News Snapshot:
- A + A HONG KONG (Sept 30): Hong Kong's retail sales plunged 13.1% in August from a year earlier as coronavirus restrictions slammed the brakes on spending in the city and tourism slowed to a trickle. Sales dropped to HK$25.6 billion (US$3.30 billion), government data showed on Wednesday, falling for the 18th straight month but at a somewhat slower pace than in July, when they tumbled by 23.1%. In volume terms, retail sales fell 13.4%, compared with a revised 23.8% in July. "As economic conditions remain under pressure and inbound tourism is unlikely to show any swift recovery in...
