Amid a labour shift that has pushed millions of jobseekers to online platforms, greater protections are being promised for some temporary workers.
China's technology stocks rallied Tuesday. E-commerce firm Alibaba and smartphone maker Xiaomi both saw their stock price surge over 4%, while video games firm Tencent and online services company Meituan also gained.
Wall Street is flirting with a record again as U.S. stock indexes creep higher on Tuesday. The S&P 500 was up 0.1% in early trading and just above its all-time closing high set last month. The Dow Jones Industrial Average was down 59 points,
President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other Chinese business leaders, signaling his support for private companies after years of turmoil. The gathering included the heads of Xiaomi and Meituan,
Early European trading was mostly down, with France’s CAC 40 down 0.18%, while Germany’s DAX dipped 0.26%. Britain’s FTSE 100 remained mostly unchanged. Hong Kong's Hang Seng rose 1.59% to 22,976.81,
KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market.
Amid a labour shift that has pushed millions of jobseekers to online platforms, greater protections are being promised for some temporary workers.
Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba’s financial results, which were reported after the close in Hong Kong yesterday.
Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a meeting that signals officials could be steering the country in a more business-friendly direction after a yearslong regulatory crackdown.
The Hurun Research Institute released today the 2024 Hurun China 500, a list ranking the top 500 non-state-owned enterprises in China by their enterprise value. Among them, TSMC firmly holds the top spot with its value swelling by RMB3.
JD.com's low commission strategy in food delivery is unsustainable long term. Read why investors should consider stocks like MPNGF rather than JD stock.
KKR & Co, Fountainvest Partners, and PAG are among those interested in acquiring a stake in Starbucks' China business, as the U.S. coffee chain seeks to boost sales in its second-largest market. Chinese firms like China Resources Holdings and Meituan have also been approached.