China investment growth at new record low in August

Source: Dukascopy Bank SA
The Chinese fixed-asset investment growth weakened to 5.3% in the eight-month period of the year, missing forecasts and hitting a new low, data revealed on Friday.
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Fri, 14 Sep 2018 02:59:22 GMT

Chinese retail sales, industrial output up last months

China's industrial production grew 6.1% in the months of August from the prior year, while retail sales rose 9.0% in the same period, both beating forecasts, the report showed.

Fri, 14 Sep 2018 02:34:42 GMT

Walmart's purchase of Cornershop to fuel e-commerce

Walmart is set to acquire Mexican food delivery firm Cornershop for $225M, in a bid to ramp up the company's online grocery business in Latin America.

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