Alibaba showcases business-friendly Beijing policy

Shares of Alibaba Group were up after the company put forth its plan to break down its empire into six individual companies and announced their listing plans. Alibaba’s Hong Kong-listed shares closed up 14.6% at HK$94.55 (US$12) on Wednesday. Other internet stocks also surged as Meituan grew 4% at HK$140 while Tencent rose 1.53% at […]Continue Reading

Why is Myanmar’s military holding an election?

WHAT HAS HAPPENED TO THE OPPOSITION? Aung San Suu Kyi, 77, is serving 33 years in prison after being found guilty on multiple charges her allies say were trumped up to end her political career. Dozens of NLD officials are also in jail or have fled. The junta dissolved theContinue Reading