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In the wake of a record-breaking first half of the year, bulk homebuyers are anticipated to continue to be a significant influence in Hong Kong’s primary residential market throughout the second half of the year. The strong rental demand, particularly from…
On Monday, AliExpress, Alibaba’s subsidiary, was slapped with a record-breaking €550 million (US$629 million) fine by the European Union for its failure to address sales of illegal, dangerous and counterfeit items on its platform. This penalty is considered…
DBS Group, Singapore’s dominant bank, has reached a new milestone with its market value surpassing SGD200 billion (US$154.8 billion) as of Monday. This achievement marks a key moment for DBS, known for being the largest bank in Singapore in terms of asset…
In the latest trading session, Singapore’s three major banks, DBS, OCBC, and UOB, all witnessed record high closures. Spearheading gains on the Straits Times Index, OCBC saw a 3.3% rise, closing at S$26.34 (US$20.39). UOB climbed 2.9% to S$41.69, and DBS…
Southeast Asian superapp, Grab, has reported its strongest first quarter to date, with plans to expand beyond its home market for the first time. It plans to do so with an investment of $600 million. Grab’s CEO and co-founder, Anthony Tan, expressed his…
Singapore-based Grab Holdings kicked off the new financial year on a high note, reporting double-digit growth in its first-quarter revenue and earnings, reflecting the company’s robust resilience in the face of market fluctuations. Impressive First-Quarter…
Yum China, a leading retail company, has announced the launch of an ambitious expansion plan, following a highly successful first quarter for FY26. The company reported 636 net new store openings, setting a record-high figure. Impressive Financial Performance…
Fast Retailing, the Japanese company that owns global clothing brand Uniqlo, has revised its full-year forecast, indicating yet another year of record growth. This comes on the back of a stronger-than-expected surge in quarterly earnings, attributed to…
DPC Dash, the franchisee responsible for operating Domino’s outlets across China, has announced significant revenue growth and an ambitious store expansion campaign throughout the country in 2025. Impressive Revenue Growth DPC Dash declared a 24.8% rise in…
In Vietnam, the price of gold witnessed a decline on Friday morning, following the global trend where bullion rates are experiencing the steepest weekly fall in six years. The price of a gold bar from Saigon Jewelry Company fell by 0.34%, coming down to…
Grab Holdings, a Singapore-based technology firm specializing in transportation, food, and e-commerce solutions, has reported a prosperous full-year profit. This marks a significant recovery from the financial deficit experienced in the previous year. Strong…
The rate of retail sales growth in Singapore experienced a significant deceleration in December, following an impressive surge in November. As per the data provided by the Department of Statistics, retail sales, excluding motor vehicles, saw an increase of…
Gold prices in Vietnam experienced a significant boost on Monday as international bullion rates soared to a new record high of over US$5,000 per ounce. Saigon Jewelry Company’s gold bar price increased by 1.26% to VND176.5 million (US$6,735.35) per tael, a…
Vietnam’s seafood exports have consistently shown strong growth, and they are on track to reach an unprecedented high this year, despite certain obstacles. In the initial 11 months of 2025, the total revenue from seafood shipments was over US$10.5 billion,…
In November, Australian health and wellness firm OMG Group reported its highest sales ever, surpassing the previous monthly revenue record by 20% with $720,000 in sales. This figure represents a 40% increase in sales compared to the same period in the…
Changi Airport has continued to demonstrate its resilience and recovery from the pandemic-era downturn, with a recorded 5.8 million passengers in October. This figure represents an increase of 3.4% compared with the same period in the previous year and is one…
