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Business 26 Aug 2013 | 8:07 AM

Eyes Online, Milk Powder Firms Count Cost Of China Probes

SHANGHAI: Global milk powder firms are scrutinising Chinese social media reports up to four times a day to gauge consumer reaction to a high-profile pricing probe and food safety scare that threaten their squeaky-clean image in the $14.5 billion (9.31 billion pounds) China market.

Business 27 Sep 2013 | 8:55 AM

How Jack Ma can keep a tight grip on Alibaba after an IPO

NEW YORK/SAN FRANCISCO: Alibaba Group Holding Ltd founder Jack Ma wants to keep a tight grip on the Chinese e-commerce company he founded even after he takes it public, and U.S. law gives him several ways to do so.

Business 07 Oct 2013 | 12:00 AM

UK bank bosses risk sacking under new plan

THE Bank of England’s proposal to eject bank bosses who fail to perform up to standard is set to reverberate around the banking world.

Business 10 Oct 2013 | 12:00 AM

Alibaba affiliate buys 51% in Tianhong

BEIJING: The online payment affiliate of dominant Chinese e-commerce company Alibaba Group is taking control of Tianhong Asset Management Co to accelerate its push into online financial services.

Business 11 Oct 2013 | 12:00 AM

Alibaba decides against HK IPO

HANGZHOU, China: Chinese e-commerce company Alibaba Group Holding Ltd has decided not to list its shares in Hong Kong, but has not yet committed to listing on any other exchange, including the New York Stock Exchange, chief executive officer Jonathan Lu said.

Business 15 Oct 2013 | 7:00 AM

Yahoo CEO Mayer has advertisers' attention, but can she get their dollars?

NEW YORK/SAN FRANCISCO: Three weeks ago, Yahoo Inc Chief Executive Marissa Mayer strode into a Manhattan hotel and was greeted like a rock star by hundreds of advertising executives who snapped pictures as she sat down for an interview with journalist Charlie Rose.

Business 16 Oct 2013 | 8:01 AM

Yahoo to keep larger stake in Alibaba after its estimated US$15bil IPO

SAN FRANCISCO: Yahoo Inc said on Tuesday it will keep a larger stake in Alibaba Group Holding Ltd than originally planned after it goes public, hoping to profit from the Chinese e-commerce company's future growth

Business 12 Nov 2013 | 12:00 AM

Rakuten Malaysia plans more products, merchants

KUALA LUMPUR: Rakuten Malaysia, which launched Rakuten Online Shopping in November last year, aims to tap the expanding online shopping market in Malaysia with more goods and merchants.

Economy 13 Nov 2013 | 3:50 PM

Sina record revenues fuelled by Weibo, Alibaba

Chinese Internet company Sina Corp saw record revenue in the third quarter, as profit more than doubled from a year ago due to strong earnings growth from its Weibo microblogging service and a partnership with Alibaba Group Holding Ltd.

Business 10 Dec 2013 | 12:00 AM

Haier teaming up with Alibaba

HONG KONG: Chinese appliance maker Haier Electronics Group Co Ltd agreed to team with e-commerce giant Alibaba Group to further develop its logistics business. The news sent Haier Electronic’s stock to a 14-year high.