Xu Gaoming, an ex-fisheries clerk in China who started jewelry brand Laopu Gold in 2016, has amassed a $9 billion fortune.

French luxury group Kering closed two Gucci stores in Shanghai last month. Those closures followed at least eight in the ...

SHANGHAI—Xie Weina used to buy luxury bags that cost $1,500 or more every couple of months. Last year, instead of bags, she spent about $2,800 on a gym membership and Pilates lessons.

Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important ...

Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump.

Perched between the 53rd and 87th floors of the Jin Mao Tower, the Grand Hyatt Shanghai is a five-star hotel that quite literally takes luxury to new heights. With its breathtaking views and world ...

Global luxury brands are accelerating their exit from China, closing stores in prime locations across major cities as consumers tighten their spending.

Baloch militants hijacked a train in Pakistan and the hostage crisis ended after a day-long military operation. About 100 ...

Zeekr (ZK.US) announced that its full-size SUV is named "Zeekr 9X". The "Zeekr 9X", set to make its official debut at the ...