Ryan Cohen takes stake in Alibaba: report
[ad_1] Meme-stock investor Ryan Cohen has amassed a stake in Alibaba Group Holdings and is now actively pushing the Chinese e-commerce giant to expand its share buyback program, The Wall…
News Corp says Murdoch won’t pursue merger with Fox unless it’s recommended by independent board committee
[ad_1] A News Corp special board committee considering a potential combination with Fox Corp. said it has been delegated full authority to evaluate the proposal. News Corp said Monday that…
Alibaba and Nio among Chinese stocks surging as hopes build about potential reopening
[ad_1] U.S.-listed shares of Chinese companies were enjoying a sharp rally in premarket trading Tuesday as hopes built about a potential relaxation of the country’s severe measures meant to help…
U.S. stock futures tick higher after last week’s rally
[ad_1] U.S. stock futures were pointing modestly higher on Monday, consolidating last week’s gains as a slate of major tech company earnings await. What’s happening Futures on the Dow Jones…
Hong Kong stocks suffer worst single-day rout since 2008 as Xi consolidates power
[ad_1] Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi Jinping tightened his grip on power. The Hang Seng HSI, -6.36% ended…
Deloitte China to pay $20 million SEC penalty for audit failures ‘at the most basic level’
[ad_1] The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to…