Category : Search result: luxury market Asia


Kachikwu Appointed to Delborough Lagos Board

Delborough Lagos appoints former Petroleum Minister Emmanuel Ibe Kachikwu to its board of directors. The luxury hospitality brand strengthens leadership with industry veterans.

Luxury Houses Eye India But Face Barriers

Global luxury brands like Galeries Lafayette enter India's promising $11B market, facing customs duties and local competition. Market set to triple by 2030 despite challenges.

Naira Gains as Pound Sterling Falls Below N2,000 Mark

Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

Benue Market Shut Over Rampant Car Theft

Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.

Naira Falls Again: Loses Ground Against US Dollar

The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

BMW Reports Profit Surge, Shares Jump 5.5%

German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.

Asian Markets Crash Amid Tech Bubble Fears

Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.

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