Asian Currency Index Drops to Two-Year Low as China, Trump Weigh
An index of Asian currencies fell to the lowest in more than two years amid pessimism over China’s economic outlook and ...
Alibaba to sell intime department stores for $1 billion amid restructuring
The deal comes as Alibaba looks to shift focus from its dominance in China's retail sector to its core e-commerce and cloud ...
Alibaba Expects to Book $1.28 Billion Loss on Sale of Department Store Intime — Update
Alibaba Group is set to book an over $1 billion loss on the sale of its department-store chain Intime, which marks the Chinese tech giant's latest move away from offline retailing.
China executes official involved in country's largest corruption case
BEIJING: China on Tuesday executed Li Jianping, a former official in the north Inner Mongolia Autonomous Region, who was ...
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China capital markets outflow hits record high in November after Trump election win
SHANGHAI: China's capital markets outflow reached a record high of US$45.7 billion in November, according to official data ...
Nikkei, Hang Seng struggle as Asia-Pacific markets trade mixed ahead of Fed decision
Asia-Pacific markets displayed a mixed performance on Tuesday as investors took cues from Wall Street's overnight results and ...
Alibaba to sell China department store chain Intime for $1.3 billion loss
Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the ...