(Bloomberg) From Alibaba to Tencent, China’s largest companies are once again at the center of a market storm, spurred by speculation that Beijing is readying another assault on the world’s biggest internet arena.
Three of China’s most valuable businesses Alibaba Group Holding Ltd.
(Bloomberg) Asian equities slid for a third day as escalating tensions over Ukraine and fresh regulatory scrutiny on China’s tech sector frazzled investors’ nerves.
The MSCI Asia Pacific Index tumbled as much as 2.
Asian and European markets sank and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Asian markets track Wall Street losses on Ukraine conflict fears dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.