Economic Measures Trade

  • Aluminum

    A hoard of aluminum worth about $2 billion was discovered in a remote desert region in Mexico, the WSJ reported.

  • LIMA, Sept 8- Peru registered a $484 million trade surplus in July, the country's biggest since December 2013, as copper exports surged 81 percent year-on-year and imports dropped 13 percent, the central bank said on Thursday. July 2016 July 2015 Balance+ $484 mln- $317 mln. Exports $3.245 bln $2.850 bln Imports $2.760 bln $3.167 bln.

  • *Traders say imports fell due to Tropical Storm Hermine. NEW YORK, Sept 8- Oil prices surged over 4 percent on Thursday, with Brent briefly touching $50 a barrel for the first time in two weeks, after a surprisingly huge drawdown in U.S. crude stocks as Gulf Coast imports slumped to a record low. Traders said the imports fell as ships delayed offloading cargos in Texas...

  • DAR ES SALAAM, Sept 8- The East African Community trade bloc will delay signing a trade agreement with the European Union, originally set for Oct.1, Tanzanian President John Magufuli said on Thursday. Kenya and Rwanda signed the agreement earlier this month, but it needs approval from all members of the East African Community bloc to take effect.

  • Two employees tie up steel bars at a steel-making plant in Ganyu, China.

    China's subsidization of this industry is causing bankruptcies and layoffs around the globe, says Scott Paul.

  • DAR ES SALAAM, Sept 8- The East African Community trade bloc will delay signing a trade agreement with the European Union, originally set for Oct.1, Tanzanian President John Magufuli said on Thursday. "We have given ourselves three months to discuss further the signing of the EPA agreement and we will meet in January 2017 over this issue," Magufuli, who is also the...

  • *Fall in China copper imports for Aug dismissed as seasonal. *Coming up: China trade data for August, time not set. LONDON, Sept 8- Copper hovered just below a two-week high on Thursday, supported by a fall in inventories and a softer dollar, though lower imports into China last month kept prices in check.

  • *Corn at highest since Aug. 25 as rebound continues. PARIS/ SINGAPORE, Sept 8- Chicago corn futures rose to a two-week high on Thursday, as bargain buying continued after the market touched multi-year lows last week ahead of a U.S. harvest expected to bring a record volume. The Chicago Board of Trade's most-active corn contract had risen 0.5 percent to $3.35 a bushel...

  • JAKARTA, Sept 8- Indonesia's mining ministry is scrambling to find a way around a deadline on mineral processing that could prevent some miners, including U.S. copper mining giant Freeport-McMoRan Inc, from exporting minerals from the country from 2017.. Uncertainty over Indonesia's mining rules have been a flashpoint between miners and the government for...

  • *Fall in China copper imports for Aug dismissed as seasonal. *Coming up: China trade data for August, time not set. LONDON, Sept 8- Copper hovered close to a two-week high on Thursday, supported by a fall in inventories, a softer dollar and encouraging signs from China's economy.

  • Obama: Stepping up our efforts to invest in Asia

    President Obama talks about strengthening trade with Asia and the importance of the TPP. We will continue to stand with the ASEAN countries, says Obama.

  • *Exports to United States, Europe, Japan improve. BEIJING, Sept 8- China's imports unexpectedly rose in August for the first time in nearly two years, boosted by coal and other commodities, suggesting domestic demand may be picking up and putting the world's second-largest economy on a more balanced footing. If it proves sustainable, a trade recovery or even signs...

  • SHANGHAI, Sept 8- China stocks fluctuated in a narrow range on Thursday and finished roughly flat as positive news on the data front was offset by receding hopes for additional monetary policy support. The CSI300 index of the largest listed companies in Shanghai and Shenzhen was unchanged at 3,339.56, while the Shanghai Composite Index inched up 0.1 percent at...

  • *China January-August iron ore imports up 9.3 percent. Sept 8- China's steel exports fell to the lowest in six months in August amid stronger domestic prices, offering relief to rivals overseas angered by a flood of cheap Chinese products. Exports of steel products from China, a sore topic with global trade partners, fell to 9.01 million tonnes in August from 10.3...

  • *Asian shares ex- Japan off 0.1 pct after steady Wall St close. *China import, export data beat expectations. SYDNEY, Sept 8- Asian shares held within one-year peaks on Thursday as Chinese trade data topped forecasts and imports recorded their first annual rise since late 2014, a promising sign for global demand that gave the Australia dollar a lift.

  • BEIJING, Sept 8- Following is a breakdown of China's exports and imports with its biggest trade partners.:. For the story on August trade data, click. Exports Imports Balance Exports Imports+/- Exports Imports+/-% y/y% y/y+/-% m/m+/-% m/m Japan 11.0 13.0 -2 0.3 13.2 5.0%.

  • BEIJING, Sept 8- China's imports unexpectedly rose in August for the first time in nearly two years, boosted by coal and other commodities, suggesting domestic demand may be picking up and putting the world's second-largest economy on a more balanced footing. If it proves sustainable, a trade recovery or even signs of stabilization would help ease fears that...

  • *HK-> Shanghai Connect daily quota used 3 pct, Shanghai-> HK daily quota used 25.5 pct. Lu Wenjie, strategist at UBS Securities, said there is "quite limited" room for further growth in China's A shares, especially as Chinese money continues to pour into Hong Kong. The rush of funds to Hong Kong continued under the Shanghai-Hong Kong Stock Connect scheme on Thursday...

  • *Asian shares ex- Japan off 0.2 pct after steady Wall St close. SYDNEY, Sept 8- Asian shares held within one-year peaks on Thursday as Chinese trade data topped forecasts and imports recorded their first annual rise since late 2014, a promising sign for global demand that gave the Australia dollar a lift. MSCI's broadest index of Asia-Pacific shares outside Japan...

  • BEIJING, Sept 8- China's imports unexpected rose in August for the first time in nearly two years while exports fell at a more modest pace, suggesting demand at home and abroad may finally be perking up and putting the world's second-largest economy on a more balanced footing. If it proves sustainable, a trade recovery would help ease fears that China's economy is...