Alibaba

Billionaire Alibaba cofounder Joseph Tsai is taking full ownership of the Brooklyn Nets, the New York Post reported. To do so, Tsai will buy out Russian financier Mikhail Prokhorov's 51% stake in the team for $2.35 billion, according to the Post. That's th…

Billionaire Alibaba cofounder Joseph Tsai is taking full ownership of the Brooklyn Nets, the New York Post reported. To do so, Tsai will buy out Russian financier Mikhail Prokhorov’s 51% stake in the team for $US2.35 billion, according to the Post. That’s th…

SINGAPORE and NEW YORK, Aug. 15, 2019 /PRNewswire/ -- Recently, many people have flocked to invest in cryptocurrencies, turning the once fringe digital money into an asset class valued in the hundreds of billions of dollars. While some observers have criticiz…

Now that Joe Tsai, the Nets minority owner, is closing in on his purchase of Barclays Center, that opens the door to accelerating his takeover of the rest of the team. But what does that means for fans? Once Tsai completes the deal for the team, worth an NBA…

BEIJING (ANN): Jet Li is no longer grounded but taking off again, health-wise. Netizens were shocked in 2018 when a photo of a frail-looking Li - visiting a temple in Tibet - surfaced. The gongfu star was diagnosed in 2010 with hyperthyroidism, whose sympto…

Yuan Jiajun, the Governor of China's Zhejiang Province, is expected to visit Rwanda early next month along with other business delegates, China's Ambassador to Rwanda, Rao Hongwei, said Tuesday. Yuan, best known for his role as chief of the Shenzhou programm…

Inside Edition's Diane McInerney got exclusive access to the swanky New York home where a fundraiser was held to benefit President Trump Friday. The $40 million Hamptons mansion owned by Joe Farrell has 16 bedrooms and 19 bathrooms. Its 2,000-square-foot mas…

Jackson Hole Valley in Wyoming is full of ranches. But not all ranches bring in Fortune 500 companies who pay upwards of $10,000 to watch a cowboy tame a wild horse. For more than 20 years, Jane and Grant Golliher of Diamond Cross Ranch in Moran, Wyoming, …

The world knows that China's GDP growth rate has recently fallen (although some are more worried about it than others). But what the world may not know is that while the U.S. capital markets have steadily grown for the past decade (see chart below), the Chine…

In Pictures Ltd · Corbis · Getty Cui Jian, godfather of Chinese rock, drew 30,000 fans to the Workers Stadium in Beijing on 30 September last year for a concert that was also a lesson in contemporary history. When he launched into his signature tune Yì Wú Su…