Welcome!
Jack Ma
Fintech
Jack Ma’s shadow looms large for banks across Southeast Asia
SINGAPORE/SHANGHAI (June 30): Over the past two months, some 1,000 part-time workers for DBS Group Holdings Ltd. have fanned out across Singapore’s famed food courts, trying to entice mom-and-pop hawkers to use the bank’s digital payments service, ca
June 30, 2017
KKR, Blackstone, RRJ and TPG dropping out of race for GLP, says FT
SINGAPORE (June 23): Almost all the potential bidders for Global Logistic Properties are dropping out as the June 30 deadline approaches, reported The Financial Times.
June 23, 2017
Global Markets
Jack Ma woos mom-and-pop shops in US jobs push
NEW YORK (June 20): Sam Wolf moved his family's health and wellness business online more than a decade ago. The Conshohocken, Pennsylvania-based company runs its own warehouse and sells thousands of nutrition products in dozens of countries through it
June 20, 2017
Jack Ma's libertarian talk approaches red line
(June 15): Corporate executives sometimes like to talk about how their companies are overtaking nation states. In China, they tend to be careful not to outshine the government and avoid such analogies. Yet that's just what Jack Ma did last week.
June 15, 2017
Temasek and Jack Ma-backed fund invest in genomics business
SINGAPORE (May 2): A fund backed by Chinese billionaire Jack Ma and Singapore’s state-owned investment firm Temasek Holdings made new investments in contract genomics organization WuXi NextCODE, which is expanding in China as the country pushes into the
May 02, 2017
Global Markets
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
US again labels Alibaba ‘notorious market’ for knock-offs
NEW YORK/HONG KONG (Dec 22): The US has again labeled Alibaba Group Holding Ltd. one of the world’s largest destinations for fake goods, a major embarrassment for a Chinese e-commerce titan trying to shake off its reputation as a haven for counterfei
December 22, 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
Jack Ma, Spielberg team up with deal to bring Hollywood to China
HONG KONG/LOS ANGELES (Oct 10): It’s a casting director’s dream. Jack Ma, China’s richest man, and the highest-grossing Hollywood auteur of all time have struck a deal to work together to produce and finance films for the world’s second-largest mo
October 10, 2016