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How does Starbucks succeed in China?

  Taylor Butch SPECIAL TO EMIRATES BUSINESS In January 1999, Starbucks opened its first store in mainland China at the China World Trade Building located in Beijing. As of May 2016, the world’s largest coffee company has more than 2,100 stores in 102 Chinese cities and is adding more. It plans to operate an estimated 3,400 stores in China by ...

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Emerging assets gain as investors bet Fed holds interest rates

Nupur Acharya / Maria Levitov Emerging-market assets rose for a third day as a hiring surge in the U.S. spurred confidence in the world’s biggest economy, bolstering stock markets from China to Poland. Exporters led gains as Taiwan Semiconductor Manufacturing Co. rose to a record. A gauge of Chinese shares traded in Hong Kong jumped the most since May. Equities ...

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Tokyo’s Nikkei index soars, Pokemon powers Nintendo

  Tokyo / AFP Tokyo’s benchmark stock index soared Monday morning after a strong US jobs report and as the landslide victory of Japan’s ruling coalition in weekend elections boosted stimulus hopes. The Nikkei 225 surged 3.21 percent, or 485.26 points, to 15,592.24, while the broader Topix index of all first-section shares climbed 3.01 percent, or 36.39 points, to 1,246.27. ...

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