Singapore's retail sales recovered strongly in April as most industries marked sharp growth, especially in the computer and telecommunications equipment segment, data from the Department of Statistics showed on Thursday.Retail sales climbed 8.7 percent year-on-year in March, in contrast to a 3.5 percent fall in February. Singapore lifted Covid-19 restrictions in April and this is likely to boost s...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.