Showing 1 - 10 of 10
Starbucks denies plans of full China sale as business stalls
Bloomberg, Published on 26/06/2025
» Starbucks said it’s not currently considering a full sale of its China business, disputing a report from Caixin Global that had sent the shares higher in late trading, as the coffee giant battles cheaper local rivals in its second-biggest market.
Thais skimp on dining during trips
Business, Molpasorn Shoowong, Published on 01/05/2024
» Outbound travellers are saving on dining, spending a lot more on shopping and luxury products during their trips, with Japan and China the top destinations during the Songkran holiday, according to YouTrip, a multi-currency digital wallet.
China bubble tea firm debuts after $650 mn IPO caps labour of love
AFP, Published on 30/06/2021
» HONG KONG - Chinese bubble tea chain Nayuki edged down on its Hong Kong market debut Wednesday after raising more than US$650 million in an IPO that marked the culmination of a literal labour of love for the co-owners who created the firm on a blind date.
A touch of Class
Business, Published on 28/07/2020
» To become an owner of a coffee shop is an ambitious goal for many Thai entrepreneurs, with coffee corners and stores flourishing for both international and local brands in recent years.
Fraud-hit Chinese firm to exit Nasdaq
Published on 27/06/2020
» NEW YORK: Luckin Coffee, a Starbucks rival in China, will be delisted from the Nasdaq stock market in the US on Monday following a massive fraud scandal that sent its share price plummeting.
Chinese e-commerce giant JD soars on Hong Kong debut
AFP, Published on 18/06/2020
» HONG KONG: Chinese e-commerce giant JD.com soared nearly 6% on its Hong Kong debut Thursday, after raising almost US$4 billion in an initial public offering that was the world's second-biggest this year.
Chinese ecommerce giant JD.com jumps 5.75% on Hong Kong debut
AFP, Published on 18/06/2020
» HONG KONG: Chinese e-commerce giant JD.com leapt 5.75% higher on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world's second biggest this year.
Trump announces probe of Chinese companies listed in US
AFP, Published on 30/05/2020
» WASHINGTON: US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world's two biggest economies.
Luckin counts cost of Starbucks battle
Business, Reuters, Published on 16/08/2019
» BEIJING: Luckin Coffee Inc turned in a bigger-than-expected loss as costs ballooned on store openings and heavy discounts aimed at competing with Starbucks Corp, driving the Chinese firm's US-listed stock down sharply on Wednesday.
Global bourses follow nervous Wall Street lower
Business, Nuntawun Polkuamdee and Darana Chudasri, Published on 27/04/2019
» Recap: Most global stock markets edged lower yesterday following Thursday's Dow tumble when 3M shares dropped sharply amid weaker-than-expected earnings. Next week's US-China trade negotiations in Beijing could further test investors' nerves amid stagnating global trade.