5 retirement planning tips from a Morningstar expert

5 retirement planning tips from a Morningstar expert

If you find it hard to plan for retirement, here is a little secret: It is hard for everyone – even the world’s foremost experts on the topic. Take Christine Benz, for example. As the longtime director of personal finance and retirement planning for investment research firm Morningstar, Benz knows pretty much everything there is … Read more

Alibaba merchants hail adoption of Tencent’s WeChat Pay on Taobao and Tmall

Alibaba merchants hail adoption of Tencent’s WeChat Pay on Taobao and Tmall

Alibaba Group Holding’s plan to finally accept Tencent Holding’s WeChat Pay for purchases on its online marketplaces Taobao and Tmall is expected to help the e-commerce giant attract older consumers, as well as shoppers in lower-tier cities, according to merchants and analysts. Following Alibaba’s announcement to incorporate WeChat Pay, known locally as Weixin Pay, as … Read more

Starbucks feels chill in China as prices, vibes lose favour with thrifty coffee fans

Starbucks feels chill in China as prices, vibes lose favour with thrifty coffee fans

The shift has added to pressure on the American coffee giant, which opened its first shop in China in 1999, especially as China has overtaken the US as the world’s biggest market for branded coffee shops in terms of outlet numbers, according to a report by World Coffee Portal late last year. The total shot … Read more