NetEase Inc. turned down an offer from US games publisher Blizzard to extend their China licensing agreement by six months, setting the stage for the withdrawal of global titles like World of Warcraft from the top gaming market.
Mark Austen, the former head of Asia’s biggest bank lobby group, has joined Flint Global to help the political and regulatory consultant firm establish a presence in Asia to advise clients on the region’s escalating geopolitical risk.
Brookfield Asset Management is considering selling technology outsourcing firm Everise for about $1 billion amid interest from potential buyers, according to people familiar with the matter.
A Bitcoin rebound has put crypto mining stocks on course for their best monthly performance in at least a year, providing some respite from the debt and energy-price worries that pummeled the shares in 2022.
China tech bulls expect meme-stock icon Ryan Cohen’s foray into Alibaba Group Holding Ltd. to add impetus to the stock, which has increased more than $140 billion in market value in the latest turnaround.
One of the world’s biggest ports is working to fully automate all dock operations in a bid to cope with Covid-induced supply-chain disruptions and labor shortages.
Key Apple Inc. manufacturing partner Foxconn Technology Group has appointed a new boss for its iPhone assembly business after a tumultuous year in China, highlighting the company’s efforts to ready a new generation of leaders to help it navigate a post-Covid world.
Tsinghua Unigroup Co.’s new owners are exploring ways to stave off creditors after completing a $9 billion takeover, including industrial property sales and floating fast-growing business units such as a local rival to Qualcomm Inc.
Malaysia seeks to expedite priority projects while plugging leakages in its review of the 2023 budget amid rising sovereign debt levels, according to Prime Minister Anwar Ibrahim.
Meme-stock investor Ryan Cohen has taken a stake in Alibaba Group Holding Ltd. and is pushing the e-commerce leader to buy back more of its shares, in a rare case of activism targeting a prominent Chinese firm.
