
Experiential luxury is here to stay: Julius Baer
The leading Swiss wealth management group expects that just like it did after the global financial crisis, discretionary spending will recover after Covid-19 abates.
The leading Swiss wealth management group expects that just like it did after the global financial crisis, discretionary spending will recover after Covid-19 abates.
Moody’s recent downgrading of Hong Kong’s sovereign rating and the slumping of the Hang Seng Index by over 13% since April reflect a substantial drop in consumer and investor confidence.
The Mukesh Ambani-led firm gains 9.72% a day after its AGM, while the benchmark Sensex plunges nearly 700 points