Alibaba Group Holding

Alibaba faces tough economic and market conditions as it embarks on a major restructuring to split itself into six separate businesses.

Alibaba is separating itself into six businesses, most of which will pursue their own IPO, in the hope of unlocking value.

Can Alibaba improve profitability and install confidence that it can unlock value as it prepares to separate its array of different businesses?

Alibaba shares ripped higher and on track for its best daily performance in 11-months on the announcement the conglomerate will split into six companies.

Investors are focused on whether the reopening of the Chinese economy can lift Alibaba’s prospects.

Will Alibaba start to prioritise profits over growth amid the challenging economic outlook?

Another day, another handle higher for USD/JPY has traders continue to defy threats of intervention of the yen.

Another day, another handle higher for USD/JPY has traders continue to defy threats of intervention of the yen.

Alibaba shares remain under pressure amid Covid-19 disruption and slower economic growth in China, against a wider backdrop of rising US-China tensions.

Alibaba rose around 6% during Asian trade after announcing its intention to apply for a primary listing in Hong Kong.

Expectations for a strong earnings report are understandably low for Alibaba, so it may not take much of a beat to help it rise from support.