* Govt says economy to face pressure as trade tensions drag
HONG KONG Hong Kong's economy grew at its slowest annual pace in nearly 10 years in the first quarter, an advance government estimate showed on Thursday, hit by a slowdown in exports and investment.
TAIPEI, March 18 Taiwan's central bank left its
policy rate unchanged on Thursday, as widely expected, and again
lowered its forecast for 2019 economic growth as a global
electronics slowdown hurts the island's export-reliant economy.
* Jan retail sales value up 7.1 pct y/y, volume up 6.9 pct
* Nov retail sales value up 1.4 pct y/y, volume up 1.2 pct
HONG KONG Hong Kong's retail sales growth picked up in October from the prior month, government data showed on Friday, but consumer sentiment could be increasingly clouded by weak asset markets and external factors like the U.S.-China trade war.
HONG KONG Hong Kong's economic growth slowed further in the third quarter and is expected to face additional headwinds amid trade tensions between Beijing and Washington and higher interest rates, posing broader risks to growth in the Asian financial hub next year.
HONG KONG An internet and industrial-focused unit of Taiwanese electronics manufacturer Foxconn plans to sell 30 percent of its public share offering in Shanghai to a group of cornerstone-type investors, its prospectus showed, a rare move in China listings.
HONG KONG Hong Kong's central bank bought the local currency on Friday, as part of its first intervention in foreign exchange markets since 2015 after the Hong Kong dollar hit the weaker end of its trading range, nudging up a key lending rate that could push borrowing costs higher.
TAIPEI The United States' commitment to Taiwan has never been stronger and the island is an inspiration to the rest of the Indo-Pacific region, U.S. Deputy Assistant Secretary of State Alex Wong said on Wednesday, in comments certain to anger Beijing.