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Alibaba sexual harassment investigation: ‘no evidence to prove rape’

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Police have found no evidence that an Alibaba employee was raped by her boss and a client on a business trip

Chinese police say there is not enough evidence to prove that a manager and client raped an Alibaba employee at a business trip.

In their initial findings police say the former manager was suspected of committing “forcible indecency” against the woman.

Two senior executives at the e-commerce giant have resigned and Chief Executive Daniel Zhang says the company’s handling of the incident is a “humiliation”.

Alibaba launches investigation

Alibaba launched an investigation after an anonymous employee published an 11-page document detailing how her boss and a client assaulted her on a business trip.

The document has circulated widely online, prompting a social media storm. The story was one of the top trending items on Weibo over the weekend of publication.

The woman says her boss coerced her into going on a business trip with him to meet one of her team’s clients in the city of Jinan.

The woman recounts that she woke with no clothing or memory of what happened

After drinking with the client one evening, she says she woke up in a hotel room the following day with no clothing or recollection of what happened.

CCTV footage from the hotel showed that her boss visited the room four times during the evening.

The woman reported the incident to human resources and management. However, no further action was taken against her boss.

Police in China’s city of Jinan said they were investigating the incident while Alibaba launches an investigation

“Alibaba Group has a zero-tolerance policy against sexual misconduct,” a spokesperson said. “We have suspended relevant parties suspected of violating our policies and values.”

The spokesperson also said Alibaba has created an “internal task force” to investigate the incident and support the police investigation.

Alibaba CEO Daniel Zhang addressed the incident in a post to the company’s internal message board

“It is not just Human Resources who should apologize. The related business department managers also hold responsibility and should apologize for their silence,” Zhang wrote.

“Starting from me, starting from management, starting from human resources, everyone at Alibaba must empathize, reflect, and take action.”

Alibaba has responded by suspending the woman’s supervisor. It has also suspended the human resource worker who failed to take action against the alleged perpetrator.

Read more here

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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U.S. investors flee stock market for global opportunities

U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

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U.S. investors withdrew $75 billion from stocks in six months, fastest in 16 years, with $52 billion in 2026 alone.

U.S. investors are withdrawing money from domestic stocks at the fastest rate in 16 years, with $75 billion leaving equity products over the past six months. The trend accelerated in 2026, with $52 billion pulled from Wall Street so far.

Concerns over AI risks and weaker performance at home are prompting investors to look abroad, even though a softer dollar makes foreign investments more expensive. Emerging markets are seeing inflows at the fastest pace in five years, according to Bank of America.

As global opportunities become more attractive, many U.S. investors are now evaluating overseas markets for growth potential.

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US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

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US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

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Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.

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Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.


Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.

Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.

Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.

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