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Business
The Global Perspective
The Magazine
Jul 71 min read
The Magazine
Jul 71 min read
The Magazine
Jul 72 min read
The Magazine
Jul 72 min read
The Magazine
Jul 72 min read
The Magazine
Jul 72 min read
The Magazine
Jul 71 min read
The Magazine
Jul 71 min read
Luxury Industry Sees Strong Growth from Middle East and Asian Consumers
Luxury brands report resilient demand despite economic uncertainty, supported by affluent consumers and international tourism. Leading luxury brands continue to report resilient sales, driven by strong consumer spending in the Middle East and Asia despite broader global economic uncertainty. Industry analysts say premium fashion, jewellery and luxury hospitality remain among the strongest-performing segments of the consumer market. Retailers are also expanding flagship stores
The Magazine
Jul 71 min read
Global Shipping Industry Sees Stable Freight Rates After Months of Volatility
Container shipping markets show signs of stabilisation as supply chain disruptions ease and global trade volumes improve. Global container shipping markets are showing signs of stabilisation after months of volatility caused by geopolitical tensions and supply chain disruptions. Shipping analysts say freight rates on several major trade routes have begun to level out as port congestion eases and shipping capacity improves. Logistics companies remain cautious, however, warning
The Magazine
Jul 71 min read
Global Airline Passenger Demand Continues to Rise, IATA Says
The aviation industry reports continued recovery in international travel, supported by strong passenger demand during the summer season. The International Air Transport Association (IATA) says global passenger traffic continues to expand as international travel demand remains strong across major aviation markets. According to the latest industry data, airlines are experiencing higher passenger loads on both domestic and international routes, with Asia-Pacific carriers leading
The Magazine
Jul 71 min read
HSBC to Expand Wealth Business Across Asia as High-Net-Worth Population Grows
The banking giant plans to strengthen its private banking and wealth management operations, betting on continued growth in Asia's affluent markets. HSBC has announced plans to accelerate the expansion of its wealth management business across Asia as rising household wealth and increasing demand for investment services continue to reshape the region's financial sector. The bank said it will increase investment in digital wealth platforms, relationship managers and private bank
The Magazine
Jul 71 min read
Latest Business News
Luxury Industry Sees Strong Growth from Middle East and Asian Consumers
Luxury brands report resilient demand despite economic uncertainty, supported by affluent consumers and international tourism. Leading luxury brands continue to report resilient sales, driven by strong consumer spending in the Middle East and Asia despite broader global economic uncertainty. Industry analysts say premium fashion, jewellery and luxury hospitality remain among the strongest-performing segments of the consumer market. Retailers are also expanding flagship stores
Jul 71 min read
Global Shipping Industry Sees Stable Freight Rates After Months of Volatility
Container shipping markets show signs of stabilisation as supply chain disruptions ease and global trade volumes improve. Global container shipping markets are showing signs of stabilisation after months of volatility caused by geopolitical tensions and supply chain disruptions. Shipping analysts say freight rates on several major trade routes have begun to level out as port congestion eases and shipping capacity improves. Logistics companies remain cautious, however, warning
Jul 71 min read
Global Airline Passenger Demand Continues to Rise, IATA Says
The aviation industry reports continued recovery in international travel, supported by strong passenger demand during the summer season. The International Air Transport Association (IATA) says global passenger traffic continues to expand as international travel demand remains strong across major aviation markets. According to the latest industry data, airlines are experiencing higher passenger loads on both domestic and international routes, with Asia-Pacific carriers leading
Jul 71 min read
HSBC to Expand Wealth Business Across Asia as High-Net-Worth Population Grows
The banking giant plans to strengthen its private banking and wealth management operations, betting on continued growth in Asia's affluent markets. HSBC has announced plans to accelerate the expansion of its wealth management business across Asia as rising household wealth and increasing demand for investment services continue to reshape the region's financial sector. The bank said it will increase investment in digital wealth platforms, relationship managers and private bank
Jul 71 min read
Rio Tinto Reaches New Financial Agreement with Mongolia for $18 Billion Copper Mine
The revised deal reduces management fees and financing costs as both sides seek to strengthen one of the world's largest copper mining projects. Global mining giant Rio Tinto and the Government of Mongolia have agreed on new financial terms for the US$18 billion Oyu Tolgoi copper mine, one of the world's largest copper mining projects, in a move aimed at improving the project's long-term economic benefits for both parties. Under the revised agreement, Rio Tinto will reduce it
Jul 72 min read
Airbus Eyes More Than 900 Aircraft Deliveries After Strong First-Half Performance
The European aircraft manufacturer is reportedly targeting a record year as production gains momentum despite ongoing supply chain challenges European aerospace giant Airbus is reportedly aiming to deliver more than 900 commercial aircraft in 2026, reflecting growing confidence after a strong first half of the year despite persistent supply chain constraints. The internal target exceeds the company's official full-year guidance of 870 aircraft, according to industry sources.
Jul 72 min read
Oil Prices Rise as Markets Shift Focus to Global Demand and Supply Outlook
Crude prices edged higher after recovering from recent geopolitical volatility, with investors closely watching production levels and signs of stronger global fuel demand. Global oil prices moved higher on Tuesday as investors shifted their attention from easing geopolitical tensions in the Middle East to longer-term expectations surrounding global supply and energy demand. Market participants are now closely monitoring production trends and economic indicators that could inf
Jul 72 min read
TSMC Reports Record Quarterly Revenue as Global AI Chip Demand Continues to Surge
The world's largest contract chipmaker posted its strongest quarterly sales on record, driven by sustained demand for advanced semiconductors powering artificial intelligence applications. Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip manufacturer, has reported record quarterly revenue, underscoring the continued strength of global demand for artificial intelligence infrastructure and advanced semiconductor technologies. The company said its
Jul 72 min read
Samsung Posts Record Quarterly Profit as AI Boom Drives Chip Demand
Despite reporting its strongest quarterly profit in years, Samsung's shares fell as investors questioned whether the rapid growth in AI infrastructure spending can be sustained Samsung Electronics has reported its highest quarterly operating profit in years, highlighting the continued strength of the global artificial intelligence boom. However, despite the impressive financial performance, the company's shares declined sharply as investors expressed concern over the long-ter
Jul 72 min read
Indian Stocks Extend Winning Streak as Lower Oil Prices and Foreign Buying Lift Markets
Benchmark indices rose for a fifth consecutive session, supported by easing crude oil prices, improving monsoon conditions and renewed foreign investor confidence. Indian equity markets extended their recent rally on Tuesday, with benchmark indices posting gains for a fifth consecutive trading session as lower global crude oil prices, improving monsoon progress and sustained foreign investment boosted investor confidence. The BSE Sensex and the Nifty 50 both traded higher dur
Jul 72 min read
Foxconn Reports Record Quarterly Revenue as AI Demand Fuels Growth
The world's largest contract electronics manufacturer posts nearly 40% revenue growth but warns that geopolitical uncertainty could affect future business conditions. Taiwan-based Foxconn, the world's largest contract electronics manufacturer, has reported record second-quarter revenue as strong global demand for artificial intelligence infrastructure continued to drive growth across its business. The company said revenue for the April-to-June quarter rose 39.8% year-on-year
Jul 72 min read
Global Markets Turn Cautious as Investors Await Corporate Earnings Season
Technology stocks remain in focus while investors assess economic data, central bank expectations and upcoming second-quarter earnings from major global companies. Global financial markets traded cautiously on Tuesday as investors shifted their attention to the start of the second-quarter corporate earnings season, which is expected to provide fresh insight into the health of the global economy and business outlook for the remainder of 2026. Asian equity markets posted mixed
Jul 72 min read
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