Eddie Wu, a long-time lieutenant of former Alibaba chief Jack Ma, takes charge of the company amid its biggest organisational restructure of its 24-year history
 
							The 10 biggest US IPOs of the past four years are down an average of 47% from the closing price on their first day of trading
 
							The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned for next year
 
							Deals worth billions in a range of tech sectors were detailed at a business summit on Monday that coincided with President Joe Biden's trip to Hanoi
 
							The announcements come on the heels of a series of nationwide support measures announced by Beijing for the property sector
 
							Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi
 
							China's consumer prices returned to positive territory while factory-gate price declines slowed, pointing to signs of stabilisation in the economy
 
							The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade from the Gulf to Europe
 
							The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation
 
							Australian PM Anthony Albanese signed a strategic agreement with Philippine President Ferdinand Marcos Jr on Friday, which will see the two countries run joint naval patrols in the South China Sea
 
							"The significance is that it shows that China has been able to stay 2-2.5 nodes behind the world's best (chip) companies," Dan Hutcheson, an analyst with TechInsights said
 
							Myanmar, one the world’s leading producers of rare earths metals, has suspended mining for inspections, sending prices to 16-month highs