Meituan, China’s foremost food delivery company, reported its third consecutive quarterly loss this Monday. However, it did manage to meet revenue growth projections. The company has been weathering a particularly tough year, characterized by fierce,…
The upcoming Hong Kong Gifts & Premium Fair and Home InStyle, set to take place later this month, are poised to once again underscore Hong Kong’s pivotal role in highlighting changing trends in Asia’s lifestyle and retail sourcing sectors. Program Overview…
DOJI, a renowned jewelry retail chain, recently joined the ranks of the nation’s silver bar distributors, making it the fourth such establishment in the country. The company initiated the sale of one- and five-tael silver bars in the cities of Hanoi and HCMC…
A silver fund run by UBS’s Chinese partner has drawn a wave of complaints from investors. The grievances have been sparked by a decision to change benchmarks, a move that has reportedly resulted in greater losses than investors had anticipated. Over 200,000…
Billionaire Chinese trader, Bian Ximing, formerly famous for leveraging the gold rally, has now focused his attention on the dramatic ascent of silver. He has placed a significant bet on a price plunge, an investment currently worth almost $300 million. A…
On Monday morning, silver prices in Vietnam hit an all-time high as global demand for safe-haven assets surged. The price of Phu Quy silver jumped 6% to VND4.24 million (US$162) per tael, equivalent to VND112.8 million per kilogram. Silver Prices Surge in…
Vietnam’s silver prices reached record heights on Monday morning. This surge was triggered by a worldwide increase in the value of the precious metal due to a supply shortage. The selling price at the jewelry chain Phu Quy increased by 6% from Sunday,…
Pandora has shifted to using recycled silver and gold for all of its jewelry, a move it said will avoid significant greenhouse gas emissions. The new strategy aims to reduce 58,000 tons of carbon dioxide every year. According to the company, the carbon…
Michael Kors is expanding its smartwatch offering with an improved version of Sofie, a wearable device that was launched two years ago. The new model, weirdly named Sofie Heart Rate, packs a few new features that the original model lacked, but keeps a similar…
Gold prices managed to trade above the psychological resistance of $1,100 per Oz on US day session Monday. Platinum for October delivery dropped Dollars (90.49 percent) to close at USD 995.00 per ounce. Spot prices earlier reached a three-week high of…