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...Calls for a boycott forced Miniso to apologise for its marketing strategy, which had positioned it as a low-cost imitator of Japanese stores such as Muji, and to rebrand as a distinctly Chinese offering....
...This resulted in a writedown to just £4.3mn after a third-party valuation....
...Such tax increases would be more palatable if accompanied by a genuine simplification of today’s mind-bogglingly complex federal income tax system. William W Chip Washington, DC, US...
...That's not cheap, but easily affordable for a single big economy or a collection of smaller ones. As yet, no framework exists for international co-operation on SRM....
...William Sandlund Well, there’s a number of reasons....
...Events: Bank of Japan governor Kazuo Ueda speaks at a seminar hosted by Japan’s Yomiuri newspaper. China’s President Xi Jinping begins a visit to Hungary....
...Now, the Massey Shaw Education Trust, which looks after the historic vessel, is collaborating with British watchmaker William Wood Watches on a limited-edition timepiece it hopes will boost awareness ahead...
...The Bank of Japan releases a summary of opinions from its April policy meeting. Events: Russian President Vladimir Putin hosts his Laos counterpart Thongloun Sisoulith in Moscow....
...The last time real wages — which take inflation into account — rose was in March 2022, when they eked out a 0.6 per cent gain. Since then, accelerating price growth has eaten into household earnings....
...The strongest growth was at Wynn’s two Macau casinos, where a return of mass market gamblers boosted net revenue to $998.6mn....
...If it closes today with a loss, it will snap a two week winning streak....
...India’s benchmark index led losses in Asia on Monday as it was dragged down by a sell-off in Tata Motors, one of the country’s largest carmakers....
..., a reference to a popular protest slogan that has since been deemed seditious by local authorities....
...Singapore-based United Overseas Bank reported growing revenue from greater China in the first quarter despite a muted bottom line....
...Hong Kong equities extended a weekslong rally on Friday, with the city’s benchmark Hang Seng index surging 2.4 per cent....
...The target for a settlement is a year away — a “really tight timescale”, according to Cotton, but one that is “in everybody’s interest to meet”....
...Hakluyt, the corporate consultancy founded by ex-MI6 intelligence officers, is appointing former UK Conservative party leader Lord William Hague as chair of its international advisory board....
...a lagging domestic economy....
...Asian currencies slid against the US dollar on Wednesday following hawkish remarks from a Federal Reserve official on Tuesday....
...OCBC on Friday reported first-quarter net income of S$2bn, a new quarterly record and a 5 per cent increase from the previous year. Shares rose 1.8 per cent after the report....
...William Sandlund Did UK wage growth slow in April? Investors will be watching the latest UK jobs data on Tuesday to see if it helps cool expectations of a summer interest rate cut....
...William Ruto is set to meet his US counterpart Joe Biden this month in the first state visit by an African leader in more than 15 years....
...Hong Kong equities rose on Friday, with the city’s bourse operator leading gains after the announcement of a plan to create a Hong Kong-themed exchange traded fund in Saudi Arabia....
...The rally made the city’s beleaguered stock market a top-performing global index for April....
...Mayoral politics was “taking on a life of its own”, he said, adding: “I think it’s a new type of dynamic.”...
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