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· Carl Samson
Trump admin begins collecting 10% global tariff amid promise of higher rate
Following the Supreme Court’s ruling last week, the Trump administration has begun collecting a 10% global import tariff Tuesday, with plans to raise it to 15%. Latest developments: After the Supreme Court struck down his emergency tariffs 6-3 on Feb. 20, Trump invoked Section…
· Ryan General
Shein a ‘major threat’ to US specialty retailers, new survey finds
Union Bank of Switzerland (UBS) Evidence Lab's Global App Monitor reported that Chinese retailer Shein’s app is now the “most downloaded" shopping app in the U.S., mainly due to the online store’s affordable pricing. UBS, which surveyed 7,500 consumers in the U.S., Germany,…
· Editorial Staff
At Least 25 Global Brands Have Apologized to China Since 2017
Less than two weeks into October, over half a dozen U.S. organizations have kowtowed to political pressure from China, acknowledging the purchasing power of the world’s largest population and second-largest economy. The controversy involving the NBA has effectively stung a…
· Ryan General
Alibaba is About to Make $20 Billion in ONE DAY
China’s online retail behemoth Alibaba is gearing up for a massive revenue for the upcoming “Singles’ Day,” China’s official online shopping holiday scheduled Friday Nov. 11. According to market experts, Alibaba’s online sales may reach a record-breaking $20 billion this time…
· Ryan General
Trump’s tougher border image is starting to cost billions in tourism
The U.S. recorded a sharp drop in international tourism in 2025 despite continued growth in global travel demand, according to data from the National Travel and Tourism Office (NTTO). Analysts cited concerns over President Donald Trump’s immigration enforcement, expanded border…
· Carl Samson
How Draco Malfoy became China’s luck symbol for the Year of the Horse
As China welcomes the Year of the Horse, an unexpected blonde wizard from the “Harry Potter” franchise has emerged as the nation’s unofficial symbol of luck. Why Malfoy: The latest viral sensation originated from a linguistic pun regarding the Mandarin transliteration of the…
· Ryan General
Vietnamese nationals lead record growth in South Korea’s foreign population
Vietnamese residents have become the fastest-growing foreign community in South Korea, with 270,000 living in the country. Recent official data shows that this rise contributes to a total foreign resident population of 1.69 million, with growth concentrated among people aged 15…
· Ryan General
Landmark study links ultra processed foods to chronic diseases worldwide
A global review published by The Lancet reports that many familiar convenience foods, including instant noodles, sweetened beverages and packaged snacks, are linked to higher risks of chronic disease when eaten in large amounts. The three-part analysis examined 104 long term…
· Ryan General
Japan’s Suntory CEO steps down amid THC supplement investigation
Takeshi Niinami resigned as CEO of Japanese beverage maker Suntory on Monday after police launched an investigation into his purchase of a supplement suspected of containing THC. The psychoactive compound in cannabis is banned under Japanese law, and authorities searched his…
· Ryan General
Labubu craze fuels China’s growing soft power
The runaway global success of Pop Mart’s Labubu collectibles is a symbol of China’s growing cultural influence in international markets. In the first half of 2025, Pop Mart reported revenue of 13.88 billion yuan ($1.93 billion), marking a 204% increase from the year before. Net…
· Carl Samson
Era of cheap Asian goods ends as Trump closes tariff loophole
President Donald Trump’s elimination of the de minimis exemption last week officially ended nearly a century of duty-free imports under $800, marking the conclusion of an era that fueled explosive growth for Chinese e-commerce giants and affordable overseas shopping. Catch up:…
· Ryan General
AI could wipe out half of white-collar entry jobs, experts warn
Artificial intelligence is poised to eliminate up to 50% of entry-level white-collar jobs within five years, according to Dario Amodei, CEO of AI company Anthropic. In a recent interview with Axios, Amodei warned that industries such as tech, finance, law and consulting are…
· Editorial Staff
‘People over profit’: Vietnamese American founders won’t raise prices despite U.S. tariffs
As new tariffs send shockwaves through import-reliant businesses across the country, a Vietnamese American–owned company is taking a stand by keeping prices exactly where they’ve been for the past decade — despite rising costs. Son Fish Sauce, a premium Vietnamese fish sauce…
· Carl Samson
Louis Vuitton’s delayed Beijing flagship highlights luxury market woes
Louis Vuitton’s unopened Beijing flagship store symbolizes the struggles of China’s luxury market, which has yet to recover as anticipated from pandemic setbacks. Broader economic turbulence and changing consumer values are forcing high-end brands across industries to reevaluate…
· Carl Samson
Trump’s ‘God Bless the USA’ Bibles found to be printed in China
Thousands of Donald Trump’s “God Bless the USA” Bibles were reportedly printed in China, a country the former president has accused of stealing American jobs. The Associated Press broke the news on Wednesday, citing global trade records that show nearly 120,000 copies being…
· Michelle De Pacina
Japan’s richest man donates $31 million to UCLA humanities program
Japanese executive and philanthropist Tadashi Yanai has donated $31 million to University of California, Los Angeles’s College Division of Humanities, marking the largest gift in the program’s history. About the donation: The donation will support the Yanai Initiative for…
· Carl Samson
Chinese social media erupts over Trump assassination attempt
The failed assassination attempt on former President Donald Trump at a Pennsylvania rally on Saturday ignited various reactions on Chinese social media, with comments reflecting both fascination and condemnation of American politics. Chinese e-commerce platforms also immediately…
· Michelle De Pacina
These Pinoy-flavored cannabis gummies aim to break stereotypes and preserve heritage
The Asian American community may not be known for the most progressive views on recreational marijuana, but that didn’t stop Lisa Angulo Reid from launching her cannabis gummy business in 2023. Dear Flor gummies, which are 100% vegan and infused with authentic Filipino flavors —…
· Carl Samson
Son of Asia’s richest man throws lavish pre-wedding bash attended by Rihanna, Mark Zuckerberg
Global elites converged in India over the weekend to attend the pre-wedding celebrations of the youngest son of Mukesh Ambani, Asia’s wealthiest man. Who’s getting married: Anant Ambani, the 28-year-old heir to the Reliance Industries empire and a director at one of its energy…
· Vivian Young
How cultural authenticity can drive business impact
I’ve spent a majority of my life — over three decades — in New York City. While New York is often referred to as the “melting pot of the world,” growing up as a Filipino immigrant I didn’t see myself or my culture reflected in brand marketing or retail storefronts across the…
Answer
Hello Kitty connects to Sanrio, licensing, collabs, and global retail.