Bloomberg Hong Kong retail sales by value tumbled again in January, entering a 12-month losing streak after a Lunar New Year holiday interrupted by the coronavirus outbreak and amid months of anti-Beijing protests. Retail sales by value fell 21.4% in January from a year earlier, extending a run of declines that started in February, the longest downward trajectory in three …

Bloomberg Mr DIY Group, Malaysia’s biggest home improvement retailer, is considering postponing its planned initial public offering after the country’s equities market tumbled on political uncertainty, according to people familiar with the matter. The company will finalise a decision on the share sale plan as soon as this week, said the people, who asked not to be identified as the …

Bloomberg In the three years since becoming an agent for mobile e-commerce company Copia Global Inc, Samuel Kihara has boosted revenue at his general store fivefold, opened a second shop, bought land and a truck and moved his children to private school. “The commissions I earn as a Copia agent have been my working capital,” Kihara, 48, said as he …