It seems like no one told Louis Vuitton the luxury sector was in trouble.The French fashion megabrand just saw its Shanghai flagship store break records with $22 million in sales for August, according ... ( read original story ...)
Rusal plans to quit China aluminium JV, set up shop in Shanghai – sources
United Company Rusal 0486.HK has decided to pull out of an aluminium trading joint venture in southern China, partly due to concerns over the low volumes it has been selling, three sources with ... ( read original story ...)
Asset management giant Vanguard to close Hong Kong office, exit ETF business as part of strategic reshuffle
Vanguard is set to close its Hong Kong offices and exit its exchange-traded funds business in the city as part of restructuring following ‘extensive review’ of international operations. ( read original story ...)
US targets Chinese individuals, 24 cos amid South China Sea dispute
The United States on Wednesday targeted 24 Chinese companies and a number of individuals it said were part of ongoing construction and military ... ( read original story ...)
Sensex ends 230 points higher led by Auto, Bank stocks
The BSE benchmark Sensex rose 230 points on Wednesday led by gains in index-heavyweight banking, auto, and energy stocks amid persistent foreign fund inflows.After touching opening strong at 38,930.18 ... ( read original story ...)
Vanguard uproots staff from Hong Kong to focus on Shanghai
Vanguard Group has said it will leave Hong Kong and plans to relocate staff from the territory to Shanghai, becoming the latest US firm to focus on the opening up of mainland China’s vast fund ... ( read original story ...)
U.S. Firms in Shanghai Say WeChat Ban Could Hit Competitiveness, Revenue: Survey
U.S. companies based in the financial hub of Shanghai said Washington's planned ban on Chinese messaging app WeChat could badly hit their competitiveness and revenue should it apply to U.S. firms and ... ( read original story ...)