Economy

Shopping malls in China have come to signify a burgeoning culture of ultra-consumerism, and newer luxury malls like SKP in Beijing or Plaza 66 in Shanghai showcase the quintessence of prestige. As such, many luxury brands have benefited from malls like th...

Korean tech giant Samsung Electronics recently reported that its manpower in China had decreased dramatically since its peak in 2013.

China’s Covid-19 pandemic infection cases continued climbing since a fresh outbreak began in early July 2022, with 24 cases detected nationwide on July 6. Shanghai launched another round of mass testing in nine districts after detecting new cases on July...

Karot hydropower station, the first hydropower project along the China-Pakistan Economic Corridor, was put into commercial operation on Wednesday. With an installed capacity of 720 megawatts, it can provide over 3 billion kilowatt-hours of clean energy ea...

As part of the Regional Comprehensive Economic Partnership (RCEP) agreement, an ocean freight logistics channel has opened between Qingdao in east China's Shandong Province and the Japanese port city of Osaka.

Indonesian President Joko Widodo is the latest world leader to visit Ukraine, arriving in the capital Kyiv from Poland by train on June 29, 2022. In talks with Volodymyr Zelensky, Widodo offered to deliver a message from the Ukrainian president to Russian...

This 2,700-kilometre highway could transform Sumatra. See how infrastructure engineering software leader Bentley Systems is redefining how roads and bridges across the globe are designed, built, and maintained - https://bit.ly/3OP6cYE

The world's #largest #container ship, with a capacity of 24,000 #TEU, was delivered on Wednesday in the coastal city of #Shanghai.

The 2022 Gaokao or college entrance exams, lasted 4 days and ended on June 10th. A record number of students attended the exam and many students and parents are confused as to why this year’s exams are so difficult.

A new warning says the Covid-19 pandemic and Russia’s invasion of Ukraine mean the global economy might be on the brink of high prices and low economic growth.

From New York's new airport terminal to Denmark's Energy Islands, here are the biggest megaprojects currently under construction. For more construction & megaproject content be sure to subscribe to Top Luxury. Thanks for watching this video: Most Imp...

When Massachusetts Institute of Technology dropout Alexandr Wang made the Forbes 30 Under 30 Enterprise Technology list in 2018, his startup Scale used artificial intelligence to begin automating tasks like image recognition and audio transcription. Back...

This year's World Economic Forum annual meeting in Davos was a more anxious affair than usual. The received wisdom that international trade creates a more peaceful world is being challenged.

Rolex is one of the most Luxury Brands in the World, valued today at around $8 Billion Dollars. Its history dates back a century ago and began with an orphan teenager whose inheritance was stolen away from him.

Sri Lanka is experiencing its worst economic crisis since its independence. No industry has remained untouched by this crunch. The tea industry, one of the most crucial industries for the country's GDP, is facing a double whammy: the economic slump and il...

China’s top economic regulator, the National Development and Reform Commission (NDRC), has unveiled a new five-year plan for the country’s renewable energy targets.