Asia/Pacific

Top Alibaba executives, investors may expand board after IPO: filing

A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a U.S. regulatory filing on Friday.


Apple iPhone a danger to China national security: state media

Chinese state media on Friday branded Apple Inc's (AAPL.O) iPhone a threat to national security because of the smartphone's ability to track and time-stamp user locations.

Vodafone to push ahead with Indian tax arbitration case

Britain's Vodafone said on Thursday it intended to push ahead with international arbitration in its long-running Indian tax dispute, after the Indian government said it would set up a committee to review retrospective tax claims.

Access to Google services within China returns

Users in China were able to access online services for Google Inc on Thursday, after more than a month of severe disruption that almost completely blocked people from using features such as its search, maps and e-mail functions.


Latest News

Samsung Electronics Co Ltd (005930.KS) on Tuesday issued unexpectedly weak quarterly earnings guidance which put it on track for its worst results in two years and cast doubt on the smartphone leader's strategy against cheaper Chinese rivals.
Airbus Group NV's (AIR.PA) helicopter division sealed a deal on Monday to sell 123 helicopters to Chinese companies during German Chancellor Angela Merkel's China visit.
The billionaire founder of web portal operator Naver Corp beat back Google Inc to leave South Korea one of few countries where the U.S. search engine does not dominate.
AirAsia Bhd (AIRA.KL) said on Tuesday it would set up a low-cost airline with Japan's biggest online retailer Rakuten Inc (4755.T) and other firms, marking the budget carrier's second attempt to tap one of Asia's lucrative air travel markets.
Chinese e-commerce giant Alibaba Group Holding Ltd [IPO-ALIB.N] may have dominated online retail on personalcomputers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.
Japan's No. 2 wireless carrier KDDI Corp on Wednesday unveiled flat-rate plans that are likely to raise monthly bills for most smartphone users using its KDDI au service, tracking similar moves by rivals trying to fend off pressure from free message applications such as Line.
Japan's leading Liberal Democratic Party said it decided against regulating bitcoin for the time being, after the collapse of Tokyo-based bitcoin exchange Mt. Gox prompted them to consider more scrutiny of the virtual currency.
Sony Corp Chief Executive Kazuo Hirai said on Thursday that the Japanese consumer electronics company was not thinking of splitting off or listing its entertainment business.
A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.
The failed Tokyo-based bitcoin exchange, Mt Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States as it awaits approval of a settlement with U.S. customers and a sale of its business.
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