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  • November 27, 2014
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  1. News - Hong Kong - ECONOMY

    Launch of iPhone 6 sees Hong Kong retail sales rise by 4.8pc in September

    Posted Nov 03rd 2014, 07:47pm by Phila Siu

    ... Phila Siu phila.siu@scmp.com Year-on-year figures for September boosted by smartphone surge, but doubts over economy remain amid warnings on effects of Occupy iPhone 6 launch sees retail sales increase by 4.8 pc The launch of the iPhone 6 pushed Hong Kong's overall retail sales in September up 4.8 per cent year on year, the biggest growth since January, although questions ...

    http://www.scmp.com/news/hong-kong/article/1631278/retail-sales-well-year-year-september-thanks-iphone-6-launch
  2. News - Hong Kong - ECONOMY

    Retailers seek to keep watch sales ticking amid slowdown

    Posted Sep 04th 2014, 03:51am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Hit by crackdowns on graft and extravagance on the mainland, firms look to new strategies to fight decline in luxury sales as fair opens Retailers seek to keep watch sales ticking Concentrating on bigger outlets, looking to the mid-priced market and opening stores away from tourist areas are among the strategies being employed by watch retailers amid ...

    http://www.scmp.com/news/hong-kong/article/1584641/retailers-seek-keep-watch-sales-ticking-amid-slowdown
  3. News - Hong Kong - ECONOMY

    Hong Kong retail sales slump by 3.1pc in July as consumers scrimp on luxury

    Posted Aug 28th 2014, 05:54pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Takings for last month were down 3.1pc on last year as mainland graft drive continued to bite Retail sales still gloomy despite summer holiday The summer holidays brought no relief for hard-pressed shopkeepers as retail sales declined for the sixth consecutive month- and retailers see no relief in sight until winter. Total sales were down 3.1 per cent ...

    http://www.scmp.com/news/hong-kong/article/1581472/hong-kong-retail-sales-slump-31pc-july-consumers-scrimp-luxury
  4. News - Hong Kong - ECONOMY

    Slide in Hong Kong’s retail sales continues in June with 6.9pc drop

    Posted Jul 31st 2014, 11:36pm by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland corruption crackdown blamed for falling demand at Hong Kong's high-end shops Slide in city's retail sales continues with 6.9pc drop The grim performance of Hong Kong's retail sales continued in June, producing the worst first-half showing since 2009. The government's monthly statistics released yesterday showed that sales revenue ...

    http://www.scmp.com/news/hong-kong/article/1563784/slide-citys-retail-sales-continued-june-69pc-drop
  5. Business - Economy - ECONOMY

    US surprises as third quarter GDP growth hits 3.9pc

    Posted Nov 26th 2014, 05:09am by Reuters, AP

    ... The third quarter marked the fourth out of the past five quarters that the economy has expanded above a 3.5 per cent pace. Data ranging from manufacturing to employment and retail sales suggests ...

    http://www.scmp.com/business/economy/article/1648892/us-surprises-third-quarter-gdp-growth-hits-39pc
  6. News - Hong Kong - ECONOMY

    Hong Kong's third quarter GDP beats expectations; full-year target adjusted

    Posted Nov 14th 2014, 05:01pm by Amy Nip

    ... comprehensively after the release of October retail sales figures, said government economist Helen Chan. Blocked roads in Mong Kok, Causeway Bay and Admiralty have dampened sentiment among small ... that allows cross-border share trading from Monday. Economists recently downgraded their 2014 GDP forecasts due to slow retail sales- Citi Research by 0.3 percentage points, to 2.3 per cent year ...

    http://www.scmp.com/news/hong-kong/article/1639814/hong-kongs-gdp-grew-more-expected-third-quarter
  7. News - Hong Kong - ECONOMY

    Jobless rate could rise if retail sales keep declining, financial secretary warns

    Posted Jun 09th 2014, 03:03am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Poor April figures and troubling external business factors worry financial secretary Fall in retail sales could cost jobs, Tsang says Hong Kong's unemployment rate of 3.1 per cent may go up if retail sales continue to shrink and the external business environment does not improve, Financial Secretary John Tsang Chun-wah warned yesterday. He ...

    http://www.scmp.com/news/hong-kong/article/1528229/jobless-rate-could-rise-if-retail-sales-keep-declining-financial
  8. Business - Economy - ECONOMY

    China economic growth drops to five-year low of 7.3pc

    Posted Oct 21st 2014, 10:54am by Victoria Ruan

    ... cent at the start of the year. Fixed-asset investment rose 16.1 per cent in the first nine months versus 17.3 per cent in the first half. Growth in retail sales also slowed, rising 11.6 per ...

    http://www.scmp.com/business/economy/article/1621150/hopes-further-stimulus-chinas-growth-drops-five-year-low-73pc
  9. Business - Economy - ECONOMY

    China has the fiscal means to fight slowdown, says ADB president

    Posted Oct 24th 2014, 04:19am by Victoria Ruan

    ... to 2.5 per cent late last month, before the Occupy Central protests began, citing weaker retail and tourism performance. Nakao said he did not think the US$50 billion Asian Infrastructure ...

    http://www.scmp.com/business/economy/article/1623234/china-has-fiscal-means-fight-slowdown-says-adb-president
  10. Business - Economy - ECONOMY

    No Christmas cheer for Hong Kong's retailers as they reveal lower-than-expected sales growth

    Posted Feb 05th 2014, 05:37am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Growth of 5.7 per cent during the festive season highlights stiff competition for the mainland tourist dollar No Christmas cheer for city's retailers Hong Kong's retail sales grew just 5.7 per cent year on year in December, an especially poor performance for the peak Christmas shopping period. "It's very rarely this bad. ...

    http://www.scmp.com/business/economy/article/1421025/no-christmas-cheer-hong-kongs-retailers

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