China&#39s Alibaba to buy $550 mln stake in One97 Communications – sources

China&#39s Alibaba to acquire mln stake in One97 Communications – sources
MUMBAI (Reuters) – China&#39s Alibaba Group Holding Ltd (BABA.N) and its unit Alipay are in sophisticated talks to get a stake for about $ 550 million in India&#39s One97 Communications, which owns an online payment platform, sources straight involved in the&nbsp…
Study much more on Reuters

UPDATE 2-China&#39s premier says economy will continue to feel stress in 2015
This way we can shift gear without having losing momentum and achieve medium- to high-speed growth, and medium- to high-level improvement&quot. Beijing would encourage mass entrepreneurship and innovation, he mentioned, which could &quotoffer an endless supply of&nbsp…
Read a lot more on Reuters

China stocks edge up in spite of dented easing hopes
Speaking at the World Economic Forum in Davos, Men and women&#39s Bank of China chief Zhou Xiaochuan mentioned policy ought to stay &quotstable&quot, which disappointed investors wanting a policy move to assist speed up growth. China ought to continue its neutral monetary&nbsp…
Study more on Reuters