Alibaba's US Shares Drop as Weak Core Business Offsets Buyback
After the Chinese internet giant announced lower-than-expected sales, Alibaba Group Holding Ltd. shares dropped in US trading. Catherine Lim of Bloomberg Intelligence discusses her thoughts on the findings. She is a speaker on Bloomberg Television.
South Korea, which has the lowest fertility rate in the world, has launched high-speed train links to help improve the country's birth rate by reducing commuting times. Young people in South Korea have frequently cited long commutes and small, pricey housing in greater Seoul as the main deterrents to getting married and starting a family.
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