Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
No free fruit in hotel rooms, no free hair cuts and no prawns on the menu - delegates at this week's Communist Party Congress in China can expect austere treatment in keeping with President Xi Jinping's pledge to crack down on corruption and extravagance.
Part of Xi's fight against deep-seated graft has been to ensure officials are not seen abusing their positions and wasting public money, after a series of scandals involving high-living bureaucrats ignited public anger.
Wang Lilian, who has helped oversee hospitality for delegates at three previous party Congresses, told state radio in remarks reported on Sunday that this time, things are going to be very different.
Delegates will, for example, find their hotels bereft of the large welcoming banners and displays of flowers common in previous years.
But the biggest difference will be with their rooms and food, Wang said.
"There won't be any more fruit put out in rooms, whereas previously there were for delegates and staff. There's none of that this time," he said.
The food was also going to be home-style and simple, Wang said.
"There's no sea cucumber, prawns or the like. It's all buffet style."
Delegates won't get free hair cuts or beauty treatments and there won't be any gift shops.
"There's none of these services this time," Wang said.
Xi himself has lead the way in promoting simple living, with state media widely reporting on the basic food he eats when on trips around the country, and giving extensive coverage to cases where officials are found to have hoarded gold, owned multiple houses or had a fondness for banquets.
Xi has warned, like others before him, that if corruption is not tackled it could affect the party's grip on power.
The once-in-five-years Congress opens on Wednesday with a major speech by Xi.