June 16, 2026

Latest News

Drivers more geared towards luxury cars

Drivers more geared towards luxury cars

Sales of luxury cars in Vietnam surged in 2019 with the rich showing greater preference for premium vehicles in a fast-growing economy. Mercedes-Benz sold the highest number of luxury cars…
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UBS Wealth Management Starts Job Cull

UBS Wealth Management Starts Job Cull

A new organizational structure, intended to speed up decision making, is being introduced in Asia, with other regions to follow. UBS has begun cutting jobs at its wealth management unit…
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UBS’s Hong Kong IPO Sponsorship Ban Lifted

UBS’s Hong Kong IPO Sponsorship Ban Lifted

Hong Kong’s market regulator demonstrated leniency by lifting UBS’s IPO sponsorship ban two months early due to satisfaction with its enhanced governance processes. The Securities and Future Commission (SFC) cited…
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Tom n Toms Hong Kong closing all stores

Tom n Toms Hong Kong closing all stores

Tom n Toms Hong Kong has shuttered all five of its stores after the South Korean coffee chain’s local franchise went into liquidation. Following news of its Myanmar expansion plans,…
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Chinese fruit-vending machines driven by AI

Chinese fruit-vending machines driven by AI

AI-run fruit-vending machines are offering Chinese consumers a new way of buying fruit and vegetables. The machines, developed two years ago by Beijing Kuo’an Science and Technology, are providing an…
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