Lawmakers in Japan area debating a move to allow listed businesses to report twice a year instead of having to file quarterly financial reports, Nikkei Asia says
"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock
The e-commerce outfit had unveiled plans in March to list its cloud business as part of the biggest restructuring in its 24-year history
Asian markets were mixed on Tuesday, with stocks in China flat, while shares in Japan, Korea, Malaysia and Australia rose
The ride-hailing outfit’s three-month surplus was its first since 2021 when it was the target of China’s cyberspace regulator
Security reviews are being undertaken in the US after the ICBC ransom attack, while China's top bank sent capital to its US arm to help pay BNY Mellon $9 billion for unsettled trades caused by the event
The SoftBank Group-controlled firm trades at 45 times its 12-month forward earnings estimates, compared with investor darling Nvidia's 29.66
A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop
The International Monetary Fund cautioned continued weakness in the real estate sector and cooling consumer demand could hold back GDP
According to a study by US researchers at AidData, Beijing’s lending focus has shifted from Belt and Road infrastructure projects to rescue finance
The ban is aimed at promoting a "level playing field" for retail and institutional investors, South Korean financial authorities said
A former central bank official has warned the Bank of Japan might phase out stimulus by next month if pressure continues to mount on its currency and prices