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New Business

Shein faces investor pressure to slash valuation to US$30 billion, sources say

Chinese fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with…

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New Business

Marianne Faithfull, legendary pop star and survivor, dies at 78

Marianne Faithfull, the iconic pop star who transitioned from being Mick Jagger’s muse to a gritty survivor, has died at…

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New Business

Will higher school fees, new taxes turn Hongkongers away from UK properties?

Hong Kong-based investors are the largest foreign buyers of homes in the UK, but additional education fees, a new tax…

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New Business

British chancellor angles for reset in relations, trade on China trip

Britain has relaunched a platform for “respectful and consistent” future relations with China, as it tries to cash in on…

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New Business

Doja Cat and Joseph Quinn spark dating rumors after being spotted together in London

Doja Cat and Stranger Things star Joseph Quinn have fueled dating rumors after reportedly being seen together at Dingwalls in…

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New Business

Standard Chartered to restructure global M&A team to focus on target sectors, efficiency

Standard Chartered is restructuring its global mergers and acquisitions (M&A) team to focus on target sectors and drive greater efficiency…

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New Business

Unit of Chinese developer R&F Properties defaults on US$147 million in interest payments

Chinese developer R&F Properties said a subsidiary missed interest payments on offshore notes in another sign of escalating troubles for…

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New Business

Standard Chartered eyes cross-border trade between Hong Kong, Asia, Middle East

Standard Chartered will continue to tap opportunities arising from the growth in cross border transactions and trade for its clients…

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New Business

Opinion | China’s tourism policy must now go beyond visa-free travel

The statistics speak for themselves. In the first half of this year, 14.64 million foreigners visited China, up by 152.7…

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Tech

Shein, Temu face uncertain times in South Africa, EU, other markets amid high-tariff push

Some consumers in South Africa are looking to abandon popular low-cost online retailers Shein and Temu, according to recent social…

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