In China, a raft of domestic startups selling male skincare products is tapping global investors for funds, with ambitions to rival giants like L’Oreal in a billion-dollar business serving image-conscious millennial men.
The startups are targeting men like Hou Junru,
Most stock markets in emerging Asia gained ground on Thursday, as analysts pointed to investors reshuffling their portfolios amid expectations of a better-than-forecast economic recovery in the region supported by China’s steady rebound.
Despite weakness in the broader markets and
China on Thursday said it had imposed fresh import duties on Australian wine as it accused Canberra of giving firms subsidies, in the latest salvo in a bitter standoff following last month’s swinging anti-dumping tariffs.
The move comes as relations
Developing Asia is on course to contract this year, but probably less than previously thought as China’s economy enjoys a faster than expected recovery, the Asian Development Bank (ADB) said on Thursday.
Economic growth in developing Asia, a group of
China plans to improve its green finance standards to support its carbon-neutrality objectives and make it easier for foreign investors to enter the green finance market, central bank governor Yi Gang said on Wednesday.
“We will promote harmonisation of green
The United Kingdom will suspend retaliatory tariffs imposed on US goods as part of a dispute over aircraft subsidies from January 1, the trade department said, describing the move as an attempt to de-escalate a damaging international trade conflict.
The
Prime Minister Scott Morrison has new powers to veto or scrap agreements that state governments reach with foreign powers under laws that could stymie China’s Belt and Road Initiative in Australia and further inflame tensions between the trading partners.
The
Asian shares rose to a record high and United States stock futures gained on Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus.
Investors are hopeful that new coronavirus vaccines now being
Google and Facebook Inc. won a key concession in Australia as the government unveiled details of a world-first law to force the digital giants to pay to display news articles.
The legislation, introduced to Australia’s parliament on Wednesday, requires Google
Asian stocks came under pressure on Tuesday as investors struggled to balance hopes for more economic stimulus and vaccines with fresh concerns about a surge in COVID-19 infections.
Mixed Asian trade followed a similarly mixed Wall Street session in which
