Alibaba’s DingTalk to split from Cloud business group – sources
(Reuters) – Alibaba Group’s work communication and collaboration platform DingTalk will split from the company’s cloud division, according to two…
Analysis-Country Garden undone by promise to bring 5-star life to China’s hinterland
(Reuters) – China’s financially beleaguered property developer Country Garden promised “five-star living” to the masses in less popular, smaller cities…
Tesla cuts Model S and X prices by over 6% in China
(Reuters) – Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in…
Asian stocks slip as China data continues to disappoint
(Reuters) – Asian stocks stumbled on Wednesday, as more disappointing Chinese economic data and the absence of meaningful stimulus from…
Japan stocks lower at close of trade; Nikkei 225 down 1.39%
Japan stocks were lower after the close on Wednesday, as losses in the Real Estate, Non-Metal Minerals and Glass sectors…
Australia’s corporate regulator calls for better handling of insurance claims
(Reuters) – Australia’s corporate regulator said on Wednesday it had asked the country’s general insurers to improve their claims handling…
H&M probes Myanmar factory abuses as pressure intensifies
(Reuters) – H&M is investigating 20 alleged instances of labour abuse at Myanmar garment factories that supply the world’s second-largest…
Australia stocks lower at close of trade; S&P/ASX 200 down 1.50%
Australia stocks were lower after the close on Wednesday, as losses in the IT, Metals & Mining and Materials sectors…
European stocks edge higher, helped by sharp drop in U.K. inflation data
European stock markets stabilized Wednesday, with investors digesting better than expected U.K. inflation numbers, more corporate earnings as well as…
Indonesia launches WTO dispute over EU duties on biodiesel imports
(Reuters) – Indonesia has requested WTO dispute consultations with the European Union regarding the bloc’s imposition of duties on imports…