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Labubu Dolls Redefine Luxury Fashion Through High-End Collaborations

Labubu dolls, once seen as quirky collectibles,...

Retailers Slash Seasonal Hiring to Lowest Level Since 2009

Seasonal hiring in the retail sector is...

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Mainland and Hong Kong Firms Seek Nearly US$1.4 Billion Amid Capital Market Revival

Three firms from mainland China and Hong Kong have announced significant fundraising efforts in Hong Kong, taking advantage of the city’s revitalised capital markets....

Mainland Chinese Buyers Boost Hong Kong Luxury Property Market Amid Local Sell-Offs

Mainland Chinese homebuyers are continuing to play a pivotal role in sustaining demand within Hong Kong's luxury real estate sector, even as some local...

Alibaba Expands Access to Qwen3 AI Models Across Developer Platforms

Alibaba Group has expanded the accessibility of its Qwen3 family of artificial intelligence models by making them available on several popular developer platforms. The...

US Tariff Reduction Encourages Chinese Auto-Parts Exporters to Reconsider Local Expansion

The recent decision by the United States to temporarily reduce tariffs on Chinese imports has prompted auto-parts exporters from mainland China to reassess their...

Hang Seng Bank Cuts Jobs Amid HSBC Restructuring Strategy

Hang Seng Bank, a prominent retail lender in Hong Kong and majority-owned by HSBC Holdings with a 62.14% stake, has begun laying off staff...

U.S. Consumer Prices Show Moderate Rebound in April Despite Tariff Concerns

In April, U.S. consumer prices saw a modest rebound, increasing by 0.2% after a decline in March, marking the first dip since May 2020....

Telefonica Reports €1.3 Billion Loss in Q1 After Write-Downs on Latin American Sales

Telefonica, the Spanish telecom giant, reported a net loss of 1.3 billion euros ($1.45 billion) for the first quarter of the year, primarily due...

China and Colombia Sign Joint Cooperation Plan on Belt and Road Initiative

China and Colombia have officially signed a joint cooperation plan under the Belt and Road Initiative (BRI), strengthening their growing economic and strategic ties....

CATL to Price Shares at HK$263 in Hong Kong Listing, Raising $4 Billion

Chinese battery manufacturer CATL is preparing to price its shares at HK$263 ($33.70) each for its Hong Kong listing, according to sources familiar with...

Global EV Sales Rise 29% in April Despite Trade Tensions

In April, global sales of electric and plug-in hybrid vehicles rose by 29% year-on-year, reaching 1.5 million units. Despite trade tensions and economic uncertainties,...

Sony Forecasts Stable Profit Despite Trade War Impact and Gaming Decline

Sony has projected a slight increase in its operating profit for the financial year ending in March, with expectations of a 0.3% rise to...

NOYB Threatens Legal Action Against Meta Over AI Data Use

NOYB, an Austrian privacy advocacy group led by Max Schrems, has announced its intention to seek an injunction against Meta Platforms, potentially resulting in...

Asian Stocks Rise as U.S. Inflation Data Fuels Optimism for Rate Cuts

Stocks across Asia rose on Wednesday, while the U.S. dollar showed signs of weakness, as relatively tame U.S. inflation data bolstered hopes for interest...

Global Markets Watch for Trade Deals and Economic Data

Global equity markets have regained much of the losses from the past six weeks since U.S. President Donald Trump imposed tariffs, leaving investors anxiously...

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