HONG KONG, Dec 12- China's yuan fell against the dollar on Thursday as investors betting on yuan appreciation moved to take profits toward year-end, while "hot money" inflows appeared to be dampened by Chinese regulators. Traders say the upward trend of the Chinese currency remains intact, however, given China's good economic fundamentals and trade surplus.» Read More
WASHINGTON, Oct 24- The U.S. trade deficit widened slightly in August as exports slipped, suggesting trade will probably not be much of a boost to growth in the third quarter. The Commerce Department said on Thursday the trade gap nudged up 0.4 percent to $38.8 billion.
TOKYO, Oct 21- Japanese exports rose 11.5 percent in September from a year earlier, Ministry of Finance data showed on Monday, reflecting the effects of a weaker yen and a pick-up in global demand. Higher import costs resulted in a trade deficit of 932.1 billion yen compared with the median estimate for a 920 billion yen deficit.
TOKYO/ PERTH, Oct 16- Japan plans to start up 14 new gas and coal-fired power plants by the end of 2014, allowing a switch away from pricey oil, as Tokyo struggles with a shutdown of nuclear reactors and energy imports drive a record trade deficit. They will also give Japan a bigger buffer to prevent future power outages when generation plants go offline.
BEIJING, Oct 12- China's exports unexpectedly fell 0.3 percent in September from a year earlier, while imports rose 7.4 percent, leaving the country with a trade surplus of $15.2 billion for the month, the Customs Administration said on Saturday.
NEW DELHI, Oct 9- India's trade deficit narrowed to a two-and-a-half-year low in September, raising hopes for a significant reduction in the country's gaping current account deficit, which helped send the rupee to record lows in recent months.
By David Ljunggren and Louise Egan. OTTAWA, Oct 8- Canada's trade deficit widened more than expected in August as imports soared to a record high, suggesting that exports were still not providing the much-desired boost to economic growth in the third quarter.
JAKARTA, Oct 8- Bank Indonesia held its benchmark reference rate unchanged for the first time since May on Tuesday, thanks to encouraging data and developments that have eased pressure on the ailing rupiah. Governor Agus Martowardojo said Indonesia's current account deficit is likely to be 3.4 percent of gross domestic product this year.
JAKARTA, Oct 8- Indonesia's current account deficit is likely to be 3.4 percent of gross domestic product this year, central bank governor Agus Martowardojo said on Tuesday. The deficit hit 4.4 percent of GDP in the second quarter, helping drive down sentiment about the rupiah, which is now Asia's worst performing currency.
*Japan's status as net creditor nation in doubt. TOKYO, Oct 8- Japan's current account surplus tumbled in August due to declining overseas profits and chronic trade deficits, raising questions about the nation's ability to rely on its status as a net creditor to ease the pain of its massive public debt pile.
TOKYO, Oct 8- Japan's current account surplus fell 63.7 percent in August from a year earlier, Ministry of Finance data showed on Tuesday, as a chronic trade deficit and a decline in income from investments overseas weighed on the country's balance of payments. The fall in the surplus compared with a median estimate for a 23.4 percent annual increase.
Muhammad Chatib Basri, Finance Minister of Indonesia explains how the current account deficit is being reduced and rules out the prospect of capital controls.
JAKARTA, Oct 1- Indonesia recorded a surprise trade surplus for August, its first in five months, offering some relief to the ailing rupiah, but the country's current account deficit will likely keep weighing on Asia's weakest currency this year.
MUMBAI, Sept 30- India's current account deficit grew less than expected in the June quarter and is tipped to ease in coming months as a pick-up in exports and lower gold imports improve the trade balance, offering relief to the battered rupee.
MUMBAI, Sept 30- India's current account deficit was narrower than expected at $21.8 billion, or 4.9 percent of gross domestic product, in the June quarter, data released on Monday showed. India's balance of payments slipped marginally into deficit for the June quarter at $346 million versus a surplus of $2.68 billion in March quarter.
LONDON, Sept 29- A sharp rise in the euro zone's current account surplus puts the focus firmly on what Germany's new government can do to boost consumption and revive investment in Europe's largest economy. But the main reason is Germany, which ran a surplus with non-euro countries last year of 94.93 billion euros, according to Bundesbank data.
Valentijn Van Nieuwenhuijzen, Head of Investment Strategy, Multi Assets at ING Investment Management says that the project will be more successful if it is expanded beyond just one region.
WASHINGTON, Sept 19- An increase in U.S. exports narrowed the country's current account deficit in the second quarter to its lowest level in four years, the Commerce Department said on Thursday.
TOKYO, Sept 19- Japan's exports rose 14.7 percent in August from a year earlier as a weak yen and an increase in global demand boosted shipments of Japanese goods, government data showed on Thursday. The trade balance came to a deficit of 960.3 billion yen compared with the median estimate for a 1.1 trillion yen deficit.
ATHENS, Sept 18- Strong spending by foreign visitors widened Greece's current account surplus in July, confirming expectations that a bumper tourism season will help ease the debt-laden country's recession this year. Greece's current account deficit had swollen to 15 percent of gross domestic product in 2008, highlighting its lack of competitiveness.
*Japan's trade deficit expected to stay. TOKYO, Sept 17- Japan is on course for its longest run of trade deficits, effectively marking the end of the nation's decades-long reliance on exports from the likes of electronics giant Sony and automaker Toyota as a driver of growth and income.