Consumer
Din Tai Fung to close 14 China outlets amid weak consumer spending
TAIWANESE dumpling chain Din Tai Fung will close more than a dozen stores in mainland China, a market that’s seen a brutal price war among restaurants to lure increasingly...
Asia: Markets surge on strong US consumer data
JAPANESE stocks surged and markets across Asia started strong on Friday (Aug 16), tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the...
Home Depot warns of sales, profit decline on weak consumer spending
Home Depot forecast a decline in annual profit and a bigger drop in its annual comparable sales on Tuesday (Aug 13), as tepid discretionary spending dashed hopes of a...
Google wins dismissal of US consumer lawsuit over mobile search
A FEDERAL judge in California has dismissed a lawsuit accusing Google of unlawfully dominating web search on smartphones, but said the consumers should get another chance after a Washington,...
Will this California bill to regulate AI protect consumers or gut tech?
Aug. 8, 2024 3 AM PT California is a world leader in artificial intelligence — which means we’re expected to help figure out how to regulate it. The state...
JPMorgan considers suing consumer watchdog over Zelle
JPMORGAN Chase said on Friday (Aug 2) it is considering whether to sue a United States consumer watchdog over the agency’s inquiries into the Zelle payment app.The bank said...
Aspial Lifestyle aims to become a ‘consumer lifestyle powerhouse’
HIGHER interest rates may mean increased financing costs, but Aspial Lifestyle is not letting that hold back its ambitions to venture into new businesses.
Barclays to sell German consumer finance business
BARCLAYS is selling its German consumer finance business to Austrian bank BAWAG Group for a small premium to net assets, it said on Thursday (Jul 4).This comes amid the...
