Leadership

Alibaba soars but Europe, Asia stocks mixed

Alibaba rocketed 15 percent after bumper results after hours on Friday, including a surge in AI revenue. Photo: ALAIN JOCARD / AFP/FileSource: AFP Chinese ecommerce giant Alibaba soared on Monday but Asian and European markets were mixed after Wall Street retreated from record highs. Alibaba rocketed almost 20 percent following …

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Chinese cluster now world’s top innovation hotspot: UN

Hong Kong is part of the world’s top innovation cluster. Photo: Philip FONG / AFPSource: AFP Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world’s top cluster for innovation, the United Nations said Monday. The UN’s World Intellectual Property Organization (WIPO) said the Chinese cluster had leapfrogged its Japanese rival …

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Malawi’s fuel crisis hangs over upcoming elections

Malawi goes to the polls this month with severe shortages of petrol, for which motorists are forced to queue, among its many economic troubles. Photo: Amos GUMULIRA / AFPSource: AFP In early morning gloom, a long line of vehicles winds around the lone fuel station in Dedza district in central …

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