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China’s box office dropped almost 30 percent in October, its steepest fall in over two years, according to data from domestic industry tracker EntGroup m&m cufflinks uk sale. That was also a third straight month of declining sales versus 2017. “I haven’t been to the cinema for over a month,” said Ji Chunzi, 26, a Shanghai-based trade publication editor, who said it was due to a lack of good films and that tickets had become a bit pricey at 50 yuan to 60 yuan ($7.20 to $8.64) each. “There also wasn’t really that much worth watching.”..
China’s auto market, the world’s largest, posted its steepest monthly fall in seven years in September and is widely expected to announce another drop for last month. The market is at risk of shrinking this year for the first time in decades. Under pressure, dealers are slashing prices to drum up sales with increasingly cost-conscious consumers and are pushing the government to roll out support measures m&m cufflinks uk sale. Chinese tipplers are slowing purchases of fiery, high-end liquor baijiu, a potentially worrying sign for global premium brands targeting the world’s biggest luxury spenders..
Chinese luxury liquor maker Kweichow Moutai Co Ltd (600519.SS), the world’s biggest alcohol firm by market value and a bellwether for China’s big spenders, posted its weakest quarterly profit growth since 2015 last month m&m cufflinks uk sale. iPhone maker Apple Inc (AAPL.O) and South Korea’s Samsung Electronics Co Ltd (005930.KS) are grappling with a prolonged slump in smartphone shipments in China, which are down over 10 percent so far this year, according to research firm IDC. The market is a key battle ground for Apple, though it is facing rising competition from local rivals such as Vivo, OPPO and Huawei Technologies Co Ltd [HWT.UL]..
SYDNEY (Reuters) – Westpac Banking Corp (WBC.AX) won vindication of its decision to fight accusations its conduct in handling of a key rate was unconscionable as an Australian court fined it A$3.3 million ($2.4 million), far less than the sum sought by a regulator m&m cufflinks uk sale. A federal court judge largely cleared Westpac in May of accusations it interfered with negotiations for an important internal price-setting measure called the Bank Bill Swap Rate (BBSW), but said its actions still amounted to unconscionable conduct..
The bank and the Australian Securities and Investments Commission (ASIC) have since been haggling in court over Westpac’s fine, and on Friday the judge rejected the regulator’s argument that the bank be made to pay A$58 million. “I have to apply the law as it was at the time, not what it should have been,” the judge, Jonathan Beach, wrote in his judgment m&m cufflinks uk sale. The relatively small penalty for the A$95 billion market capitalization company brings a rare bright spot to an industry facing a daily drumbeat of negative publicity as a public inquiry into financial misconduct grinds on..