Asian equities declined on Thursday as investors focused on key Chinese manufacturing data and sliding oil prices.» Read More
The "Fast Money" traders share their final trades of the day.
Asian stock markets were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival.
Alibaba founder Jack Ma surprised potential investors at an event in New York by addressing governance concerns over the Chinese e-commerce giant.
Sept 8- Alibaba Group Holding Ltd founder Jack Ma on Monday surprised potential investors at a standing-room only event in New York by addressing governance concerns over the Chinese e-commerce giant, including a controversial 2010 spin-off of its online payment service.
Sept 8- Alibaba Group Holding Ltd founder Jack Ma on Monday gave potential investors little new information about his Chinese e-commerce giant, but surprised them by addressing governance concerns, including a controversial 2010 spin-off of its online payment service.
Ciena Corp and Finisar Corp last week joined their peers in forecasting a weak current quarter, citing delays on closing sales to customers in North America. AT&T is set to buy DirecTV for $48.5 billion and Deutsche Telekom AG is seeking buyers for T-Mobile US Inc after the collapse of a sale to Sprint- which itself was bought last year by Japan's Softbank Corp..
Sept 8- Hundreds of hedge funds, mutual funds and other institutional investors lined up on Monday to hear Alibaba Group Holding Ltd's management pitch the company's shares, as the Chinese e-commerce giant kicked off a two-week IPO marketing blitz.
Alibaba is seeking to raise more than $21 billion in an initial public offering that will value the company at up to $163 billion and rank as the largest-ever technology debut in the United States.
Asian equities started the week mixed on Monday as investors focused on a raft of economic data in China and Japan.
TOKYO, Sept 8- Japanese stocks edged up on Monday in choppy trade as weaker-than-expected U.S. jobs data spurred hopes that U.S. interest rates will stay low, while Rakuten Inc tumbled on news of a deal to buy a U.S. rebate site operator.
*SoftBank rises on news Alibaba's IPO price seen $60- $66/ share. *Rakuten falls on worries about recent hefty capital spending. TOKYO, Sept 8- Japanese stocks were modestly higher in choppy early trade on Monday, as mixed signals from China trade numbers and soft Japanese and U.S. data checked investors' risk appetite.
Several advisers said they had expected a scramble from clients. But the phone has not been ringing off the hook.
Sept 7- When Chinese e-commerce giant Alibaba Group Holding revealed plans earlier this year to go public on a U.S. stock exchange, financial advisers like Bob Mecca in Hoffman Estate, Illinois braced themselves for a wave of frantic calls from retail investors wanting to get in on the action.
Chinese e-commerce giant Alibaba on Friday filed to sell up to $24.3 billion in stock, making it the biggest U.S. initial public offering ever.
Some of the names on the move ahead of the open.
*Mobile is weak link in Sony's struggling electronics division. TOKYO, Aug 29- Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.
*Mobile is weakest link in Sony's struggling electronics division. TOKYO, Aug 29- Japanese wireless operator SoftBank Corp will offer a Sony smartphone for the first time, selling a soon-to-be-launched Xperia in Japan, and in the United States via its unit Sprint, sources with knowledge of the matter said.
TOKYO, Aug 29- SoftBank Corp is to offer a Sony Corp smartphone for the first time, selling the upcoming Xperia handset both in Japan and through subsidiary Sprint Corp in the United States, sources with knowledge of the matter said.
Son's nose for an investment has turned Alibaba into a stake worth $50 billion as the Chinese e-commerce giant heads for the biggest U.S. tech IPO.
BEIJING, Aug 28- Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.