Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
1970-01-01 08:00
Hong Kong Narrows 2023 GDP Expectations as Recovery Loses Steam
Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity
1970-01-01 08:00
China to Shift $139 Billion of Troubled LGFV Debt to Provinces
China will allow provincial-level governments to raise about 1 trillion yuan ($139 billion) via bond sales to repay
1970-01-01 08:00
Newcrest Profits Slip 11% Ahead of Sector’s Biggest Deal
Newcrest Mining Ltd., Australia’s biggest gold producer, posted an 11% decline in full-year earnings as it prepares to
1970-01-01 08:00
Citigroup Names Kalra Head of Asia Commercial Bank in Singapore
Citigroup Inc. appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from
1970-01-01 08:00
Singapore Narrows GDP View After Second Quarter Growth Slows
Singapore narrowed its projection for 2023 growth after the economy fared worse than initially thought amid China’s faltering
1970-01-01 08:00
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
1970-01-01 08:00
Oil’s Weekly Gain Fades as Market Watchers Wait for IEA Report
Oil was steady in Asia after declining almost 2% on Thursday ahead of a report from the International
1970-01-01 08:00
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
1970-01-01 08:00
RBA’s Lowe Keeps Door Open to Further Hike, Eyes Services Prices
Australia’s central bank is keeping its options open on further policy tightening as it studies which way services
1970-01-01 08:00
New Zealand Food Prices Fall for First Time Since Early 2022
New Zealand posted its first monthly decline in food prices since early 2022, adding to signs that inflation
1970-01-01 08:00
Japan Game Arcade Operator Genda Charts Path to Domination Through M&A
A former managing director at Goldman Sachs Group Inc. who recently became one of the very few female
1970-01-01 08:00