Latest news with #TCB
Fibre2Fashion
3 days ago
- Business
- Fibre2Fashion
China's leading index falls again in May, but recession risks ease
The Conference Board's (TCB) Leading Economic Index (LEI) for China fell by 0.3 per cent in May 2025 to 148.9, marking its second consecutive monthly decline. The LEI dropped 1.2 per cent over the six-month period from November 2024 to May 2025, though this was a smaller contraction than the 1.6 per cent recorded in the preceding six months. The continued decline was attributed to weakening consumer expectations, a soft logistics prosperity index, and a drop in new export orders. China's Leading Economic Index (LEI) fell 0.3 per cent in May 2025, signalling continued economic headwinds from weak consumer expectations, logistics, and export orders. However, recession risks have eased. The Coincident Economic Index (CEI) rose 0.4 per cent. The Conference Board forecasts China's 2025 real GDP growth to remain resilient at 4.5 to 5 per cent. 'The China LEI decreased again in May . Much like previous months, the main drivers of the decline in the LEI were weaknesses in consumer expectations, the logistics prosperity index, and new export orders. Both the semi-annual and annual growth rates of the LEI remained negative, continuing to suggest challenges ahead,' said Malala Lin, economic research associate at The Conference Board. 'However, the 6-month growth rate has become less negative and no longer signalled recession risks since February 2025, despite the persisting weakness among the underlying components of the LEI.' 'Furthermore, it is expected that the de-escalation of the China-US tariffs tensions and the implemented monetary policies will help mitigate risks to growth going forward. Overall, The Conference Board currently forecasts annual real GDP growth to remain resilient, between 4.5 per cent to 5 per cent in 2025,' added Lin. In contrast, the Coincident Economic Index (CEI), which reflects current economic conditions, rose by 0.4 per cent in May to 152.8. This follows a sharp 0.8 per cent drop in April. The CEI grew 0.9 per cent between November 2024 and May 2025—substantially slower than the 3 per cent gain observed in the prior six-month period. Despite ongoing weakness in key sectors, The Conference Board maintains a cautiously optimistic forecast, projecting China's real GDP growth to remain resilient at between 4.5 and 5 per cent for 2025. Fibre2Fashion News Desk (SG)
Fibre2Fashion
3 days ago
- Business
- Fibre2Fashion
US Consumer Confidence Index drops sharply in June 2025: TCB
US consumer confidence declined significantly in June 2025. The Conference Board (TCB) Consumer Confidence Index fell by 5.4 points to 93, reversing nearly half of May's strong gains. Both the Present Situation Index and the Expectations Index showed broad-based deterioration, reflecting growing pessimism about current conditions and the near-term outlook. The Present Situation Index, which gauges consumers' assessment of current business and labour market conditions, dropped 6.4 points to 129.1. Meanwhile, the Expectations Index, which captures short-term outlooks for income, business, and employment, declined by 4.6 points to 69—well below the 80-point threshold that typically signals a recession ahead, as per data by The Conference Board. US consumer confidence fell in June 2025, with The Conference Board Index dropping 5.4 points to 93. Both present and future outlooks weakened, with the Expectations Index plunging to 69, signalling recession risks. Pessimism grew about job prospects, business conditions, and income expectations. Inflation and tariffs remained top concerns, though inflation fears slightly eased. 'Consumer confidence weakened in June, erasing almost half of May's sharp gains,' said Stephanie Guichard, senior economist, Global Indicators at The Conference Board. 'The decline was broad-based across components, with consumers' assessments of the present situation and their expectations for the future both contributing to the deterioration. Consumers were less positive about current business conditions than May. Their appraisal of current job availability weakened for the sixth consecutive month but remained in positive territory, in line with the still-solid labour market. The three components of the Expectations Index—business conditions, employment prospects, and future income—all weakened. Consumers were more pessimistic about business conditions and job availability over the next six months, and optimism about future income prospects eroded slightly.' Consumer sentiment towards current business conditions worsened, with 19 per cent describing them as good, down from 21.4 per cent in May, while those saying conditions were bad rose to 15.3 per cent. Views on the labour market also cooled, with the share of respondents stating jobs were 'plentiful' dropping to 29.2 per cent. Future expectations further darkened in June. Only 16.7 per cent of consumers anticipated business conditions would improve, while 24 per cent expected them to worsen. Expectations for job availability also dipped, with 15.4 per cent expecting more jobs—down from 18.6 per cent. Income expectations followed a similar trend, with just 16.3 per cent expecting higher incomes in the months ahead. Despite the gloomier outlook, consumers' assessments of their current and expected family financial situations remained resilient. However, the perceived likelihood of a US recession over the next year stayed elevated. 'Consumers' write-in responses revealed little change since May in the top issues impacting their views of the economy. Tariffs remained on top of consumers' minds and were frequently associated with concerns about their negative impacts on the economy and prices,' added Guichard. 'Inflation and high prices were another important concern cited by consumers in June. However, there were a few more mentions of easing inflation compared to last month. This is in line with a cooling in consumers' average 12-month inflation expectations to 6 per cent (down from 6.4 per cent in May and 7 per cent in April). References to geopolitics and social unrest increased slightly from previous months but remained much lower on the list of topics affecting consumers' views.' Fibre2Fashion News Desk (SG)
Daily Record
6 days ago
- Business
- Daily Record
Argos shoppers can snap up Samsung SmartTag 2 for £9 - here's how
The Samsung SmartTag 2 is now available at a discounted rate of £9 with the Argos TopCashback offer Summer is here at last, and countless Brits are gearing up to fly off on holiday to soak up the sun, sea, and serenity of overseas destinations. However, misplacing luggage or personal items is a frequent mishap - but don't worry, as Samsung's Bluetooth SmartTag 2 can now be snapped up for a wallet-friendly £9, after cashback. Argos is selling the SmartTag 2 for £23.99 on its website - however, shoppers can take advantage of TopCashback to bag an extra £15 off when they sign up for a new account on the site. The Samsung SmartTag 2 has been hailed by shoppers as ideal for monitoring luggage, valuables, or even cars, offering peace of mind for those worried about theft or prone to losing things. It boasts durability with an IP67 rating, ensuring it's dust - and water-resistant. It's also a brilliant travel buddy thanks to its impressive battery life that lasts up to 500 days. With Power Saving Mode adding an extra 40%, holidaymakers can depend on the SmartTag2 for reliable location services. However, there's one catch - these trackers are only compatible with Samsung phones, which is a crucial factor to bear in mind, reports the Express. Apple aficionados needn't feel left out - they have options such as the Tile Mate, priced at £20, or they could go for the Apple AirTag, which comes in at £28. Shoppers can nab the £15 discount by registering for TopCashback – simply sign up and you'll receive a £15 bonus on top of any cashback earned from Argos purchases. Here's a simple guide to securing the deal: Grab the Samsung SmartTag2 Bluetooth tracker for £9 from Argos Begin by signing up as a new member via this TopCashback link. Find Argos on the site and hit 'Get Cashback Now'. Shop and check out as usual on the Argos website. Sit tight - cashback will track and pop up in your TopCashback account within seven working days of the transaction. For newbies to TopCashback (TCB) and first-time purchasers at Argos, this nifty item is up for grabs for £8.69 following cashback. Meanwhile, existing TCB members with previous Argos shopping experience can swipe it for £8.79 after claiming their cashback. The SmartTag2 has been causing quite a stir with an avalanche of positive reviews from delighted consumers. One user expressed initial doubts about its reliance on Bluetooth and the Samsung ecosystem, but their experience turned out well: "I was dubious at first, being solely reliant on Bluetooth and locked into the Samsung ecosystem, but it has worked well and stood up to the tests of frequent global air travel." Their commendations didn't stop there, as they detailed the device's usefulness: "I now have multiple tags for all my luggage and carry-on when travelling for work and have been able to track my bags without any issue, even when my bags have landed up in a different location to me." Another seasoned traveller eagerly recommended the product, sharing: "If you're a Samsung Galaxy owner, I would highly recommend it. Small, compact, robust, with great battery life." Yet, a slight drawback was mentioned by one user who experienced a sudden malfunction, saying it "randomly just gave up".
North Wales Live
22-06-2025
- Business
- North Wales Live
Samsung fans snapping up £9 SmartTag 2 thanks to TopCashback deal
Summer is finally here, and many Brits will soon be flying away on holiday to enjoy the sun, sea, and relaxation elsewhere. However, things get lost whether or not that luggage or personal items - the good news is that shoppers can pick up Samsung's Bluetooth SmartTag 2 for as little as £9. Argos is selling the SmartTag 2 for £23.99 on its website - but buyers can use TopCashback to get an extra £15 off the price when they sign up to the website with a new account. The Samsung SmartTag 2 is perfect for tracking luggage, valuables or even your car for shoppers who are worried about thieves or are prone to misplacing things. The SmartTag 2 is also durable, with an IP67 rating, making it dust and water-resistant, but it's also an excellent companion for your travels thanks to its impressive battery life that lasts up to 500 days. With Power Saving Mode throwing in an additional 40%, travellers can trust the SmartTag2 for dependable location services. However, there is one catch - these trackers are exclusively compatible with Samsung phones, which is a vital point to bear in mind. Apple aficionados needn't feel left out; they have options such as the Tile Mate, priced at £20, or they could go for the Apple AirTag, which comes in at £28. But how do shoppers grab this deal? Well, signing up for TopCashback will net them a free £15 on top of the cashback they get from Argos. Here's a rundown of how to get the deal: Grab the Samsung SmartTag2 Bluetooth tracker for £9 from Argos Begin by signing up as a new member via this TopCashback link. Find Argos on the site and hit 'Get Cashback Now'. Shop and check out as usual on the Argos website. Sit tight; cashback will track and pop up in your TopCashback account within seven working days of the transaction. For new members of TCB and new Argos customers, they'll pay £8.69 after cashback and for new members of TCB and existing Argos customers: £8.79 after cashback. The SmartTag2 has been garnering some serious praise from users, with glowing reviews coming in. A pleased customer shared their experience: "I was dubious at first, being solely reliant on Bluetooth and locked into the Samsung ecosystem, but it has worked well and stood up to the tests of frequent global air travel." They went on to add: "Now have multiple tags for all my luggage and carry-on when travelling for work and have been able to track my bags without any issue even when my bags have landed up in a different location to me." Another satisfied traveller recommended: "If you're a Samsung Galaxy owner, I would highly recommend it. Small, compact, robust, with great battery life."
Wales Online
22-06-2025
- Business
- Wales Online
Samsung fans snapping up £9 SmartTag 2 thanks to TopCashback deal
Samsung fans snapping up £9 SmartTag 2 thanks to TopCashback deal Brits scared of losing valuables can get a great deal on this Samsung tracker The Samsung Galaxy SmartTag2 (Image: Amazon ) Summer is finally here, and many Brits will soon be flying away on holiday to enjoy the sun, sea, and relaxation elsewhere. However, things get lost whether or not that luggage or personal items - the good news is that shoppers can pick up Samsung's Bluetooth SmartTag 2 for as little as £9. Argos is selling the SmartTag 2 for £23.99 on its website - but buyers can use TopCashback to get an extra £15 off the price when they sign up to the website with a new account. The Samsung SmartTag 2 is perfect for tracking luggage, valuables or even your car for shoppers who are worried about thieves or are prone to misplacing things. The SmartTag 2 is also durable, with an IP67 rating, making it dust and water-resistant, but it's also an excellent companion for your travels thanks to its impressive battery life that lasts up to 500 days. With Power Saving Mode throwing in an additional 40%, travellers can trust the SmartTag2 for dependable location services. However, there is one catch - these trackers are exclusively compatible with Samsung phones, which is a vital point to bear in mind. Grab the Samsung SmartTag 2 for only £9 £23.99 £8.69 Argos GET DEAL Product Description TopCashback is allowing shoppers to grab the Samsung SmartTag2 for only £9. Follow our instructions below to get it for this bargain price. Apple aficionados needn't feel left out; they have options such as the Tile Mate, priced at £20, or they could go for the Apple AirTag, which comes in at £28. But how do shoppers grab this deal? Well, signing up for TopCashback will net them a free £15 on top of the cashback they get from Argos. Here's a rundown of how to get the deal: Grab the Samsung SmartTag2 Bluetooth tracker for £9 from Argos Begin by signing up as a new member via this TopCashback link. Find Argos on the site and hit 'Get Cashback Now'. Shop and check out as usual on the Argos website. Sit tight; cashback will track and pop up in your TopCashback account within seven working days of the transaction. For new members of TCB and new Argos customers, they'll pay £8.69 after cashback and for new members of TCB and existing Argos customers: £8.79 after cashback. The tracker comes in various colours (Image: (Image: Samsung) ) The SmartTag2 has been garnering some serious praise from users, with glowing reviews coming in. A pleased customer shared their experience: "I was dubious at first, being solely reliant on Bluetooth and locked into the Samsung ecosystem, but it has worked well and stood up to the tests of frequent global air travel." Article continues below They went on to add: "Now have multiple tags for all my luggage and carry-on when travelling for work and have been able to track my bags without any issue even when my bags have landed up in a different location to me." Another satisfied traveller recommended: "If you're a Samsung Galaxy owner, I would highly recommend it. Small, compact, robust, with great battery life."
