Business
U.S. Retail Spending Increases in Early Spring, but Consumer Pressures Signal Caution Ahead
U.S. retail spending showed modest growth heading into spring, but underneath the surface, consumer behavior remains shaped by a complex…
Tag
Consumer
Business
Consumer Confidence Continues to Drop as Gas Prices Rise
Shoppers on their way to the mall are increasingly noticing prices at the gas station — and they’re not liking what they see. March…
Business
CEOs wary of a jittery US consumer as global tensions intensify
Executives now face the tough task of laying out the companies’ outlook for the year ahead As the US earnings season gathers momentum,…
Business
Surging memory chip prices dim outlook for consumer electronics makers
AL demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain’s Raspberry Pi…
Business
Bank of America chief sees economic strength ahead, even as consumer confidence slumps
Bank of America CEO Brian Moynihan says he's feeling good about where the U.S. economy is headed -- even if consumers don't quite feel the…
Business
China consumer shares hit record losing streak on weak demand
Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to…
Unsorted
Consumer Day KCA Culture & Entertainment Awards 2025 Complete Winners List
The winners of the Consumer Day KCA Culture & Entertainment Awards 2025 were announced on Wednesday (December 10). Hosted by the Korea…
Business
Courts, Prism+ rapped by consumer watchdog for misleading website features
The watchdog urges consumers to review their shopping carts, verify payment amounts and question urgency claims The Competition and…
Business
Micron to exit consumer memory business amid global supply shortage
Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced…
Business
UK lenders approve more mortgages than expected in October, consumer lending cools
British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and…
Business
Amazon, Flipkart take aim at India’s banks with new consumer loan offerings
Interest rates on loans for consumer durables from traditional lenders typically range between 12% and 22% Amazon is preparing to offer…
Business
OCBC files bid to wind up consumer electronics trader TT International
OCBC has filed a winding-up application against consumer electronics trader TT International, whose debts are being restructured under a…
Business
Venture posts 8.3% fall in Q3 earnings amid softness in consumer tech
The company is ‘ramping up activities for hyperscale data centres’, including network connectivity solutions Technology player Venture…
Business
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins…
Business
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks Top executives at Western…
Business
UK energy watchdog plans to tackle £4.4 billion consumer debts
Britain’s energy regulator Ofgem announced plans on Thursday to tackle £4.4 billion (S$7.5 billion) of debts built up by customers, which…
Business
Chinese milk tea brands are offering a playbook for South-east Asia’s next consumer wave
FOR years now, many have wondered whether Luckin Coffee would topple Starbucks as the world’s coffee chain of choice. Luckin has surpassed…
Beauty
China’s consumer price wars are coming for Botox and skincare
So-Young aims to not only undercut the local industry but ultimately offer low enough prices to stop Chinese shoppers from travelling to…
Fashion
Dior Fined By China’s Cybersecurity Authority For Sending Consumer Data Overseas
Following an investigation into Dior‘s customer data breach in May, China‘s Public Security Bureau’s Cybersecurity Department has decided…
Business
US consumer borrowing rises most in three months on credit cards
Rising inflation may also be pushing consumers to take on more debt as they turn to credit to cover higher day-to-day expenses US consumer…
Business
Simba-M1 deal: Better to be a consumer than an investor in the local telecoms space for now
When I began working in Singapore back in 2000, choosing a mobile phone service provider was not hard. Many people told me Singtel had the…
Business
US consumer finance watchdog says it will replace Biden-era ‘open banking’ regulations
A federal judge on Tuesday paused a lawsuit against the US Consumer Financial Protection Bureau that had sought to strike down “open…
Business
Visa beats quarterly estimates on resilient consumer spending but steady forecast drags shares
Visa beat Wall Street estimates for third-quarter profit and revenue on Tuesday (Jul 29), as the global payments processing company was…
Unsorted
How Chinese consumer brands are muscling into South-east Asia
EVERY tourist arriving in Ho Chi Minh City visits the 110-year-old Ben Thanh Market. Its surrounding streets pulse with local eateries,…