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Posts tagged: trade

Australia to seal trade deal with Malaysia

May 21, 2012
CANBERRA (Reuters) - Australia will sign a free trade agreement(FTA) with Malaysia on Tuesday in a move it hopes will add new momentum to stalled bilateral trade talks with other key Asian trading partners. Australia is still negotiating free trade deals with South Korea, Japan and China, with progress in ...

China solar stocks slump again after U.S. trade move

May 18, 2012
(Reuters) - Solar stocks slumped to fresh lows on Friday as investors continued to punish Chinese solar companies a day after the United States said it would impose new duties on imports from the world's leading solar manufacturer. Suntech Power Holdings was down 4.2 percent, Trina Solar Ltd slid 5 ...

Spain: Foreign Trade

May 18, 2012
Spain’s trade deficit narrowed in March to €3.2 billion from €3.8 billion in the previous month on a not seasonally adjusted basis. The trade balance will remain weak through 2012. Although softening domestic demand will provide some support as it cools import demand, slowing world growth and a lack of ...

Canada: Wholesale Trade

May 17, 2012
Wholesale sales increased 0.4% in March to C$48.7 billion. With this increase, sales have risen nine times in the past 12 months, or 6% year over year. In volume terms, however, wholesale sales were unchanged. Three out of seven subsectors increased in March, representing almost half of wholesale sales. Inventories ...

Singapore: Foreign Trade

May 16, 2012
Singapore's nonoil domestic exports grew 8.3% y/y in April, rebounding from a 4.3% y/y drop in March. Gains were seen in shipments of petrochemicals and in exports to China. Exports to Europe and the U.S. were weak, which may be a warning sign of slowing global growth.

Euro Zone: External Trade

May 16, 2012
The euro zone trade balance improved on a not seasonally adjusted basis in March, rising to a surplus of €8.8 billion from a €2.9 billion deficit in the previous month. Similarly, the trade balance improved on a year-ago basis, from a €1 billion surplus in March 2011. The year-ago improvement ...

Italy: Foreign Trade

May 16, 2012
Italy's foreign trade balance improved in March. The country reported a not seasonally adjusted surplus of €2.1 billion, following a €1.1 billion deficit in February. While depressed household consumption in Italy will continue to weigh on imports, supporting the trade balance somewhat, weakening exports will drag on the balance in ...

Sterling Falls as UK Trade Balance is Weakened by Euro Crisis

May 15, 2012
Trade balance with non-EU countries comes in better than expected…

United Kingdom: Foreign Trade

May 15, 2012
The U.K. foreign trade deficit was little changed in March. The balance held at £8.6 billion in the red. Elevated oil prices inflated the oil deficit, outweighing the increase in exports to non-EU economies. The goods balance will remain firmly in deficit through 2012. The strong pound is unwelcome given ...

Sen. McCain: US slow to seek trade pacts in Asia

May 14, 2012
Republican Sen. John McCain wants the Obama administration to ramp up its free trade agenda in Asia and suspend U.S. economic sanctions on Myanmar.