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Trade Balance

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  • China Q1 trade deficit in services widens to $41.2 bln Thursday, 30 Apr 2015 | 6:52 AM ET

    BEIJING, April 30- China's trade deficit in services widened to $41.2 billion in the first three months of the year, as Chinese tourists spent more abroad compared with foreigners visiting the mainland. The trade deficit in services was led by a $40.6 billion gap in spending between Chinese and foreign tourists, according to data from the State Administration...

  • TOKYO, April 22- Japan posted its first trade surplus in nearly three years in March as exports of cars and electronics picked up, an encouraging sign that economic growth may be back on track after a sluggish start to the year. Weighed down by lower oil prices, imports by value tumbled 14.5 percent, more than the 12.8 percent drop expected, leaving Japan with a trade...

  • Japan March exports rise 8.5 pct year/year - MOF Tuesday, 21 Apr 2015 | 7:56 PM ET

    TOKYO, April 22- Japan's exports rose 8.5 percent in March from a year earlier, a faster pace than in the previous month, government data showed on Wednesday, in a sign that overseas demand is gathering strength. The trade balance came to a surplus of 229.3 billion yen, versus the median estimate of a 50.0 billion yen surplus. For background, please view this PREVIEW To...

  • NEW DELHI, April 17- India's trade deficit in March was the highest in four months, at $11.79 billion, as exports continued to fall, underscoring risks for growth prospects in Asia's third largest economy. That could be about to change, with policymakers and businesses fretting that weak foreign demand could torpedo Prime Minister Narendra Modi's...

  • Euro zone surplus widens but trade with Russia plummets Wednesday, 15 Apr 2015 | 5:04 AM ET

    *EU exports to Russia in Jan-Feb fall 34 pct. BRUSSELS, April 15- An increase in exports and stable imports helped the euro zone widen its trade surplus in February, although by slightly less than expected, as a weaker euro helped soften the continued fall in sales to Russia. The weaker euro, helped by a U.S.-style bond-buying programme by the European Central Bank,...

  • TOKYO, April 13- A rally in China's stock markets to seven year highs on Monday kept an index of Asian shares near its highest level since September, as weak Chinese trade data hardened expectations for more economic stimulus measures from Beijing. Exports contracted 15 percent in March from a year earlier, in a surprise drop that left China with a trade surplus of...

  • *March trade balance $3.08 bln, below poll's $45.35 bln. BEIJING, April 13- China's export sales contracted 15 percent in March while import shipments fell at their sharpest rate since the 2009 global financial crisis, a shock outcome that deepens concern about sputtering Chinese economic growth. "It leads to warning flags both on global demand and China's...

  • BEIJING, April 13- China's imports have weakened as the economy faces relatively large downward pressure, while exporters are having to deal with obstacles including higher labour costs and a stronger yuan, a General Administration of Customs spokesman said on Monday. China had a trade surplus of 18.2 billion yuan last month, according to the yuan figures...

  • BEIJING April 13- China's March exports badly missed expectations, falling 15 percent from a year earlier in dollar-denominated terms, while imports fell by 12.7 percent. That left the country with a trade surplus of $3.08 billion for the month, the General Administration of Customs said on Monday. Analysts polled by Reuters had expected exports to rise by 12.0...

  • BEIJING, April 13- China's exports as calculated in yuan fell 14.6 percent in March from a year ago, government data showed on Monday, suggesting that a lackluster trade sector was a drag on the country's slackening economy. The performance left China with a trade surplus of 18.2 billion yuan last month, according to the yuan figures released on Monday.

  • Japan Feb current account surplus 1.44 trln yen Tuesday, 7 Apr 2015 | 7:53 PM ET

    TOKYO, April 8- Japan's current account logged a surplus for the eighth straight month in February, Ministry of Finance data showed on Wednesday, as a weak yen boosted income from overseas investments and falling oil prices narrowed the trade deficit. The surplus stood at 1.44 trillion yen, against a median forecast for a 1.15 trillion yen surplus.

  • TOKYO, April 3- Japan likely posted its eighth straight monthly current account surplus in February, a Reuters poll showed, as lower oil prices trimmed the trade deficit and a soft yen boosted income from overseas investments. The finance ministry will announce the data at 8:50 a.m. Tokyo time on Wednesday, April 8. Japan has emerged from a recession that hit...

  • FOREX-Dollar down for 2nd day ahead of U.S. payrolls Thursday, 2 Apr 2015 | 3:50 PM ET

    *U.S. trade deficit fell in February to lowest since Oct. 2009. NEW YORK, April 2- The dollar fell for a second straight session on Thursday, as investors continued to pare back hefty positions ahead of an all-important U.S. non-farm payrolls report that could disappoint those with a bullish view on the greenback. "This is just positioning ahead of payrolls and the...

  • *Trade deficit falls to $35.4 billion, smallest since 2009. "Today's report reinforces our view that labor market conditions continue to improve despite recent disappointments in a number of indicators related to GDP growth," said Daniel Silver, an economist at JPMorgan in New York. Initial claims for state unemployment benefits dropped 20,000 to a seasonally...

  • *Trade deficit falls to $35.4 billion, smallest since 2009. WASHINGTON, April 2- The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continues to expand at a solid clip even as economic growth has stalled. Initial claims for state unemployment benefits dropped 20,000 to a seasonally...

  • OTTAWA, April 2- Canada's trade deficit in February unexpectedly shrank to C $984 million from C $1.48 billion in January as exporters benefited from stabilizing oil prices, Statistics Canada data indicated on Thursday. Crude prices roughly halved between June and January, cutting revenues of major energy-producing nations such as Canada.

  • WASHINGTON, April 2- The U.S. trade deficit in February fell sharply to its lowest level since 2009, likely as a labor dispute at one of the country's main ports depressed both imports and exports. The Commerce Department said on Thursday the trade deficit narrowed 16.9 percent to $35.4 billion, the smallest since October 2009. January's shortfall on the trade...

  • SEOUL, April 1- Following are South Korea's preliminary export and import figures for March, released by the Ministry of Trade, Industry and Energy on Wednesday:. MARCH* FEB Balance 8.4 7.7 Exports 47.0 41.5 -4.2 -3.3 Imports 38.6 33.8 -15.3 -19.7* Revised figures released on March 16. The trade surplus last month was the biggest on record.- The average export value...

  • TOKYO, March 25- Purchases of foreign stocks and bonds by Japan's giant pension funds and other big investors in 2015 could be their highest for at least a decade, if they keep pace with the $42 billion splurged during the first two months. The outflows would wash away support that the yen could expect from a trade balance which, helped by cheap world oil prices and...

  • U.S. Q4 current account deficit largest since 2012 Thursday, 19 Mar 2015 | 8:30 AM ET

    WASHINGTON, March 19- The U.S. current account deficit widened sharply in the fourth quarter and was the largest since 2012, as exports and the primary income surplus fell. The Commerce Department said on Thursday the current account gap, which measures the flow of goods, services and investments into and out of the country, increased to $113.5 billion from a...