Alibaba Group Holding Ltd.’s former chief Daniel Zhang has decided to quit just months after agreeing to lead its cloud division, introducing another layer of uncertainty to China’s largest e-commerce company just as it’s navigating a complicated breakup.
Japan Exchange Group’s female board ratio remains far below global peers and its own listing rule goal, highlighting the country’s struggles with gender equality at the top of businesses.
A junior partner in Malaysia’s ruling alliance exited the government Sunday to protest the prosecutor’s decision to drop graft charges against a key ally of Prime Minister Anwar Ibrahim.
Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a growing headache for the energy system, as extreme heat becomes a threat to fuel supply.
President Joe Biden said China’s recent downturn could diminish any inclination by Beijing to invade Taiwan, adding that the country’s economic troubles have left his Chinese counterpart with “his hands full.”
Xi Jinping’s decision to stay away from the Group of 20 summit may have been intended to deny India its moment. Instead, Prime Minister Narendra Modi — along with the US and Europe — figured out how to more effectively counter China on the world stage.
The Middle East and North Africa region has raised renewables capacity by 50% in the past year and a similar boost is likely in 2024, but it still needs a 20-fold surge to replace cheap natural gas and avoid costly economic losses in the energy transition, according to a clean-energy think tank.
China’s unexpected move to cut its stock trading tax is adding pressure on Hong Kong to follow suit, creating a dilemma for the city’s finance chief over the potential hit to government income.
Singapore did not start an investigation on a money laundering scandal involving over S$1.8 billion of assets due to a request by Chinese government, the Minister for Home Affairs and Law said.
Economists cut their forecasts for Hong Kong’s economic growth, raising the possibility the government could miss its goal for the year as the post-pandemic recovery runs out of steam.
