By noon on a recent weekday, Nguyen Thi Hanh hadn’t sold a single mooncake at her sidewalk kiosk set up for the Mid-Autumn Festival on a busy street in Hanoi. She squatted on the ground to tend to her embroidery, instead.
Belle International Holdings Ltd. , China’s largest retailer of women’s shoes, led Hong Kong-listed shoe and clothing companies higher as investors anticipated sales will increase during national holidays.
Palm oil fell to the lowest level in more than a week after China’s leadership indicated that it chose slower economic growth, boosting concern that demand from the second-largest consumer may be hurt.
Palm oil headed for a fourth weekly advance on speculation that rising demand in India and China may counter a build-up in stockpiles in Malaysia as output expands seasonally in the world’s second-largest producer.