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Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused weak consumer spending and a crackdown by authorities.

Rather than celebrating finishing university, this summer Chinese graduates shared photos of themselves theatrically throwing their degrees into bins, underscoring the bleak outlook as youth unemployment sits at a record high.

Stocks in Hong Kong and Shanghai led losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart the country's lumbering economic recovery.

The EU will on Tuesday detail the economic security risks facing the bloc and new tools Brussels can use as it seeks to muscle up against rivals Russia and China. The EU this year agreed to establish a trade tool that would go after countries that seek to put pressure on one of its members after China targeted Lithuania in a spat over Taiwan.

China's central bank on Tuesday cut two benchmark interest rates, following several similar measures last week in a bid to counter the post-Covid growth slowdown in the world's second-largest economy. China's six largest state-owned commercial banks cut interest rates for savers earlier this month to boost spending, according to announcements on their websites, after a request by the central bank.

Jo Wilder is best known for her acting prowess in the 50s and 60s. Her marriage to Joel Grey propelled her fame. What happened to her after Joel Grey came out?

Brenda Harvey-Richie is the first wife of singer and songwriter Lionel Richie. After 18 years of marriage, the pair divorced due to Lionel's extramarital affair

Jack Oscar Statham is known for being Jason Statham and former Victoria's Secret "Angel" Rosie Huntington-Whiteley's first child. What is known about the boy?

Music executive Nota Baloyi flaunted the new woman he has been spending time with on his social media pages and raved about being financially independent.
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