Chinese visitors boost S.Korea Oct dept store sales
Chinese visitors boost S.Korea Oct dept store sales
* Luxury goods sales jump at sharpest rate in over one yr * Chinese tourists to continue to benefit Asia -HSBC * China’s inflation, tightening move may pose risk to Asia (Updates with HSBC comments) SEOUL, Nov 18 (Reuters) – Annual sales growth at major South Korean department store chains rose to an eight-month high in October, led by clothing sales and by purchases of luxury goods by Chinese …
Read more on Reuters via Yahoo! Philippines News
Asia Roundup: Tokyo escapes battering
HONG KONG: Asian markets took a battering yesterday due to worries about Chinese anti-inflation measures and the eurozone’s debt worries, but Tokyo bucked the trend, helped by a revived dollar. Tokyo’s Nikkei index ended the day up 0.15 per cent, or 14.56 points, at 9,811.66. But the overall movement was down: Sydney’s SandP/ASX 200 fell 1.62 per cent, or 76.0 points, to 4,624.3 and Shanghai’s …
Read more on Business Times
Trusted Resource for the Working RF Engineer
Consumer-based businesses rely on this time of year, from the end of November to the end of the year, for increased sales. Various holidays help encourage consumer spending and sometimes strengthen the bottom line for a manufacturer reliant on consumer spending.
Read more on Planet EE