US retail sales rebounded in March after three straight monthly declines as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into the second quarter with momentum. The Commerce Department said yesterday retail sales added 0.6 percent last month after an unrevised 0.1 percent dip in February. January data was revised to show sales falling 0.2 percent instead of the previously ...
China's gross domestic product expanded a seasonally adjusted 1.4 percent on quarter in the first quarter of 2018, the National Bureau of Statistics said on Tuesday. more...
Apple Inc and Alphabet Inc’s Google corporate brands dropped in an annual survey while Amazon.com Inc maintained the top spot for the third consecutive year, and electric carmaker Telsa Inc rocketed higher after sending a red Roadster into space. IPhone maker Apple dropped to 29th from its previous position of No. 5, and Google dropped from 8th to No. 28. Apple had ranked No. 2 as recently as 2016, according to the annual Harris Poll Reputation ...
SHANGHAI’S merchandise sales are set to grow 8 percent this year, with retail sales to rise 8 percent and e-commerce to jump 20 percent, the Shanghai Commission of Commerce said yesterday. The city set the same 8 percent year-on-year target for merchandise sales and retail sales this year. E-commerce is set to soar 20 percent, with online transactions exceeding 1 trillion yuan (US$ 160 billion) this year. The import and export of ...
CHINA’S manufacturing sector rose modestly in February to a nine-month high, bolstered by firmer client demand and increasing prices, according to a private survey released by Caixin yesterday. The Caixin China General Manufacturing Purchasing Managers’ Index, an indicator of manufacturing activity, climbed to 51.6 in February from 51.5 in January, notching a peak since August last year, the survey conducted by financial information service ...
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