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Economic Reports Trade Balance

  • BERLIN, Jan 30- Germany views its current account surplus as high, but it is not an excessive imbalance, an economy ministry spokeswoman said on Monday, adding that Germany's surplus with other euro zone countries had halved over the past eight years. "That shows there is a reduction of trade imbalances within the euro zone," the spokeswoman said, adding that 44...

  • GERMAN CURRENT ACCOUNT SURPLUS WILL HAVE HIT RECORD HIGH OF $297 BILLION IN 2016- IFO INSTITUTE.

  • BERLIN, Jan 30- Germany's current account surplus is expected to have hit a new record of $297 billion in 2016, overtaking that of China again to become the world's largest, the Munich- based Ifo economic institute said on Monday. The European Commission and the United States have urged Germany to lift domestic demand and imports to help reduce global economic...

  • Cars pass by a billboard showing US President-elect Donald Trump and Russian President Vladimir Putin placed by pro-Serbian movement in the town of Danilovgrad on November 16, 2016.

    President Donald Trump could lift sanctions against Russia over the conflict in Ukraine by himself and under the mantra that he is putting America first.

  • * "That will please the European Commission". The European Commission and the International Monetary Fund have repeatedly urged Germany to take advantage of record-low borrowing costs and increase investment as a measure to reduce the country's large trade and current account surpluses. The United States last year flagged concerns over economic policies...

  • BERLIN, Jan 26- Germany's current account surplus is likely to shrink this year because a slowdown in global trade is dampening export growth while strong domestic demand is pushing up imports, Economy Minister Sigmar Gabriel said on Thursday. "German exports will increase rather moderately whereas imports will grow more strongly due to robust domestic...

  • BEIJING, Jan 26- China's trade deficit in services widened to $260.1 billion last year, from $206.5 billion in 2015, the foreign exchange regulator said on Thursday. The December deficit also widened month-on-month to $26.1 billion, from $25.4 billion in November. December's deficit was largely due to a $24.2 billion gulf in spending between foreign tourists...

  • Traders work on the main trading floor of the New York Stock Exchange as the Dow Jones industrial average passes the 20,000 mark shortly after the opening of the trading session on Jan. 25, 2017.

    The Dow burst through 20,000 after just a two-month, 1000-point ride, and strategists say stocks could continue to move up for now, as retail investors are lured in.

  • Japan's exports rose 5.4 percent in December from a year earlier, posting the first gain in 15 months.

  • BUENOS AIRES, Jan 24- Argentina posted a $2.1 billion trade surplus in 2016, government statistics agency Indec said on Tuesday, as a 6.9 percent decline in imports outweighed a smaller increase in exports. Argentina had posted a $2.7 billion trade deficit in 2015.. Argentina's exports totaled $57.7 billion in 2016, up 1.7 percent from last year, while imports...

  • BRASILIA, Jan 24- Brazil's central bank recorded a current account deficit of $23.507 billion in 2016, shrinking from the previous year and covered entirely by the $78.9 billion in foreign direct investment that flowed into the country, central bank data showed on Tuesday. In 2015, Latin America's largest economy had an external deficit of $58.8 billion and...

  • Lorber: How regulations hurts consumers

    Howard Lorber, Vector Group president & CEO, talks about the impact of regulations on consumers.

  • It's time for new tax plan: Howard Lorber

    Howard Lorber, Vector Group president & CEO, discusses Trump's border tax plan and why he is skeptical of a revenue neutral plan.

  • President Donald Trump gives his inaugural address during ceremonies at the US Capitol in Washington, DC, on January 20, 2017.

    Following a morning rally before Donald Trump's inauguration, stocks waffled.

  • Australia remains committed to free and open trade relationships, according to Mathias Cormann, Australia's finance minister.

  • Davos, Switzerland gets ready to host the World Economic Forum this week.

    The latest WEF report stressed that the way a country measures economic growth must be re-imagined to prioritize people's living standards.

  • TORONTO, Jan 13- The Canadian dollar edged higher against its U.S. counterpart on Friday even as oil prices fell, with recent upbeat domestic data helping to underpin the currency ahead of a Bank of Canada interest rate decision next week. But data last week showed a surge in jobs in December and the first trade surplus in more than two years in November, while a Bank...

  • BEIJING, Jan 13- China's trade surplus with the United States fell to $250.79 billion in 2016 from $260.91 billion in 2015, customs data showed on Friday. China, the world's largest trading nation, could be heavily exposed to protectionist measures this year if U.S. President-elect Donald Trump follows through on campaign pledges to brand it a currency...

  • BEIJING, Jan 13- China's December exports fell by a more-than-expected 6.1 percent from a year earlier, while imports beat forecasts slightly, growing 3.1 percent on strong demand for commodities from coal to iron ore, official data showed on Friday. That left the country with a trade surplus of $40.82 billion for the month, the General Administration of Customs...

  • BRIEF- CHINA DEC EXPORTS IN YUAN TERMS UP 0.6 PCT Y/Y, IMPORTS. Jan 13- China's exports denominated in yuan rose 0.6 percent in December from the same period a year earlier, the General Administration of Customs said on Friday. *That produced a trade surplus of 275.42 billion yuan in December.