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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia22/04/2022

Switzerland’s two major banks are usually cautious about rating each other’s shares. But right now, UBS sees little potential in its rival. Credit Suisse’s share continued to lose value and they are now trading just above 7 Swiss francs ($7.3) after it made a warning earlier this week that it would report a first-quarter loss. There […]

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Retail Asia21/04/2022

Apple Pay is the company’s mobile payment platform. It’s a brilliant money-making scheme because Apple receives a cut of .15% of the value of each transaction that uses the feature (15 cents for each $100 purchase). With more than a million retail stores, gas stations, supermarkets, and restaurants accepting Apple Pay in the U.S. alone […]

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Retail Asia21/04/2022

It seems rather paradoxical that Switzerland is both a hub for sustainability and an energy-gobbling blockchain hub. The latest data from Switzerland’s Department of Finance underscores the growing importance of blockchain and fintech for the country’s financial sector. At the same time, sustainable investments are high on the agenda in Switzerland, the two seemingly at […]

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Retail Asia21/04/2022

A lengthy legal battle waged ends in defeat for the Swiss bank and a multi-million dollar wire transfer to a former compliance officer in Chicago. Having exhausted multiple appeals in a defamation suit in the United States, and with no option left other than the Supreme Court, UBS’s business in the U.S. agreed to pay […]

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Retail Asia19/04/2022

Google Wallet could be making a comeback, but it won’t be the way we think On Twitter, Esper’s Senior Technical Editor, Mishaal Rahman, posted that Google Wallet is coming back from the dead, not as a standalone app, but as a “Wallet” interface within Google Play Services. The goal of the change is to provide a […]

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Retail Asia19/04/2022

Private lender TPBank expects its pre-tax profits to top VND8.2 trillion ($358 million) this year, up 36 percent from 2021. It also targets a 20 percent increase in assets to VND350 trillion. The bank plans a rights issue of 527 million shares this year to raise VND5.3 trillion and increase its charter capital to VND21 […]

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Retail Asia18/04/2022

Vietnam’s benchmark VN-Index started off the week in the red with a 1.25 percent drop to 1,440.23 points Monday morning, the lowest in 11 weeks. The index fell by 17 points as of 11:06 a.m. after ending in the red in four out of the last six sessions. The main bourse Ho Chi Minh Stock […]

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Retail Asia14/04/2022

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Standard Chartered Bank expects inflation of 4.2 percent this year, slightly higher than the central bank forecast, driven by the geopolitical situation and higher commodity prices. “Over the medium term, demand-push inflationary factors are likely to kick in as the economy recovers,” the lender said in a note, adding that supply-side factors pose upside risks […]

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Retail Asia12/04/2022

Russian-born Vitalik Buterin has quietly transferred Ethereum donations of around $5 million to the benefit of Ukraine. Ukraine has been receiving a lot of support from the crypto world since the Russian invasion, including Vitalik Buterin, co-founder of the Zug-based Ethereum (ETH). The software pioneer transferred ETH donations worth some $5 million to Ukraine in early […]

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Retail Asia12/04/2022

The Swiss bank is launching its own video game to attract future tech talent. In an effort to attract future tech talent, Swiss bank Julius Baer is offering its own game on the video game platform Roblox where candidates can take the Be Baer Challenge in the metaverse, the bank announced Monday. How many times must […]

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Retail Asia11/04/2022

UBS has created a new unit dedicated to diversity and inclusion. Switzerland’s largest bank has created a new wealth management unit aimed at mobilizing client funds to offer investments that promote equality and expand outcomes for underrepresented or marginalized groups, according to a report. Karen Sunderam will lead the group from New York. According to her LinkedIn […]

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Retail Asia07/04/2022

Shareholders of UBS voted incoming chairman Colm Kelleher into office with overwhelming support. Now he must meet their expectations. With UBS’s record results last year it is no surprise there was no shareholder rebellion at today’s annual general meeting and that shareholders voted overwhelmingly in support of new and existing board members. Incoming chairman Irishman Colm […]

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Retail Asia06/04/2022

Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that Nigeria’s eNaira scores high in retail models, with Thailand the frontrunner among wholesale […]

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Retail Asia06/04/2022

The World Bank has cut its growth forecast for Vietnam this year to 5.3 percent, due to surging Covid-19 infection in Q1 and economic slowdown in its major export markets. This has been the second time the bank lowers its 2022 projection for the country. Last October it had expected a growth rate of 6.5 […]

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Retail Asia04/04/2022

The man who kept the heart of the core banking system at UBS beating is moving to a Big Four consulting firm. Prafull Sharma, who joined UBS in 2019 and served as managing director and head of core banking systems, is moving on to PricewaterhouseCoopers (PwC), the consulting and auditing firm announced Friday. Sharma has […]

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Retail Asia04/04/2022

HSBC has lowered its GDP growth forecast for Vietnam from 6.5 percent to 6.2 percent due to inflationary pressures amid rising global energy prices. “Vietnam is facing multiple challenges given elevated global energy prices. It will increase its energy bills, deteriorating its terms of trade position,” the bank said. The country’s imports of crude oil […]

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Retail Asia01/04/2022

An era is coming to an end with UBS chairman Axel Weber’s departure. Switzerland’s largest bank looks set to have three strong leaders at the top. Can anyone remember that Tarantino moment with Sergio Ermotti and Axel Weber? When they were striding through the hallways of UBS for the 2016 image campaign We Are UBS? Shoulder to shoulder […]

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Retail Asia31/03/2022

Switzerland’s largest bank announced it will commence a new share buyback program starting March 31. UBS announced it is moving ahead with plans to purchase up to $6 billion of its shares over the next two years starting tomorrow, the bank said in a statement released today. In conjunction with a share buyback program launched in […]

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Retail Asia28/03/2022

The Swiss cooperative bank plans to spend a significant portion of its 500 million Swiss franc strategy budget on digitization by 2025. Over the past several years, Raiffeisen Switzerland was replacing outdated banking systems which had taken up numerous resources. With that project now completed, the bank can proceed with its digitalization plans. Raiffeisen has […]

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Retail Asia24/03/2022

FIFA announces the world’s fastest-growing cryptocurrency platform as a sponsorship partner of this year’s World Cup soccer tournament held in Qatar. Crypto.com will be the exclusive cryptocurrency trading platform sponsor of World Cup Qatar 2022, the Federation Internationale de Football Association (FIFA) announced Tuesday in Zurich, expanding its reach in global sports. The sponsorship includes opportunities for […]

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