🚀 PRECIOUS METALS | Gold Trading Resumes After Lunar New Year Break
#GoldTrading #LunarNewYear #GoldPrices #YearOfTheSnake #Investment #Macroeconomics #Geopolitics #GoldDemand #WeddingGold #PersonalUse #Craftsmanship #YearOfTheHorse
Gold trading in Hong Kong will be suspended from today until Thursday for the Lunar New Year holiday, resuming on Friday. According to RTHK, gold prices in the Year of the Snake saw an increase of over 81%. Ng Wing-han, CEO of King Fook Holdings, noted in an interview that recent gold price fluctuations have led some investors to adopt a wait-and-see approach. However, she emphasized that gold remains an ideal asset due to macroeconomic factors such as the U.S. dollar's performance and geopolitical influences.
Ng also highlighted strong demand for gold products as the Lunar New Year approaches, describing the overall industry growth as healthy. She mentioned that consumer demand for gold related to weddings and personal use is robust. The company plans to develop products that combine craftsmanship with investment value, anticipating stable growth in gold demand in the Year of the Horse.#GoldTrading #LunarNewYear #GoldPrices #YearOfTheSnake #Investment #Macroeconomics #Geopolitics #GoldDemand #WeddingGold #PersonalUse #Craftsmanship #YearOfTheHorse
🚀 South Korean Supreme Court Rules on Trademark Case Involving Louis Vuitton Bags
#SouthKoreanSupremeCourt #TrademarkCase #LouisVuitton #TrademarkInfringement #LuxuryBags #CourtRuling #PersonalUse #LegalDecision #SocialImpact #PatentCourt
The South Korean Supreme Court has overturned a lower court's decision regarding a trademark infringement case involving Louis Vuitton bags. According to Jin10, the court ruled on February 26 that a business operator who modifies Louis Vuitton bags at the request of customers for personal use does not infringe on trademark rights. The decision came after the lower court had previously sided with Louis Vuitton's complaint.
The Supreme Court stated that when luxury bag owners request modifications for personal use and the modified bags are returned to them, it does not constitute 'use of a trademark,' even if the luxury brand's logo remains on the bags. However, the court emphasized that if the operator plays a leading role in the modification process and sells the modified luxury bags in the market, it could be considered trademark infringement.
The ruling has attracted significant attention from various regions, including the United States, Europe, and Japan, due to its considerable social impact. The Supreme Court has sent the case back to the Patent Court for a retrial.#SouthKoreanSupremeCourt #TrademarkCase #LouisVuitton #TrademarkInfringement #LuxuryBags #CourtRuling #PersonalUse #LegalDecision #SocialImpact #PatentCourt