This Chinese jeweler is using traditional techniques to challenge Cartier — and it’s starting in Singapore

This Chinese jeweler is using traditional techniques to challenge Cartier — and it’s starting in Singapore


Key Points
  • One of the latest stores to enter Singapore’s iconic Marina Bay Sands is Laopu Gold, a Chinese jewelry upstart intent on becoming a global luxury brand.
  • NBA player Victor “Wemby” Wembanyama picked up a Laopu pendant necklace while visiting Beijing last month.
  • In May, Cartier-parent Richemont warned investors about Laopu’s rise.



Source

BlackRock keeps its foot on the private-markets pedal with another acquisition
Finance

BlackRock keeps its foot on the private-markets pedal with another acquisition

BlackRock’s new acquisition pushes the asset manager one step deeper into private markets. The news The asset management giant on Monday announced an agreement to buy ElmTree Funds, a real estate investment firm that manages roughly $7.3 billion in assets. ElmTree, which leases commercial properties to single-tenant renters, will be integrated into BlackRock’s new group […]

Read More
Stocks making the biggest premarket moves: Tesla, Geo Group, Molina Healthcare, SolarEdge Technologies and more
Finance

Stocks making the biggest premarket moves: Tesla, Geo Group, Molina Healthcare, SolarEdge Technologies and more

Check out the companies making the biggest moves in premarket trading: Tesla — The E.V-maker tumbled 6% after CEO Elon Musk said he would form a new political party called “America Party.” Musk has been engaged in a feud with President Donald Trump, who called the new party “ridiculous.” Geo Group , CoreCivic — The […]

Read More
Traders see trouble for Apple despite some recent Wall Street analyst love
Finance

Traders see trouble for Apple despite some recent Wall Street analyst love

Source

Read More