india Tag

16 Apr Opinion | Why India could soon dethrone China as world’s top consumer market

Posted at 21:30h in Asia

China’s status as the world’s top commercial power is being tested amid an economic slowdown and demographic shifts. Its sheer size, infrastructure and government efforts to move the country to a consumption-driven economy provide a strong foundation, but Asia’s other emerging markets – particularly India...

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12 Apr OnePlus faces complaints from Indian retailers as Chinese smartphone brand tries to maintain its slice of the market

Posted at 12:14h in Asia

Chinese smartphone brand OnePlus is facing multiple grievances against its India operations, from profit margins to warranty and service claims, in another sign of trouble for Chinese brands in the world’s most populous country.In a letter to OnePlus India on Wednesday, the South India Organised...

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11 Apr Shanghai Art021 art fair to launch a Hong Kong edition aimed at galleries from the Global South

Posted at 12:03h in Asia

After months of speculation, the Shanghai-based art fair operator Art021 is launching a Hong Kong fair, scheduled for this summer – provisionally July.Called Art021 Hong Kong, the inaugural edition is planned as an invitation-only event: all the galleries involved have been selected by the organisers.With...

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07 Apr Who’s the new Nvidia? Wall Street hunts for next wave of AI winners beyond the US

Posted at 15:20h in Asia

At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia’s stock, investors are pointing toward emerging markets for better value and a bigger pool of options. Source link ...

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07 Apr China e-commerce: how SoftBank-backed Firework aims to help mainland merchants sell directly in overseas markets

Posted at 10:10h in Asia

“Live-stream shopping in China is very influencer-driven. People watch live streams because they trust the influencer,” he said. “Whereas in the US, it’s still brand-focused. The relationship is between the brand and the customer, not an influencer.”Unlike mainland China’s influencer-driven live-streaming e-commerce segment, the direct...

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02 Apr China, Asia-Pacific lead in uninsured climate disaster losses, highlighting need for better preparedness, Aon says

Posted at 23:00h in Asia

“With climate variability we see natural hazards impacting areas that in recent times may have been largely unaffected, meaning these communities are generally underprepared and may not have adequate insurance in place,” said Brad Weir, Aon’s head of analytics for reinsurance solutions for Asia.“There is...

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21 Mar Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

Posted at 13:00h in Asia

At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou Qunfei, the chairwoman and chief executive of touch screen manufacturer Lens Technology.Also present at the...

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21 Mar US memory chip maker Micron soars after AI growth boosts revenue forecast

Posted at 07:28h in Asia

Micron Technology, the largest US maker of memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence (AI) hardware.Revenue for its financial third quarter will be US$6.4 billion to US$6.8 billion, Micron...

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18 Mar Opinion | Asia’s office sector is thriving, so where are the investors?

Posted at 07:30h in Asia

Just a cursory glance at office occupancy rates around the world reveals where the commercial property sector’s problems lie. In the United States, average occupancy rates in 10 leading cities stood at just 52.5 per cent at the beginning of March, according to data from...

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11 Mar HSBC woos Asia’s ultra-rich to set up family offices in Hong Kong with suite of digital and wealth planning services

Posted at 00:30h in Asia

HSBC, Hong Kong’s biggest lender, plans to increase the visibility of its family office and digital banking services to attract ultra-high-net-worth clients to its private banking unit, according to a senior executive.“We have seen a strong growth in ultra-high-net-worth customers in the Asia-Pacific region, particularly...

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