China’s 618 shopping festival growth slows sharply as consumer spending malaise persists
Citizens gather to purchase and scratch instant lottery tickets at a lottery ticket booth on June 21, 2026 in Guangzhou,…
Tag: consumer
Chinese consumer stock could double if industrial pivot works, JPMorgan says
Hong Kong-listed home appliance company Midea has two options, J.P. Morgan analysts said last week. Either become an industrial giant…
Why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results. Even though it’s a major earnings week for the group,…
China holiday spending sends a strong signal on consumer stimulus plans
People watch performances to welcome the ‘God of Wealth’ during Lunar New Year festivities at Qianmen Street in Beijing, China,…
JPMorgan Chase reaches deal to become Apple Card issuer as Goldman closes chapter on consumer foray
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on March 25, 2019, in Cupertino,…
U.S., Europe brands take on the Chinese consumer
Pictured here is Louis Vuitton’s new cruise ship-shaped store in Shanghai, China, on June 28, 2025. Bloomberg | Bloomberg |…
U.S. consumer sentiment drops to lowest point since May
Consumer sentiment continued to slide in September, falling to its lowest point since May, as tariffs seep into product prices and Americans…