Economic Measures Trade

  • OTTAWA, Aug 5- Another month of bleak Canadian trade data in June has fueled concerns the central bank has been too optimistic about non-energy exports helping to revive the country's struggling economy, economists said on Friday. The situation is not bad enough to spur additional rate cuts, but could soon prompt a more cautious tone from the Bank of Canada, they...

  • HOUSTON, Aug 5- Venezuelan crude sales to the United States increased to 817,806 barrels per day in July, the highest level since November, due to larger exports of grades produced in the vast Orinoco Belt, according to Thomson Reuters trade flows data. The South American nation's July shipments to the United States were 25 percent higher than in June and 12...

  • OTTAWA, Aug 5- Canada unexpectedly shed jobs last month, sending the unemployment rate higher even as fewer people were looking for work, and a lackluster gain in exports in June raised questions of whether the central bank's outlook was too sunny. The jobs report "obviously reinforces the point that the Canadian economy is struggling to make any headway," said...

  • OTTAWA, Aug 5- Canada unexpectedly shed jobs last month, sending the unemployment rate higher even as fewer people were looking for work, and a lackluster gain in exports in June raised questions of whether the central bank's outlook was too sunny. The jobs report "obviously reinforces the point that the Canadian economy is struggling to make any headway," said...

  • LONDON, Aug 5- Turkey imposed a tax this week on imports of thermal coal from Colombia, Russia and other major exporters, for use in power generation, to support domestic coal production. The Turkish cabinet decided to impose the tax of $15/ tonne on imports from the United States, Colombia, Russia and South Africa on July 18 and announced it in the Official Gazette...

  • A ship is unloaded in Miami, Florida.

    The U.S. trade deficit rose to a 10-month high in June as rising domestic demand and higher oil prices boosted the import bill.

  • OTTAWA, Aug 5- Canada's trade gap unexpectedly widened to a record deficit in June as imports of motor vehicles and parts jumped, while the increase in exports was lackluster, data from Statistics Canada showed on Friday. The C $3.63 billion deficit was greater than the C $2.82 billion that economists had expected. Canada's trade surplus with the United States,...

  • Madrick: Jobs report about the best news we could expect

    Discussing the stronger-than-expected July jobs report figures, with Doug Holtz-Eakin, American Action Forum President; Jeff Madrick, The Century Foundation Fellow; and CNBC Senior Contributor Larry Kudlow.

  • Paul Ryan see no point in TPP vote for now

    The US House Speaker says he sees no reason for a vote in any 'lame duck' session of Congress later this year

  • The great trade debate

    Discussing Donald Trump's views on trade, with Doug Holtz-Eakin, American Action Forum President; Jeff Madrick, The Century Foundation Fellow; and CNBC Senior Contributor Larry Kudlow.

  • *GDP due at 2350 GMT Aug 15. TOKYO, Aug 5- Japan's economic growth was expected to slow in the second quarter, weighed down by weak domestic demand and stagnant exports, a Reuters poll found on Friday. "Domestic demand and exports remained weak while the boost from the Leap Year has faded so the growth rate was probably slow," said Hidenobu Tokuda, senior economist at...

  • House Speaker Paul Ryan (R-WI), speaks speaks during a news conference on Capitol Hill July 12, 2016 in Washington, DC.

    The House speaker says there's no point in voting on the TPP trade deal during the lame duck session of Congress.

  • RCEP Trade

    Don't expect any movement on the deal until the U.S. elections are done, warns Frank Lavin of Export Now.

  • The battle over whether to ratify the TPP trade deal has shown how toxic U.S. politics have become, Singapore's ambassador-at-large said.

  • VIENTIANE, Aug 4- The Philippines is eager to join the 12- nation Trans Pacific Partnership trade deal and it has already held informal talks with the United States to do so, Trade Secretary Ramon Lopez said on Thursday. It will be a boon in particular for lower cost manufacturing-led economies, with the prospect of sharp tariff cuts to markets like the United...

  • BUENOS AIRES, Aug 3- An Argentine court upheld a ruling by a lower circuit to block government-proposed hikes in electricity tariffs, local media reported late Wednesday, a ruling that could complicate the state's bid to reduce Argentina's fiscal deficit. The issue is now likely to go to Argentina's Supreme Court, although the federal court ruling will affect...

  • BUENOS AIRES, Aug 3- An Argentine court upheld a ruling by a lower circuit to block government-proposed hikes in electricity tariffs, local media reported late Wednesday, a ruling that could complicate the state's bid to reduce Argentina's fiscal deficit. The issue is now likely to go to Argentina's Supreme Court, although the federal court ruling will affect...

  • Fed Balancing

    Dean at INSEAD's Ilian Mihov discusses recent data points that could influence the central bank's outlook.

  • Indonesia Economy

    After a slow start, reforms are now going in the right direction, says the country's former trade minister Mari Pangestu.

  • The allure of Brazil's commodities may be fading for China, but the world's second-largest economy has found new opportunities in the South American nation.