Alibaba Names New Chairman, CEO in Surprise Succession Plan
Alibaba Group Holding Ltd. announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel
2023-06-20 12:48
Optimism Rises in China Tech With World-Beating Rally
A world-beating rally in Chinese tech stocks this month is shoring up confidence that the once-beleaguered sector may
2023-06-20 10:53
New Zealand Announces Banking Inquiry Amid Profit Concerns
New Zealand’s government announced an inquiry into its banking sector amid concerns that lenders are making excessive profits.
2023-06-20 08:46
ECB hawks make case for erring on the side of raising rates too high
FRANKFURT (Reuters) -Euro zone inflation could overshoot even the recently raised forecasts so the European Central Bank should err on
2023-06-19 20:54
Spain Tells Banks to Pay More for Client Deposits After ECB Increased Interest Rates
Spanish lenders have to start paying customers more for their savings and share what they’ve gained from higher
2023-06-19 19:46
China’s Big-City Homeowners Cash Out as Wealth Dream Fades
Chinese homeowners are losing conviction in their decades-long belief that property is a reliable store of wealth, undermining
2023-06-19 07:18
World’s No. 2 Gold Miner Is Trying to Get Bigger in Copper
For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. The
2023-06-18 22:56
Population Boom Spurs Hunt for Stock Market Winners in India
Thronged by hundreds of people, including some Bollywood celebrities, Tim Cook’s excitement was palpable as the chief executive
2023-06-18 09:23
Hong Kong’s $1.9 Trillion Stocks Await Boost From Yuan Trading
Hong Kong is betting that a new program allowing investors to trade equities in the yuan on top
2023-06-18 08:25
Alibaba Co-Founder Jack Ma Appears at Company Event in Hangzhou
Jack Ma, the Alibaba Group Holding Ltd. co-founder who has largely stepped back from the company, made an
2023-06-18 01:24
Twinkies-maker Hostess fined over preventable amputation of worker's fingertip
By Ismail Shakil and Katharine Jackson WASHINGTON (Reuters) -The U.S. Labor Department on Friday slapped a $298,000 penalty on Hostess
2023-06-17 05:15
Tesco Sees Early Signs of Inflation Dropping: The London Rush
Relief could be on the horizon for Britain’s shoppers — and the supermarkets. Tesco said this morning it
2023-06-16 15:17