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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…
Cathay Pacific Airways, the third most highly ranked airline globally last year, has announced its potential to realize a profit surge of up to 76% for the first half of this year. This surge, driven by robust passenger and cargo demand, is in comparison with…
Gold prices in Vietnam experienced a notable decline on Thursday, marking their lowest level since the 11th of June. The downturn continued from the morning into the afternoon session, reflecting a trending decrease in gold prices throughout the year. Trends…
Emirates SkyCargo, the air cargo carrier, has unveiled a strategic expansion plan for its freight services throughout East and Southeast Asia. The move is aimed at enhancing the cargo flight frequencies and destinations to meet the increasing demand.…
The Asia-Pacific region is becoming a major focus for Allianz Global Investors (Allianz GI) as global growth trends shift eastward. The firm’s CEO, Tobias C. Pross, asserts that Asia remains one of the few regions where structural growth opportunities are…
Gold prices in Vietnam continued on a downward trend on Wednesday morning, reaching the lowest point since October 5. The Saigon Jewelry Company reported that gold bars fell by 2.64%, now valued at VND140 million (US$5,318.74) per tael. In Vietnam, a tael is…
The Oversea-Chinese Banking Corporation (OCBC) in Singapore is broadening its precious metals sector by introducing physical gold trading and storage services for institutional investors and private banking clients. OCBC perceives an increasing demand for…
In Vietnam, the price of gold took a hit on Wednesday morning, coinciding with a global decrease in bullion rates. Saigon Jewelry Company, a prominent gold dealer, experienced a 0.32% drop in the price of their gold bars. This translated to a new rate of…
Yum China, the company responsible for managing KFC and Pizza Hut chains across the nation, is broadening its reach by doubling its KPRO stores. The KPRO stores, which specialize in low-calorie meals, are set to reach 600 by the end of this year, following a…
Xiaomi Corp., a leading Chinese tech firm known for smartphones and electric vehicles, announced a 43% decrease in net profit in the first quarter of 2022. A variety of factors such as increased memory and other component costs, domestic competition, and…
The Oversea-Chinese Banking Corporation (OCBC) has announced plans to bolster its wealth-management staff in Hong Kong by 30% this year. This move is a strategic reaction to an increasing demand from its clientele for investment and financing services.…
JD.com, a major player in the Chinese e-commerce sector, has surpassed first-quarter revenue and profit expectations, provoking interest among investors about the role of Beijing’s subsidy program in maintaining this positive trend amidst rising tariffs and…
Pop Mart, a Beijing-based producer of ‘blind box’ collectible toys, recently announced that their imminent profit margins are expected to be impacted by escalating production costs. The increase in production costs is the result of surging raw material…
The U.S. dollar started the week on a strong note, gaining against the Vietnamese dong as well as several other major global currencies. Vietcombank, one of Vietnam’s leading banks, experienced an increase in the value of the dollar, selling it at 26,373 VND,…
Cruise operators in Singapore are taking measures such as reducing sailing speeds, modifying routes, and discontinuing promotional offers in an effort to mitigate the effects of surging fuel prices triggered by the ongoing conflict in the Middle East.…
The price of gold in Vietnam continued to decline on Monday, with reductions seen throughout the day following an initial drop of nearly 1% earlier in the day. Saigon Jewelry Company, a prominent gold retailer, noted a further 0.42% decrease in its gold bar…
