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Asia-Pacific's Gulf links on course to expand despite Red Sea troubles

asia.nikkei.com Greg Guyett is chief executive of HSBC Global Banking and Markets. Trade links between the Persian Gulf and the Asia-Pacific region are ancient. Today, though, there is…

3 Luxury Stocks Poised to Benefit from China’s Economic Comeback

investorplace.com Luxury brand companies in the stock market specialize in selling high-end, quality products that command premium prices. Interestingly, the demand for these luxury items…

IPO Market Shows Recovery in Americas, EMEIA as Asia Falters

barrons.com The year started cautiously as the overall number of initial public offerings declined compared with the first-quarter of 2023, but proceeds expanded, according to EY's…

Countries must deliver on climate agreements they have signed: Johan Rockstrom

scmp.com “If we phase out fossil fuels by 2050 and stop destroying nature, it will still get worse before it gets better. Because we are already in the pipeline of global warming ……

Gap Isn’t an AI Stock, But It Has Years of Upside Surprises Ahead

investorplace.com Gap shares have been on an absolute tear since May 2023 Anyone else notice that Gap (NYSE: ) stock has been on an absolute tear since May 2023? Since May, GPS stock has made…

RBC’s head of Canadian research leaves for TD

theglobeandmail.com Andre-Philippe Hardy has returned to the bank where his career began. After nearly 17 years at Royal Bank of Canada , most recently as head of Canadian and Asia-Pacific…

Dutch leader is visiting Beijing for talks on Ukraine, Gaza and restrictions on high-tech exports

apnews.com Dutch Prime Minister Mark Rutte is meeting with Chinese leaders Wednesday for talks that are expected to include the wars in Ukraine and Gaza and Dutch restrictions on the…

Global Online Gambling Market Report 2024-2032 Featuring 888, Bet365, Betsson, Cherry Spelgladje, Flutter Entertainment, Galaxy Entertainment, GVC, Intralot,…

benzinga.com DUBLIN, March 25, 2024 /PRNewswire/ -- The "Online Gambling Market Report by Game Type (Sports Betting, Casino, and Others), Device (Desktop, Mobile, and Others), and Region…

United Arab Emirates Social Commerce Intelligence Report 2024-2029 Featuring Facebook, Instagram, The Luxury Closet, Zbooni, SellAnyCar.com, and Floranow

benzinga.com DUBLIN, March 25, 2024 /PRNewswire/ -- The "United Arab Emirates Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends…

Christie's to open new Hong Kong HQ, sees growing Asian Gen Z interest

aol.com Auction house Christie's hopes its new 50,000-sq-ft Asia headquarters that opens in Hong Kong in September will boost sales in 2024 amid increased interest across the region…

One Earth Summit: Hong Kong aims to rapidly align with global disclosure rules

scmp.com “To transform this vision into concrete action, we will launch a road map within this year to provide a transparent and well-defined pathway on sustainability reporting for…

Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year

cnbc.com An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. The total value of…

Gucci’s China shock reverberates across the luxury landscape

scmp.com A separate report showed Swiss watch exports to the country – a leading destination for high-end timepieces – tumbled last month. Analysts, meanwhile, are predicting China’s…

Crypto Gainers of the Week

coingape.com The past week was relatively quieter as several cryptocurrencies, including Bitcoin and Ethereum, experienced a drop in price for most of the time. During this time, a few…

Does a US$1.75 trillion bounce in Chinese stocks mean the market’s long march to recovery has begun?

scmp.com Strategists at Alpine Macro, a research firm based in Montreal, are convinced that the US$1.75 trillion rebound in Chinese equities listed in mainland China, Hong Kong and…

AIOZ Network Makes Strides in Asia, Partners With Alibaba

beincrypto.com AIOZ Network has joined forces with Alibaba Cloud, marking a pivotal moment for Web3 capabilities within the region. The partnership focuses on the Alibaba Cloud Singapore…

The changing face of Asian cities

businessinsider.com An artist's impression of Sunway City Iskandar Puteri, Malaysia Sunway Cities occupy a fraction of the Earth's surface but produce almost two-thirds of greenhouse gas…

Bitop Exchange: Officially Listed on CoinMarketCap! Initiating a New Era in Cryptocurrency Trading!

benzinga.com TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Today, is pleased to announce its official listing on the globally authoritative cryptocurrency market data provider,…

Asia-Pacific can lead way in sustainable development with cooperation

asia.nikkei.com Christoph Nedopil is director of the Griffith Asia Institute at Griffith University in Brisbane and founding director of the Green Finance & Development Center at Fudan…

Hermès lands in hot water over Birkin bag sales antitrust class action

euronews.com Hermès has been slammed for allegedly coercing clients to buy other products, to hopefully get a chance to buy the famed Birkin bag. French luxury brand Hermès has recently…

Dairy Alternatives Market size worth $ 62.03 Billion, Globally, by 2031 at 10.68% CAGR

benzinga.com Jersey City, New Jersey, March 21, 2024 (GLOBE NEWSWIRE) -- The Global is projected to grow at a CAGR of 10.68% from 2024 to 2031, according to a new report published by…

Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO

coindesk.com None Oliver Sleafer previously served as head of liquidity management in APAC for Stripe and Credit Suisse. • None Backpack was founded by two alums of Sam Bankman-Fried’s…

Malaysia Airlines parent makes first profit since restructure

asia.nikkei.com KUALA LUMPUR -- Malaysia Aviation Group made its first profit in 2023, helped by a rise in passenger traffic in the premium segment of its flagship carrier, Malaysia…

In a research paper, Google Research details how AI enabled the company to provide accurate flood forecasting in over 80 countries up to seven days in advance

blog.google People turn to Google for accurate and helpful information during crises to help them protect themselves and their families. Floods are the most common type of natural…

New Industry Report Asks Whether 2024 is Living Up to Expectations for Offshore Wind?

benzinga.com TGS, the leading global provider of energy data and intelligence, has released its latest Market Overview Report, powered by 4C Offshore market intelligence. This…

Stock market today: US futures slip ahead of Fed's rate decision, Gucci owner tanks on sales warning

finance.yahoo.com None US stock futures slid on Wednesday as Wall Street waited for the Fed's interest-rate decision. • None Investors are eager to see Fed officials' latest projections for…

Gucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall

aol.com The luxury boom of the pandemic era has turned into a bust, hurting some of the industry’s most prominent players. The latest victim is Gucci and Yves Saint Laurent’s French…

Gucci Warning Casts a Pall Over Luxury Stocks

barrons.com Luxury stocks were flying low after French luxury group, Kering SA, cautioned about a slump in demand for its Gucci brand. Kering’s Paris-listed shares fell 14% Wednesday…

Speech Analytics Market worth $7.3 billion by 2029, growing at a CAGR of 17.5%: Report by MarketsandMarkets™

benzinga.com Chicago, March 20, 2024 (GLOBE NEWSWIRE) -- The global is projected to grow from USD 3.3 billion in 2024 to USD 7.3 billion by 2029, at a compound annual growth rate (CAGR)…

Luxury stocks slump as Gucci sales slide

cnn.com Luxury stocks tumbled in Europe Wednesday after a profit warning from the owner of Gucci laid bare a sharp slowdown in demand for high-end goods, especially in China. Shares…

Luxury Meltdown: Kering's Gucci Warning Sends Shares Crashing Most Since 1992

zerohedge.com Luxury Meltdown: Kering's Gucci Warning Sends Shares Crashing Most Since 1992 Shares of French luxury group Kering tumbled as much as 15% on Wednesday—the largest drop in…

Kering’s Gucci Warning Wipes $7.6 Billion Off Market Value

finance.yahoo.com Kering SA shares plunged after the French luxury group warned that sales at Gucci, its biggest brand, have fallen about 20% in the first quarter. • None Trump Rules Out…

Gucci owner Kering issues profit warning after China sales slump

theguardian.com The French billionaire François-Henri Pinault’s luxury goods company, Kering, has issued a profit warning of falling revenues, as demand dries up for its leading brand Gucci…

Kering issues luxury profit warning, Gucci sales to plunge 20%

cnbc.com A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023. Shares of French luxury group Kering plunged 14%…

Gucci sales to fall by 20% due to Asia slowdown

bbc.co.uk Sales at Gucci are expected to fall by 20% in the first quarter due to a slowdown in Asia, according to its Paris-based owner Kering. The luxury market has grown in the past…

Trump's Reelection Threatens Australian Ambassador Kevin Rudd's Job Security

benzinga.com In a recent development, former U.S. President Donald Trump has hinted at the possibility of removing Kevin Rudd, the Australian ambassador to the U.S., from his position if…

How crypto exchange Backpack climbed its way to success after its major investor FTX died

techcrunch.com How crypto exchange Backpack climbed its way to success after its major investor FTX died Backpack hit $27.5 billion in total trading volume during its beta phase Backpack’s…

Greenhouse Gas Protocol: Asia-Pacific firms have work cut out on meeting climate-disclosure requirements, executive implementing standards says

scmp.com “The GHGP is the basis for all existing standards” for calculating greenhouse gas emissions, Bassen said in an interview. Companies in the Asia-Pacific region will need…

Asia’s office sector is thriving, so where are the investors?

scmp.com In fact, some office markets in Asia are performing exceptionally well. In India, leasing activity last year reached its second-highest level on record. Meanwhile, rents for…

Asian millennials and Gen Z, with their ‘hyper heightened’ focus on experiences, are changing the region’s travel market

aol.com Gen Z and millennial tourists will make up half of all travelers in the Asia-Pacific region, the fastest growing region for travel, by 2025, says Todd Handcock, the global…

Biden to inject Intel with CHIPS fab cash 'next week'

theregister.com The Biden administration may announce billions in government CHIPS subsidies to offset the cost of Intel's US fab expansion as early as next week. Citing sources familiar…

Asian millennials and Gen Z, with their 'hyper heightened' focus on experiences, are changing the region's travel market

fortune.com Gen Z and millennial tourists will make up half of all travelers in the Asia-Pacific region, the fastest growing region for travel, by 2025, says Todd Handcock, the global…

Sources: BeReal is weighing raising a Series C or being acquired, as what is left of its $90M in funding is set to run out this year and DAUs stagnate at 25M

businessinsider.com By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Access your favorite topics in a personalized feed while you're on…

The Morning Ledger: New Airbnb CFO Takes Helm at Inflection Point for Travel Industry

createsend.com Good morning, CFOs. Ellie Mertz, Airbnb’s new chief financial officer, knows about managing a crisis. When the pandemic gripped the world in early 2020, Mertz was part of…

McDonald’s eaters around the world thwarted from ordering after system outage that started in Asia spreads globally

fortune.com McDonald’s Corp. has been hit by a system outage that appears to have started in the Asia-Pacific region and spread to other markets globally, leaving customers unable to…

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