05 Jun '11, 3am

Promise, drama in Yahoo's Asian assets:

Promise, drama in Yahoo's Asian assets:

While Western Internet companies like Google Inc have struggled to crack the Chinese market, notorious for its murky regulatory landscape, Yahoo's partnership with local player Alibaba was considered a shrewd way to tap into the fast-growing Chinese market -- particularly given that Yahoo acquired its sizable stake in Alibaba for the bargain price of $1 billion in 2005. Some investors believe privately-held Alibaba's value currently exceeds $40 billion.

Full article: http://sg.finance.yahoo.com/news/Promise-drama-Yahoo-Asia...

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Tennis: Asian Grand Slam?

Tennis: Asian Grand Slam?

channelnewsasia.com 04 Jun '11, 1pm

FRANCE: Former tennis men's singles world number one Andre Agassi said it would be great for Asia to have its own Grand Sl...