Alibaba Cloud Eyes State Firms for Up to $3 Billion Fundraising
Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises
1970-01-01 08:00
Macau Shutters All Casinos as Typhoon Saola Hits Gambling Hub
Macau ordered all casinos to close late Friday as Typhoon Saola wreaked havoc across the city, a rare
1970-01-01 08:00
Macau Casino Rebound Shows Travel Is Bright Spot Amid China’s Woes
Macau’s casino recovery is sustaining momentum, with gaming revenue in August rising 686% from a year earlier to
1970-01-01 08:00
Nvidia Partner Expects AI Server Sales to Double in 2024
Key Nvidia Corp. partner Quanta Cloud Technology expects to double sales of its artificial intelligence servers in 2024
1970-01-01 08:00
Hong Kong Turns to Tycoons to Get Party Scene Back on Track
Hong Kong is betting free alcohol and longer shopping hours will revive the city’s once-bustling nightlife. The government
1970-01-01 08:00
Lenovo Drops 6% After Profit Miss Amid Prolonged PC Downturn
Lenovo Group Ltd.’s profit missed estimates for a second straight quarter after the global PC market slid deeper
1970-01-01 08:00
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
1970-01-01 08:00
Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
1970-01-01 08:00
Country Garden Shows Even China’s Once-Mighty Builders at Brink
China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring
1970-01-01 08:00
India Curbs PC Imports as Modi Pushes for Local Production
India is requiring licenses for the import of computers from laptops to tablets, the latest in a series
1970-01-01 08:00
Hong Kong Office Rent Slump Triggers Wave of Upgrades
At an industrial-styled office unit in Hong Kong, employees of events company Hybrid Group are enjoying the perks
1970-01-01 08:00
Macau Casino Revenue Surges in July as Summer Fuels Holiday Boom
The recovery in Macau’s casino sector strengthened in July, with gaming revenue returning to about 68% of pre-pandemic
1970-01-01 08:00