Alibaba Group Holding Ltd. is China’s, and probably the
world’s, biggest online commerce company. Millions of users as well
as businesses and suppliers use their three main sites — Taobao,
Tmall and Alibaba.com.
Mark Reckless became the United Kingdom Independence Party’s
(UKIP) second elected MP when he won the Rochester and Strood
by-election last night with a majority of 2900, having won the
support of 42% of the vote.
Japan’s yen rose for the first time in seven days as Finance
Minister Taro Aso said its decline has been too fast. Most Asian
stocks fell, with the regional index headed to its biggest weekly
retreat since mid-October, while crude oil climbed for a second
Yesterday’s release of the most recent Federal Reserve
minutes suggest that the U.S. central bank is keen on raising
interest rates in 2015 and more, that the FOMC is relatively
unconcerned about the greenback’s strength.