South Korea’s IT exports grow
September 11th, 2012 - 6:08 pm ICT by IANS
Seoul, Sep 11 (IANS) South Korean exports of information technology (IT) products grew for the first time in six months due to solid demand for display panels and system chips, ... Read more...
Posted in Business |
South Korea’s trade balance posts $2 bn surplus
September 1st, 2012 - 2:18 pm ICT by IANS
Seoul, Sep 1 (IANS) South Korea's trade balance posted a surplus of $2.04 billion last month as imports contracted at a faster pace than exports, a government report showed Saturday.Trade ... Read more...
Posted in Business |
China’s July exports slow sharply (Lead)
August 10th, 2012 - 2:47 pm ICT by IANS
Beijing, Aug 10 (IANS) China's export growth slowed sharply in July to a six-month low following dwindling demand from Europe and Japan, official data showed Friday.Exports rose 1 percent year ... Read more...
Posted in Business |
China July exports slow down
August 10th, 2012 - 1:25 pm ICT by IANS
Beijing, Aug 10 (IANS) China's exports rose 1 percent year-on-year to $176.9 billion in July, slowing sharply from the 11.3 percent in June, authorities said Friday.The figure was well below ... Read more...
Posted in Business |
South Korea’s foreign currency deposits grow
August 7th, 2012 - 2:01 pm ICT by IANS
Seoul, Aug 7 (IANS) South Korea's foreign currency retail deposits grew $3.31 billion last month as more export proceeds were deposited in the foreign currency accounts amid a continued trade ... Read more...
Posted in Business |
South Korea’s auto exports grow
July 30th, 2012 - 3:48 pm ICT by IANS
Seoul, July 30 (IANS) South Korea's automobile exports grew 3.1 percent in the second quarter from a year earlier due to strong demand for large-sized cars from the US, Australia ... Read more...
Posted in Business |
China’s economy on path for soft landing: IMF (Lead)
July 25th, 2012 - 2:56 pm ICT by IANS
Washington, July 25 (IANS) China's economy may be undergoing a soft landing despite growing global headwinds, and China is well placed to respond to possible deterioration of external environment, the ... Read more...
Posted in Business |
Italy’s public debt rises to record high
July 17th, 2012 - 3:13 pm ICT by IANS
Rome, July 17 (IANS) Italy's public debt hit a record high in May despite Rome's recent efforts to ease the overstretched finances, showed a central bank report.The national debt stood ... Read more...
Posted in Uncategorized |
South Korea’s trade surplus reduces
July 16th, 2012 - 2:50 pm ICT by IANS
Seoul, July 16 (IANS) South Korea's trade surplus reduced to $10.7 billion in the first half of this year compared with a year earlier due to sluggish exports amid external ... Read more...
Posted in Uncategorized |
China’s June export growth slows
July 10th, 2012 - 4:10 pm ICT by IANS
Beijing, July 10 (IANS) China's exports rose 11.3 percent year on year to $180.21 billion in June, slowing from the 15.3-percent spurt in May, authorities said Tuesday.Imports increased 6.3 percent ... Read more...
Posted in Business |
South Korea’s IT exports contract
July 10th, 2012 - 2:28 pm ICT by IANS
Seoul, July 10 (IANS) South Korean exports of information technology (IT) products contracted 5.2 percent in the first half of this year due to slowing global demand and rising production ... Read more...
Posted in Sci-Tech |
China’s exports up 15 percent
June 11th, 2012 - 6:09 pm ICT by IANS
Beijing, June 11 (IANS) China's exports rose by over 15 percent in May, from the previous year, as shipments to the US increased significantly and trade with the European Union ... Read more...
Posted in Business |
Argentina’s economic growth slows down
May 19th, 2012 - 2:39 pm ICT by IANS
Buenos Aires, May 19 (IANS) Argentina's economic growth rate slowed down significantly in the first quarter of 2012, compared on a yearly basis, according to a report published by the ... Read more...
Posted in Business |
‘China’s foreign trade outlook grim’ (Lead)
May 15th, 2012 - 3:55 pm ICT by IANS
Beijing, May 15 (IANS) The outlook for China's foreign trade remained grim but the full-year target of a 10-percent rise is still achievable, authorities said Tuesday.The country might register a ... Read more...
Posted in Business |
China foreign trade growth slows, surplus widens (Lead)
May 10th, 2012 - 2:15 pm ICT by IANS
Beijing, May 10 (IANS) China's foreign trade rose 2.7 percent year-on-year to $308 billion in April, with a surplus of $18 billion, authorities said Thursday.The growth rate represents a month-on-month ... Read more...
Posted in Business |
China foreign trade growth slows
May 10th, 2012 - 1:12 pm ICT by IANS
Beijing, May 10 (IANS) China's foreign trade rose 2.7 percent year on year to $308.08 billion in April, with a surplus of $18.42 billion, authorities said Thursday.The growth rate represents ... Read more...
Posted in Business |
15 percent of world trade should be Chinese: Minister
May 8th, 2012 - 3:33 pm ICT by IANS
Beijing, May 8 (IANS) As the second-largest economy and with a fifth of the world's population, China should account for 15 percent of global trade volume, Minister of Commerce Chen ... Read more...
Posted in Business |
China to boost import to balance foreign trade
May 1st, 2012 - 4:33 pm ICT by IANS
Beijing, May 1 (IANS) China has called for increasing imports and stabilising exports in order to promote a more balanced growth in foreign trade, a media report said Tuesday.China's cabinet, ... Read more...
Posted in Business |
Russia’s trade surplus up 26 percent
April 24th, 2012 - 5:08 am ICT by IANS
Moscow, April 24 (IANS) Russia's trade surplus grew by 26 percent in March year-on-year, Russian Deputy Economic Development Minister Andrei Klepach said Monday."The trade surplus in March reached $21 billion. ... Read more...
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China’s GDP growth to hit 8.5 percent this year: ADB (Lead)
April 11th, 2012 - 3:00 pm ICT by IANS
Beijing, April 11 (IANS) China's economic growth is set to moderate slightly over the next two years but will exceed 8 percent on the back of strong investment, rising private ... Read more...
Posted in Business |
Canada’s trade with China triples in past decade
April 5th, 2012 - 1:47 pm ICT by IANS
Ottawa, April 5 (IANS) Canada's international merchandise trade with China has more than tripled in the past decade, according to data released by Statistics Canada.Canada's imports from China amounted to ... Read more...
Posted in Business |
Brazil sets auto export quotas for Mexico
April 5th, 2012 - 12:03 pm ICT by IANS
Brasilia, April 5 (IANS/EFE) The government has set its automotive export quotas for Mexico based on the requirements of each automaker operating in Brazil, officials said.The Foreign Trade Secretariat determined ... Read more...
Posted in Business |
South Korea, Turkey agree on free trade deal
March 26th, 2012 - 1:22 pm ICT by IANS
Seoul, March 26 (IANS) South Korea and Turkey signed a preliminary agreement on a free trade deal that will eliminate all tariffs imposed on goods traded between the two nations, ... Read more...
Posted in Business |
Japan books trade surplus
March 22nd, 2012 - 7:58 pm ICT by IANS
Tokyo, March 22 (IANS) Japan booked its first trade surplus in five months for February as strong exports to the US overweighed declines in those to Europe and Asia, government ... Read more...
Posted in Business |
Brazil wants Mexico to cap vehicle exports
March 11th, 2012 - 11:56 am ICT by IANS
Brasilia, March 11 (IANS/EFE) Brazil's government wants Mexico to impose quotas on its own auto exports to the South American nation to ensure the total value does not exceed $1.4 ... Read more...
Posted in Business |
South Korea’s trade balance turns into black
March 1st, 2012 - 2:48 pm ICT by IANS
Seoul, March 1 (IANS) South Korea's trade balance turned into the black last month as exports recovered its growth trend despite lingering concerns over Europe's debt crisis and the global ... Read more...
Posted in Business |
Brazil announces plan to boost exports
February 18th, 2012 - 12:00 pm ICT by IANS
Sao Paulo, Feb 18 (IANS/EFE) President Dilma Rousseff said her government will do more to foster expanded output and exports with the aim of making Brazil more competitive."This year we ... Read more...
Posted in Business |
EU-India trade rises by 20 percent
February 9th, 2012 - 7:19 pm ICT by IANS
Brussels, Feb 9 (IANS) The 27-nation European Union's trade in goods with India has risen by 20 percent. It had reached a peak in 2010 after a decline recorded in ... Read more...
Posted in Business |
Australian trade surplus widens in December
February 2nd, 2012 - 2:49 pm ICT by IANS
Sydney, Feb 2 (IANS) Australia's trade surplus widened in December 2011, the Australian Bureau of Statistics (ABS) reported Thursday.The balance on goods and services was a surplus of AUS $1.71 ... Read more...
Posted in Business |
Mexican oil firm posts nearly $25 bn surplus in 2011
February 1st, 2012 - 12:57 pm ICT by IANS
Mexico City, Feb 1 (IANS/EFE) Petroleos Mexicanos, or Pemex, said Tuesday it posted a trade surplus of $24.99 billion in 2011, up 28 percent from the prior year.Exports totaled $55.79 ... Read more...
Posted in Business |
Dairy sales keep New Zealand trade in surplus
January 27th, 2012 - 2:54 pm ICT by IANS
Wellington, Jan 27 (IANS) Record high values for New Zealand dairy products and increased exports, particularly to Australia and China, maintained New Zealand's trade surplus for a third straight quarter ... Read more...
Posted in Business |
Australia’s trade surplus narrows in October
December 12th, 2011 - 1:54 pm ICT by IANS
Sydney, Dec 12 (IANS) Australia's trade surplus narrowed in October as imports increased but exports remained broadly flat, according to figures released Monday by the Australian Bureau of Statistics (ABS).The ... Read more...
Posted in Business |
China’s foreign trade growth slows in November
December 11th, 2011 - 3:22 am ICT by IANS
Beijing, Dec 11 (IANS) China's foreign trade rose by 17.6 percent year-on-year to $334.4 billion in November, compared with 21.6 percent in October, amid weak external demand and a slowing ... Read more...
Posted in Business |
World Bank projects 8.4 percent growth for China in 2012
November 22nd, 2011 - 1:19 pm ICT by IANS
Singapore, Nov 22 (IANS) The World Bank Tuesday projected a growth of 9.1 percent for China in 2011, followed by a slower growth of 8.4 percent in 2012.The developing East ... Read more...
Posted in Business |
`China likely to see trade deficit in two years’
November 19th, 2011 - 4:09 pm ICT by IANS
Beijing, Nov 19 (IANS) China's trade surplus may drop to zero, or even negative digits in next two years, said Li Daokui, an advisor and member of the monetary policy ... Read more...
Posted in Uncategorized |