Author: Retail Asia

Retail Asia17/12/2021
1616146278918-1280x747.jpeg
1min0
The Swiss insurer is buying an Estonian start-up for conversational artificial intelligence. The move is a bid to improve the digital capabilities of its customer services. The Zurich-based insurer it is buying Alphachat, a four-year-old Tallinn-based company with a messaging automation product that understands natural language, authenticates users, and provides personalized responses, it said in a statement on Thursday. […]

Retail Asia17/12/2021
UBS-Bank-1280x898.jpg
2min0
UBS is reportedly in talks with insurance giant China Life to form an asset management joint venture. UBS is in discussions with China Life to form an asset management joint venture in the mainland, according to a report citing unnamed sources. The two have signed a memorandum of understanding and a formal launch will be […]

Retail Asia17/12/2021
vietnam-airlines-2-1280x870.jpg
1min0
Vietnam Airlines and Air Lease Corporation have agreed on a leasing discount exceeding $1 billion for 18 aircraft while the former face financial challenges amid the pandemic. U.S.-based ALC, one of the biggest aircraft leasers in the world with 450 jets, will reduce leasing charges by $420 million for the rest of the contract duration […]

Retail Asia16/12/2021
Vontobel-1280x854.jpeg
2min0
Bank Vontobel will open an office in Miami in coming months, in an expansion of its U.S. onshore presence. Zurich-based Vontobel will launch a wealth management office in Miami, its second in the U.S., CEO Zeno Staub said on Tuesday. The Swiss bank is the latest in a host of wealth managers to head for the […]

Retail Asia15/12/2021
UBS-Bank-1280x853.jpeg
4min0
A French court’s ruling over money laundering in France puts UBS in front of a fundamental decision. Sometimes it pays to argue. A ruling after the first hearing over the solicitation of wealthy French clients in February 2019, threatened the bank with a record fine of 4.5 billion euros ($5.1 billion) including damages. Yesterday (Monday) […]

Retail Asia15/12/2021
LOREAL-CHINA-FBB5-1024x665.jpg
2min0
L’Oreal has added American vegan skincare brand, Youth to the People, to its portfolio of skincare brands. Founded in 2015 by two cousins, Greg Gonzalez and Joe Cloyes, the brand is known for formulas that combine premium vegan blends of superfood extracts with science. “Its skincare expertise based on healthy, vegan, high-efficacy formulas make it […]

Retail Asia15/12/2021
china-stock.jpg
2min0
Vietnam’s benchmark VN-Index fell 0.01 percent to 1,476.02 points Tuesday with trading value the highest in six sessions. The index closed 0.19 points lower after gaining nearly 13 points Tuesday. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, rose 6.75 percent to VND27.65 trillion ($1.2 billion). The […]

Retail Asia15/12/2021
vietnam-airlines.png
2min0
Vietnam Airlines plans to sell 15 planes this month and 12 others in the next two years, its CEO said. “Vietnam Airlines plans to sell nine A321s and six ATR-72s in December. From 2022 to late 2023, an additional 12 A321s will be sold,” CEO Le Hong Ha told the extraordinary general meeting of shareholders […]

Retail Asia15/12/2021
WhatsApp.jpeg
3min0
Several tweets on Twitter today were about issues that some iPhone users were having with the WhatsApp app. Those suffering from this bug just could not open the messaging app on their iOS-powered handset as it would crash immediately after the icon was tapped on their iPhone home screen. With no recent WhatsApp updates to […]

Retail Asia15/12/2021
jayagrocer-1-1024x662.jpg
2min0
Southeast Asian ride-hailing and food-delivery giant Grab is to acquire Malaysian grocery chain Jaya Grocer, according to a filing with the US Securities and Exchange Commission. Under the agreement, Grab will acquire Jaya Grocer’s ordinary shares and 75 per cent of preference shares. The company also has the option to buy the remaining 25 per […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X