Alibaba drops share sale to revive hopes of a Hong Kong listing
Chinese e-commerce giant Alibaba has abandoned plans to sell shares anywhere in the near term in a bid to let the heat die down over its controversial share-structure proposal, chief executive Jonathan Lu Zhaoxi told the South China Morning Post .
Japan PM unveils US$110b plan for Asian infrastructure
TOKYO: Japans Prime Minister Shinzo Abe announced on Thursday (May 21) a US$110 billion investment plan for infrastructure projects in Asia in an apparent counter to Chinas move to launch a new development bank. Abe said in a speech in Tokyo that .