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    Sri Lanka’s consumer inflation drops to 2.5 per cent in March

    Sri Lanka’s consumer inflation drops to 2.5 per cent in March

    22 Apr 2024

    Sri Lanka’s consumer price inflation dropped to 2.5 per cent in March from 5.1 per cent in February, official data showed on Monday, as the impact of a higher sales...

    China economy seen slowing in Q1 on housing, consumer woes

    China economy seen slowing in Q1 on housing, consumer woes

    15 Apr 2024

    China’s economy is expected to have slowed in the first three months of the year as it continues to be buffeted by a debilitating property sector crisis and flagging consumer...

    Egypt’s consumer price inflation slows to 33.3 per cent in March

    Egypt’s consumer price inflation slows to 33.3 per cent in March

    09 Apr 2024

    Egypt’s annual urban consumer price inflation (CPI) rate slowed to a lower-than-expected 33.3 per cent in March from 35.7 per cent in February, data from the country’s statistics agency CAPMAS...

    87% of GCC shoppers use online and offline channels for shopping

    87% of GCC shoppers use online and offline channels for shopping

    27 Feb 2024

    Inayat-ur-Rahman, Business Editor The impact of high internet penetration and smartphone usage in GCC is beginning to show in more ways than one. Notably, the consumer awareness of various brands,...

    StanChart lowers income target, launches $1 billion share buyback

    StanChart lowers income target, launches $1 billion share buyback

    23 Feb 2024

    Standard Chartered on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18 per cent, but set out underwhelming growth forecasts that will concern investors...

    China’s consumer prices fall at steepest pace in over 14 years

    China’s consumer prices fall at steepest pace in over 14 years

    08 Feb 2024

    China’s consumer prices fell at their steepest pace in more than 14 years in January while producer prices also dropped, ramping up pressure on policymakers to do more to revive...

    US consumer spending strong in Dec; inflation trending lower

    US consumer spending strong in Dec; inflation trending lower

    27 Jan 2024

    US prices rose marginally in December, keeping the annual increase in inflation below 3 per cent for a third straight month, bolstering expectations that the Federal Reserve will start cutting...

    US giant 3M to cut 6,000 roles on weak demand globally

    US giant 3M to cut 6,000 roles on weak demand globally

    25 Apr 2023

    3M Co will cut about 6,000 positions globally in a second round of lay-offs this year, as the US industrial conglomerate looks to rein in costs amid waning demand for...

    China’s consumer inflation hit an 18-month low as demand falters

    China’s consumer inflation hit an 18-month low as demand falters

    11 Apr 2023

    China’s consumer inflation hit an 18-month low and factory-gate price declines sped up in March as demand stayed persistently weak, shoring up the case for policymakers to take more steps...

    US consumer spending slows in February; inflation cools

    US consumer spending slows in February; inflation cools

    02 Apr 2023

    US consumer spending rose moderately in February, and while inflation cooled, it remained high enough to possibly allow the Federal Reserve to raise interest rates one more time this year....

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