BIS Warns of Risks From Big Tech Banking Moves
Ventures by companies such as Facebook into financial services "have the potential to generate new risks and costs associated with market power."
Agribusiness Bonanza Rises in China for Syngenta
CFO Mark Patrick discusses the enormous business opportunities available to Syngenta now that it's owned by a big Chinese company.
Alibaba Boosts Stake in Chinese Bank to 4.8%
The e-commerce giant joins rival Tencent in becoming a major CICC shareholder as both firms eye opportunities in fintech.
China’s iQiyi Readies IPO to Raise $1.5 Billion
The video-streaming unit of search-engine giant Baidu needs capital to fund content development as it competes with Tencent and Alibaba.
U.S. Blocks Sale of MoneyGram to Ant Financial
The demise of $1.2 billion deal suggests U.S. officials are concerned about the data security implications of takeovers by Chinese investors.
Alibaba Posts Biggest Sales Increase Since IPO
Businesses outside e-commerce were unprofitable in Q4, suggesting Alibaba's diversification efforts have a long way to go.
Yahoo Names Leaders of Post-Sale Company
Thomas McInerney will serve as CEO of the new Altaba company while Alexi Wellman will be its finance chief.
Yahoo to Become ‘Altaba’ After Verizon Deal
The new name reflects Yahoo's transformation from an internet giant to "essentially a vehicle" for holding a 15% stake in Alibaba.
China Courier ZTO Express Raises $1.4B in IPO
The largest initial public offering so far this year in the U.S. gave investors an opportunity to cash in on China’s burgeoning e-commerce industry.
Wal-Mart Doubles Stake in China’s JD.com
Four months after acquiring 5.9% of JD.com, Wal-Mart has become the third largest shareholder in the Chinese e-commerce company.
Chinese Investors Bet $460M on Yum Spinoff
The owner of KFC is partnering with Primavera Capital and an Alibaba affiliate to make Yum China an "independent restaurant powerhouse."