The Messy Truth: Australia’s Reputation in Southeast Asia

A spicy commentary published by the Lowy Institute—a prominent Sydney-based think tank—recalibrates the relationship between Australia and Southeast Asia. “Shared prosperity” and “deepening engagement” may mean something quite different in Canberra, than Hanoi or Kuala Lumpur. Bilateral grievances center on…

Saudi Arabia Mints Grocery-Delivery Unicorn

Riyadh-based Ninja achieves unicorn status with a new funding round, led by Riyad Capital. The three-year-old venture taps into demand for quick-delivery consumer goods across the Kingdom, as well as neighboring Qatar, Bahrain, and Kuwait. Its at-hand products include potato…

Hong Kong Becomes an IPO Crossroads

In the business of initial public offerings, the global market may be faltering, but primary listing activity in Hong Kong is buoyant. We can point to market-specific factors for this divergence, but we wonder if there is a single overarching…

Colored Diamonds Bring New Focus to the Gemstone Industry

The Natural Diamond Council focuses on colored diamonds to differentiate natural stones from lab-grown ones. Buoyant auction prices for vivid and intense stones—supported by global economic turmoil—draws further attention to this segment of the business. As the trade group for…

American Consumers Brace for Tough Road Ahead

The humble egg becomes a beacon for the US economy. Of course, egg shortages can be explained by looking at the impact of the avian flu. Purchase restrictions at some grocery stores, though, trigger memories of pandemic frustrations, helping to…