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Despite steep rent discounts offered by landlords, numerous stores in prime retail locations in Hanoi are shutting down, unable to withstand the pressure from the burgeoning e-commerce industry. Last month, Thai Hoang, a 39-year-old retailer, abandoned his…
US-based fashion behemoth, Guess, has announced plans to shutter all its outlets in Mainland China by the end of this month. This move is seen as a continuation of the trend witnessed in recent years where multiple foreign labels have ceased operations in the…
Between 2013 and 2016, Venezuela sent 113 metric tons of gold to Switzerland, as per data from customs authorities. This gold, valued at approximately 4.14 billion Swiss francs, or US$5.20 billion, reportedly originated from Venezuela’s central bank. This…
The latest Henley Private Wealth Migration Report for 2024 paints a revealing picture of high-net-worth migration trends, highlighting Singapore’s enduring allure despite a slight decline in millionaire inflow. The city-state is projected to welcome a fresh…
HTC has just announced it has partnered with Bitcoin to offer Exodus owners native support for Bitcoin Cash. HTC’s blockchain smartphone is the first phone to provide Bitcoin Cash support without having to download a wallet from an app store. Those who…
If you don’t remember the HTC Exodus 1 don’t worry, you’re probably not alone. The $699 flagship-level device was announced last October and represents HTC’s first attempt at a so-called blockchain-powered smartphone. This unique focus undoubtedly limits the…
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