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Business to announce share price ahead of Hong Kong IPO

HONG KONG (AP): E-commerce portal, one of China's fastest-growing technology companies, was set to announce Saturday the price of its eagerly awaited initial public offering.


Alibaba stock slides over 6%

Shares in China's top e-commerce firm,, slid more than 6% yesterday after the world's biggest software maker Microsoft dropped a bid for Yahoo, Alibaba's key investor.


Microsoft wants to buy Yahoo search business

Microsoft Corp has proposed to buy Yahoo Inc's search business and take a minority stake in the web pioneer, stopping short of a full-out merger, a person familiar with the discussions said on Monday.


Foreign news in brief

Briefs on: Alibaba sees rising sales from local traders, UBS expects fee income to take a hit, Bridgestone profit falls on higher material costs and Saudi cuts oil supply to comply with curbs


Insight into e-market

Alibaba - Review by SHARIDAN M.ALI


Yahoo sells China’s shares

HONG KONG/SAN FRANCISCO: Yahoo Inc is selling its 1.14% stake in Chinese Internet marketplace for about US$150mil, nearly two years after the company went public.


Yahoo expects to grow Asia business, market share

SEOUL: Yahoo Inc expects its business in Asia to grow in the coming year and to increase its market share if the overall economy continues to recover, a senior executive said yesterday.


Google's Gmail adds security after China hacking

MOUNTAIN VIEW, California: Google is tightening the security of its free e-mail service to combat computer hackers like the ones that recently targeted it in noshade size=-1 width=50%>


Alibaba says Yahoo 'reckless' on Google stance

BEIJING (AP): China's e-commerce giant Alibaba turned on major shareholder Yahoo Inc. on Saturday, calling the American company's support of Google in its standoff with China reckless.


Google negotiating ways to keep presence in China

BEIJING: Even if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations in the world's most populous Internet market.