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Hong Kong billionaire Li's force field may be fading
HONG KONG (Jan 12): Billionaire Li Ka-shing is so powerful, Hong Kongers quip, he emanates a force fieldshielding the city from dangerous typhoons that could harm his businesses. Yet Li’s magic is showing signs of wearing off after his wealth shrank by
January 12, 2017
China Focus
Alibaba’s Ma meets with Trump to talk about creating jobs
(Jan 10): Alibaba Group Holding Chairman Jack Ma met with Donald Trump on Monday to discuss how the online retailer could help create 1 million new US jobs, keying in on one of the president-elect’s chief concerns amid fraught relations between China an
January 10, 2017
Alibaba’s Lazada braces for a Southeast Asian brawl with Amazon
(Dec 15): Alibaba Group Holding and Amazon.com are about to clash in Southeast Asia. And Lazada Group SA, which Alibaba bought this year for US$1 billion ($1.4 billion), will be right at the heart of that conflict.
December 15, 2016
Alibaba Cloud expands global footprint with 4 new data centres
SINGAPORE (Nov 21): Alibaba Cloud, the cloud computing arm and a business unit of China’s Alibaba Group, says it aims to open four new data centres by end-2016 in the Middle East, Europe, Australia and Japan.
November 21, 2016
Temasek reduced stake in Alibaba in third quarter, filing shows
(Nov 14): Temasek Holdings pared its holding in China’s biggest online retailer, Alibaba Group Holding, in the third quarter, while buying shares in Internet travel agency Ctrip.com International, biopharmaceutical company AC Immune SA and Dell Technolo
November 14, 2016
In print this week
All eyes on China, the crux of world growth
SINGAPORE (Sept 23): Once a manufacturing powerhouse for low-quality goods, Shanghai is fast embracing a new norm in which fast-food bills and taxi fares are settled with a mere tap of the mobile phone, and everything from the week’s groceries to the la
September 23, 2016
China Focus
Tencent now China's top company in private economy win
(Sept 5): Tencent Holdings has surpassed China Mobile to become the country's most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise.
September 06, 2016
Tech
China leads the way as Asia-Pac fintech investments hits $13 bil
SINGAPORE (Aug 25): Investments in financial technology (fintech) ventures in the Asia-Pacific region in the first half of 2016 has surged to US$9.62 billion ($13 billion) – more than double of the US$4.26 billion invested in the whole of last year.
August 25, 2016
Singapore Exchange said to consider dual-class share structures
SINGAPORE (Aug 23) Singapore Exchange is likely to allow dual-class weighted voting rights for listed companies, after the city-state amended its laws this year to allow such structures, according to two people familiar with the matter.
August 23, 2016
Temasek bought stake in India's ICICI Bank, US filings show
SINGAPORE (Aug 16): Temasek Holdings has bought shares in ICICI Bank, India's largest private sector lender by assets, in the second quarter as it expanded its foothold in Asia's third-biggest economy, Bloomberg said in a report on Tuesday.
August 16, 2016