BUSINESS & FINANCE

BUSINESS & FINANCE

BUSINESS & FINANCE

• Value Partners Group oversees US$24.2 billion in assets, with net profit surging more than 20-fold

  (Hong Kong, Feb 12) Based on unaudited preliminary results, Value Partners, a Hong Kong asset manage...

• Malaysia’s unemployment rate holds steady in December last year as female labour force participation hits a record high

  (Kuala Lumpur, 11th) Malaysia’s Department of Statistics reported that the number of unemployed fell...

• Kering swings from profit to loss last year as revenue declines across its three major brands

  (Paris, 11th) French luxury group Kering swung to a net loss of €29 million last year, compared with...

• A crypto storm shakes up the global rich list, turning the rankings upside down!

  (Washington, 11th) As crypto prices keep sliding, Coinbase CEO Brian Armstrong has fallen out of the...

• Price hikes fail to drive listeners away as Spotify delivers strong results

  (Stockholm, 11th) Spotify delivered a surprise earnings beat as its price-hike strategy paid off. On...

• Consumers tighten spending as U.S. retail sales post zero growth in December last year

  (Washington, 11th) U.S. retail sales unexpectedly stalled in December, showing zero month-on-month g...

• Hostile bid for Warner heats up again as Paramount increases the breakup fee!

  (New York, 11th) Paramount Skydance has intensified its hostile takeover bid for Warner Bros. Discov...

• Coca-Cola reverses decision, retains full ownership of Costa Coffee

  (New York, 11th) Coca-Cola said it will retain 100% ownership of the UK coffee chain Costa Coffee, w...