BEIJING (AP) — China’s best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments service Alipay launched five years later, before regulators...

The dollar was set to end 2020 around 2-1/2 year lows on Thursday, allowing currencies from the euro to Chinese yuan to strengthen, while holiday-thinned euro zone bond yields were mostly steady after dropping 30-100 basis points over the year. The prospect of a brighter 2021 has lessened...

The Russian subsidiary of Japan’s Honda Motor Co said on Wednesday it would stop supplying new cars to official dealers in Russia in 2022. It said the move was linked to Honda’s efforts to restructure its operations.

Global shares rose for the fourth straight day on Tuesday and oil followed suit as hopes of fresh U.S. stimulus teed up a strong end to the year for riskier assets. The MSCI World Index was up 0.3% at 0751 GMT, extending recent gains after gains in Asia, where Japanese stocks hit a 30-year...