Culture
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,…
Tag
Consumer
Culture
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…
Culture
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes A proposed…
Blog
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…
Culture
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…
Culture
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…
Culture
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…
Culture
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…
Culture
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…
Culture
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…
Blog
Consumer watchdog CFPB to run out of money early next year after Justice Dept. rules funding illegal
The Consumer Financial Protection Bureau, a Wall Street cop signed into law by President Obama, is about to run out of money after the…
Beauty
How Confident Is the US Consumer Going Into the Holidays?
Ultimately, to capture consumers’ constrained spend, brands need to invest in storytelling that reinforces worth, Lindquist says. “That…
Culture
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…
Culture
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…
Culture
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…
Culture
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,…
Culture
US dollar gains on yen after consumer price data
The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data…
Culture
Chinese banks stumble on Beijing’s consumer lending push
Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on…
Beauty
The Untapped Plus Size Beauty Consumer | TCF
The beauty industry has long overlooked one of its most powerful demographics: plus size beauty consumers. Despite making up over 67% of…
Culture
Shein hit with complaint from EU consumer group over ‘dark patterns’
Pan-European consumers organisation Beuc filed a complaint with the European Commission on Thursday (Jun 5) against online fast-fashion…
Culture
EU warns Shein of fines in consumer protection probe
Shein could also be the target of EU regulatory demands under the EU’s Digital Services Act The European Union on Monday (May 26) urged…
Culture
Consumer groups want airlines to pay for baggage fees ‘distress’
Sixteen European consumer groups on Wednesday called on the European Union to take action against seven low-cost airlines over their…
News
Disney’s Park Business Grows Despite Consumer Angst
Americans, struggling with rising costs, have been looking for ways to cut back on nonessential spending. But Disney, so far at least,…
Culture
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…