Consumer


Qianlong vase sold for US$19m

An 18th-century Chinese vase forgotten for decades in a shoe box in a French attic sold for 16.2 million euros (US$19 million) at Sotheby’s in Paris yesterday — more than 30 times the estimate. Experts ...

June 13, 2018, Wednesday


Franchise businesses urged to digitalize

The China Chain Store & Franchise Association said it’s encouraging franchise operators to ride the digitalization trend to upgrade services and drive further development....

June 13, 2018, Wednesday


Selection of games set to pick up Steam

STEAM, the world’s top game distribution platform, will establish an official Chinese platform to allow Chinese gamers and developers access Steam’s selection of games and entertainment, Shanghai Daily ...

June 13, 2018, Wednesday


Gucci plans to do more in-house manufacturing for greater control

Kering’s fashion powerhouse Gucci is bringing more manufacturing in-house, as luxury firms step up efforts to meet rampant demand from Chinese shoppers with slicker operations. Gucci, which said this ...

June 11, 2018, Monday


Starbucks chief Schultz set to retire

STARBUCKS Corp Executive Chairman Howard Schultz is stepping away from the coffee chain he built into a global powerhouse, putting management firmly into the hands of Chief Executive Kevin Johnson, who ...

June 6, 2018, Wednesday


Domestic air ticket prices to increase today

Passengers will have to pay slightly more for their domestic air tickets from today as Chinese airlines begin imposing fuel surcharges on domestic routes to offset the rising fuel costs, three years after...

June 5, 2018, Tuesday


‘Monsanto’ gone after US$63b acquisition

German chemicals and pharmaceuticals giant Bayer will discard the name Monsanto when it takes over the controversial US seeds and pesticides producer this week, the group said yesterday....

June 5, 2018, Tuesday


Import tariffs on consumer goods slashed

CHINA will cut import tariffs for daily consumer goods from July 1. The average tariff rate for clothing, shoes and hats, kitchenware, and sports and fitness supplies will be reduced from 15.9 percent ...

June 1, 2018, Friday


BASF taps chip demand

GERMAN chemicals giant BASF’s new plant in Jiaxing will double its annual production capacity of chemicals used in semiconductor processing by the end of this year to meet demand growth, the firm told ...

May 31, 2018, Thursday


Sleeping Lion Pearl for auction

Herman Dommisse, the owner of The Sleeping Lion Pearl, which once belonged to Catherine the Great and believed to be the world’s largest freshwater pearl, shows the pearl before it was auctioned in the Hague, Netherlands yesterday, with top estimates valuing it at 540,000 euros (US$628,000). The rare natural object weighs almost 120 grams and is nearly 6.9 centimeters long. Along with its size and animal-like appearance, the pearl is renowned for its approximately 300-year history. The pearl is of Chinese origin and is believed to have formed between 1700 and 1760, during the Qing dynasty (1644-1911). ...

May 29, 2018, Tuesday




 

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