US-China Tech Fight Forces Alibaba to Scrap Cloud Spinoff
An escalating fight between the US and China for technological dominance has triggered one of the most stunning
2023-11-17 02:52
China Stocks Fall as Traders Unimpressed by Xi-Biden Meeting
Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only
2023-11-16 16:54
Burberry Warns Luxury Slump Puts Revenue Target Under Threat
Burberry Group Plc warned this year’s revenue target may be out of reach after the UK trench-coat maker’s
2023-11-16 15:56
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:57
China Housing Woes Worsen as Prices Fall Most in Eight Years
China home prices fell the most in eight years in October, signaling the property slump is worsening even
2023-11-16 11:24
Huarong Sends $1.7 Billion Back to Citic After Unloading Assets
China Huarong Asset Management Co. returned almost $2 billion back to Citic Group after the financial conglomerate led
2023-11-16 10:49
China Traders Sell Shares in Hong Kong Amid City’s Rebound
Investors in mainland China appear unconvinced that a rebound in Hong Kong’s shares can sustain, underscoring doubts on
2023-11-16 08:45
Palo Alto Networks Slips After Missing Billings Estimate
Cybersecurity firm Palo Alto Networks Inc. tumbled after missing Wall Street estimates for billings in its fiscal first
2023-11-16 06:27
Hedge Funds Copy Citadel Fee Model in Fight for Asia Talent
Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging
2023-11-15 22:54
ByteDance Weighs Sale of Gaming Studio Behind Mobile Legends
ByteDance Ltd. is considering selling gaming studio Shanghai Moonton Technology Co., people familiar with the matter said, as
2023-11-15 16:17
Hong Kong Ousts Dubai as Biggest Hub for Russian Gold Trade
Shut out of London following the invasion of Ukraine, Russian gold trading switched to Dubai. Now it’s shifting
2023-11-15 15:55
US Federal Pension Fund to Exclude Hong Kong Investments
The main US federal government pension will exclude investments in Hong Kong, in addition to mainland China, for
2023-11-15 14:59