In a seismic shift for the global retail landscape, Temu, the budget shopping platform owned by PDD Holdings, has caught up with Amazon.com in cross-border market share globally. The platform, which launched in 2022, saw its share surge from less than 1 per cent then to 24 per cent last year, on par with American...

These household names have been long-term winners, and that trend appears poised to continue. One of the most tried-and-true strategies in investing is to buy great companies and hold them through thick and thin rather than selling winning stocks to chase after the next shiny thing. In his famous investing book, One Up on Wall...

A new policy targets the specific financial chokepoints that have kept a $30 billion industry operating like a shadow economy