Alibaba seeks to raise a record $24.3 billion in IPO

Sep 6, 2014

Alibaba seeks to raise a record $24.3 billion in IPO

China’s Alibaba Group Ltd. is seeking to raise up to $24.3 billion in its upcoming IPO — an amount that would be the most raised by a company in a stock-market debut. The e-commerce company and its early investors are hoping to sell up ...

Sep 6, 2014

Glance: the biggest initial public offerings in history

The Chinese e-commerce company Alibaba Group Ltd. is seeking to raise up to $24.3 billion in an initial public offering on the New York Stock Exchange, which would value the company at $163 billion. Those are both IPO records. Here is a look at ...

| Sep 5, 2014

Nikkei dips amid wait-and-see mood

Stocks gave up earlier gains to end slightly lower on the Tokyo Stock Exchange on Friday as a wait-and-see mood grew ahead of closely watched U.S. jobs data. The Nikkei 225 average ended down 7.50 points, or 0.05 percent, at 15,668.68. On Thursday, the ...

| Sep 1, 2014

Nikkei bounces back on weaker yen

Stocks bounced back in thin trading Monday, bolstered by higher U.S. equities and the yen’s weakening against the dollar. The Nikkei 225 average ended up 52.01 points, or 0.34 percent, at 15,476.60. On Friday, the key market gauge lost 35.27 points. The Topix gained ...

Aug 30, 2014

GPIF logs first profit in two quarters

The Government Pension Investment Fund posted a ¥2.224 trillion return on investment from April to June, logging its first profit in two quarters, officials of the mammoth entity reported. The results reflected solid showings from the fund’s stock investments at home and abroad, the ...

| Aug 28, 2014

Nikkei turns lower on firmer yen

Stocks turned lower Thursday, pressured by selling brought on by a rise in the yen against the dollar. The Nikkei 225 average ended down 74.96 points at 15,459.86. On Wednesday, the key market gauge climbed 13.60 points. The Topix lost 5.18 points to close ...