April Exports Up 8.1%
The value of Hong Kong's total exports of goods rose to $330.2 billion in April, up 8.1% compared to a year ago, the Census & Statistics Department announced today.
It followed a year-on-year increase of 8% in March exports.
The value of imports jumped 11.1% to $377.2 billion for April, after a year-on-year increase of 10.7% in March.
A trade deficit of $46.9 billion, or 12.4% of the value of imports, was recorded in April.
Comparing the three-month period ending April with the preceding three months on a seasonally adjusted basis, the value of total exports increased 2.9%, while that of imports rose 5.2%.
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more