Japan’s stock market is only now waking up to potential gains from record numbers of big-spending tourists. A growing number of companies, including a seller of vintage goods and a budget hotel chain, are poised for a strong 2025 as increased demand from foreigners boosts earnings outlooks. Japan welcomed almost 37 million inbound visitors in…
On her way to catch a foreign flick in Beijing, Jane Yao bought a cinnamon roll, had ramen, visited a bookshop, and dropped by a supermarket to grab some snacks. Such an impulse splurge has become all too rare in China, a country where consumption growth is still far below pre-Covid levels and poses a…
When two-Michelin-starred French restaurant Ecriture closed abruptly in September 2023, it reflected the struggles of top-end restaurants amid Hong Kong’s slow recovery from the pandemic. Just over one year on, the latest incarnation at Ecriture’s old spot at the top floor of H Queen’s building in Central is Omaroo Grill, the fifth outlet of Wooloomooloo…
⮊ Canary Islands and Seville. Photographer: Gabriela Herman for Bloomberg Businessweek | ⮊ Portillo. Photographer: Pia Vergara | ⮊ Jaipur. Source: Raffles Hotels and Resorts | ⮊ Casa de Brasa at Four Seasons Resort Los Cabos at Costa Palmas. Source: Costa Palmas By Bloomberg Pursuits December 12, 2024 As much as travel writers hate to…
Even as Tesla Inc. Chief Executive Officer Elon Musk is set to become a more controversial figure in China as part of Donald Trump’s administration, his mother is still a clear-cut favorite in the country. This month, Maye Musk attended the Shanghai store opening of Chinese mattress brand AISE Baobao, for which she’s a global…
The week before Sam Aisbett opened Akuna in Ho Chi Minh City, Vietnam, in July 2023, he panicked. “I said, ‘What the hell am I doing? What an idiot,’” recalled the Australian chef in a recent video interview. There was no way his restaurant, with a menu price of 3.9 million dong ($160)—at least 20…