Altaf Hussain stood before a political rally in Pakistan’s biggest city about three decades ago and raised his hand, telling tens of thousands of supporters he expected total silence on the count of three.
Alibaba Group Holding Ltd. is preparing to file for an initial public offering in the next few days that reflects an evolution of China’s economy: The high- tech vision of executives like Alibaba’s Jack Ma is edging out Mao Zedong’s dream of a nation covered in smokestacks.
China President Xi Jinping’s first public move to combat corruption in the People’s Liberation Army is the biggest step in his campaign to build it into a combat- ready force after decades in which the military served partly as a money-making vehicle.
Agricultural Bank of China Ltd., the nation’s third-largest lender by market value, posted a 14 percent increase in first-quarter profit as it widened lending margins and boosted income from loans and fee-based services.
Barely 26 years old, Zhang Xi has studied at an elite American university, worked for an investment bank in Hong Kong and an oil company in Beijing and now may launch an Internet startup with two friends.