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Alibaba’s Daniel Zhang Exits Internet Giant Entirely

Jennifer DuBois -
Alibaba (BABA) announced Sunday that former CEO and chairman Daniel Zhang will also exit as the head of Alibaba's cloud business, signaling a...
Business

Asia stock markets weaken ahead of US inflation data

Jennifer DuBois -
By Scott MurdochSYDNEY (Reuters) - Asia stock markets were softer on Monday ahead of U.S inflation September data this week with investors seeking...
Business

SK Hynix’s $24 Billion Rally Unraveling on US-China Tech War

Jennifer DuBois -
(Bloomberg) -- SK Hynix Inc.’s $24 billion rally this year is unraveling fast as the South Korean chipmaker finds itself embroiled in an...
Business

Oil prices ease but supply cuts keep Brent above $90/bbl

Jennifer DuBois -
By Florence TanSINGAPORE (Reuters) - Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand...
Business

Asian Stocks Trade Mixed; Yen Advances on Ueda: Markets Wrap

Jennifer DuBois -
(Bloomberg) -- Asian equities traded mixed in a cautious open while the yen was on the front foot following potentially hawkish remarks by...
Business

The Mighty American Consumer Is About to Hit a Wall, Investors Say

Jennifer DuBois -
(Bloomberg) -- After staving off recession for longer than many thought possible, the US consumer is finally about to crack, according to Bloomberg’s...
Business

Billionaire Howard Marks Is Holding These 2 Dividend Stocks for Income Growth — Including One With 11% Yield

Jennifer DuBois -
With the Federal Reserve having raised short-term fed fund rates 11 times over the past 18 months, bringing them to a range between...
Business

Exclusive-SoftBank’s Arm eyes pricing IPO at top of range or above-sources

Jennifer DuBois -
By Echo Wang and Anirban SenNEW YORK (Reuters) -Arm, the chip designer owned by SoftBank Group Corp, is getting close to securing enough...
Business

Short Sellers Reap $13 Billion on Gaps in Winner-Take-All Market

Jennifer DuBois -
(Bloomberg) -- Short sellers are raking in profits by betting against a part of the US equity market overlooked by most investors: small-cap...
Business

Oil prices hit nine-month high as supply concerns mount

Jennifer DuBois -
Oil prices rose to their highest level of the year last week as concerns mounted about tight crude supplies after Saudi Arabia and...
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