DUTCH electronics giant Philips Monday posted a 15 per cent hike in net profits for the second quarter, just months after listing its lighting division separately on the Amsterdam bourse.

AFTER a decade of sizzling growth, the smartphone market has suddenly cooled. Surveys show smartphone sales last year shrank slightly for the first time since the 2007 debut of the iPhone, and...

THE number of Housing Board resale flats sold fell in the first quarter of this year as compared to the previous three months.

<p/> <p/> [DETRIOT] US auto sales in April likely fell nearly 8 per cent from the same month in 2017 despite big discounts for consumers, industry consultants JD Power and LMC Automotive...

[WASHINGTON] US retail sales rebounded in March after three straight monthly declines as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was...

THE publication of eye-catching sales targets by many Chinese developers this year has contributed to a sharp rise in their share prices as investors built in rosy expectations for the companies.

[PARIS] There's trouble in toyland, and it started long before Toys 'R' Us went bust...

[BEIJING] China's vehicles sales in February fell 11.1 per cent from a year earlier to 1.72 million vehicles, an industry body said on Friday, as growth in the world's largest auto market...

[NEW YORK] Apartment sales in Manhattan fell to the lowest monthly rate in January since February 2012 as a declining trend in city-wide sales both by price and volume emerged, listings and data...

[HAVANA] A surge in sales of Cuba's legendary cigars in China helped manufacturer Habanos S.A.'s global revenue rise 12 per cent to hit a record of around US$500 million last year, the...