Recent Posts

Empty stores tarnish S’pore’s shoppers’ paradise image

  Singapore / Bloomberg Empty storefronts in Singapore’s prime shopping district may become a more common sight. Vacancies in the city’s main Orchard Road area, a magnet for tourists lured by malls and Japanese department stores such as Takashimaya, have risen to a five-year high and across the island, they’ve soared to the highest since 2009. As economies around the ...

Read More »

Xiaomi to plan first drone at $610

  Shanghai / Bloomberg Xiaomi Corp., the Chinese smartphone maker that challenged Apple Inc. with sleek designs and low prices, is planning to introduce its first drone at a price more than 20 percent below a comparable product from market leader SZ DJI Technology Co., according to a person with direct knowledge of the matter. The drone, made by FIMI ...

Read More »

Apple to hit setback in push to open retail stores in India

  New Delhi / Bloomberg India’s Foreign Investment Promotion Board has ruled Apple Inc. must comply with local sourcing rules to sell products through its own retail stores, according to people with direct knowledge of matter, a setback to the iPhone maker’s plans to open retail outlets in the country. The FIPB has cleared Apple’s application to open retail stores ...

Read More »
Send this to a friend