Japan retail sales fell by 7.1 percent in October – the greatest single monthly fall in almost five years. The reason: the implementation of a sales-tax increase from 8 percent…
A new Starbucks China staff benefits program has been launched, with a range of support options for employees who have served two years. From January 1, qualifying partners (employees) will…
AirAsia has been asked to re-evaluate its safety briefing after an incident on a flight between Perth and Denpasar in October 2017. During the incident in which oxygen masks were…
Declining Mainland Chinese visitors to Hong Kong have put a dent in Dickson Concepts’ sales and profit in the first half of its fiscal year. Dickson Concepts, which owns the…
Hong Kong-listed jeweler Luk Fook sales slumped 19.8 percent in the September half as protests, the trade war, and the Renminbi’s value kept mainland tourists away, and the high gold…
AirAsia Group‘s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased. Revenue for the quarter ended 30 September was up 18% at…
China’s crackdown on cryptocurrencies has led at least five local exchanges to halt servicing of domestic users or their whole operations altogether. Last week, Chinese exchange operators Bitsoda and Akdex…
The bank has made two appointments that support its growth ambitions in Asia Pacific. HSBC Private Bank has appointed Jackie Mau as regional head of UHNW, Asia Pacific and Abdel Ben Tkhayet as head…
China CITI Bank International launches its robo-advisory offering in Hong Kong which was co-developed with fintech firm Quantifeed. The new goals-based advisory offering, «Robo 360» is a goal-based advisory service…
Thanks that lack measures to withstand cyberattacks risk up to 65 percent of their quarterly profits, according to a recent stress test study by the Monetary Authority of Singapore. Direct…
Swedish fashion brand Hennes & Mauritz (H&M) opened its first store in Da Nang and eighth in the country on Thursday. The 1,600 square meter outlet is located in the…
Axiata Group posted revenue of MYR 6.2 billion for the third quarter of 2019 (3Q19), which represents an increase of 3.5 percent year-on-year. EBITDA jumped 29 percent to MYR 2.8…
Generation Z is forecast to become the largest group of airline flyers globally within the next decade, with 1.2 billion flying each year by 2028. More than a third (37%)…
“In response to the Singapore government’s call for industry transformation, Huawei is extending its 5G, Cloud and AI capabilities to local government agencies, SMEs, and Institutes of Higher Learning, to…
Collins Foods’ underlying half-year profit has risen 9.1 percent to $23.9 million, boosted by a 4.9 percent rise in same-store sales at its KFC Australia franchises. The fast-food franchisor says…
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