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The ‘Singapore-washing’ strategy starts to unwind as both China and the U.S. closely scrutinize corporate roots
“Guangdong’s complete industrial ecosystem and first-class business environment have made Shein’s fast growth possible,” founder Chris Xu told the crowd on Feb. 24, at a forum hosted by the Guangdong provincial government. He boasted that Shein currently supports over 600,000 jobs in the Chinese province, and pledged to invest over 10 billion yuan ($1.5 billion) to fortify its local supply…
The hidden economy deciding who gets into your favorite concert, restaurant, and theme park
If you’ve ever watched a Taylor Swift ticket vanish from your cart, or a 7 p.m. restaurant reservation disappear in a blink, an economist has a name for what just happened to you: a “hidden market.”Leaving the antitrust issues to one side, Judd Kessler sees something else going on: a market being hidden.If you’ve ever watched a Taylor Swift ticket…
San Francisco cheers its native Chinese Olympian Eileen Gu, who headlines parade for the Year of the Fire Horse
San Francisco rang in the Year of the Fire Horse with its annual Chinese New Year parade Saturday evening, with thousands of revelers cheering on hometown hero and Olympic champion Eileen Gu as its grand marshal.The procession featured drums, dancing and floats celebrating the vibrancy of the Chinese American community in the oldest celebration of its kind outside Asia and…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
BlackRock and Amundi Bullish on Japanese Stock Market Momentum
BlackRock Inc., the world's largest asset manager, and Amundi Asset Management, Europe's foremost money manager, are both optimistic about Japan's continued economic resurgence. Foreign investors are flocking to Japan's stock…
