By Reuters Published Jun 11, 2024 Premium sportswear brands are enjoying robust growth in China as they take to directly courting their main customers, posing yet another setback to megabrands …
By Reuters Translated by Roberta HERRERA Published Jun 10, 2024 The departure of Chanel’s creative director has profoundly shaken the luxury industry, underscoring its current predicament between exorbitant prices and …
BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimations, disclosed in an …
By Reuters Published Jun 8, 2024 The departure of Chanel’s top designer early Thursday sent ripples across the $1.62 trillion luxury goods industry at a time when all the major …
A multi-country central bank digital currency (CBDC) project involving mainland China, Hong Kong, Thailand and the United Arab Emirates has made a breakthrough by launching its minimum viable product (MVP) …
“Shippers could be facing months of very elevated rates and increased delays as higher demand combines with restricted capacity,” Judah Levine, head of research at Freightos, a global freight booking …
Asian investors were allocated 96 per cent of the bond, which was rated AA+ by S&P, while the rest went to European investors. They included banks, asset managers, private banks …
HSBC sees opportunities to lend against wealthy clients’ private assets, following its acquisition of the UK unit of Silicon Valley Bank (SVB), in a move that leverages its balance sheet …
HSBC aims to strengthen the ties between its Hong Kong and Singapore wealth management teams to enhance cross-selling and sharpen their focus on winning more high-net-worth clients and family offices, …
Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers and 3,000 attendees expected in Hong Kong this week for the Asian Investment …