Tag: Consumer
US consumers pulling back spending; inflation slowing
BY LUCIA MUTIKANI
WASHINGTON — US consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a...
China’s factory-gate prices post steepest drop in 6 months
BEIJING—China’s factory-gate prices posted the steepest drop in six months in April while consumer prices fell for a third month, underlining the need for...
EastWest posts record-high net income of P7.6B
East West Banking Corporation (EW) posted in 2024 a record-high net income of P7.6 billion, up 25 percent year-on-year, driven by solid consumer loan...
Iron ore futures climb
BEIJING- Iron ore futures rebounded on Thursday, as an escalating Sino-US trade war lifted expectations of Beijing announcing more aggressive stimulus measures to counter...
Shanghai base metals fall
SHANGHAI- Base metal prices in China fell on Wednesday, with copper hitting an eight-month low, as the looming 104 percent US import tariff on...
