Meme-stock investor Ryan Cohen has taken a stake in Alibaba Group Holding Ltd. and is pushing the e-commerce leader to buy back more of its shares, in a rare case of activism targeting a prominent Chinese firm.
Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the first quarter, according to people familiar with the matter.
Singapore’s exports came in weaker than expected in December, dragged down by a fall in shipments to China.
China Evergrande Group said PwC resigned as its auditor on Monday, adding to the pressure on the developer at the epicenter of China’s property crisis.
China’s Muyuan Foods Co. has selected China International Capital Corp. and JPMorgan Chase & Co. to arrange its planned global depository receipts sale in Switzerland, according to people with knowledge of the matter.
The Bank of Japan will deliver its latest policy decision Wednesday, shortly after its massive easing program came under the fiercest market attack in the history of Governor Haruhiko Kuroda’s decade-long term.
Russian and Belarussian flags will be banned from the Australian Open after a confrontation at a match on the first day of the tennis tournament, organizers said Tuesday.
Sublime Systems says it has come up with a new two-step process, but more research is needed.
Microsoft, in talks for further investment in OpenAI, is widely releasing Azure service based on earlier partnership
The UK drew 115 bids from 76 companies to lease areas of the seabed to look for oil and gas resources, the North Sea Transition Authority said in a statement on Tuesday.
