HONG KONG (Reuters) -Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a regulatory crackdown on the tech sector, said a person with direct knowledge of the matter.

Canada's Alberta province will intervene in competition tribunal proceedings of a proposed C$20 billion ($15.33 billion) merger between Rogers Communications Inc and Shaw Communications Inc because it will impact the provincial economy, Alberta's attorney general said in a notice on Tuesday.

Sequoia Capital China has raised a total of nearly $9 billion for four new funds amid investor hopes that the authorities are easing a regulatory crackdown on the tech sector, said a person with direct knowledge of the matter.

Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure.

OTTAWA (Reuters) -The Canadian province of Alberta plans to intervene in a competition review of Rogers Communications Inc's C$20 billion ($15.33 billion) purchase of Shaw Communications Inc, the provincial attorney general said on Tuesday.

BEIJING (Reuters) -China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.