Business

 China Vanke, once the country's largest homebuilder, narrowly avoided defaulting on a $284 million debt last week as the painfully slow recovery in China's property market drags on ​Read More  ABC News: Business ​Business 

 The IRS announces an increase in the standard mileage rate for business use of vehicles ​Read More  ABC News: Business ​Business 

 Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett this week ​Read More  ABC News: Business ​Business 

 German prosecutors say they'll drop an investigation of Russian oligarch Alisher Usmanov over possible breaches of sanctions and money laundering rules after he agreed to pay a 10 million euro (about $11.8 million) fine ​Read More  ABC News: Business ​Business 

 By some measures, China's economy is looking resilient, with strong exports and breakthroughs in artificial intelligence ​Read More  ABC News: Business ​Business 

 China has condemned the demolition of a monument honoring the Chinese community in Panama, the latest development as the Trump administration pushes for the Central American nation to distance itself from Beijing ​Read More  ABC News: Business ​Business 

 Silver and gold futures are falling sharply after the Chicago Mercantile Exchange, one of the world’s largest trading floors for commodities, required traders to put up more cash to invest in precious metals ​Read More  ABC News: Business ​Business 

 Shares in Europe and Asia are mostly lower in thin holiday trading as China stages military exercises near the island of Taiwan ​Read More  ABC News: Business ​Business 

 Iranian traders and shopkeepers have staged a second day of protests after the country’s currency plummeted to a new record low against the U.S. dollar ​Read More  ABC News: Business ​Business