Yahoo reaches agreement to sell half of its stake in Alibaba for about $7.1 billion Austin American Statesman | HONG KONG — Yahoo reaches agreement to sell half of its stake in Alibaba for about $7.1 billion. | ___ | May 20, 2012 10:56 PM EDT | Copyright 2012, The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Share this article: ...
Who will support aging Japan? Japan Times | Under the leadership of Prime Minister Lee Hsien Loong, Singapore more than a decade ago adopted the growth strategy of making the medical industry the core of the nation's industrial development. | Lee, the eldest son of the city state's founding father Lee Kuan Yew, known for his "developmental ...
Yahoo, Alibaba reach agreement on Alibaba stake buyback Xinhua | SAN FRANCISCO, May 20 (Xinhua) -- Yahoo Inc. and Alibaba Group Holdings Ltd said Sunday evening that they have reached an agreement on a buyback plan for Yahoo's stake in China's largest e-commerce provider. | According to the agreement, Alibaba wi...
Yahoo to sell half of its Alibaba stake for $7.1billion The Hindu The deal, announced on Sunday in the U.S., will see Alibaba Group buying back the stake from Yahoo Inc. for $6.3 billion cash and up to $800 million of Alibaba preference shares. | The announcement caps at least a year of on-and-off talks as Yahoo tr...
Solar eclipse 'ring of fire' wows Asian, US sky-gazers The Times Of India SHARE | AND | DISCUSSTweet LOS ANGELES: Millions turned their eyes to the sky on both sides of the Pacific as a solar eclipse created a "ring of fire" from Asia to the western United States, where it was greeted with whoops in California. | The annul...
AMC Cinema to be bought by China's Wanda BBC News The Chinese conglomerate Wanda Group has agreed to buy the US Cinema chain AMC Entertainment for $2.6bn (£1.6bn), making it the world's biggest operator of movie theatres. | The deal gives Wanda access to more than 5,000 screens operated by AMC...
China opens vast rail system to private investment Reuters | BEIJING May 21 (Reuters) - China's railway industry will open to private investment on an unprecedented scale, according to a document issued this weekend by the Ministry of Railways, which is struggling with mounting debts and a corruption scandal...
UPDATE 2-Wanda to buy AMC Entertainment for $2.6 billion Reuters | By Terril Yue Jones and Denny Thomas | BEIJING May 21 (Reuters) - China's Dalian Wanda Group agreed to acquire AMC Entertainment for $2.6 billion, becoming the biggest theatre operator in the U.S. by revenue. | Ties between the U.S. and Chinese mov...
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Google gets China OK for Motorola deal Herald Tribune | NEW YORK - Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week. Enlarg...
Wheat, gold make stunning runs in nervous markets The Times Of India Tweet | NEW YORK: Wheat charged higher on Friday to post its biggest weekly gain in 16 years and gold continued its recovery from four-month lows as commodity markets saw selective...
China poses no threat to India: Pallam Raju The Hindu China posed no threat to India despite border dispute but the country was equipping itself well and having a strong deterrence posture so that no adversary took it for granted, the...
Morgan Stanley cuts China growth forecast to 8.5 pct Xinhua | BEIJING, May 21 (Xinhua) -- Morgan Stanley announced Monday it has adjusted forecast of China's gross domestic product (GDP) growth to 8.5 percent this year from the earlier forecast of 9 percent as a result of worse-than-expected slowdown in the f...
Chinese company to buy US movie theater chain AMC The Times Of India Tweet BEIJING: A Chinese conglomerate announced today it will buy a major US cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. | Dalian Wanda Group Co.'s purchase reflects the global ambi...
Yuan inches higher on short-covering; seen trading in a range The Times Of India Tweet | SHANGHAI: The yuan edged higher against the dollar on Monday on short-covering triggered by the euro's gains, while a stronger mid-point set by the central bank also helped boost sentiment, traders said. | At a G8 summit over the weekend, lea...
Japanese Yen Sold As China Premier Wen Stokes Stimulus Hopes The Street | Talking Points Japanese Yen Broadly Sold as China’s Wen Drives Risky Assets Higher US Dollar Lower Holds Ground as G8 Summit Yields Little on Eurozone S&P 500 Stock Index Futures Hint Sentiment Likely to Recover Further | The Japanese Yen...
