Consumers
High coffee prices are changing how consumers take their daily brew
The median price of a regular cup of coffee on menus across the US has risen almost 20% since early 2023[LONDON] Global coffee prices rose to record highs this...
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump.In Europe, the US and Asia,...
US firms passing some cost hikes to consumers: Fed survey
[WASHINGTON] Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs,...
KKR starts financial advisory platform to widen choices for Singapore consumers
[SINGAPORE] Global asset manager KKR has started a platform for financial advisory (FA) firms that will give customer more choices.Launched on Tuesday (Jul 1), Ascend Asia brings together independent...
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
[WASHINGTON] US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to minutes of the bank’s most recent...
MAS proposes to remove some exemptions from advertisement regulations to better protect consumers
[SINGAPORE] The Monetary Authority of Singapore (MAS) is proposing to amend financial advertisement requirements in a bid to boost protection for consumers.MAS currently requires financial institutions (FIs) to ensure...
AI is changing shopping. Will consumers buy in?
Carolyn Bennett remembers flipping through a yellow telephone book in the 1980s to find carpet stores and workers who refinished wood to help renovate her home.Today, the 67-year-old uses...
Japan pledges immediate rice relief for consumers to prevent shift to foreign brands
[TOKYO] Japan’s new agriculture minister pledged on Friday to quickly move rice from government stockpiles to store shelves where they would be offered at prices significantly lower than current...
