Business

Alibaba says annual net profit up 47% in 2017/2018

by Julien Girault Agence France Presse BEIJING, China (AFP) -- Chinese e-commerce giant Alibaba on Friday announced a massive 47…

Asian markets end week with losses, eyes on US jobs data

HONG KONG, China (AFP) -- Asian markets fell on Friday, tracking another retreat on Wall Street as attention turns to…

HSBC reports $4.76 bn pre-tax profit in first quarter

HONG KONG, China (AFP ) -- Hong Kong banking giant HSBC said Friday that pre-tax profit dipped four percent to…

China’s Xiaomi submits HK filing, with big IPO expected

HONG KONG, China (AFP) -- Chinese smartphone maker Xiaomi on Thursday kicked off what could be the world's biggest initial…

Asian equities track Wall St loss, China-US trade talks in view

HONG KONG, China (AFP) -- Most Asian markets dipped Thursday following a sell-off in New York as investors keep an…

Xerox CEO to resign in settlement with top shareholders

NEW YORK, United States (AFP) -- The CEO of Xerox, a major photocopy maker, will resign according to a statement…

Apple reports higher profits, unveils big share buyback

NEW YORK, United States (AFP) -- Apple reported a jump in second-quarter earnings Tuesday and announced a new $100 billion…

WhatsApp co-founder leaving Facebook

SAN FRANCISCO, United States (AFP) -- WhatsApp co-founder Jan Koum on Monday put out the word that he is leaving…

Asia markets rise as Seoul, won extend gains after Moon-Kim talks

HONG KONG, China (AFP) -- Hong Kong led a rally across most Asian markets on Monday as traders brushed off…

Sony profits soar nearly seven-fold to $4.5 billion

TOKYO, Japan (AFP) -- Sony on Friday reported profits worth $4.5 billion, extending a roaring recovery supported by better sales of…

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