South Korea recorded a trade deficit for a fifth straight month in April though the shortfall sharply narrowed on exports of petrochemicals and other products, the government said Thursday...The deficit stood at $46 million (29.4 million euros) in April compared with a revised $820 million (euro524.4...
US President Barack Obama is expected to discuss trade and North Korea's nuclear ambitions in talks with South Korea's President Lee Myung-bak. Mr Obama is due to spend less than a day attending the summit in Seoul,...
The Asian Development Bank (ADB) has signed trade financing agreements with four Pakistan banks.
The agreements with Bank Alfalah Limited, Faysal Bank Limited, Habib Metropolitan Bank Limited, and United Bank Limited follow similar agreements signed in mid May with five other Pakistan banks. The agreements should help direct much-needed finance ...
The strength of the U.S. dollar is in trouble. In March a $1.25 bought you 1 euro, now it takes $1.50. But I’m here to tell you that this may not be a bad thing, at this time.
Over the long term, a weaker dollar could narrow the long-running United States trade deficit, helping close the gap between exports and imports, as American ...
South Korea's April exports and inflation rose more than expected and at their fastest annual pace in more than three years, but analysts said the economy faces risks so the central bank would cut interest rates.
News Source: International Business Times
| about 1 year ago
South Korea recorded a trade deficit for a fifth straight month in April though the shortfall sharply narrowed on exports of petrochemicals and other products, the government said Thursday...The deficit stood at $46 million (29.4 million euros) in...
The data may dent hopes for interest rates cuts, but economists said the government preferred lower borrowing costs to achieve its ambitious target of 6 per cent growth for this year in Asia’s fourth-largest economy. ”The export figures are much...
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