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Economic Reports Trade Balance

  • BEIJING, May 27- China's trade deficit in services narrowed to $20.3 billion in April from $21 billion in March, the foreign exchange regulator said on Thursday. April's gap was largely led by a $18.3 billion gulf in spending between Chinese who spent more abroad than foreign tourists did in China, data from the State Administration of Foreign Exchange showed.

  • BRASILIA, May 24- Brazil recorded a surprise current account surplus of $412 million in April, its first in seven years, on the back of an improved trade surplus, the central bank said on Tuesday. Brazil's last monthly surplus was $124.8 million in April of 2009. Brazil attracted $6.8 billion in foreign direct investment in April, more than the $6.2 billion surplus...

  • *Dollar/yen falls on Japan trade data, weaker Nikkei. TOKYO/ SYDNEY, May 23- The dollar fell versus the yen on Monday, dragged lower by sliding Tokyo stocks and data showing Japan logged a much larger-than-expected trade surplus in April. Japan logged a trade surplus for the third consecutive month.

  • The world's third-largest economy recorded its seventh straight month of falling exports in April, with the yen's spike widely blamed.

  • TOKYO, May 23- Japan's exports fell 10.1 percent in April from a year earlier, down for a seventh straight month, Ministry of Finance data showed on Monday, reflecting sluggish demand from China and emerging markets. That matched a 10.0 percent decrease expected by economists in a Reuters poll, and followed a 6.8 percent drop in March. The trade balance came to a...

  • HAVANA, May 18- Cuba's chronic goods trade deficit widened by $1.5 billion in 2015 as exports fell 24 percent and imports rose 3 percent, the government said on Wednesday, in the first data showing a commodity crash has hurt the economy. Cuba orders much of its imports a year in advance. While no statistics are available, revenues from the sale of professional...

  • 40% of manufacturing jobs taken out of the process: CEO

    Thomas Donohue, CEO & President of the U.S. Chamber of Commerce, explains how new technology has impacted jobs in the manufacturing industry.

  • Thomas Donohue: Free trade creates jobs

    Thomas Donohue, CEO & President of the U.S. Chamber of Commerce, shares his thoughts on why the Trans-Pacific Partnershop agreement would create jobs.

  • China is way ahead of the US on this: Stephen Roach

    The former Morgan Stanley Asia chairman tells CNBC, "China's e-commerce share of its total retail sales is double that of the United States." And former Yum! Brands CEO David Novak weighs in.

  • The United States has for years called for Germany and other countries with current account surpluses to do more to boost lacklustre domestic demand. The Organisation for Economic Cooperation and Development and the International Monetary Fund have also urged Germany to step up public and private investment in infrastructure to reduce its current...

  • *April trade surplus $45.56 bln vs f'cast $40 bln. BEIJING, May 8- China's exports fell more than expected in April, reversing the previous month's brief recovery, as weak global demand weighed on trade out of the world's second-largest economy. China had a trade surplus of $45.56 billion in April, versus forecasts of $40 billion.

  • BEIJING, May 8- China's April exports disappointed analyst expectations, falling 1.8 percent from a year earlier, while imports fell by 10.9 percent, customs data showed on Sunday. That left the country with a trade surplus of $45.56 billion for the month, the General Administration of Customs said. Analysts polled by Reuters had expected exports to fall by 0.1...

  • BEIJING, May 8- China's General Administration of Customs says:. April yuan-denominated exports +4.1 pct y/y April yuan-denominated imports -5.7 pct y/y April trade balance +298 billion yuan. *Note: Customs to release March dollar-denominated trade.

  • *Trade deficit falls 13.9 percent to $40.4 billion in March. If Friday's payrolls report corroborates that trend, a June rate hike certainly remains an option, "said Harm Bandholz, chief economist at UniCredit Research in New York. The Institute for Supply Management said its nonmanufacturing index rose 1.2 percentage points to a reading of 55.7 in April, with...

  • TORONTO, May 4- Canada's main stock index fell on Wednesday as U.S. and Canadian data added to concerns about the growth outlook and a wildfire reduced production in the country's oil sands region. U.S. private sector job growth slowed in April to its weakest in three years, while Canada's trade deficit widened in March to a record C $3.41 billion as exports sank for...

  • *Trade deficit falls 13.9 percent to $40.4 billion in March. WASHINGTON, May 4- The vast U.S. services sector expanded in April as new orders and employment accelerated, bolstering views that economic growth would rebound after almost stalling in the first quarter. The Institute for Supply Management said its nonmanufacturing index rose 1.2 percentage points...

  • LONDON, May 4- Sterling fell broadly on Wednesday after data from Britain's construction sector added to a subdued outlook for the economy just months before the vote on Britain's future in the European Union. Most economists reckon leaving the EU would deal a blow to the British economy, with a hefty current account deficit- 7 percent of GDP in the last quarter of...

  • *Trade deficit falls 13.9 percent to $40.4 billion in March. WASHINGTON, May 4- U.S. private employers hired the fewest number of workers in three years in April, which could raise concerns that a recent sharp slowdown in economic growth was spilling over to the labor market. Job growth noticeably slowed, with some weakness across most sectors, " Mark Zandi, chief...

  • OTTAWA, May 4- Canada's trade deficit in March unexpectedly widened to a record C $3.41 billion as exports sank for a second month on widespread weakness, Statistics Canada data indicated on Wednesday. Exports to the United States, which accounted for 74.2 percent of Canada's global total in March, fell by 6.3 percent while imports dropped by 4.8 percent.

  • WASHINGTON, May 4- The U.S. trade deficit fell more than expected in March as imports of goods tumbled to their lowest level since 2010, a potential boost to first-quarter economic growth estimates that also hints at sluggish domestic demand. The Commerce Department said on Tuesday the trade gap fell 13.9 percent to $40.4 billion, the smallest since February...