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Alibaba shares dive more than 7% after cloud service called off
Alibaba shares dive more than 7% after cloud service called off
Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring...
2023-11-17 10:23
Biden, Xi compete for Asia-Pacific allies at summit
Biden, Xi compete for Asia-Pacific allies at summit
US President Joe Biden and his Chinese counterpart Xi Jinping made rival bids to win over Asia-Pacific allies at a summit in San Francisco Thursday, just a day after the two leaders met in a...
2023-11-17 10:20
Origin Energy shareholder shows hand and backs $10.5 billion Brookfield bid
Origin Energy shareholder shows hand and backs $10.5 billion Brookfield bid
By Lewis Jackson SYDNEY Origin Energy shareholder VanEck Australia will support the $10.5 billion bid from Canada's Brookfield
2023-11-17 10:00
The long-term economic risks of America's budget dysfunction
The long-term economic risks of America's budget dysfunction
The use of stop-gap funding measures to keep the US government open amid frequent political squabbles over how to tackle rising national debt carries long-term...
2023-11-17 09:57
Chinese Biopharma Firm Wuxi XDC Climbs 31% on Debut in Hong Kong
Chinese Biopharma Firm Wuxi XDC Climbs 31% on Debut in Hong Kong
A Chinese maker of drugs used in cancer treatments surged in Hong Kong after an initial public offering
2023-11-17 09:54
China Tech Optimism Rekindled Amid Slowly Thawing China-US Ties
China Tech Optimism Rekindled Amid Slowly Thawing China-US Ties
Baidu Inc., Xiaomi Corp. and Kuaishou Technology report on the heels of talks between Chinese President Xi Jinping
2023-11-17 09:54
Berkshire Sells Yen Debt at Lower Cost as New Share Targets Eyed
Berkshire Sells Yen Debt at Lower Cost as New Share Targets Eyed
Warren Buffett’s Berkshire Hathaway Inc. sold yen bonds at lower costs in its second Japan deal of the
2023-11-17 09:52
Freeport CEO: 'encouraged' by signs of U.S.-China thaw
Freeport CEO: 'encouraged' by signs of U.S.-China thaw
SAN FRANCISCO Freeport-McMoRan Inc (FCX.N) Chief Executive Richard Adkerson said on Thursday he is "encouraged" by signs of
2023-11-17 09:51
China Is Sailing Its Way Through a Record Year of Debt Sales
China Is Sailing Its Way Through a Record Year of Debt Sales
There’s a 1.5 trillion yuan ($207 billion) question weighing on Chinese bond traders’ minds now: how will Beijing
2023-11-17 09:45
Yen eyes best week in four months, dollar heads for weekly decline
Yen eyes best week in four months, dollar heads for weekly decline
By Rae Wee SINGAPORE The yen was on track for its best week against the dollar in four
2023-11-17 09:29
Oil Sinks Into Bear Market as Robust Supply Pressures OPEC+
Oil Sinks Into Bear Market as Robust Supply Pressures OPEC+
Oil headed for a fourth weekly loss after sinking into a bear market as signs of healthy supplies
2023-11-17 09:27
China Asks Some Big Banks to Cap Rates on Short-Term Funding
China Asks Some Big Banks to Cap Rates on Short-Term Funding
China told a handful of nationwide lenders to cap interest rates on interbank funding, people familiar with the
2023-11-17 09:22
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