Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:46
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
2023-07-26 10:29
Oil Edges Lower After Four-Day Climb With Fed Decision in Focus
Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and
2023-07-26 09:58
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s inflation rate slowed more than expected in the three months through June, reflecting global trends and bolstering
2023-07-26 09:58
L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:53
China Market Rally Needs Policy Follow-Up, Morgan Stanley Says
Imminent follow-through of actionable policy measures, especially those for the property sector, will be key to sustaining a
2023-07-26 09:45
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
As foreign minister, China’s Qin Gang was expected to usher in an era of diplomacy that would help
2023-07-26 09:19
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:26
Microsoft’s Azure Slowdown Overshadows Optimism About AI Growth
Microsoft Corp. posted tepid quarterly sales growth and forecast a continued slowdown in its Azure cloud-services business, overshadowing
2023-07-26 07:51
San Francisco’s Office Demand Surges, Largely Thanks to AI Companies
The worst of San Francisco’s office pain is showing signs of easing. Demand for offices in the city
2023-07-26 07:45
Visa Card Spending Tops Estimates With Strong Travel Demand
Visa Inc. reported card-spending growth that was more robust than Wall Street expected as consumer demand for travel
2023-07-26 07:17
Asian Stocks Set for Muted Open Before Fed Meeting: Markets Wrap
Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity
2023-07-26 06:57