June 19, 2026

Latest News

Hong Kong’s Second Digital Bank Enters the Market

Mei Ling Tan June 15, 2020

The Xiaomi-AMTD joint venture has launched Airstar Bank, becoming the second digital lender to enter the Hong Kong market. Airstar Bank will offer savings accounts, time deposits and personal loan…

McDonald’s sales rise in South Korea

Mei Ling Tan June 15, 2020

Fast-food chain McDonald’s sales grew 9 percent in South Korea during the first four months of this year, in spite of the impact of the coronavirus pandemic. The firm’s MD…

Chow Tai Fook posts strong profit despite retail turmoil

Mei Ling Tan June 15, 2020

Hong Kong-headquartered jeweler Chow Tai Fook has ended the financial year with a US$374 million profit attributable to shareholders. While that is down 36.6 percent on last year, and its…

Smart clothing set to become a US$11bn market

Mei Ling Tan June 15, 2020

Annual sales of integrated fitness apparel – smart clothing – is set to multiply from around US$1 billion this year to $11 billion in 2025. Analysis by Juniper Research revealed…

Fiat Chrysler Plans To Resume Panda Production On June 16

Mei Ling Tan June 12, 2020

Fiat Chrysler (FCA) plans to resume production of its Panda small car at its plant in Pomigliano, near Naples in southern Italy, on June 16, a union representative said on…

Ecoalf opens first Japanese flagship

Mei Ling Tan June 12, 2020

Spanish fashion brand Ecoalf has opened its first Japanese flagship store, in Tokyo. Located in Shibuya district, the Ecoalf store spans two floors and offers a wide selection of products…

EU wants to have Google, Facebook and Twitter report monthly on their actions against fake news

Mei Ling Tan June 12, 2020

As the fight with the coronavirus pandemic continues, so does the fight against misinformation on social media. The European Union wants to now have tech giants like Facebook, Twitter, and…

Simon pulls out of merger deal with Taubman

Mei Ling Tan June 12, 2020

US mall operators Simon Property Group and Taubman Centers have called off their planned merger, citing the impact of Covid-19 on the retail industry. Simon was to buy an 80-per-cent interest…

UBS Adds 300 Jobs in Singapore

Mei Ling Tan June 12, 2020

UBS continues to accelerate growth in Asia, despite an economically troubling coronavirus pandemic, with plans to add 300 new jobs in Singapore. Asia’s largest wealth manager will boost its existing…

Ikea opens first compact store in Tokyo, Japan

Mei Ling Tan June 12, 2020

Ikea Japan has opened its first concept downtown store in Tokyo. Ikea Harajuku, modeled on smaller compact inner-city Ikea stores popping up in Paris and New York, targets urban apartment…

Some of Apple’s staff is returning to work at its offices

Mei Ling Tan June 12, 2020

With the beginning of next week, June 15, Apple will have some of its employees return to work at its headquarters in Cupertino. According to sources, the company has informed its staff…

Malaysian bookstore MPH shifting focus to online

Mei Ling Tan June 12, 2020

Malaysian bookstore chain MPH is closing multiple stores as it moves to a digitally-driven omnichannel business model. The company is not closing down, despite much speculation on social media concerning…

Harvey Norman Asia sales suffer during Corona outbreak

Mei Ling Tan June 12, 2020

Australian electronics and furniture retailer Harvey Norman suffered an 18-per-cent decline in sales in its Singapore store network last year. While sales dropped 26.1 percent in local currency during the…

Inditex eyes online presense and about to close 1200 smaller stores

Mei Ling Tan June 12, 2020

Inditex plans to close up to 1200 smaller stores globally as it invests more than €2.7 billion in expanding its online capacity and focusing on an integrated network of large-format…

Developing Asia economies to face the threat of recession amid the global pandemic

Mei Ling Tan June 11, 2020

The COVID-19 pandemic would have a major effect on developing economies in Asia and may even drive several countries into recession, according to the World Bank. The novel coronavirus presents…

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Latest News

Hong Kong’s Second Digital Bank Enters the Market

McDonald’s sales rise in South Korea

Chow Tai Fook posts strong profit despite retail turmoil

Smart clothing set to become a US$11bn market

Fiat Chrysler Plans To Resume Panda Production On June 16

Ecoalf opens first Japanese flagship

EU wants to have Google, Facebook and Twitter report monthly on their actions against fake news

Simon pulls out of merger deal with Taubman

UBS Adds 300 Jobs in Singapore

Ikea opens first compact store in Tokyo, Japan

Some of Apple’s staff is returning to work at its offices

Malaysian bookstore MPH shifting focus to online

Harvey Norman Asia sales suffer during Corona outbreak

Inditex eyes online presense and about to close 1200 smaller stores

Developing Asia economies to face the threat of recession amid the global pandemic

Heinz and Heineken Unveil Limited-Edition Combo: Beer Meets Ketchup in Epic 150-Year Brand Collaboration

Allianz GI Sets Eyes on Asias Potential: The Future of Asset Management in Rising Eastern Economies

UOB Private Bank Taps Dennis Hong to Fuel North Asias Wealth Management Expansion

Chinese Beauty Brand Judydoll Conquers Europe via Joybuy E-commerce Platform

Lululemon Issues Apology in China for Cultural Misstep at Great Wall Event

Buccellati Unveils Palatial Asia-Pacific Flagship Store in Bangkok, Boosting Presence in Southeast Asia

Asia’s High-Net-Worth Travellers Now Have a World-First Option: A Private Sailing Membership That Moves With Them

Domestic Demand Dwindles in China Despite Soaring Industrial Output

Shein and BHV Call it Quits: End of Controversial Fashion Partnership in Paris

Billion-Dollar Bite: Yum China Gobbles up Pizza Hut in Transformative $1.2B Deal

Starbucks Korea Closes for Sensitivity Training Following Historic Campaign Controversy

Chow Tai Fook Unveils Chic Redesigned Boutique in Vancouvers Luxury Retail Hub, Oakridge Park

China Cracks Down on Walmart’s Sams Club Over Food Safety Concerns

Thriving Puppy Preschools: Chinas New Trend in Pet Pampering

Nike Unleashes Football Universe in Hong Kong Stores to Ignite World Cup Fever