Luxury giants like LVMH and Kering have shed hundreds of billions of dollars in their market value. Read more at straitstimes ...

The frugal trend that began in China during the economic disruption of the pandemic and deepened amid the crisis in the ...

In this podcast, ING's Warren Patterson and Ewa Manthey share their views on the outlook for commodities markets this year ...

BEIJING: China is set to impose a 1 million yuan (US$137,309) cap on the annual income of staff at central government-owned ...

China's economy grew 5% in 2024, meeting its growth target of around 5%.

Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports ...

Simultaneous shift toward advanced EVs in the market dominated by local manufacturers such as BYD is also hurting the likes ...

Burberry's strategic focus on iconic garments and improving international demand are key growth drivers, though profitability ...

Prof M K Bhat The GDP growth rate projection of 6.4 percent by National statistical organization after extrapolation of data ...

“It is too early to claim peak oil,” says Meg O’Neill, the chief executive of Woodside, Australia’s largest oil and gas ...

China’s luxury market sales are estimated to have plunged as much as 20% in 2024, the steepest since at least 2011, as the country’s economic slowdown dents consumer confidence, according to ...