Alibaba Group Holding Ltd

AI boom fails to propel China’s cloud market growth

BEIJING — Excitement over artificial intelligence isn’t yet fueling a boom in cloud services spending in mainland China. “The Chinese…

Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle

BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce…

U.S. pension funds heavily invested in China complicate Washington’s crackdown, new analysis finds

U.S. proposals to clamp down on investments in China may be being undermined by continued funding from some of America’s…

China’s biggest shopping festival is set for a tepid 2023, survey finds

BEIJING — Most consumers in China are planning to keep a lid on spending during this year’s Singles Day shopping…

With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023

From the U.S. to China, countries around the world are battling it out to lead on financial technology, a heavily…

Stocks making the biggest moves midday: Ford, Scholastic, Squarespace, Deere and more

Check out the companies making headlines in midday trading. Ford — Shares popped about 2% in midday trading after a…