Investors on edge as U.S.debt deadline nears
World stocks and the dollar marked time on Wednesday as cautious investors focused on hopes that U.S. politicians would strike a last-minute deal to prevent the country defaulting on its debt.
U.S. senators hint at possible fiscal deal on Tuesday
A month of combat in the U.S. Congress over government spending showed signs on Monday of giving way to a Senate deal to reopen shuttered federal agencies and prevent an economically damaging default on federal debt.
Iran says world powers' reaction to its nuclear proposal 'good'
Iranian Deputy Foreign Minister Abbas Araqchi said on Tuesday world powers had a "good" first reaction to Tehran's proposals for easing the stand-off over its nuclear program and that details would be discussed in the afternoon.
Alibaba to transform China's 'e-conomy' with $500 billion marketplace
Alibaba Group's plans to revolutionize China's retail industry, investing $16 billion in logistics and support by 2020, will open up China's vast interior and bring access to hundreds of millions of potential new customers.
U.S. Senate leader sees chance for breaking fiscal impasse
Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that the U.S. federal government shutdown was about to end or that a historic default would be avoided.
China criticizes U.S. for giving tacit backing to Philippines in sea dispute
China criticized U.S. Secretary of State John Kerry on Friday for giving tacit backing to the Philippines' stance in a tense maritime dispute, stressing again that it rejects Manila's attempt to seek arbitration.
Obama, Republicans aim to end crisis after meeting, hurdles remain
President Barack Obama and Republican leaders appeared ready to end a political crisis that has shuttered much of the U.S. government and pushed the country dangerously close to default after meeting at the White House on Thursday.
China signs second-biggest swap line with ECB
China accelerated plans to internationalize its currency on Thursday by agreeing to swap euros and yuan with the European Central Bank in a deal that is set to be China's second-largest to date.
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