Claim or Create your Free Community Profile : Sign in / Sign up
China sees 2012 trade surplus despite February deficit - MOFCOM
Mar 15th, 2012
BEIJING (Reuters) - China's slide into a deep trade deficit in February is likely to be temporary, and the country is still set to post an overall trade surplus for 2012, the Commerce Ministry said on Thursday. "Our judgement is that the trade deficit in February is unlikely to persist. Overall, we will still see a trade surplus this year, but it will gradually shrink and account for a smaller percentage of GDP," Shen Danyang, the ministry spokesman, told reporters at a monthly briefing. China revealed at the weekend that its trade balance plunged $31. ... (Source: Reuters) -
CANNES, France (AP) - Two directors from countries with tough film censorship brought bold and probing movies to the Cannes Film Festival on Friday - one exploring China's social problems, the other delving into the mysteries of the human heart. (Source: Associated Press)... [Full Article]
ATHENS, Greece (AP) - Greece's deep, six-year recession is likely to end in 2014, but unemployment will remain above 20 percent for another three years, the European Commission said Friday in a report. (Source: Associated Press)... [Full Article]
LONDON (Reuters) - More money was invested in shops and offices in central London than the rest of Britain combined last year, a regular report by property consultancy DTZ showed on Wednesday. Some 16.1 billion pounds was invested in the centre of the capital in 2012 versus 10.9 billion a year earlier and a total of 32 billion pounds for the countr... [Full Article]
BANGKOK (AP) - Asian stock markets were mixed in holiday-thinned trading Friday as investors digested a slew of disappointing economic data and corporate results from the U.S. (Source: Associated Press)... [Full Article]
(Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday even as sales fell 1.4 percent at its Walmart U.S. stores open at least a year because of a delay in income tax refund checks, cool weather, less grocery inflation than expected, and the payroll tax increase. The world's largest retailer earned $1.14 per share in the ... [Full Article]
NEW YORK (Reuters) - Single-family home prices rose more than expected in February, posting their best annual rise since May 2006 in a fresh sign the housing recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 1.2 percent on a seasonally adjusted basis compa... [Full Article]
2Space PassportNewsCommunityMarketPlaceFree Tools
