Hong Kong’s market for pre-owned luxury goods such as Hermes and Chanel handbags has attracted a growing number of resellers from countries such as the Philippines and India, according to industry players. Second-hand luxury retailers said Hong Kong had become a top choice for sourcing among Indian and Filipino merchandisers, owing to the city’s reputation…
Some Hongkongers have pressed ahead with trips to Japan on Saturday morning despite “slight worries” about a widely discussed prediction that a mega-earthquake will hit the country today. While travellers told the Post they would pay more attention to the local news, they acknowledged being unprepared for potential earthquakes. “I felt a little uncomfortable at…
Some Hongkongers have pressed ahead with trips to Japan on Saturday morning despite “slight worries” about a widely discussed prediction that a mega-earthquake will hit the country today. While travellers told the Post they would pay more attention to the local news, they acknowledged being unprepared for potential earthquakes. “I felt a little uncomfortable at…
China’s grip on U.S. imports just hit a new low. According to the latest U.S. Census Bureau data, China’s share of total U.S. imports dropped to 7.1% in Maythe weakest showing since 2001. That’s down 4.3 percentage points from the same time last year and less than half the 14.8% peak reached in September 2024,…
Home » ASIA » Muslim Travel Market Growth How Malaysia, Singapore, Philippines, Taiwan, and Hong Kong Are Shaping the Future of Halal Tourism and What Destinations Get Right and Wrong in Meeting the Needs of This Expanding Sector Friday, July 4, 2025 Global Growth of the Muslim Travel Market The Muslim travel sector is witnessing…
Treasury Secretary Scott Bessent hit out at the nation’s and apparel sector for questioning the administration’s trade strategy and its impact on business. During a segment on CNBC on Thursday, Bessent, in an attempt to defend the recent trade deal with Vietnam that will result in a new, 20-percent duty rate, said that U.S. businesses…
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(Bloomberg) — President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce. Most Read from Bloomberg Chinese goods currently face tariffs of around 55%, a level expected to remain through August. But…
Vietnamese stocks hit highest in over three years Vietnamese stocks climbed to their highest in over three years after U.S. President Donald Trump said a trade deal with Vietnam has been struck. The benchmark Vietnam Index rose 0.3% to its highest since April 2022, data from LSEG showed. Top movers of the index stem from…
The United States will place a lower-than-promised 20 percent tariff on many Vietnamese exports, President Donald Trump has said, cooling tensions with its 10th-biggest trading partner days before he could raise levies on most imports. Vietnamese goods will now face a 20 percent tariff, and any transshipments from third countries through Vietnam will face a…