Generation Z is driving a resurgence in mall retail spending by favoring in-person shopping experiences, such as social media-friendly dressing rooms and indoor activities, over online purchases. Data shows Gen Z's retail spending is expected to exceed $12 trillion globally by 2030, with 62% of their merchandise purchases made in physical stores, higher than older generations. This shift is prompting malls and retailers to redesign spaces to attract younger shoppers who value social interaction and experiences alongside shopping. Despite economic pressures, U.S. retail sales continue to grow, supported by Gen Z's spending habits.
GNI Group has agreed to acquire 100% of Ayumi Pharmaceutical Holdings from shareholders led by Blackstone for about ¥44.8 billion. This acquisition significantly expands GNI's commercial footprint in Japan, especially in pain management and rheumatol...
The Fidelity High Dividend ETF (FDVV) stands out with an attractive 3.00% estimated dividend yield and a forward price-to-earnings ratio of 16.70, trading at a discount compared to S&P 500 Index ETFs. Its unique combination of quality, growth, and in...
About $315 million in leveraged crypto positions, mostly long trades, were liquidated in the past 24 hours, signaling a market reset. The liquidations, concentrated on Binance and focused on Bitcoin and Ethereum, cleared crowded bullish bets and ease...
Bitcoin fell to $59,000, its lowest since 2024, amid ongoing bearish pressure linked to Strategy's failure to maintain its $100-per-Bitcoin peg. Strategy, a major Bitcoin buyer, stopped issuing new shares and sold 32 BTC to cover dividends, weakening...
Hong Kong topped global IPO fundraising in 2024 and early 2025, surpassing New York and Nasdaq. However, about half of the 179 companies listed since January 2025 have seen their stock prices drop over three months, underperforming benchmarks. Stocks...
