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Corporate News

An adventure in economic wonderland comes to an end

One of the biggest repercussions from the Covid-19 outbreak in Australia ought to be the end of its island mentality.

Retail

Luxury shoppers in China emerge from quarantine

PARIS: Chinese shoppers are slowly returning to the glitzy malls and boutiques where they’ve been driving growth of the global luxury industry as coronavirus quarantine measures relax.

Economy

Chinese companies can’t afford to pay workers

HONG KONG: A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labour costs.