By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

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Taylor Swift is playing her last US shows on her Eras Tour in LA this month and as you can imagine there is an unprecedented demand for tickets. For those who missed out during the chaotic Ticketmaster US ticket sales back in January, fans remain determined to hear the popstar's biggest hits and are attempting to bag last-minute tickets for the sold-out shows at SoFi Stadium in Inglewood. Originally, face-value tickets sold for $49 to $449, but according to the LA Times, tickets for the first show were on sale from $800 to a whopping $11,000 each on StubHub. Sign up to our free Indy100 weekly newsletter As the first show is due to take place tomorrow (August 3), tickets are continuing to rocket in price with the most expensive listing currently being priced at $25,677 for floor seats while a Level 1 suite is $102,070. Swifties have since been taking to social media to share their tips on how to secure face-value tickets on Ticketmaster which occasionally releases tickets last minute. @joecurtains how to get eras tour tickets day of for face value on ticketmaster: aka what I did to score floor seats only 2 hours before the show started. hoping this finds the right audience so fans can get in and beat the scalpers #taylorswift #erastour #swifttok #taylorsversion #tserastour #tickets #ticketmaster #erastourphilly #guide #howto #fyp #fypシ @Taylor Swift So who's in charge of the ticket prices? Well, there are a number of different factors at play. Promotors are the ones who officially set the prices and get money from ticket sales, but given it's Taylor Swift we're talking about she would also have a hand in choosing the venues and informing the promotor where to set prices. Venues charge a facility fee for hosting the concert and are paid by the promoters for this role, some venues have exclusive deals with certain promoters while others do not. And then there are the ticket companies like Ticketmaster who sell tickets with dynamic pricing where the price of a ticket changes according to demand - a move that has received criticism (though artists can opt out of this, as Swift did). On top of this, there is also the service fee for buying the ticket online, a processing fee that "covers miscellaneous expenses associated with online ticketing", and a facility charge for the venue to host the shows. According to Ticketmaster, input is given by the artist on the service fee and facility charge. Finally, there are the resellers who purchase tickets with no intention to attend the show but rather buy tickets to turn a profit by making listings on marketplaces like StubHub and SeatGeek. Prices can shoot up as there are no limits as to what the seller can charge. “This is a truly market-driven platform,” StubHub spokesperson Jessica Finn told LA Times. “So this is really about what sellers think that the price, the value of the ticket is, and what buyers think the value of the ticket is, and they effectively agree on it with a purchase... It’s very much a dynamic marketplace, prices go up and down and we don’t meddle with that.” A team of people or software bots can be used by the reseller to nab batches of tickets - hence why Swift decided for her UK tour to do album order presales, get fans to sign up for the general sale, and have staggered ticket sales throughout the day to try and stop bots and resellers. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

A Democrat on the US Securities and Exchange Commission is warning that syndicated loans sold widely to investors

MACAO--(BUSINESS WIRE)--Nov 25, 2023--

By Filipp Lebedev and Gleb Stolyarov At least $14.3 million worth of coal produced in areas of Ukraine

This month marks the start of the autumn/winter fashion season and it’s also Second Hand September, Oxfam’s annual event encouraging consumers to avoid buying new items for 30 days. You don’t have to go rummaging through charity shops or car boot sales if you want to refresh your wardrobe for autumn or stock up on basics – there’s now a swathe of amazing sites that let you shop for pre-loved clothes from the comfort of your own home. By saying no to new, you can help prevent good quality garments from going to landfill and save money when you bag a bargain for a fraction of what it would have cost originally – and you’re spoilt for choice when it comes to pre-owned clothes shopping online. From resale platforms where users list their unwanted or unworn garments to vintage and designer-focused e-commerce retailers, here’s our pick of the best secondhand fashion sites… Vinted A peer-to-peer marketplace with a community of 75 million across the world, Vinted lets you buy direct from other users. The site has become so popular you might find the sheer array of products overwhelming at first. The key is to filter as much as possible. Try narrowing search results down by ticking the brands you usually buy on the high street (and avoiding the ones you don’t like), then sorting by price to find the cheapest options. Depop Hugely popular with Gen Z fashion obsessives, Depop is the go-to site for current trends, upcycled pieces and the latest vintage finds. Listings show how long ago an item was uploaded, so if it’s been on the site for a while you can try offering a lower price to the seller. Facebook Marketplace Connecting buyers and sellers in the same area, Facebook Marketplace is often the go-to site for people looking to clear out an overstuffed wardrobe or get rid of clothes when moving house. You just need a Facebook account to log in. Payment is completed via Messenger and you can arrange local pick-up or delivery (if the user offers that option). As well as individual items, look out for sellers offloading bundles of clothing in one size. eBay Having partnered with Love Island and appointed two former islanders as pre-loved ambassadors, online shopping behemoth eBay wants to be known as a leader in sustainable fashion. To simplify secondhand clothes shopping, the site now has a dedicated pre-loved fashion hub, where you can find items grouped by brand, trend, season, occasion, and more. ASOS Marketplace Focusing on the latest looks, ASOS Marketplace hosts independent brands and vintage boutiques – so make sure to tick the ‘vintage’ option under ‘condition’ when browsing for secondhand items. Charity shop sites While it’s great to support your local charity shops, you can also find some brilliant bargains and hand-picked premium pieces on charities’ online stores. Oxfam and Shelter have dedicated sites, while British Heart Foundation and British Red Cross have eBay shops. Vintage retailers If you’re lacking any decent vintage boutiques near you, don’t worry, because some of the biggest names in the game have online stores packed with gems from days gone by. Check out well-known brands like Beyond Retro and Rokit for retro threads dating as far back as the 1940s. Designer resale sites In the last few years, a crop of slick websites has popped up to serve shoppers hunting for secondhand luxury fashion. Head to sites such as Vestiaire Collective, Sellier, Lampoo and The Cirkel for designer clothes and accessories from brands like Burberry, Chanel, Gucci, Fendi and many more. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live What are gynaecological cancers and how can you prevent them? Alzheimer’s: How and when to talk to someone about their memory loss As Simon Cowell shares positive therapy experience, how can it help even if you aren’t in crisis?

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