China just notched up its third-largest quarterly trade surplus on record: a whopping $86 billion, equivalent to roughly the entire output of the Danish economy over the same time. But if you look a little bit closer at the seemingly ...
Tags: economy, china trade surplus, china economy
Molybdenum oxide prices jumped above $12/lb in warehouse Rotterdam Thursday as buyers were forced to accept higher prices in order to secure stock as fewer firm offers were made. However, lower prices were heard in Asia and Platts daily ...
Tags: Molybdenum, oxide, oxide powder
A week of talking about ambitious plans for the Chinese economy was followed by a weekend of reality as key economic data were released. Journalists in Beijing flocked around a beleaguered spokesman whilst analysts elsewhere were cursing ...
Tags: Chinese economy, export data
Portuguese exports of textiles and clothing to China grew by 37 percent during the first eight months of 2013 and touched over €50 million, according to the Shanghai Agency for Investment and Foreign Trade of Portugal (AICEP). ...
Tags: Textile Exports, clothing
The Secretary of Economy of Mexico, Ildefonso Guajardo Villarreal in a meeting with the Minister of Trade of the Republic of China, Gao Hucheng stressed the importance of reaching a satisfactory solution regarding complaints expressed by ...
Tags: Textiles
The Stainless Steel Tube Trade Advancement Committee (SSTTAC) said Wednesday that it has completed market research of Chinese trade practices in selling seamless stainless steel pipe and tube in the US market and the data confirms ...
Tags: Chinese Mills, Stainless Pipe
THE Australian dollar is higher after bouncing back from losses caused by weaker than expected Chinese trade figures. At 5pm, the local unit was trading at 91.96 US cents, up from 91.83 cents yesterday. LTG Goldrock director Andrew ...
Tags: economy
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in ...
The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
The sharemarket has closed at its best level in almost five years, driven by record US market highs and positive Chinese trade data. The benchmark S&P/ASX200 index closed up 56.1 points, or 1.09 per cent, at 5199.8 points. The broader ...
Tags: CMC Markets, economy
The Australian dollar shrugged off the Reserve Bank of Australia’s latest interest rate cut today, clawing back almost half of the value it lost yesterday, on the back of better Chinese trade data. The local unit traded around ...
Tags: China Surplus, Cool Dollar
The dollar has bounced back from losses made after the central bank's surprise interest rate cut, thanks partly to some positive Chinese trade figures. At 5pm AEST, the local unit was trading at $US1.0201, up from $US1.019 yesterday. ...
Tags: dollar, financial technician
Stocks ended 0.3 per cent stronger yesterday, leaving the market hovering near record highs and sustaining hopes of a prolonged recovery, buoyed by further healing in the US economy and signs of a soft landing in China. Investor resolve ...
Tags: Chinese Trade Data, economy
The Australian dollar has jumped to its highest level in more than two weeks following a stronger-than-expected rise in Chinese exports and imports. At 17:00 AEDT, the Australian dollar was trading at $US1.0549, up from $US1.0508 ...
Tags: Australian dollar, Dollar, currency, trade surplus
Australian businesses are increasingly settling their Chinese trade with the local currency rather than US dollars, as the world's second-biggest economy and Australia's biggest trading partner seeks to boost the yuan's global clout. ...
Tags: Australian businesses, Chinese trade, local currency, US dollars