Jack Ma
Kamila Valieva, of the Russian Olympic Committee, trains at the 2022 Winter Olympics, Monday, Feb. 14, 2022, in Beijing. (AP Photo/Bernat Armangue)
Russia's Olympic doping case helps China skirt dicey topics

By Stephen Wade Feb. 15, 2022 05:05 AM EST

A food delivery worker and office workers wearing face masks to protect themselves from the coronavirus wait to cross a street in Beijing on Thursday, Jan. 14, 2021. The e-commerce workers and delivery people who kept China fed during the pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest. (AP Photo/Andy Wong)
Deaths, self-immolation draw scrutiny on China tech giants

By Zen Soo Jan. 17, 2021 01:05 AM EST

A security guard mans a checkpoint into the Alibaba Group headquarters in Hangzhou in eastern China's Zhejiang province on Friday, May 27, 2016. Chinese regulators on Thursday, Dec. 24, 2020 announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over China's fast-growing tech industries. (AP Photo/Ng Han Guan)
China steps up pressure on Alibaba with anti-monopoly probe

By Joe Mcdonald Dec. 24, 2020 02:11 AM EST

In this Friday, Oct. 23, 2020 photo, the figure of Ant Group's mascot is displayed at the Ant Group office in Hong Kong. China's Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world's largest money market funds, will hold dual listings in Shanghai and Hong Kong. (AP Photo/Kin Cheung)
Debut of Chinese e-finance giant derailed by fear of risks

By Joe Mcdonald And Zen Soo Nov. 04, 2020 04:11 AM EST

In this Friday, Oct. 23, 2020 photo, the figure of Ant Group's mascot is displayed at the Ant Group office in Hong Kong. China's Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world's largest money market funds, will hold dual listings in Shanghai and Hong Kong. (AP Photo/Kin Cheung)
Market debut of Chinese e-finance giant Ant Group postponed

By Zen Soo And Joe Mcdonald Nov. 03, 2020 09:20 AM EST

FILE - In this Sept. 10, 2019 file photo, Jack Ma, founder of the Alibaba Group, speaks at the company's 20th-anniversary celebration in Hangzhou in eastern China's Zhejiang province. A survey shows Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China's richest entrepreneur as the coronavirus shutdown propelled demand for online shopping and other services. (Chinatopix via AP, File)
Fortunes of China's internet tycoons soar amid pandemic

By Joe Mcdonald Oct. 20, 2020 02:33 AM EDT

In this Saturday, May 23, 2020 photo, hundreds of race fans wait in line to purchase tickets at the Ace Speedway on in the rural Alamance County community of Altamahaw near Elon, N.C. North Carolina Gov. Roy Cooper’s administration has ordered closed a small stock-car track that’s allowed large crowds to gather repeatedly for weekend races well above COVID-19 limits for mass gatherings. Cooper’s health secretary says Ace Speedway in Alamance County is an “imminent hazard” for the virus' spread and can't reopen unless it creates a safety plan to keep fans away. (Robert Willett/The News & Observer via AP)
The Latest: SKorea requires QR codes at 'high-risk' venues

By The Associated Press Jun. 09, 2020 01:37 AM EDT

In this photo released by Alibaba Foundation, a worker prepares the first batch of donation from the Jack Ma Foundation and Alibaba Foundation bound for Africa to depart from Guangzhou in southern China's Guangdong province Saturday, March 21, 2020. As the coronavirus spread, the world’s richest communist dug into his deep pockets. Jack Ma, founder of e-commerce giant Alibaba Group and a member of the ruling Communist Party, helped to pay for 1,000 ventilators delivered to New York in April. Ma's foundation also is giving ventilators, masks and other supplies in Africa, Latin America and Asia. (Alibaba Foundation via AP)
China's companies emerge as global donors in virus pandemic

By Joe Mcdonald Jun. 08, 2020 11:55 PM EDT

FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. (AP Photo/Thibault Camus, File)
SoftBank racks up losses as Vision Fund investments plunge

By Yuri Kageyama May. 18, 2020 04:24 AM EDT

Update on the latest in business:

May. 18, 2020 03:35 AM EDT
FINANCIAL MARKETS Asian stocks rise after Fed chief optimistic about recovery BEIJING (AP) — Asian stock markets rose...

Emergency medical technicians transport a patient to Elmhurst Hospital Center emergency room, Saturday, April 4, 2020 in the Queens borough of New York. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. (AP Photo/Mary Altaffer)
NY gets 1,100 ventilators with help from China, Oregon

By Karen Matthews And Jennifer Peltz Apr. 04, 2020 11:53 AM EDT

Cuba: US embargo blocks coronavirus aid shipment from Asia

By Michael Weissenstein Apr. 03, 2020 02:22 PM EDT
HAVANA (AP) — Cuban officials say a shipment of coronavirus aid from Asia’s richest man, Jack Ma, has been blocked by the six-decade U.S. embargo on the island...