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Alibaba stock soars in jubilant trading debut

Jack Ma, center, founder of Alibaba, raises a ceremonial mallet before striking a bell during the company's IPO at the New York Stock Exchange, Friday, Sept. 19, 2014 in New York. The stock is to start trading Friday under the ticker "BABA." AP

Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to tap into the burgeoning Chinese middle class.

Posted: September 20th, 2014 in Latest Business Stories | Read More »

Asia’s billionaires see fastest wealth growth–report

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Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest of the world, a report said Wednesday.

Posted: September 18th, 2014 in Latest Business Stories | Read More »

GM to launch hands-free driving

General-Motors

General Motors CEO Mary Barra unveiled plans Sunday to make driving safer through hands-free technology, after a string of recalls that has dogged the company.

Posted: September 8th, 2014 in Latest Business Stories | Read More »

Home appliances that offer vintage feel with modern technology

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MEG DISPLAY at the Town and Country Fabulous Food Fair held at the Raffles and Fairmont Makati, Sept. 3

Essential to a functional and stylish kitchen is an intelligently planned interior layout that is equipped with spacious cabinets, heavy-duty drawers, deep kitchen sink and state-of-the-art appliances.

Posted: September 6th, 2014 in Columnists,Featured Columns,Inquirer Columns,Inquirer Features,Property Guide | Read More »

Chinese e-commerce rivals challenge Alibaba

In this Friday Aug. 29, 2014 photo, three of China's richest men, Wang Jianlin, center, chairman of Wanda Group, Pony Ma, right, CEO of Tencent, and Robin Li, left, chairman and CEO of Baidu Inc., hold hands at the launch ceremony of a joint venture of online-to-offline e-commerce in Shenzhen in south China's Guangdong province. China’s biggest developer, Wanda Group, and Internet giants Baidu and Tencent unveiled the new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering. The Chinese characters at top reads "Complete Success." (AP Photo)

China’s biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

Posted: September 1st, 2014 in Latest Business Stories | Read More »

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