Bloomberg Hong Kong’s retail sales posted another double-digit decline in November as visitor arrivals to the financial centre plunged. Retail sales by value retreated 23.6% in the month from a year earlier, extending the run of declines to ten months. The decline in November was slightly better than economists’ expectation and the record contraction in October. By volume, sales contracted …

Bloomberg Amazon.com Inc is considering opening offline retail stores in Germany, newspaper Die Welt reported, citing an interview with Ralf Kleber, head of the company’s operations in the country. Kleber didn’t specify the timing of the plan. Amazon already operates offline stores in the US and the UK, including Amazon Go supermarkets and the Whole Foods Market chain. It has …

Bloomberg Manhattan home sales slipped 1.2% in the fourth quarter — and that’s the best news for the market in two years. It was the smallest year-over-year decline in deals since buyers started retreating in 2017, according to a report by appraiser Miller Samuel Inc and brokerage Douglas Elliman Real Estate. While home-shoppers are still wary of overpaying in a …