Its gross ⁠merchandise value, total value of all goods sold through the marketplace, is now expected to grow 9% to 11% this year, compared ...

Alibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...

Alibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...

MSCI’s Asia Pacific equities gauge dipped 0.1%, with the Kospi Index in South Korea — a bellwether for AI investments — falling 1.2%. Howev...

South Korea’s KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned in...

The company expects the new entity to relist on the Korea Exchange on ⁠January 27, 2027, following a planned January 1 split.

China’s coffee boom is helping Luckin overtake Starbucks, with its low prices, app-based convenience and local flavours driving rapid growt...

Despite muted foreign flows and persistent geopolitical uncertainties keeping a lid on the broader market, corporate earnings have remained...

Estee Lauder projects robust annual profits that are set to surpass Wall Street's expectations. The company's growth is heavily fueled by l...

Symbiotec Pharmalab will launch its ₹1,757-crore IPO from August 24–27, 2026, with a price band of ₹938–988 per share. The minimum bid is 1...

The US Treasury plans new economic pressure on Iran, facing skepticism from critics. Targeting China's oil purchases poses risks to US-Chin...

Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potentia...

Leopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks tu...

Reliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...

Samsung and SK Hynix are under pressure from investors to boost shareholder returns as they experience significant profits driven by strong...

Samsung and SK Hynix face investor pressure for increased shareholder payouts. These chipmakers are generating unprecedented cash from robu...

South Korea's consumer inflation eased to a three-month low in July, falling below market expectations. Lower oil prices significantly cont...