Chinese tech giant Alibaba announces new chairman and CEO succession plan in major shakeup
Joseph Tsai, executive vice chairman and cofounder of Alibaba Group, will succeed Daniel Zhang as chairman, according to an announcement by the Chinese tech giant on Tuesday.
2023-06-20 14:46
Billionaire Infosys Chair Gives Alma Mater $38.5 Million for AI
Billionaire Infosys Ltd. co-founder Nandan Nilekani will donate $38.5 million to his alma mater Indian Institute of Technology
2023-06-20 14:28
Singapore’s Grab Plans Biggest Round of Job Cuts Since Pandemic
Grab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces
2023-06-20 13:56
World-Record Breaker, Business Leaders Missing on Titanic Tour
Five people are on board a submersible vessel that has gone missing in the North Atlantic during an
2023-06-20 13:52
China’s Sluggish Economic Rebound Seeps Into Plastics Market
China’s lackluster economic recovery is weighing on the margins from making some lesser-known oil products needed for plastics
2023-06-20 13:17
Marketmind: Still seeking decisive stimulus in China
A look at the day ahead in European and global markets from Sonali Desai Disappointment has been the prevailing sentiment
2023-06-20 12:56
Two Ex-Wirecard Asia Employees in Singapore Get Jail Time
Two ex-employees of Wirecard Asia Holdings Pte were handed prison terms in Singapore for their roles in conspiring
2023-06-20 12:48
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
Britain’s Economic Turmoil Is Hitting Women the Hardest
Women are bearing the brunt of Britain’s struggle to stamp out a stubborn dose of inflation, the country’s
2023-06-20 12:29
Australia's unemployment rate needs to rise to curb inflation - top central banker
SYDNEY Australia's unemployment rate needs to rise to help contain inflation and avoid higher interest rates and a
2023-06-20 12:21
College Entrance Exams to Cut ‘Killer Questions’ in South Korea
South Korea will stop asking “killer questions” on notoriously competitive college entrance exams in an effort to make
2023-06-20 12:16
Hong Kong Dollar One-Month Rate Climbs to Highest Since 2007
The cost for banks to borrow Hong Kong dollars from each other for a month rose to the
2023-06-20 11:59