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Alibaba denies princelings’ influence on the company

Responding to a NYT report which connects some of its shareholders to Chinese political powers, Alibaba said the background of its investors mattered little to the group and slammed some international media for making things out of nothing.

published 19 minutes ago by Cyrus Lee

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Flash Boys, book review: Exposing the Wall Street shuffle

According to Michael Lewis, the financial markets are rigged, with banks and big brokers operating 'dark pools' that can be exploited by high-frequency traders. This book exposes the scam, and describes how one group is trying to change the game.

published 1 hour ago by Wendy M Grossman

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US listing on the cards at Xero AGM

A public listing in the United States is on the cards for New Zealand cloud accounting provider Xero, with chairman Chris Liddell today telling investors that listing on a US exchange would be a "logical step" for the company.

published 3 hours ago by

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Putin signs data retention law

Russian president Vladimir Putin has signed a new law requiring internet companies to retain the personal data of their Russian customers, or face being blocked from access in the country.

published 6 hours ago by AAP

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Apple granted 'iTime' patent

Apple has secured a patent from the United States Patent and Trademark Office for a device referred to as 'iTime', revealing some of the features that may be included in the company’s highly anticipated watch device.

published 8 hours ago by

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