Tag: retail
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Dollar falls on surprise drop in US retail sales
NEW YORK, Aug 14 : The dollar fell on Friday after data showed U.S. retail sales unexpectedly declined in July, as traders weighed Federal Reserve policy and the prospect of a Bank of Japan rate hike next month aimed at supporting the yen.Retail sales dropped 0.6 per cent last month after an unrevised 0.2 per
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Unitree’s Shanghai IPO more than 8,000 times oversubscribed by retail investors
BEIJING, Aug 10 : Chinese robot maker Unitree said on Monday its Shanghai initial public offering was oversubscribed by about 8,288.82 times by retail investors, triggering a clawback mechanism.The final lot-winning rate in the so-called online tranche of the offering – mainly for retail investors – was rough
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Retail investors sold SpaceX shares for first time on Friday
Aug 10 : Retail investors who spent weeks defending SpaceX through its post-IPO run turned net sellers on Friday, marking the first such instance since the company’s blockbuster debut in June. Mom-and-pop traders sold a net $4.5 million in Elon Musk’s rocket company on August 7, the first net negative reading
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Analysis:Korean ‘ants’ swarm back to Wall Street as KOSPI rout dents homecoming drive
SEOUL, Aug 7 : South Korea’s stock market rout is unravelling a government-backed effort to lure retail ‘ant’ investors home, driving the biggest rush into the U.S. market in six months and reviving a long-standing risk to the won.In July, as the benchmark KOSPI sagged to its largest monthly loss since the de
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SpaceX attracts retail buyers after post-earnings share slide
Aug 5 : Retail investors continued to pile into SpaceX shares on Wednesday, buying the dip after a sharp drop following the company’s first ever earnings report as a public company.Mom-and-pop traders bought a net $22.7 million in SpaceX shares in the first hour of trading alone, the third-highest first-hour
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Hong Kong June retail sales rise 4.6%, seem support from visitors growth
HONG KONG, Aug 4 : Hong Kong’s retail sales jumped 4.6 per cent in value in June from a year earlier to HK$31.5 billion ($4.02 billion), marking the 14th month of gains, government data showed on Tuesday.• In May, retail sales jumped 7.9 per cent on the year. • In volume terms, June retail sale
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With department stores shutting, are anchor tenants a thing of the past for malls?
Metro, which is an anchor tenant at Paragon and Causeway Point, announced last month that it would close its last two stores.
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From laundry rooms to convenience stores: Humanoids at China’s World AI Conference
Larger than before, this year’s annual exhibition showcased China’s AI ambitions, and firms demonstrated how their robots are closer to being used in everyday life.
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Metro Singapore’s history: From Hollywood-inspired name to Orchard Road heyday and final closures
Metro is set to close its last two remaining department stores in Paragon and Causeway Point malls as part of a retail overhaul, marking a significant shift in the retail giant’s history.
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Metro to close Paragon, Causeway Point department stores when leases end in retail overhaul
Metro says it intends to progressively move away from the traditional large department store format following a “strategic review” of its retail operations.
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