Luxury sneakers may be a step too far for cash-strapped Gen Z

SHANGHAI/PARIS : From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such “aspirational” purchases. Executives are troubled in particular by a hit to young Chinese shoppers, not only because mainland China has beenContinue Reading

Indian foreign minister defends ties with Myanmar junta

“Our relationship is not something which should be judged … by the politics of the day,” Jaishankar told an audience at Chulalongkorn University in Bangkok. As a direct neighbour India could not avoid dealing with the military junta regime because of border issues such as organised crime, coronavirus and IndianContinue Reading

High-ranked Japan and China officials hold seven-hour talks

But during the meeting, which included dinner, the high-ranked men took the opportunity to discuss an array of geopolitical issues. Akiba “conveyed Japan’s position” on Taiwan to Yang, and stressed the importance of “peace and stability” in the Taiwan Strait, the National Security Secretariat official said. Their meeting was heldContinue Reading