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Covid-19

Chinese snap up used Rolexes, Birkins amid slowdown

Chinese snap up used Rolexes, Birkins amid slowdown

China's coronavirus-driven economic slowdown is proving to be a boon for Zhu Tainiqi, the Shanghai-based founder of second-hand luxury goods marketplace ZZER, who is now scouting for shop space to expand the b...
Frugal is the new cool for young Chinese as economy falters
South Korea’s retail sales up 9.7 per cent in July amid eased virus curbs
Xiaomi posts 20 per cent revenue fall, hurt by China Covid curbs
China Tourism seeks $2.16 billion in Hong Kong’s biggest listing this year

Covid-19 Archives

Burberry held back by China lockdowns and US weakness

Luxury rival Richemont also felt the shortfall in mainland China, where its sales were 37 per cent lower for the quarter...

South Korea postpones controversial deposit scheme for takeaway cups

Cafe and eatery operators decry the deposit-refund system as shifting the burden of waste prevention to them.

Macau shuts popular shopping mall in race to contain Covid outbreak

Macau locked down one of the city's most famous hotels, the Grand Lisboa on Tuesday, with more 500 people inside.

Some Shanghai residents free to shop for first time in two months

The city was "striving to achieve a full resumption of work and production as soon as possible," Zhang Wei said

JD beats revenue estimates but CEO cautious over Covid outbreaks

JD CEO Xu Lei told analysts on a post-earnings call on Tuesday that the situation was far different to what China experi...