Alibaba Group Holding Ltd.’s overhaul could serve as a template for a restructuring of China Tech itself: a shake-up that achieves Beijing’s aim of carving up the country’s tech titans while unlocking potentially billions of dollars in pent-up shareholder value.
Malaysia revised its economic growth outlook for 2023 to allow for a broader forecast range, as policymakers took stock of persistent price pressures and an unpredictable global economy that could hurt the trade-reliant nation.
New Zealand’s markets regulator has issued a formal warning to Vanguard Group Inc.’s Australian business for missing a deadline to disclose greenwashing fines by two months.
China is facing a more challenging global economic environment as growth slows and countries like the US struggle to contain inflation, a senior official at the nation’s economic planning agency said.
BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and stepped up its battle with Tesla Inc. for market share.
Australian inflation decelerated more than expected in February, driven by an easing in housing construction costs, bolstering the case for the Reserve Bank to stand pat at next week’s policy meeting.
Peruvian prosecutors said late on Tuesday that they had opened an investigation against President Dina Boluarte and former President Pedro Castillo for allegedly laundering money as part of a criminal organization.
Japan’s foreign minister is planning to visit China this weekend in the first such trip in about three years, Kyodo News and other local media reported, as Asia’s two largest economies seek to maintain stable ties amid rising tensions.
Alphabet Inc.’s Google flouted a court order requiring it to save records of employee chats in antitrust litigation over its Google Play app store policies, a federal judge concluded.
Myanmar’s military government dissolved the National League for Democracy, the pro-democracy party of Aung San Suu Kyi, after it failed to register as a political entity for upcoming elections.
