retail

New Business

Hong Kong businesses lose US$11 billion to digital fraud in past year, TransUnion says

Hong Kong businesses reported HK$92 billion (US$11.84 billion) in financial losses from digital fraud over the past year, despite the…

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New Business

As China, Hong Kong property markets stabilise, is it time for investors to quit Japan?

As Japan enters a new era with the likely election of Sanae Takaichi as the first female prime minister of…

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New Business

UK’s Sainsbury’s ends talks to sell Argos to China’s JD.com

British supermarket group Sainsbury’s said on Sunday it has terminated talks with Chinese e-commerce giant JD.com over selling the Argos…

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New Business

The View | How closer mainland integration is lifting Hong Kong’s residential market

One of the big themes in Asia’s real estate industry this year is divergence. The average price of second-hand homes…

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New Business

China’s central bank doubles down on financing support to boost consumption

China is doubling down on its efforts to encourage domestic consumption, with the central government and the country’s wealthiest province…

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New Business

Shein, Temu to increase US prices next week after Trump’s tariffs, de minimis shift

Chinese-backed online retailers Shein and Temu have notified US consumers that they would raise prices starting April 25 “due to…

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New Business

Hong Kong’s office segment to see faster turnaround than retail sector: Morgan Stanley

Hong Kong’s office space segment has a higher probability of making a fast turnaround than the local market’s other sluggish…

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New Business

Global funds exit China’s commercial properties with fourth year of net selling

Foreign investors were net sellers in China’s commercial real estate market for a fourth year in 2024, hastening their retreat…

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New Business

China’s jobseekers face laborious 2025 as businesses pull back on hiring

Joey Lu, an operations manager at a Shenzhen-based co-working office, is hiring two administrative assistants to fill vacancies left earlier…

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Tech

Walmart and Amazon drive retail transformation with AI

Walmart and Amazon are harnessing AI to drive retail transformation with new consumer experiences and enhanced operational efficiency. According to…

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