11 stories in this topic
Vontobel, a Zurich-based investment manager, has reported a record profit of CHF 216 million for the first six months of 2026. This is an impressive 87 percent increase compared to the same period the previous year. Vontobel’s Financial Performance The…
Costco, the multinational warehouse retailer, has embarked on an exciting new chapter in its expansion efforts within China. The company recently inaugurated an online flagship store on JD, China’s leading e-commerce platform. This online presence is set to…
In significant financial news, payment giant PayPal Holdings Inc has reportedly received a joint acquisition bid from payments provider Stripe and private equity powerhouse Advent International. The offer, which values PayPal at a staggering $53 billion USD,…
Apple’s transition to Intel chips, as reported last week, displays a strategic move driven by necessity and ambition. However, industry experts suggest this is not a straightforward transition, as advanced Intel chips typically require two to three years to…
L’Oréal, the French cosmetics powerhouse, announced on Wednesday plans to establish a beauty technology hub in Hyderabad, a major city in southern India, supported by an initial investment surpassing 35 billion rupees (approximately US$383.4 million). The…
Space42 and PT Telkom Satelit Indonesia (Telkomsat) have agreed upon a memorandum of understanding (MoU) that intends to investigate the potential of direct-to-device (D2D) connectivity collaboration. The partnership will utilize Equatys, a joint initiative…
Yum China, operating KFC and Pizza Hut in China, is strategically planning to double its store count within the next six years. This ambitious plan is built on the company’s consistent growth record and the vast untapped potential of the Chinese consumer…
Standard Chartered recently revealed that it has chosen a new leader for its securities division in mainland China. Appointment of New CEO for Standard Chartered Securities (China) Limited Standard Chartered Securities (China) Limited (SCSCL), the Chinese…
Singapore has made a bold move towards mainstream digital finance through the launch of its first tokenized retail fund. The innovative initiative, the result of a collaboration between Franklin Templeton and DBS Bank, offers a US dollar short-term money…
DHL Express has confidently set its sights on growth amidst a rapidly changing global trade environment. The company is guided by its recently launched Strategy 2030, marking a full year of an ambitious plan. CEO for Asia Pacific, Ken Lee, explains that the…
Urban Revivo, a leading fashion brand from Asia often dubbed as “the Zara of Asia,” has recently launched its flagship store in the UK, on Neal Street in Covent Garden. The 515 square meter store is nestled among unique boutique stores and established…