Alibaba's magic carpet ride came to a standstill on Thursday, but experts say the world's largest e-commerce firm remains a compelling investment.
Sunac plans to buy a 49.3 percent stake in troubled developer Kaisa, which recently missed bond coupon payments, Caixin reported.
A judge said she will approve a deal that allows bankrupt Revel Casino Hotel to pay far less in property taxes this year.
A new headache lies around the bend for Japan's Honda Motor cheaper U.S. petrol could lure buyers away from its fuel-efficient cars.
Get the best of CNBC in your inbox