Major Hong Kong developers like Sun Hung Kai Properties and Wheelock Properties are releasing new residential units this month. SHKP launched 120 units at its Garden Regency project, priced from HK$3.93 million. Wheelock Properties is set to launch its Park Silicon project.
The Weather Channel's dedicated smart TV app subscription has increased by 66.7%, from $3/month or $30/year to $5/month or $50/year. This price hike reflects the challenges legacy media companies face in the streaming industry.
A Dallas Fed report indicates unauthorized immigration between 2021-2024 led to a 2.2% rise in home prices and 1.4% rent increase in US metro areas. The study, cited by Trump, suggests this surge contributed significantly to housing demand shocks.
Console prices are rising due to AI-driven demand for semiconductors. PS5 and Xbox Series X/S have seen significant price hikes, with the PS6 potentially costing $1,000. Sales have dropped, and cloud gaming may offer an alternative.
Apple and Microsoft have significantly increased prices for popular products like Macs, iPads, and Xbox consoles, attributing the hikes to soaring memory chip costs fueled by AI demand. Apple's stock fell over 6%.
Microsoft is increasing Xbox console prices worldwide starting August 1, with 512GB models up $100 and 1TB versions up $150, citing rising memory and storage costs. The company is also discontinuing its 2TB model.
The cost of computer memory and storage has surged, making devices more expensive. However, prices for peripherals like keyboards, mice, and monitors remain relatively stable, with many high-quality options currently available at discounted prices.
Apple CEO Tim Cook stated price increases for iPhones are "unavoidable" due to a global memory-chip shortage. Analysts expect current iPhone models to see price hikes as soon as this month, before the iPhone 18 launch.
Apple is planning price increases on its products due to an ongoing global memory shortage, driven by high demand for AI chips. CEO Tim Cook stated the hikes are 'unavoidable,' impacting even Apple, which was previously thought to be insulated.
Apple CEO Tim Cook has confirmed that price increases for the company's products are unavoidable due to rising component costs and surging demand, particularly for AI development. He cited unsustainable market conditions for RAM and storage.
World Cup replica football shirts have seen significant price hikes, with Nike kits being the most expensive. Adult replica shirts from Nike cost around €110, while Adidas and Puma are priced at €100. Prices have risen 53% since 2010, outpacing the cost of living.
TSMC CFO Wendell Huang acknowledged rising costs due to inflation but denied plans for sudden, drastic price hikes. He stated that any increases would reflect the company's technological leadership and manufacturing excellence. Huang also addressed the AI boom, denying it's a bubble, and explained global expansion is driven by customer demand, not geopolitical pressure.
Opposition parties in India, including Congress and AAP, have strongly criticized the Modi government for recent increases in petrol and diesel prices. They accuse the government of "fuel loot" and burdening citizens despite stable international crude oil prices, questioning why India isn't buying cheaper oil from Russia and Iran.
BPCL Director Raj Kumar Dubey warned of unavoidable petrol and diesel price hikes due to ongoing global energy disruptions and rising crude oil prices. India is diversifying oil sources, including Russian crude, to avoid shortages and accelerate its transition to green energy.
Sony has increased the prices for new PlayStation Plus Essential subscribers on one-month ($11) and three-month ($28) plans. The company cites "ongoing market conditions" for the hike, which may also affect Extra and Premium tiers. Annual plans are currently unaffected.
CNG prices in Delhi-NCR increased by ₹1/kg to ₹80.09, following a ₹2 hike two days prior. Petrol and diesel prices also rose by ₹3/litre amid global energy price volatility.
UK fish and chip shops face significant price increases for cod and other ingredients, leading to higher menu prices, reduced customer visits, and staff pressure, prompting some to install self-service tills and consider alternative fish options.
Next is planning "moderate" price increases this month as a closely-watched survey of companies reports the fastest rise in cost pressures for three-and-a-half years.
The US-Iran conflict is disrupting supply chains for ice cream and chocolate manufacturers in India, with key ingredients like dry fruits and nuts costing 15-22% more than pre-war levels. Companies including Naturals Ice Cream and Mother Dairy have already taken 10% price hikes, while Pascati Chocolates faces 75% higher hazelnut costs. Firms are reluctant to increase prices during peak summer season but warn margins are being squeezed.
Sony is offering the digital-only slim PS5 console for $399 on its direct-to-consumer site, a $200 discount compared to other retailers. The deal comes just weeks after Sony increased PS5 prices on April 2nd. The bundle includes the console, DualSense controller, power and HDMI cords, plus Fortnite cosmetics. Other deals featured include Fitbit Charge 6 at $109.95 and Sony InZone Buds at $178.
Governments around the world have introduced measures to limit the impact of price increases.
