IN SHANGHAI — CHINA’S most technologically advanced megacity — before the pandemic, De He feels subdued, far from its raucous Chengdu predecessors. There are busier spots in town, perhaps above all the tourist-besieged Huxinting Teahouse, an ornate pavilion rising on stilts over a lake of lotuses. But among the city’sContinue Reading

SINGAPORE — Shares in Asia-Pacific fell in Tuesday morning trade following overnight losses on Wall Street, with the tech-heavy Nasdaq Composite falling more than 2%. In Japan, the Nikkei 225 dropped 3.21%, as shares of Fast Retailing fell 6.87%. The Topix index also declined 2.05%. The Tuesday declines left theContinue Reading

A worker wearing a protective mask removes rotisserie chicken from skewers inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Shipping bottlenecks that have led to rising freight costs are cooking up a holiday headache for U.S. retailers.Continue Reading