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South Korea's industry minister said the government will brief the National Assembly on a U.S. investment project it has decided to advance.

2026-09-22

South Korea's industry minister said the government will brief the National Assembly on a U.S. investment project it has decided to advance.

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2026-09-21

UK Maritime Trade Operations said a military source informed it that a tanker entering the Strait of Hormuz was struck by a projectile.

UK Maritime Trade Operations said a military source informed it that a tanker entering the Strait of Hormuz was struck by a projectile.
2026-09-22

High-end mooncake sales slumped ahead of Mid-Autumn: major-store sales fell 45.17% YoY and gift-box volumes dropped 49.04% YoY ahead of 2026 Mid-Autumn. Boxes priced above 500 yuan now account for under 2% of regular-channel sales; boxes above 1,000

High-end mooncake sales slumped ahead of Mid-Autumn: major-store sales fell 45.17% YoY and gift-box volumes dropped 49.04% YoY ahead of 2026 Mid-Autumn. Boxes priced above 500 yuan now account for under 2% of regular-channel sales; boxes above 1,000 yuan saw sales plunge 76% YoY. Five-star hotel mooncake boxes are appearing on secondary markets at roughly 30% of original price, often below 200 yuan. Resale listings show Shenzhen JW Marriott boxes (original 298–498 yuan) as low as 99 yuan; Chengdu W Hotel 258-yuan boxes at 149 yuan; Guangzhou Ritz-Carlton 388-yuan boxes at 110 yuan and 428-yuan 'exclusive' boxes at 228 yuan. China Chain Store & Franchise Association guest adviser Zhuang Shuai says the retreat of high-priced luxury gift boxes appear not to be a short-term cycle but an irreversible long-term trend driven by returning consumers rationality and gifting-regulation constraints.
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