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Domestic wholesale sales in Singapore in the second quarter, seasonally adjusted, increased by 2.4% after growing by 6.2% in the previous quarter, finversia.ru writes, citing data from the Statistics Department of Singapore. The volume of domestic wholesale trade without taking into account the effect of prices decreased by 2.8% compared to the previous quarter. The non-oil indicator increased by 5.4% compared to the first quarter, when the volume of domestic wholesale trade fell by 5.9%. In annual terms, domestic wholesale sales increased by 10.3% after an increase of 6.9% quarter-on-quarter.
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
KYC Policy