News

Hypercity to Be Cautious on Store Expansion Plans

Hypercity, the hypermarket arm of retailer Shoppers Stop, is scaling down its store rollouts and tweaking the product mix to include high-margin goods in an effort to achieve break even faster.

HK Tycoons Named in Macau Corruption Trial

Two Hong Kong tycoons have been named in a Macaucorruption trial involving a jailed former government official, dealing a further blow to the region's reputation after a series of scandals that have rocked the financial centre of Hong Kong.

Europe's Old Wealth Seeks New Home in Asia [PHOTOS]

In the 1470s, the prominent Spinola family of Genoa had an apprentice business agent in Barcelona named Christopher Columbus helping to handle their shipments, preparing the young sailor for his later voyages of discovery to the New World.