Saturday, October 10, 2015   

HK retail sales growth slows in December
(02-04 17:56)

Hong Kong retail sales expanded more slowly in December and badly missed economist's forecast, according to government figures.
Retail sales volume increased 6.1 percent in December from a year back, as compared to a 9.1-percent expansion in November, the Census and Statistics Department said. Economists had expected the growth to slow down to 7.3 percent.
Sales of jewelery, watches and clocks, and valuable gifts gained 15 percent, with sales in wearing apparel up 4.4 percent.
Overall retail trade gained 5.7 percent in value in December, missing market expectation of 7.2-percent growth. Retail sales value increased by 8.5 percent in November.
Other Business breaking news:
Malaysia central bank wants state fund prosecuted (10-09 20:36)
Oil prices touch new high at US$53.61 (10-09 20:33)
HK, China stocks close higher (10-09 17:09)
Sri Lanka national carrier rewarded for hospitality (10-09 15:56)
Positive start for Europe equities (10-09 15:49)
Nikkei closes higher (10-09 14:22)
Volkswagen trust takes a beating on cheating in US hearings (10-09 13:48)
Ex-banker pleads guilty in US$1.2b Rothstein Ponzi scam in US (10-09 13:41)
Global worries kept Fed from raising rates, minutes show (10-09 13:33)
Asia computer shipments stable, survey finds (10-09 12:43)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.