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Vietnam’s gold market saw a modest rise in prices on Saturday, ending the week on a slightly high note. The day observed a 0.34% increase in the prices of gold bars from Saigon Jewelry Company, which closed at VND147.2 million (US$5,594.85) per tael. This…
Viva Energy’s Convenience and Mobility (C&M) division has experienced a decrease in both convenience sales and fuel volumes in the third quarter. This shrinkage is attributed to the ongoing challenges within the retail fuel industry, as well as a reduction in…
After a three-week decline, Vietnam’s petrol prices began to rebound on Thursday afternoon. The nation’s widely used fuel, RON95, experienced a 0.91% increase, bringing it to VND19,900 (US$0.76) per litre. Shifts in Fuel Prices Alongside the price increase of…
Starbucks has recently disclosed a drop in its global comparable store sales for its fiscal third quarter, which underscores the persisting challenges in its primary US market. This comes even as its China operations begin to show some promising signs of…
Kering, the renowned French luxury merchandise corporation, has disclosed a significant sales drop for the initial half of the year. The company’s performance continues to be impacted negatively owing to a consistent decline in sales from Gucci. Semi-Annual…
Retail activity in Taiwan took a hit in June, as sales dropped by 2.9% to approximately NT$390 billion or US$13.3 billion, marking the third consecutive month of decline. Industry Specific Declines The slump was consistent with the projected range of a 0.4%…
After six consecutive quarters of growth, China’s smartphone market showed signs of contraction during the second quarter of this year. The International Data Corporation (IDC) reported a decrease in shipments from the top four out of five brands, attributing…
The latest findings from Savills, based on a semi-annual survey by the Japan Real Estate Institute (JREI) and BAC Urban Projects, paint a promising picture for retail in Tokyo. Average asking rents for first-floor (1F) units have increased by 3.0%…
As the office market in Kowloon grapples with a substantial oversupply, the atmosphere has become increasingly cautious among tenants. Steve Ng, Executive Director and Head of Kowloon Office Strategy & Solutions at Knight Frank, pointed out that the first…
Thailand’s banking sector is bracing for a challenging second quarter in 2025, with expectations of a 9% year-on-year drop in earnings driven by rising credit costs and diminished pre-provisioning operating profits. According to UOB Kay Hian (UOBKH), the…
Billionaire Elon Musk experienced a staggering loss of $33.9 billion in net worth on Thursday, making headlines as one of his most significant one-day drops. This sharp decline comes amidst a very public spat with U.S. President Donald Trump, underscoring the…
Thailand has recently reported 65,880 Covid-19 cases and three fatalities within a seven-day period, according to an announcement by Thai Public Health Minister Somsak Thepsuthin. This figure signifies a marked reduction from the country’s annual peak. The…
Overall shipments of fruits and nuts have taken a significant hit, plummeting by 23% to a staggering US$1 billion, as exports of six out of the eight leading fruits face stark declines. Among the most affected is the beloved durian, which, following a surge…
The losing streak has hit four sessions now for the South Korea stock market, which has surrendered more than 55 points or 2.9 percent along the way. The KOSPI now rests just above the 1,970-point plateau, and the market is looking at continued weakness again…
Retail gross sales at South Korea’s division and low cost shops fell once more in March – nevertheless it wasn’t all dangerous information. Regardless of a wholesome improve in luxurious spending, as reported final month, and thesurprise revelation that…
