Burberry reports third quarter revenue of 665 million pounds Comparable store sales up 3%, more than expected Burberry did less discounting than a year ago Strong growth in Gen Z shoppers in Greater China, Asia-Pacific Shares up 4% Jan 21 (Reuters) – Burberry (BRBY.L), opens new tab beat expectations for sales growth in the key…
Item 1 of 2 A Chinese national flag flutters in the wind with the Cheung Kong Center building and CK Hutchison logo in the background in Hong Kong, China, April 1, 2025. REUTERS/Tyrone Siu [1/2]A Chinese national flag flutters in the wind with the Cheung Kong Center building and CK Hutchison logo in the background in…
Chinese regulators have required asset sales in past deals Concentration in copper, iron ore marketing could be among top concerns, analysts and lawyers say Rio Tinto had been exploring asset-for-equity swap with China’s Chinalco before Glencore talks announced BEIJING/MELBOURNE, Jan 16 (Reuters) – The proposed tie-up between Rio Tinto (RIO.L), opens new tab, (RIO.AX), opens…
Taiwan offers investment in exchange for lower tariffs Fast-growing TSMC looks to expand in Arizona Deal deepens ties between Washington and Taipei as China tensions simmer Many of Trump’s tariffs still face Supreme Court review Taiwan needs ‘to keep our president happy’ to protect ‘their country,’ US official says WASHINGTON, Jan 15 (Reuters) – The…
Company positions itself as a ‘chip department store’ Net profit shot up nearly 7 times in 2024, revenue jumped 28% Chip and AI firms tapping HK market as Beijing seeks self-sufficiency HONG KONG/SINGAPORE, Jan 13 (Reuters) – Shares of GigaDevice Semiconductor soared 40% in their Hong Kong trading debut on Tuesday, with investors latching on…
Zhipu and MiniMax are first Chinese ‘AI tigers’ to list MiniMax surges 78%, potential for its consumer apps in focus Zhipu jumps further on its second day of trade SINGAPORE/HONG KONG/BEIJING, Jan 9 (Reuters) – MiniMax Group (0100.HK), opens new tab, the second so-called Chinese “AI tiger” to go public, rocketed 78% higher on its…
Item 1 of 3 A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo [1/3]A view of a logo at the PUMA flagship store in New York City, U.S., July 16, 2025. REUTERS/Kylie Cooper/File Photo Purchase Licensing Rights, opens new tab Anta has offered…
Three tech IPOs raised roughly HK$9.2 billion Hong Kong raised $37.22 billion from 115 listings in 2025 – LSEG data MiniMax, OmniVision scheduled to debut on January 9 SINGAPORE, Jan 8 (Reuters) – Three Chinese technology firms debuted higher on Thursday after raising a combined HK$9.3 billion ($1.19 billion), setting the tone for what investors…
Asia’s top two economies embroiled in biggest dispute in years China’s ban latest response to Japan PM’s Taiwan remarks Beijing weighing broader rare earth curbs, state media says Japanese automakers at risk if restrictions expanded TOKYO, Jan 7 (Reuters) – Japan called China’s ban on dual-use exports for its military “absolutely unacceptable” on Wednesday, amid…
Valuation about $6.5 billion at high end Six Chinese firms to list in Hong Kong this week MiniMax scheduled to start trading on January 9 HONG KONG/SINGAPORE, Jan 5 (Reuters) – MiniMax Group (0100.HK), opens new tab is expected to price its Hong Kong IPO at the top of a marketing range and raise $538…