Friday, March 29, 2024
Alibaba Group Holding Ltd. logged 168.3 billion yuan ($24.3 billion) in sales in 16 hours of its annual Singles’ Day extravaganza, setting a record as shoppers swarmed the e-commerce giant’s online bazaars. China’s largest company, which used a concurrent televised entertainment spectacle featuring Cirque du Soleil and Mariah Carey to further drum up business, reported…
“WHO IS KILLING Tencent?” was the headline of an article on a Chinese business news site this autumn. Those sharing the link on WeChat, a social-media and payments service that is the crown jewel of the Chinese technology giant, see something else: “This title contains exaggerated and misleading information”. The swap is ostensibly the result…
But as Saudi Arabia has bungled its response to the killing — denying it for weeks, then calling it an accident, and later acknowledging evidence of premeditation — Mr. Erdogan’s posture has shifted. As criticism has mounted, he has evidently calculated that he can deal a serious enough blow to Prince Mohammed to permanently cripple…
Media playback is unsupported on your device Media captionJamal Khashoggi: What we know about the journalist's disappearance and death Turkey says it has shared recordings related to the murder of the journalist and writer Jamal Khashoggi with the US, the UK, Saudi Arabia and others.Turkish President Recep Tayyip Erdogan repeated his assertion that Saudi Arabia…
Alibaba Group Holding Ltd. logged 10 billion yuan ($1.44 billion) of sales volume in the opening minutes of its annual Singles’ Day extravaganza, outpacing last year’s start as shoppers around the world swarmed the e-commerce giant’s online bazaars. China’s largest company, which is trying to drum up business via a concurrent televised entertainment spectacle featuring…
SEOUL (Reuters) - South Korean President Moon Jae-in has fired both his top economic policymakers and replaced them with people already in the government, his office said on Friday, a move widely seen as intended to reinforce his controversial policies. FILE PHOTO: South Korean Finance Minister Kim Dong-yeon waits for U.S. Treasury Secretary Steve Mnuchin…
Samsung's flexible phone. It starts in phone mode... And opens into a tablet mode. There are two displays on Samsung's phone. One static phone-style display on the outside, and athe folding display on the inside. Putting the folding display on the inside of the device means putting a serious bend in the display. As you…
SYDNEY (Reuters) - Australia will offer Pacific countries up to A$3 billion ($2.18 billion) in grants and cheap loans to build infrastructure, Prime Minister Scott Morrison said on Thursday, as Canberra seeks to counter China’s rising influence in the region. Australia and China have been vying for influence in sparsely populated Pacific island countries that…
Research from UBS shows President Trump's tariffs on Chinese goods are having a material effect on US-China trade. The analysts reviewed US import data for $34 billion of products that fell within the first tranche of US tariffs on July 6. And the decline has been "sharp and unambiguous": Census/UBS "The modest uptick in September…
Enlarge / A Falcon 9 rocket launches in September 2018. The first satellite launched into orbit, Sputnik, launched from a spaceport in Baikonur, Kazakhstan. The Central Asian country was then a Soviet republic. Later, the first human to fly into space, Yuri Gagarin, also launched from Kazakhstan. Today, despite its independence, this spaceport remains the…