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- Bahrain All Share Index, Islamic Index close lower
- NIC partners with ZainTECH, marks a major milestone in digital transformation journey
- Boursa Kuwait marks key milestone in Capital Market Development Program
- EU blindsided by latest Trump tariff ultimatum
- Nesma & Partners buys Saudi group Al Yusr Industrial Contracting
- Saudi Arabia drives GCC IPO market in H1; nets $3.4bn in proceeds
- Oman's central bank issues treasury bills worth OMR10.25 million
- Oman, Türkiye sign pact on cooperation in energy sector
- Oman Flour Mills invests more than OMR6mn in local wheat procurement
- Saudi Arabia Emerges as Global Hub for Billion-Dollar Startups
31/03/2011 00:00 AST
Hong Kong's retail sales value increased 8.6 percent year-on-year in February after a 28.1 percent increase in January, the Census and Statistics Department said Thursday. Economists had expected sales to rise 18.5 percent.
During the same period, the volume of retail sales increased 5.1 percent annually, with the pace of increase decelerating from 23.6 percent in the previous month. This was also weaker than the 13.8 percent increase expected.
Based on the seasonally adjusted series, the volume of total retail sales increased 2.7 percent in the three months ended February compared with the preceding three-month period.
Commenting on the data, a government spokesperson said that going forward, improving job and income prospects will push up consumer confidence. This along with further growth in inbound tourism, will continue to support the retail business, the spokesperson added.
During the first two months of the year, sales value rose 18.8 percent compared to the same period last year. Sales, in terms of volume, grew 14.7 percent.
RTT News
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
15/07/2025
Throughout the week leading up to US President Donald Trump's 30 percent-tariff threat on the EU, European officials and diplomats insisted they were closing in on a deal-right up until his letter la
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The new all-time high that Bitcoin, the world's largest cryptocurrency, hit on Monday signals a long-term structural shift in how digital assets are integrated into the global financial system, analy
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Spiralling inflation in the Euro Area was finally stabilized last year after an unprecedented cycle of policy rate increases by the European Central Bank (ECB).
The most aggressive tightenin
The Peninsula
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