From arrests linked to the Hong Kong operations of beauty chain Opatra London to a surge in online complaints against other skincare brands, high-pressure sales tactics remain widespread and continue to take a toll on consumers. Why do such malpractices remain widespread despite the city’s Trade Descriptions Ordinance, which criminalises aggressive commercial practices that significantly…
Hongkongers buying insurance for their pets have been urged to carefully examine third-party liability terms and pay special attention to coverage related to disputes and animals with a history of aggression. The Consumer Council issued the warning on Wednesday, less than a week after more than 900 restaurants became legally allowed to welcome dogs on…
Fake photos generated by artificial intelligence (AI) are being misused to claim refunds from Chinese online shops, sparking moral and legal concerns. As China’s Double 11 shopping festival took place around November 11, several e-commerce shop owners revealed that they received AI-generated photos of damaged products from consumers attempting to seek refunds. Some people took…
Have you ever been in or traveling through an area where there is no or low traditional cell service and thought, “What if I had an emergency and needed to call 911?”Now, because of a well-known cell service provider’s connection to a popular network of satellites, there’s a solution when you have an emergency and…
The IMF is warning that elevated stock valuations are putting both financial markets and the global economy at risk of some turbulence. “Valuation models indicate that risk asset prices are well above fundamentals, increasing the probability of disorderly corrections when adverse shocks occur,” the organization said in its Global Financial Stability Report published this month….
LARGO, Fla. – The price of gold has smashed through $4,000 an ounce for the first time on record, with silver racing toward $50/oz. amid safe-haven buying and policy shifts that favor industrial metals. Analysts point to global economic uncertainty, central-bank demand and renewed retail interest as key drivers. READ: Grocery bills are most expensive…
It’s been a rough few years for bearish forecasters. Calls for a recession or a market crash have been mounting since 2022, and barring a slight blip here and there, downbeat prognosticators have basically gotten it all wrong. First, Federal Reserve rate hikes were supposed to throw the economy into recession. When that didn’t happen,…