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Yuan jumps after state intervention

Agencies and staff reporter The yuan rebounded more than 800 basis points at one stage in a spectacular push yesterday after Chinese authori. ....

Hong Kong , Themis Qi , Joseph Tsai , Eddie Wu Yongming , Daniel Zhang Yong , Kwang Ju , Becky Liu , Jack Ma Yun , Zhi Xiaojia , People Bank , Alibaba Group , Greater China , Shanghai Composite , Hang Seng Index , Alibaba Cloud , The Standard , Ection News , Op News , Entral Station ,

Former Alibaba CEO steps down from cloud unit in surprise exit

Former chairman and CEO Daniel Zhang Yong is stepping down as head of the e-commerce giant’s cloud division, a move that comes as a surprise the same day he… ....

Eddie Wu Yongming , Daniel Zhang Yong , Zhang Yong , Reaking News ,

Former Alibaba CEO Daniel Zhang steps down from cloud unit in surprise move amid leadership transition

Daniel Zhang’s exit comes the same day he was scheduled to hand over the company to the new chairman Joseph Tsai and CEO Eddie Wu Yongming, who now heads Alibaba Cloud. ....

Daniel Zhang Yong , Josephc Tsai , Eddie Wu Yongming , South China Morning Post , Alibaba Cloud Intelligence Group , Alibaba Group Holding , Zhang Yong ,

Chinese e-commerce giant Alibaba to overhaul employee ranking system, including removal of categories for senior roles, as group's restructuring continues

Planned changes would include adding more layers, prolonging the promotion timeline of mid-level personnel and removing the P9 and above categories for senior roles. ....

Alibaba Group Holding , Start Ups , Taobao Tmall Commerce Group , E Commerce , Jack Ma , Daniel Zhang Yong , Eddie Wu Yongming ,

Alibaba and NetEase bet future on AI despite looming US restrictions

Zhejiang has become China’s first province to launch a local policy guideline designed specifically to help Big Tech firms. ....

Eddie Wu Yongming , Joe Tsai , Taobao Tmall Group , Administration For Market Regulation , South China Morning Post , South China Morning , Big Tech , State Administration , Market Regulation , Wall Street Journal , Tmall Group , Us Sanctions , Daniel Zhang , William Ding , State Administration For Market Regulation ,