Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
1970-01-01 08:00
China Angst Drives Boom in Funds Excluding Asia’s Biggest Market
A strategy of stripping China out of emerging-market portfolios is fast gaining traction as stock managers seek to
1970-01-01 08:00
UK to Sign Pacific Trade Deal, Shifting Focus to China
The UK is set to sign a Pacific trade deal in Auckland next weekend, formally becoming the first
1970-01-01 08:00
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
1970-01-01 08:00
Hong Kong Relaxes Mortgage Rules to Support Property Sector
The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid
1970-01-01 08:00
China Weighs More Local Bond Sales to Help Pay Risky Hidden Debt
Chinese authorities are weighing plans to support cash-strapped cities and counties by allowing additional local bond issuance to
1970-01-01 08:00
Chinese Foreign Minister’s Unusual 12-Day Absence Draws Scrutiny
Chinese Foreign Minister Qin Gang has been absent from public view for 12 days, an usual absence for
1970-01-01 08:00
A 445% Price Jump Makes Tomatoes More Pricey Than Gasoline in India
Indian tomato prices are soaring due to adverse weather, triggering a wave of social media memes comparing the
1970-01-01 08:00
Yellen Says US-China Rivalry Not a ‘Winner-Take-All’ Situation
US Treasury Secretary Janet Yellen said competition between the world’s biggest economies is not a “winner-take-all” situation, and
1970-01-01 08:00
CEO Who Grew Up in Poverty Builds Rare $1.4 Billion Fish Startup
EFishery, co-founded by a former resident of a poor Jakarta neighborhood, became a rare Indonesian unicorn after raising
1970-01-01 08:00
Alibaba Surges on Report China to Unshackle Ant With Fine
Alibaba Group Holding Ltd. shares jumped in Hong Kong trading after Reuters reported that China is likely to
1970-01-01 08:00
Byju’s Crisis Prompts Top India Venture Firm to Shift Strategy
One of India’s biggest venture capital firms is turning more cautious in its investment strategy, alarmed by crises
1970-01-01 08:00