Export orders fall less than expected

Export orders declined at a less-than-expected annual rate of 5.3 percent to US$42.55 billion last month, while the annual contraction in export orders is expected to shrink this month, supported mainly by the robust sales figures of Apple Inc’s iPhone 6S smartphones, the Ministry of Economic Affairs said yesterday. The figure beat the ministry’s estimate of a 6.47 percent annual decline, but still marked the seventh consecutive month of...