US Commerce Department

Hong Kong shares end lower
Markets

Hong Kong shares end lower

SHANGHAI: Hong Kong shares closed lower on Tuesday, as uncertainty about the impact of the US government’s move to...
Published 09 Feb, 2022 05:46am
US wholesale inventories rise solidly in March
World

US wholesale inventories rise solidly in March

  • Wholesale inventories shot up 4.5% in March from a year earlier. Sales at wholesalers jumped 4.6% after being unchanged in February.
  • The inventory drawdown subtracted 2.64 percentage points from GDP growth last quarter.
Published 07 May, 2021 08:30pm
US factory orders decline in February
World

US factory orders decline in February

  • The Commerce Department said on Monday that factory orders dropped 0.8% after surging 2.7% in January. Economists polled by Reuters had forecast factory orders slipping 0.5% in February. Orders increased 1.0% on a year-on-year basis.
  • Unfilled orders at factories increased 0.8% in February after gaining 0.2% in January, suggesting a rebound in demand in the coming months.
Published 05 Apr, 2021 07:40pm