Sri Lanka raises rates, slows lending
Feb 03, 2012 08:16 EST
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
Feb 03, 2012 02:18 EST
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
Feb 01, 2012 16:18 EST
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
Jan 31, 2012 22:54 EST
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
Jan 31, 2012 16:57 EST
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
Jan 31, 2012 13:26 EST
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
Jan 30, 2012 05:27 EST
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
Jan 30, 2012 05:27 EST
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
Jan 30, 2012 05:27 EST
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
Jan 25, 2012 04:56 EST
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
Jan 25, 2012 00:04 EST
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
Jan 24, 2012 19:18 EST
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
Jan 24, 2012 19:18 EST
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
Jan 24, 2012 19:18 EST
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
Jan 24, 2012 19:18 EST
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
Jan 24, 2012 16:18 EST
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
Jan 24, 2012 10:03 EST
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
Jan 24, 2012 06:26 EST
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
Jan 24, 2012 06:26 EST
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
Jan 13, 2012 10:16 EST
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.