Reflecting a sharp pullback in fuel prices, the Labor Department released a report on Wednesday unexpectedly showing a decrease in U.S. import prices in the month of August. The Labor
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U.S. Trade Deficit Widens In May Amid Jump In Imports
With imports increasing by much more than exports, the Commerce Department released a report on Friday showing the U.S. trade deficit widened in the month of May. The Commerce Department
Continue reading »U.S. Import Prices Jump More Than Expected Amid Spike In Fuel Prices
Reflecting a jump in fuel prices, the Labor Department released a report on Wednesday showing U.S. import prices increased by more than expected in the month of May. The Labor
Continue reading »Hong Kong Faces Difficult Road to Recovery After Record Slump
Hong Kong is on a difficult road to recovery after two years of unprecedented economic weakness triggered by massive political upheaval and a global pandemic. Official data due Friday is
Continue reading »South Korea Eyes Rich Nation Status as Economy Holds Up
South Korea probably ended 2020 with less economic scarring than its developed peers and comparable income levels, as exports helped drive a recovery even with multiple waves of the coronavirus
Continue reading »U.S. Adds Over 100 Chinese, Russian Companies to Military List
The U.S. Commerce Department added more than 100 Chinese and Russian companies to a new list of firms it says have links to their nations’ militaries, a move that will
Continue reading »India bucks China’s record export show
Bilateral trade deficit narrows sharply in November as India’s imports of Chinese goods decline India’s imports from China as well as its trade deficit declined sharply in November, marking an
Continue reading »U.S. Import Prices Climb More Than Expected, Export Price Growth Also Exceeds Estimates
Import and export prices in the U.S. both increased by more than expected in the month of July, according to a report released by the Labor Department on Thursday. The
Continue reading »Vietnam’s Economy Unexpectedly Expands Amid Virus Outbreak
Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic. Gross domestic product rose
Continue reading »The World Has Too Much Wheat
Despite scenes of panic buying at grocery stores and worries about key suppliers’ restrictions on wheat exports in recent months, the world is swimming in the grain. Although major shippers
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