Alibaba offers 50 billion yuan of subsidies to defend turf in China
The world’s second-largest economy’s e-commerce leader is facing growing challenges from up-and-comers such as PDD Holdings Alibaba Group Holding is offering 50 billion yuan (S$8.9…
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The world’s second-largest economy’s e-commerce leader is facing growing challenges from up-and-comers such as PDD Holdings Alibaba Group Holding is offering 50 billion yuan (S$8.9…
Some of China’s largest ports have received Iranian crude this year, supporting a multi-billion oil trade and highlighting a significant gap in US efforts to curb funds for Tehran’s…
The port operator will not receive any proceeds from the initial public offering, but it is upbeat about its financial strength Port operator MMC Port Holdings moved closer to what…
Kenneth Cole Productions and The Onion, the satirical news publication, have come together for The Headline Collection, a limited-edition line of apparel and accessories designed to raise…
LONDON— Giles Deacon has drawn on his history working with British textile manufacturers to create the first in a new series of tweeds for Purdey, the gunmaker and field sports clothing…
Both Stan Smith and Edison Chen have been longtime collaborators with Adidas. The company’s signature sneaker for the tennis champ has been popular since its debut in 1973. And some 2.5…
MILAN — Luxury brand Retori is gearing up to unveil its second collection. Dubbed Chapter 02, it will be showcased in Paris on July 8 during couture week. Conceived for fall 2025, the…
MILAN — Rene Caovilla is upping the ante of its distinctive craftsmanship and flamboyant creativity by introducing a couture capsule collection. A first for the Italian footwear company,…
Asian markets swung on Wednesday amid trade war worries after Donald Trump said he would not push back next week’s tariff deadline, with Tokyo taking a hit from threats to ramp up Japanese…
The Straits Times Index (STI) notched a new high of 4,011.78 on Wednesday (Jul 2) as Singapore draws a rush of investors seeking safe havens from geopolitical risks. It finished the day at…
The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East, Europe and Americas over the next three years, the CEO…
Shares of Yangzijiang (YZJ) Financial rose by over 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its incorporation of YZJ Maritime Development, a proposed…
Del Monte Pacific (DMP) is expected to take a body blow from the failure of its US unit, as the latter accounts for a big chunk of its operations. In a statement issued on Wednesday (Jul…
Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular petrol-powered SUV. The Japanese automaker plans to…
Jeff Bezos sold 3.3 million Amazon.com shares in recent days, netting US$736.7 million. The sale, which coincided with his star-studded wedding to Lauren Sanchez in Venice, is part of a…
A seasonal lift for Asian equities in July may be hard to come by this year as tariff and macroeconomic concerns dampen sentiment. Markets are bracing for heightened volatility ahead of…
Australian airline Qantas said on Wednesday it was investigating a “significant” cyberattack, after hackers infiltrated a system containing sensitive data on six million customers.…
The world’s largest digital assets exchange Binance, plans to keep hundreds of remote workers in Singapore, despite a crackdown on unlicensed crypto outfits in the city-state. The Monetary…
US banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve’s annual health check last week. The moves come after the lenders…
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Getting out of China was probably the right move for firms against the specter of a 145 percent tariff rate, but the added costs will mean lower full-year profits. Most shoe firms pulled…
Republican Senator Lisa Murkowski of Alaska on Tuesday supplied the deciding vote for Senate Republicans to pass Trump’s signature budget bill. After doing so, she registered concerns…
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. The Best Mini Water Bottles (+ Accessories) View more +…
Republican Senator Lisa Murkowski of Alaska on Tuesday supplied the deciding vote for Senate Republicans to pass Trump’s signature budget bill. After doing so, she registered concerns…