NYC, London Luxury Property Prices Dip as Asia Real Estate Soars
Top-end homes in Seoul, Dubai and Tokyo experienced double-digit growth while prices in New York and London dipped, according to a Knight Frank report.
Trump Tariffs: U.S. President, Xi Won't Speak Tuesday After China Retaliates
President Trump delayed tariffs on Mexico and Canada, but imposed 10% levies on China, prompting Beijing to retaliate. Follow ...
natural1d
China imposes 15% tariffs on coal, LNG in response to Trump’s tariffs
China’s Ministry of Commerce has announced that it is countering US tariffs with measures of its own, the Associated Press reports ...
Trump Tariffs: Stock Futures Rebound After Mexico, Canada Tariff Delay — Live News, Analysis
President Donald Trump's 25% tariff plan on goods from Canada and Mexico rattled markets early Monday. Follow along for live ...
How China’s Luxury Hotels Are Luring International Travelers Back to a Transformed Country
After getting comfortable with the domestic market, China's top hotels are learning new tricks to get international travelers ...
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China’s luxury market declines 20% in 2024
The rise of Daigou trading remains a concern for luxury brands. The luxury market in China saw an 18 to 20% decline in 2024, returning to 2020 levels, according to Bain & Company’s China Luxury Report ...
Business Today19d
India’s rich are buying luxury homes like never before, despite signs of distress among the middle-class
Over the last five years, the Covid-19 pandemic and the geopolitical tensions have rattled many - impacting household earnings and their monthly budgets. Steep rise in cost of living, subdued job ...
kr-asia19d
Luxury purchases are now mainstream for Vietnam’s booming consumer class
The Vietnamese real estate website Batdongsan.com says the average selling price of homes nationwide as of June 2024 was ... such as cars, air conditioners, luxury smartphones, and high-end cosmetics, ...
The Financial Times20d
Luxury’s ‘America first’ moment
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fashions change. For many years, growth in the luxury industry could be summed up in two words as “China ...
Business Insider20d
China hit its economic goals in 2024 despite a consumer spending problem
In a news release on Friday morning, China's National Bureau of Statistics reported its economy grew 5% in 2024 from a year ago, meeting its official target. Analysts polled by Reuters had ...
brandequity.economictimes.indiatimes20d
Luxury groups pin hopes on US as China weakness persists
The 363 billion euro ($373.16 billion) global luxury goods market is wrestling with its lowest sales rates in years. China's property crisis and sluggish economy are weighing heavily on appetite ...
CBC.ca20d
As tiny homes arrive in Hamilton, councillors ask why city bought made-in-China units for $35K each
What they didn't know was MicroShelters was a new corporation that would go through an American company to order the tiny homes from China, staff said at a general issues committee meeting ...