Hong Kong's retail sales value increased for the third straight month in July, preliminary data from the Census and Statistics Department showed on Monday. The value of retail sales climbed 1.8 percent year-on-year in July, faster than the 0.7 percent rise in June.Online sales, which accounted for 8.7 percent of the total sales value in July, surged by 13.2 percent from last year versus a 13.1 per...
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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.