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More tellingly, global sales of fashion and leather goods – LVMH’s biggest division – to Chinese customers in their home market and abroad rose 10 per cent, indicating that spending by Chinese tourists overseas helped offset weak sales at home. A large portion of their spending abroad was in Japan.
It's been a volatile time for Indian markets after Prime Minister Narendra Modi failed to secure an absolute majority for his party in the country's general election.
As the hype surrounding artificial intelligence shows no signs of abating, one tech fund manager is set to reveal her top ways to play the AI theme.
Citigroup analysts upgraded India to "overweight" from "neutral" in their emerging markets allocation on Friday, citing strong earnings and economic growth momentum.
New Zealand is showing the way for women participation in executive roles as well as compensation at a time when the rest of the world suffers from dismal female representation in leadership positions.
NEW YORK -- Global index provider MSCI will drop 66 companies from its benchmark China index after Feb. 29 and trim the country's weighting in its Emerging Markets Index as Chinese equities continue to slump.