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Trade Balance

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  • NEW DELHI, Nov 12- India, the world's third-largest buyer of overseas coal, may be able to stop imports of power-generating thermal coal in the next three years as state behemoth Coal India steps up production, the country's power and coal minister said. "I'm very confident of achieving these targets and am very confident that India's current account deficit will...

  • SHANGHAI, Nov 10- China's exports and large trade surplus in October pointed to signs of manipulation and inflows of speculative hot money, the official Shanghai Securities News said on Monday, suggesting that firms continue to over-invoice trade deals to avoid capital controls. "The possibility of hot money inflows cannot be excluded as Chinese mainland's...

  • China Oct exports up 11.6 pct yr/yr, above f'cast Friday, 7 Nov 2014 | 9:17 PM ET

    BEIJING, Nov 8- China's exports rose an above-forecast 11.6 percent in October from a year earlier, while imports rose 4.6 percent, leaving the country with a trade surplus of $45.4 billion for the month, the General Administration of Customs said on Saturday. The figures compared with market expectations in a Reuters poll of a 10.6 percent rise in exports, a 5.5...

  • German trade surge eases slowdown fears Friday, 7 Nov 2014 | 2:12 AM ET

    BERLIN, Nov 7- Germany exports surged 5.5 percent in September, rebounding from a steep fall in August, and imports pushed up 5.4 percent, helping ease concerns about the extent of a slowdown in Europe's largest economy. The Federal Statistics Office said September's trade surplus stood at 18.5 billion euros, matching a consensus forecast.

  • OTTAWA, Nov 4- A rise in exports and a sharp drop in energy imports caused by refinery shutdowns helped Canada post a surprise trade surplus of C $710 million in September, Statistics Canada data showed on Tuesday. Bank of Canada Governor Stephen Poloz has pointed to longstanding weakness in the export sector as one reason the country's economy is struggling to...

  • *Trade deficit rises to $43.03 billion in September. The Commerce Department said on Tuesday the trade gap increased 7.6 percent to $43.03 billion. "The disappointing performance in export activity suggests that the loss of export competitiveness from the strong dollar and the weak global backdrop are becoming a net drag on U.S. economic activity," said Millan...

  • OTTAWA, Nov 4- A sharp drop in energy imports caused by temporary refinery shutdowns helped Canada post a surprise trade surplus of C $710 million in September, Statistics Canada data indicated on Tuesday. Bank of Canada Governor Stephen Poloz points to long-standing weakness in the export sector as one reason the economy is struggling to reach full potential.

  • WASHINGTON, Nov 4- The U.S. trade deficit unexpectedly widened in September as exports hit a five-month low, suggesting slowing global demand could undercut economic growth in the final three months of the year. The Commerce Department said on Tuesday the trade gap increased 7.6 percent to $43.03 billion. Exports in September fell 1.5 percent to $195.59...

  • *Exports to U.S., China gain while shipments to EU fall. Shipments were mainly propped up by demand from the United States and China, while consumer goods imports gained, easing concerns over a slow recovery in domestic spending. Exports grew 2.5 percent to $51.8 billion in October from a year earlier and imports fell 3.0 percent to $44.3 billion, the Ministry of...

  • WASHINGTON, Oct 30- A smaller trade deficit and surge in defense spending buoyed U.S. economic growth in the third quarter, but domestic demand slipped, hinting at some loss of momentum. Gross domestic product grew at a 3.5 percent annual pace, the Commerce Department said on Thursday. "The report was broadly constructive, but with weakness emerging in housing and...

  • *Economy grows at 3.5 percent pace in third quarter. WASHINGTON, Oct 30- A smaller trade deficit and a surge in defense spending buoyed U.S. economic growth in the third quarter, but other details of Thursday's report hinted at some loss of momentum in activity. Gross domestic product grew at a 3.5 percent annual rate, the Commerce Department said on Thursday,...

  • Will Asia’s exports ever recover? Wednesday, 29 Oct 2014 | 6:38 PM ET

    Asia's export growth has stalled since a post-financial crisis recovery, faced with a combination of weak global demand and structural changes, HSBC said.

  • Japan Sept exports rise 6.9 pct year/year - MOF Tuesday, 21 Oct 2014 | 8:02 PM ET

    TOKYO, Oct 22- Japan's exports rose 6.9 percent in September from a year earlier, government data showed on Wednesday, in a tentative sign that external demand is starting to pick up. The trade balance came to a deficit of 958.3 billion yen, versus the median estimate of a 777.0 billion yen deficit. To view full tables, go to the website of the Ministry of Finance at:...

  • Separate data showed Britain's goods trade deficit narrowed in August but only because imports fell more sharply than exports. Construction output slid 3.9 percent on the month and fell year-on-year for the first time since May 2013, by 0.3 percent, the Office for National Statistics said. Data earlier this week showed industrial production was flat in...

  • JGBs edge higher, bolstered by safe-haven bid Wednesday, 8 Oct 2014 | 12:58 AM ET

    TOKYO, Oct 8- Japanese government bonds rose on Wednesday, taking their cue from sagging stocks amid worries about global growth. Japan's Nikkei stock average skidded 1.2 percent in afternoon trading. The JGB market shrugged off Ministry of Finance data that showed Japan's current account surplus grew in August, as income from investments overseas bolstered...

  • TOKYO, Oct 8- Japan's current account surplus grew in August, Ministry of Finance data showed on Wednesday, as income from investments overseas bolstered the balance of payments. The surplus stood at 287.1 billion yen, against a median forecast for a 198.0 billion yen surplus in a Reuters poll of economists. The surplus in the income balance was 1.5 trillion yen, up...

  • OTTAWA, Oct 3- Canada unexpectedly posted a C $610 million trade deficit in August as exports dropped and imports rose by the largest amount in almost two years to hit a record high, Statistics Canada data showed on Friday. Market analysts had expected a C $1.55 billion surplus after a revised C $2.20 billion surplus in July. "This gives plenty of scope for Governor...

  • OTTAWA, Oct 3- Canada unexpectedly posted a C $610 million trade deficit in August as exports dropped and imports rose by the highest amount in almost two years to hit a record, Statistics Canada data indicated on Friday. Bank of Canada Governor Stephen Poloz said on Sept. 16 he was cautiously optimistic the export sector was starting to recover as the U.S. economy...

  • U.S. trade deficit narrows on rise in exports Friday, 3 Oct 2014 | 8:32 AM ET

    WASHINGTON, Oct 3- The U.S. trade gap unexpectedly narrowed in August to its smallest level in seven months on an increase in exports, supporting views of sturdy economic growth in the third quarter. The Commerce Department said on Friday the trade gap narrowed 0.5 percent to $40.1 billion. The politically sensitive trade gap with China narrowed in August, while...

  • Drill baby, drill! Oil surge narrows US trade gap Friday, 3 Oct 2014 | 8:30 AM ET

    The world's largest economy's trade deficit narrowed unexpectedly in August, due in large part to a record surge in petroleum exports.