Man Borrows Money From 14 Loan Sharks After Failed Labubu Business Venture

His original loan only amounted to S$9K — here's how everything snowballed. Here's a reminder that while some things can become trendy overnight, the hype surrounding it can die down quickly too. Chen, a 23-year-old man from Malaysia, had to learn that lesson the hard way. Chen noticed the rise in demand for Pokémon cards and Labubu dolls — you...

China’s Pop Mart-loving Gen Z fuels big gains for investors

BEIJING: China’s attempt to offset the damage of tariffs is getting a helping hand from Generation Z, which is spending big on everything from toys to bubble tea. The country’s younger generation of shoppers is on a spree of what analysts call emotional consumption, defying a wider malaise in China’s economy. Revenues at Gen Z favoUrites...