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E-commerce tycoon Huang tops China's rich list
E-commerce tycoon Huang tops China's rich list
by  AFP

E-commerce tycoon Colin Huang has become China's richest man, an index showed Friday, capping an ascent for the former Google employee whose shopping site Temu has sucked in consumers with its low prices and all-powerful algorithms. In 2015 he founded online shopping site Pinduoduo, which blossomed into one of China's most successful e-commerce empires -- rivalling Jack Ma's Alibaba.

Asian stocks track Wall St rally as US jobs data ease recession fears
Asian stocks track Wall St rally as US jobs data ease recession fears
by  AFP

Asian stocks rallied Friday as investors breathed a sigh of relief after US jobs data soothed concerns that the world's top economy could tip into recession, bringing a painful week to a positive end. "The path of policy will be determined by the data and the strength of the economy."

Venezuela opposition, US, allies heap pressure on Maduro
Venezuela opposition, US, allies heap pressure on Maduro
by  AFP

Venezuela's opposition on Thursday warned of a potential mass exodus of migrants if President Nicolas Maduro remains in power following his contested reelection, with the US calling on the strongman not to arrest protest leaders.

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