BERLIN, May 22- Domestic demand was the main driver of German growth in the first quarter but foreign trade, which has propelled Europe's largest economy for much of the past decade, was a drag, data showed on Friday. That was weaker than in neighboring France, where the economy expanded by 0.6 percent on the quarter, and also disappointed compared with the euro zone...» Read More
The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data.
A Chinese trade delegation signed agreements with U.S. grain companies on Wednesday to buy 8.62 million metric tons of soybeans from the United States and will ink more deals on Thursday for a record-setting purchase topping 12 million metric tons.
When you look at the surge in hiring for the auto industry in the U.S. one factor overlooked is the fact America has become a huge auto exporter.
Friday, the Commerce Department is expected to report the deficit on international trade in goods and services was $47.8 billion in December, unchanged from November.
Japan's current account surplus shrank sharply last year to its smallest in 15 years as weak exports and surging fuel imports resulted in a rare trade deficit, raising worries about the country's declining ability to fund its huge public debt with domestic savings.
Euro zone and U.S. growth rates will probably diverge this year, with the euro zone contracting while U.S. growth accelerates, but U.S growth will be similar to that in the euro zone next year, Legal & General Investment Management said in a new report.
Japan has a trade deficit and Australia has inflation - it's time for your FX Fix.
Chinese trade data lifts currencies down under, and short covering lifts the euro from Monday's lows — it's time for your FX Fix.
Joe Terranova, Fast Money trader, and "Buy High, Sell Higher" author, discusses how he bungled his trade on Google, in 2011. "Always have an investment plan," he explains. "One of the greatest mistakes investors make is trading first and rationalizing the trade later."
Euro worries persist, the pound is weighed down, and the Swiss are shopping overseas - time for your FX Fix.
The Chinese Communist party’s vision for the country’s manufacturing industry does not include small family workshops as China’s leaders want the country to stop making shoddy junk and start inventing things. The Financial Times reports.
Sweden's Riksbank will meet and reach an interest rate decision Tuesday. Here's how to get ready.
The economic crisis threatens to increase protectionism as governments think more on a national than an international level, Pascal Lamy, Director General of the World Trade Organization (WTO) told CNBC Thursday.
The euro is down 2.6% in just two days - a huge move for a currency - and this strategist sees more weakness ahead. With the euro nosing below the 1.30 level against the dollar, is the worst over?
China’s president, Hu Jintao, on Sunday pledged an “even more active” opening up of the country’s economy and a renewed commitment to free trade as he sought to respond to concerns over apparent reform fatigue in Beijing and a deteriorating global economy. The Financial Times reports.
European leaders talk, China creates an investment fund - it's time for your FX Fix.
The U.S. economy may still be struggling to recover from a recession that began three years ago, but there is a silver lining. According to business consulting firm AlixPartners, a weak dollar and rising wages in China have helped U.S. manufacturers close the competitiveness gap with their Chinese counterparts for the first time since 2007.
Housing slumps but stocks jump in China, a reversal for Japanese bond yields and deficit problems dog India.
President Obama's recent hard line against China could lead to a trade war.
Chinese solar panel makers plan to shift some of their production to South Korea, Taiwan and the United States in hopes of defusing a trade case pending against them in Washington, according to industry executives. The New York Times reports.