Stay updated with breaking news from Consumer Credit Data. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Reuters Staff 1 Min Read TOKYO, Feb 5 (Reuters) - Japanese household spending fell 0.6% in December from a year earlier, government data showed on Friday, compared with economists’ median estimate of a 2.4% decrease. To view the data on the website of the Ministry of Internal Affairs and Communications: here Reporting by Daniel Leussink; Editing by Chris Gallagher
Japan's household spending fell for the first time in three months in December, in a sign consumer sentiment was weakening even before the government called a state of emergency to control a new wave of the coronavirus in the country.
Beijing urgently needs a system to measure individual default risk. Given thin credit histories at banks, it wants financial technology giants to hand over valuable data troves to state-run firms in exchange for minority stakes. Ant and peers have reason to resist.
China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to prevent excess borrowing and fraud, two people with knowledge of the matter said, in Beijing's latest tightening of scrutiny.
3 Min Read (Reuters) - U.S. consumer sentiment dipped in early January as Americans reacted to the assault on the U.S. Capitol and a relentless surge in COVID-19 infections and deaths, the University of Michigan said on Friday in a report that also showed a deep partisan divide in views on the economy and outlook. FILE PHOTO: Diners eat lunch in outdoor seating at a restaurant in the Little Italy section of Manhattan on the first day of the phase two re-opening of businesses following the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., June 22, 2020. REUTERS/M...