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Alibaba Cloud Eyes State Firms for Up to $3 Billion Funding

Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the business’s market…

Asia Stocks Set to Fall as China Property in Focus: Markets Wrap

Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut…

Morgan Stanley s Wilson says too much optimism in stock prices

US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear,…

Asia Stocks Drop as Weak China PMIs Hurt Sentiment: Markets Wrap

Stocks in Asia declined after disappointing China services data added to concern over the nation’s economic malaise. The dollar edged higher. • None Huawei…

Canada Orders Wealth One Bank Shareholders to Divest

Canada’s Finance Minister Chrystia Freeland instructed three of the founding investors of Wealth One Bank of Canada to divest their stakes in the lender,…

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