Tag

stock market

Stories tagged stock market.

Retail / news / en

Myer shares plunge 12% after retailer flags sharp consumer spending slowdown

Australian department store operator Myer reported a steep decline in consumer demand during June and July, sending its shares down more than 10% on Monday.

Myerretailconsumer spendingAustraliadepartment storestock market
Business / news brief / en

China’s Stock Market Mirrors Uneven Economy as Tech Surges and Consumer Shares Slump

China’s US$16 trillion stock market reflects the widening gap between a booming technology sector and weak consumer spending, with AI chipmakers leading gains while consumer stocks lag.

Chinastock marketartificial intelligenceconsumer spendingmanufacturing