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CHINESE CONSUMER DEMAND
LVMH's weak China sales raise fresh concerns over global luxury market recoveryLVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales g...- Devil's in the diesel, get E-truckin'To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. N...
- Gold prices are sliding but China goes on a relentless buying spreeChina's People’s Bank has significantly increased gold reserves in September, marking its highest growth rate in three years. As demand for...
- Chinese car makers increasingly rely on overseas markets as September exports surgeChina’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to off...
- Andhra factory makes 3 million tea bags daily for global giants Walmart, Aldi and CarrefourEverton Tea India thrives in Tirupati, manufacturing a whopping three million flavored tea bags each day for international markets. Since i...
- Gold price today: Gold rate becomes cheaper for certain buyers. Here's howGold rate rose more than 1 per cent on Friday, helped by a softer US dollar and lower oil prices. However, for some buyers, gold price has ...
- Too pricey to sell? Apple cuts iPhone 18 Pro orders by 20%, Duo faces similar riskApple has reduced component orders for iPhone 18 Pro and iPhone 18 Pro Max by 15%. This reduction is a response to weaker-than-expected dem...
- Could a global food crisis take a big bite out of your plate? What the warnings mean for AmericansInternational leaders are warning of a possible global food crisis. Could American households feel the impact at the grocery store? May, 20...
- Why electric vehicles sales are lukewarm in America, but hot in EuropeElectric vehicle sales in the United States have dropped 30.7% this year following the expiration of a federal subsidy. In contrast, Europe...
- Tesla is browbeating the EU to approve its 'Full Self-Driving' tech. The pressure is workingTesla is involved in a campaign to secure EU approval for its Full Self-Driving technology. The automaker faces criticism regarding the val...
- Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares dragHong Kong stocks fell as rising oil prices, weak economic data and selling in major technology and biotechnology shares weighed on sentimen...
- China’s loss could be India’s gain as Japan Inc sours on ChinaJapanese companies are reducing their presence in China due to rising competition and geopolitical tensions. They are now considering inves...
- Global Market: Hang Seng dips as real estate, financial shares face selling pressureHong Kong stocks edged lower as selling pressure in real estate and financial shares offset gains in technology stocks. The Hang Seng Index...
- Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...
- Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbsHuawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models featu...
- Where Does China Fit in Your Company’s Innovation Strategy?For decades, multinationals treated China primarily as either a vast growth market or a rising competitive threat. But as growth slows, com...
- Caffeine clash: Starbucks slayer now brews a global coffee blendLuckin Coffee is looking to expand into Gulf countries with a focus on local tastes and preferences. The company's recent $1 billion invest...
- China, US slash tariffs on USD 30 billion on imports: Chinese Commerce MinistryIn a significant development, China and the United States have finalized ten key outcomes during their recent economic and trade discussion...
- China fuels rush to turn AI video into an industryShenzhen has emerged as a leading hub for AI filmmakers in China, attracting various local governments wanting to establish tech clusters. ...
- How fast can China's EVs charge? Inside the race to 5-minute top-upsChinese electric vehicle manufacturers, including Geely and BYD, are advancing ultra-fast charging technologies to enhance consumer confide...
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