Japan real wages up for sixth straight month in June
TOKYO, Aug 5 : Japan's real wages grew 1.6 per cent in June from a year before, a sixth consecutive month of increases, government data showed on Wednesday, supporting the case for more rate hikes by the central bank.• Average nominal wages, or total cash earnings, rose 3.4 per cent to 531,677 yen ($3,373.6) a month, f
Hong Kong retail sales rise 4.6% in June as growth streak extends to 14 months
Hong Kong’s retail sales rose by 4.6 per cent year on year in June, extending the growth streak to 14 months, with the government expecting continued economic growth, rising incomes and a steady increase in visitors to support the sector.
The value of retail sales for the month reached HK$31.5 billion (US$4.01 billion)