Sri Lanka raises rates, slows lending

Sri Lanka's central bank on Friday raised its key interest rate for the first time in five years and asked commercial banks to reduce lending in the face of a trade deficit.
 

Sri Lanka raise rates, slows lending

Sri Lanka's central bank on Friday raised its key interest rate for the first time in five years and asked commercial banks to reduce lending in the face of a worsening trade deficit.
 

Brazil posts $1.29 billion trade deficit in January

Brazil posted a $1.29 billion trade deficit last month, as imports rose sharply and exports to the debt-hit European Union slumped, official statistics showed Wednesday.
 

S. Korea posts rare trade deficit, inflation eases

South Korea posted its first trade deficit in two years in January as falling overseas demand hit exports but inflation eased, official figures showed Wednesday.
 

China subsidizing auto parts exporters: US industry

A US industry and union coalition accused China Tuesday of sweeping illegal subsidies to its auto-parts sector that threaten to destroy more than a million US jobs.
 

China targeting US auto parts sector: industry

A US industry and union coalition accused China Tuesday of sweeping illegal subsidies to its auto parts sector that threaten to destroy more than a million US jobs.
 

Stock index futures fall, focus on data

NEW YORK (Reuters) - Stock index futures pointed to a weaker open for equities on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.4 to 0.5 percent.
 

Futures lower on setback in Greek bailout talks

NEW YORK (Reuters) - Stock index futures fell on Friday as the latest setback in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.
 

Futures fall on Greek bailout talks' setback

NEW YORK (Reuters) - Stock index futures fell on Friday as the latest setback in Greek negotiations for a bailout package put the S&P 500 on track to snap a three-day winning streak.
 

Asian shares rise on Greece hopes, Apple earnings

Asian markets rose Wednesday after a strong earnings report from Apple and on hopes Greece will agree on a debt-reduction deal with creditors, although worries persisted over Europe's ongoing fiscal woes.
 

Japan posts first annual trade deficit in 31 years

Japan announced its first annual trade deficit for more than 30 years on Wednesday after the March quake-tsunami and strong yen hit exports in 2011, while high fuel costs pushed up import bills.
 

Japan logs record trade deficit in 2011

TOKYO (Reuters) - Japan logged an annual trade deficit in 2011 for the first time in 31 years, Ministry of Finance data showed on Wednesday, as last year's earthquake and tsunami, weak global demand and a strong yen battered exports.
 

Japan logs first trade deficit since 1980

TOKYO (Reuters) - Japan logged its first annual trade deficit in 2011 for over 30 years as the aftermath of the March earthquake raised fuel import costs even as slowing global growth and the yen's strength hit exports, threatening to erode the country's ability to fund its huge public debt with domestic savings.
 

Japan's first trade deficit since 1980

TOKYO (Reuters) - Japan first annual trade deficit in more than 30 years calls into question how much longer the country can rely on exports to help finance a huge public debt without having to turn to fickle foreign investors.
 

Japan's first trade deficit since 1980 raises debt doubts

TOKYO (Reuters) - Japan first annual trade deficit in more than 30 years calls into question how much longer the country can rely on exports to help finance a huge public debt without having to turn to fickle foreign investors.
 

Japan sees first annual trade deficit in 31 years

Japan is to announce its first annual trade deficit for more than 30 years on Wednesday after the March quake-tsunami and strong yen hit exports, and high fuel costs pushed up import bills.
 

Analysis: Unease as countries try to cut their way to health

LONDON (Reuters) - What do Nobel Prize-winning development economist Amartya Sen and IMF chief Christine Lagarde have in common? They both oppose the prevailing orthodoxy that all heavily indebted governments must cut their way back to prosperity as soon as they can.
 

Exporter Japan eyes first trade deficit in three decades

TOKYO (Reuters) - Japan probably produced its first trade deficit last year in more than three decades as energy imports surged to cover for the loss of nuclear power following the Fukushima disaster, a major blow to an economy built on its exports prowess.
 

Exporter Japan eyes first trade deficit in 3 decades

TOKYO (Reuters) - Japan probably produced its first trade deficit last year in more than three decades as energy imports surged to cover for the loss of nuclear power following the Fukushima disaster, a major blow to an economy built on its exports prowess.
 

Canada's trade deficit turns to surplus

Canada's trade balance with the world went from a revised deficit of Can$487 million (US$487 million) in October to a surplus of $1.1 billion in November, the country's statistics agency said Friday.