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Trade Balance

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  • *May trade surplus $2.42 bln vs poll's $500 mln surplus. BANGKOK, June 26- Thai exports dropped more than forecast in May and imports had their biggest tumble in nearly six years, emphasizing how the country's traditional growth engine of trade is not giving the struggling economy any help. Many of Thailand's imported materials are assembled into completed...

  • Thai May exports fall 5 pct y/y, imports tumble 20 pct Friday, 26 Jun 2015 | 12:16 AM ET

    *Poll had forecast May exports at -2.9 pct y/y. *May trade surplus $2.42 bln vs poll's $500 mln surplus. BANGKOK, June 26- Thai customs-cleared trade data from the Commerce Ministry:.

  • SEOUL, June 25- The South Korean government said on Thursday it will pass a supplementary budget to counter economic fallout from the ongoing outbreak of Middle East. The finance ministry said the supplementary budget woud be part of measures to "reinforce finances" by more than 15 trillion South Korean won. The current account surplus is expected to reach $94.0...

  • Current account trade deficit widens to $113.3 billion Thursday, 18 Jun 2015 | 8:42 AM ET

    WASHINGTON— The deficit in the broadest measure of U.S. trade increased in the January-March quarter to the highest level since the spring of 2012 as American exports declined. The Commerce Department said Thursday that the deficit in the current account increased to $113.3 billion in the first quarter, up 9.9 percent from a fourth quarter deficit of $103.1...

  • WASHINGTON, June 18- The U.S. current account deficit widened in the first quarter to its highest level since 2012 likely due to the negative impact of a strong dollar on overseas profits and exports. The Commerce Department said on Thursday the current account deficit, which measures the flow of goods, services and investments into and out of the country,...

  • Japan May exports rise 2.4 pct year/year - MOF Tuesday, 16 Jun 2015 | 7:54 PM ET

    TOKYO, June 17- Japanese exports rose 2.4 percent in May from a year earlier, up for the ninth straight month, Ministry of Finance data showed on Wednesday, underscoring a gradual recovery in external demand. The rise compared with a 3.5 percent increase expected by economists in a Reuters poll. That brought the trade balance to a deficit of 216.0 billion yen,...

  • JAKARTA, June 15- Indonesia data contained the good news that the country's wide current account most likely is narrowing, but Monday also produced evidence that consumer demand is much weaker than expected ahead of the biggest shopping season. May produced a large trade surplus of $950 million, instead of $410 million seen in a Reuters poll, and that should help...

  • *Trade surplus $59.49 bln, vs f'cast $44.95 bln. BEIJING, June 8- A bigger-than-expected slide in China's imports in May strengthened expectations more policy stimulus may be needed to avert a sharp slowdown in the world's second-largest economy. We expect trade conditions to continue to be sluggish in the following 4-5 months, with more government policy...

  • SHANGHAI, June 8- China's yuan eased against the dollar on Monday after the central bank set the daily guidance rate lower for a second straight session, but a near record trade surplus helped to reverse the loss, traders said. The People's Bank of China set the midpoint rate at 6.1205 per dollar prior to market open, 0.04 percent weaker than the previous fix at...

  • BEIJING, June 8- China's exports in May fell 2.5 percent from a year earlier in dollar-denominated terms, better than market expectations, while imports tumbled 17.6 percent. That left the country with a trade surplus of $59.49 billion for the month, the General Administration of Customs said on Monday. Economists polled by Reuters had expected exports in May to...

  • BEIJING, June 8- China's exports, denominated in yuan, fell 2.8 percent in May from a year earlier, state television cited the General Administrating of Customs as saying on Monday. Yuan-denominated imports tumbled 18.1 percent in May from a year earlier, it said. That produced a monthly trade surplus of 366.8 billion yuan.

  • *U.S. services growth slows in May- ISM, Markit. NEW YORK/ WASHINGTON, June 3- The U.S. trade deficit narrowed in April on a drop in imports, which surged in March following the end of a West Coast ports labor dispute, while companies picked up their hiring in May after a pullback the previous month. September is very much on table, "said Christopher Low, chief economist at FTN...

  • NEW YORK/ WASHINGTON, June 3- The U.S. trade deficit narrowed in April on a drop in imports, which surged in March following the end of a West Coast ports labor dispute, while companies picked up their hiring in May after a pullback the previous month. The U.S. Commerce Department on Wednesday said the trade gap narrowed to $40.9 billion from March's revised deficit of...

  • OTTAWA, June 3- Canada posted a near-record trade deficit of C $2.97 billion in April, when both imports and exports fell in another sign of challenges facing the economy, Statistics Canada data showed on Wednesday. Exports to the United States, which accounted for 76 percent of Canada's global total in April, grew by 1.6 percent, while imports dropped 1 percent.

  • The U.S. Commerce Department on Wednesday said that the U.S. trade gap shrunk to $40.9 billion in April, down from March's revised deficit of $50.6 billion. Imports fell 3.3 percent to $230.8 billion as West Coast ports, a key entry point for goods to and from Asia, cleared a backlog created by a labor dispute that was settled earlier this year. The...

  • June 3- U.S. stock index futures were higher on Wednesday ahead of the European Central Bank's monetary policy meeting and the release of private sector job numbers. *Also due on Wednesday are trade deficit numbers for April at 8:30 a.m. ET and the Institute for Supply Management's non-manufacturing index for May at 10:00 a.m.. *Synchronoss Technologies'...

  • Japan April exports rise 8.0 pct year/year - MOF Sunday, 24 May 2015 | 7:54 PM ET

    TOKYO, May 25- Japan's exports rose 8.0 percent in April from a year earlier, up for an eighth straight month, Ministry of Finance data showed on Monday, underlining a gradual pickup in external demand. The trade balance came to a deficit of 53.4 billion yen, versus the median estimate for a 318.9 billion yen deficit. To view full tables, go to the website of the Ministry...

  • JAKARTA, May 15- Indonesia's current account deficit narrowed in the first quarter from the previous one, helped by a better trade performance, the central bank said on Friday. A large current account deficit has been one of Indonesia's economic problems and at times has pressured the rupiah, which in 2015 has been emerging Asia's weakest currency, depreciating...

  • *April trade surplus $454 mln, vs $120 mln forecast. JAKARTA, May 15- Indonesia posted a trade surplus for the fifth straight month in April, but that stemmed from imports tumbling more quickly from a year earlier than exports did, showing that the economy remained sluggish at the start of the second quarter. The Statistics Bureau did not give an April breakdown, but...

  • Free trade and jobs: Greg Mankiw Monday, 11 May 2015 | 8:31 AM ET
    Free trade and jobs: Greg Mankiw

    Greg Mankiw, Harvard economics professor, provides insight to the long-term benefits of an international trade agreement, and why education is key to opportunities.