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In the first half of 2026, Ho Chi Minh City (HCMC) received over $4 billion in remittances, marking a considerable decrease of almost 23% compared to the same period in the previous year. Factors contributing to this downward trend include a sluggish global…
In the first half of 2026, Vietnam’s coffee exports amounted to US$4.78 billion, marking a decrease of 14.4% compared to the same period in the previous year. This decline in value comes despite a 9.7% year-on-year increase in exported volume, reaching 1.1…
Nestlé, the multinational FMCG powerhouse, began the year with consistent growth. It did so despite a decline in sales attributed to currency fluctuations and the residual effects of a product recall involving infant formula. First Quarter Performance During…
Alibaba, China’s largest e-commerce firm, reported a modest 1.7% increase in third-quarter revenue, significantly below expectations. However, more concerning was the staggering 66.3% drop in net income, largely due to heavy spending on one-hour delivery and…
Hugo Boss, a renowned German fashion company, recently disclosed a slight increase in sales for the preceding fiscal year, which concluded with a robust last quarter. The company’s sales for the fiscal year 2025 demonstrated a 1% drop, reaching EUR 4.27…
Starbucks, the renowned coffee chain, is fast-tracking global expansion plans that extend beyond fiscal year 2028. The company considers China as the bedrock of its long-term development strategy, notwithstanding the increasingly competitive landscape and…
Malaysia is taking proactive measures to reclaim its portion of China’s palm oil market, following a precipitous drop of almost 39% in export volumes year-on-year in the first ten months of 2025. Factors Influencing the Decline According to Malaysia’s…
Terra Tokyo Italian, a unique fusion of Japanese and Italian dining in Singapore, has announced it will be saying farewell this coming December. The Michelin-star restaurant broadcasted the disheartening news in an Instagram post earlier this week, stating…
The Swiss Federal Administrative Court issued a partial ruling on October 13, 2025, which put up for debate the legality associated with deeming Credit Suisse’s Additional Tier 1 (AT1) bonds as worthless. The ruling came in response to an appeal lodged by…
Over the past few years, the retail industry has endured a whirlwind of transformation, especially in Asia, where adaptation and resilience have been put to the test. Amid the ongoing evolution shaped by technological advancements and shifting consumer…
According to Fitch Ratings, India’s banking sector is on a promising trajectory, poised for growth bolstered by enhanced asset quality, robust capital reserves, and a stable profitability outlook. As banks maneuver through the financial landscape, analysts…
China’s banking landscape is currently holding up under the strain of tariff-related challenges, but not all financial institutions are created equal. According to S&P Global Ratings, while the larger megabanks are expected to bolster their financial defenses…
Today marks a pivotal moment for UBS as the Swiss Federal Council is set to unveil its stance on capital requirements for systemically important banks. For UBS, the outlook is likely grim, but this narrative is far from over. Capital Requirements: A…
The global marketplace is undergoing a seismic shift as companies rapidly embrace artificial intelligence. A recent McKinsey report reveals that 78% of organizations are already utilizing AI, and a staggering 92% plan to ramp up their investments in this…
Southeast Asia’s retail scene in 2025 is a booming hub of growth and potential, fueled by a young, tech-savvy population of over 600 million consumers. The region’s retail market has evolved into a vi…
Net revenues for Starbucks China and Asia-Pacific region soared 45 per cent in the first quarter to US$1.2 billion. While a change of ownership in the East China business at the end of the first quarter of the previous year boosted the figure, the company…
