Oil Prices Fall as G7 Reserve Release Eases Supply Fears 
Europe EV Sales Hit Record as Affordable Models Boost Demand 
Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge 
Nasdaq Hits Record High as Tech Stocks Lift Wall Street 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
German Industrial Orders Plunge 10.6% in August 
Gold Prices Rise as Weak US Jobs Data Cuts Fed Hike Bets 
Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure 
Asian Currencies Steady as Dollar Holds Near 18-Month High 
Euro Hits 17-Month Low as France Debt Fears Boost Dollar 
Samsung, SK Hynix Shares Fall Ahead of Q3 Earnings 
Add as a preferred source on Google
Hong Kong's exports increased unexpectedly in August, defying market expectations for a rise in the country’s overseas shipments, after falling in the previous two months.
Hong Kong’s value of total exports rose 0.8 percent year-over-year in August, reversing a 5.1 percent decline in July. Economists had expected a 2.0 percent fall for the month, data released by the Census and Statistics Department showed Tuesday.
Further, the value of re-exports climbed 0.8 percent, while domestic exports dipped 3.4 percent. Imports grew 2.8 percent annually in August, in contrast to a 3.3 percent decrease in the prior month. Meanwhile, it was expected to drop by 1.0 percent.
The visible trade deficit of the country widened to HKD32.09 billion in August from HKD25.07 billion in the same month of 2015. That was above the shortfall of HKD29.0 billion expected by economists.
"Looking ahead, Hong Kong's export performance will still depend on global demand conditions," a government spokesperson said.
