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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 Thursday, petrol prices in Vietnam saw a significant hike due to a surge in global fuel prices. The country’s most widely consumed fuel, E10 RON95, experienced a 4.28% price rise, bringing its cost to VND21,430 (US$0.81) per litre. There were similar…
In the first half of 2026, China’s durian imports saw a significant increase of 47% compared to the previous year. This was largely due to surplus stock from Southeast Asian exporters, such as Thailand and Malaysia, following a decrease in durian prices.…
Geopolitical uncertainties, economic recession concerns, and increasing skepticism around the supremacy of the U.S. dollar are leading to a shift in the investment strategies of affluent families globally. The new Global Family Office Report from UBS reveals…
On Wednesday, there was an uptick in Vietnam’s gold prices as global bullion rates experienced a slight decrease. The gold bar price from Saigon Jewelry Company witnessed an increase of 0.87%, reaching VND174.5 million (US$6,626.79) per tael. This valuation…
In the first quarter of 2026, Vietnam saw a nearly 8% increase in seafood exports, amounting to a substantial US$2.64 billion. A primary factor fueling this growth was robust demand from China. China’s Role in Vietnam’s Seafood Industry During this period,…
February saw a significant upswing in Hong Kong’s retail sales, with a 19.3 per cent surge compared to the same month in the previous year. This marks a full 10 months of consistent gains, demonstrating the robust health of the retail sector. Broad-Based…
The United States dollar achieved a rise against the Vietnamese dong on Thursday morning, while concurrently reaching peak levels this year against other major currencies. The Vietnamese bank, Vietcombank, increased the dollar’s rate by 0.01%, setting it at…
DFI Retail Group, a prominent pan-Asian retailer, has confirmed the efficacy of its ongoing strategic alterations, following a successful 2025 fiscal year. The group reported a substantial 35% increase in underlying profits to US$270 million, despite no…
DBS’ wealth management business achieved remarkable success in 2025, setting records in both assets under management and net new assets. Unprecedented Growth According to the bank’s Chief Financial Officer, assets under management soared by 19 percent,…
In December, retail sales in Hong Kong rose by 6.6% compared to the previous year, marking the eighth consecutive month of growth. This trend indicates a steady economic recovery in the region, according to recent government data. This increase amounted to 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…
Burberry, the iconic British luxury brand, surpassed its holiday season sales forecasts, with the most significant surge being noted in its Chinese market. 4th Quarter Financial Overview According to the latest fiscal report of the quarter ending December 27,…
Cattle farmers in New Zealand have been given a much-needed boost as the Global Dairy Trade (GDT) announced a rise in pricing in its most recent index. On the 6th of January, the GDT conducted its latest auction, which resulted in dairy prices experiencing a…
In the first eleven months of 2025, the total auto sales of leading automobile manufacturers reached 328,669 units, marking a 6.5% increase from the same period the previous year. Interestingly, despite a 3% drop in the sales of domestically assembled…
Amorepacific, a renowned South Korean health and beauty conglomerate, has reported robust results for the third quarter. The company attributes this success to the global expansion of its primary beauty brands. For the quarter that concluded in September, the…
