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Alibaba’s index of pain is a lesson in timing

Pity the poor saps who piled into shares of Alibaba Group Holding Ltd when it was a $750 billion behemoth and the sky still appeared to be the limit. That includes a lot of retirement savers in Hong Kong, who became involuntary investors last year when the company was added to the city’s benchmark Hang Seng Index. By any yardstick, ...

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China is closing another major bridge to Taiwan

For the past decade, political, economic and cultural ties between China and Taiwan have withered under the strain of an increasingly assertive Beijing and a Taipei that refuses to bend under its will. Yet one part of the relationship has held together well: The pragmatic businesspeople on both sides toiling behind the scenes to help each other make money while ...

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Latam Airlines reaches bankruptcy deal

Bloomberg Latam Airlines Group SA has reached a deal with key stakeholders that paves the way for the Chilean carrier to slash debt and exit bankruptcy under new ownership. Latin America’s largest airline plans to raise around $5 billion by issuing shares and convertible notes to current stockholders and creditors as it exits Chapter 11 bankruptcy, according to court papers. ...

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