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A corduroy Ralph Lauren letter jacket at the brand’s store in Singapore retails for around $900 Singapore dollars ($693). But a vanilla latte in its cafe? A comparative steal at SG$9. From Ralph Lauren to Coach, Louis Vuitton, Dior and Prada, clothing and luxury brands are opening stores in Asia to connect with consumers who … Read more
In our Crypto Asia News roundup for the week, we see how Asia’s crypto landscape is undergoing a rapid transformation. There is now state-backed innovation happening, strategic partnerships are being made and there is a rising institutional momentum at play. From CBDCs to AI-powered platforms and payment integrations, there is something new happening everyday. Here’s … Read more
Key Takeaways Nakamoto has made its largest single investment, committing $30 million to Metaplanet. This investment marks Nakamoto’s first entry into the Asian market, specifically in Japan. Share this article Nakamoto has committed $30 million to invest in Metaplanet, marking its largest single investment to date and its first entry into the Asian market. Metaplanet, … Read more
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. The Japanese tech-focused investment firm saw shares drop … Read more
Southeast Asians are skipping trips to the United States this year — for a variety of reasons. Singaporeans, however, are rejecting it at greater levels than others, a survey of 6,000 regional travelers showed. The survey commissioned by CNBC Travel showed 7% of Singaporeans said their interest in visiting the U.S. increased this year, … Read more
President Donald Trump speaks alongside Secretary of Commerce Wilbur Ross. Saul Loeb | AFP | Getty Images U.S. President Donald Trump on Thursday stateside rejigged the so-called “reciprocal” tariff rates for several countries, ahead of the Friday deadline announced earlier. The White House also announced a 40% tariff rate for all goods transshipped to avoid … Read more
A fan of Japanese manga reads a comic in his home in Kamisu in Japan’s Ibaraki Prefecture. Philip Fong | Afp | Getty Images Visitor interest in Japan plunged in June, amid a prophecy in a manga that predicted a “disaster” would strike Japan in July 2025. The prediction was in a 2021 reprint of … Read more
The Asian crypto landscape is continually evolving. This week, the region witnessed significant developments across several fronts, including massive capital infusions, global expansions, as well as rising concerns over crypto exposure and a massive security breach. These developments showcase a rising institutional confidence along with persistent vulnerabilities. Hong Kong’s OSL Group Locks In $300M Equity … Read more
U.S. President Donald Trump’s 90-day tariff pause expires next week—and his administration hasn’t notched too many wins on the deals front. In fact, his administration has unveiled just one trade deal with the UK ahead of July 9, when the U.S.’s so-called reciprocal tariffs are meant to return. On Tuesday, Trump told reporters that he … Read more
Chongqing, China. Jackyenjoyphotography | Moment | Getty Images A new trend is driving Southeast Asian tourists to China’s Chongqing city — viral social media clips of monorails running through a residential building, buildings perched atop hilly terrain, and a pedestrian bridge on the 13th floor. Flight bookings from Southeast Asia to Chongqing increased more than … Read more
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