Alibaba Group Holding Ltd.’s push further into bricks and mortar may be just in time. The Chinese e-commerce giant is leading a bid to take department store operator Intime Retail Group Co. private, according to a statement to the Hong Kong stock exchange. Alibaba and Intime’s founder Shen Guojun will pay HK$10 ($1.30) for the Intime shares they don’t ...

  Another holiday shopping season has passed, and though the rapid growth of online spending has been a well-told story for a number of years now, it’s worth highlighting the latest developments and what they mean for investors. Internet sales rose an estimated 15 percent, to 19 percent, from a year earlier, while those at traditional stores fell 10 percent ...

  Bloomberg Asian stocks extended gains to an 11-week high as metal producers surged. Japanese equities rose as the yen halted its advance against the greenback ahead of US President-elect Donald Trump’s first press conference since July. The MSCI Asia Pacific Index rose for a third day, adding 0.4 percent as of 4:57 p.m. in Hong Kong and set for ...