia following the launch of its partnership with Emirates.