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"The underlying drivers of the protests are certainly deep-seated and intractable," Moody's said, calling the response "slow, tentative, and inconclusive."
The value of retail sales dropped 24% in October from the same period last year, according to government data released Monday.
The protests are "exacerbating an already-weak economy" by harming the retail, tourism, and restaurant sectors, Financial Secretary Paul Chan said.
Singapore just beat out the US as the world’s most competitive economy again – here are the 3 areas it shone in
Singapore scored full marks on the pillar for health, which is an assessment of health-adjusted life expectancy.
Fitch slashes Hong Kong’s credit rating as months of protests have inflicted ‘long-lasting damage’ on its financial system
Hong Kong's business community has struggled to weather the fallout from months of protests throughout the city.
Hong Kong’s ‘next Central’ land site has a US$18 billion price tag – but will anyone dare bid for it?
Tender opens next month o...
People use ATM mach...