Consumer

US Stocks Rise on Consumer Data and Higher Oil Prices

New York - QNA

US stocks ended higher on Tuesday and snapped an eight-day losing streak for the Dow, as higher oil prices and a record reading on US consumer confidence boosted sentiment. The gains followed a report showing consumer confidence in March hit its highest level in 16 years, and higher oil prices. The Dow Jones Industrial Average gained 150.52 points to closeRead more

Emerging tech aims to improve life for handicappedfor the physically disabled

Las Vegas - Arab Today

Emerging technology is giving new hope for the handicapped, and harnessing brainwaves for the physically disabled and helping the visually impaired with “artificial vision” are just the start. Many systems showcased at the Consumer Electronics Show in Las Vegas are aimed at improving quality of life for people with disabilities. BrainRobotics, a Massachusetts-based start-up, showed its prosthesis that can beRead more

After a year of faulty predictions, 3 approaches to investing

New York - Arab Today

There is one thing analysts can agree on about last year: 2016 confounded predictions and expectations. From how stocks would perform to who would win the presidency, this was a bad year for people who tell us what tomorrow will bring. So as people take stock of what has passed and wonder about what’s to come, is there anything toRead more

South Korea's Consumer Prices Gain 0.7% in July

Seoul - QNA

South Korea's consumer prices rose by less than 1% for the third consecutive month in July, government data showed Tuesday, amid a flaccid economic recovery. The country's consumer price index rose 0.7% last month from a year earlier, marking the lowest on-year gain in 10 months, South Korea's News Agency (Yonhap) reported citing the data compiled by Statistics Korea. TheRead more

German Consumer Confidence Lowered after Brexit Vote

Berlin - QNA

German consumer conference is set to edge lower next month as households in Europe's biggest economy fret about the economic fallout from Britain's plans to exit the European Union. The Nuremberg-based GfK market research group said the reading for its forward-looking survey for August will slip to 10 points from 10.1 in July after Britain voted last month to leaveRead more

Singapore CPI Falls 1.6% On-Year in May

Singapore - QNA

Singapore's consumer prices fell at a faster-than-expected pace in May, due to the drag from private road transport and housing costs. The consumer price index fell 1.6% year-on-year in May, compared with the median estimate for a 1.0% decline in a poll of five economists by The Wall Street Journal, and a 0.5% fall in April, according to (Dow JonesRead more

US consumer prices growth slows in May

Washington - Xinhua

U.S. consumer prices see slower growth in May, but core prices index which excludes energy and food prices continued to firm. Consumer Price Index (CPI), a main gauge of inflation, increased 0.2 percent in May on a seasonally adjusted basis, lower than the 0.4-percent growth in April, said the Labor Department on Thursday. On a year-on-year basis, the index increasedRead more

China's Consumer Prices up, Producer Prices down in May

Beijing - QNA

China's consumer prices grew 2% in May from one year earlier, official data showed Thursday. The National Bureau of Statistics said in a statement that on a month-on-month basis, the consumer price index (CPI), a main gauge of inflation, shrank 0.5 percent in May from April, according to China's (Xinhua) News Agency. Meanwhile, China's producer price index (PPI), which measuresRead more

South Korea's Consumer Sentiment Dips to 3-Month Low in May

Seoul - QNA

South Korea's consumer sentiment fell in May from a month earlier with more people expecting worsening conditions for their livelihoods down the road in the wake of revamps in the corporate sector, central bank data showed Thursday. The composite consumer sentiment index (CSI) came to 99 for May, moving down from 101 the previous month, according to data fromRead more