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China's March imports rose 14.1 percent in a positive sign for its gradual economic recovery. The import figure reported Wednesday was a marked acceleration over the 5 percent reported for the combined January-February period, suggesting Chinese
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When I write the word "budget", most readers will give a slight shudder and then move on as quickly as possible. I would not like to be the spin doctor representing the word "budget": it has a nasty reputation with connotations of scrimping and
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The rupee was trading lower on concerns about the record current account deficit , but bunched inflows kept losses in check, said dealers. The pair was trading at 54.33/34 against the 54.30 open and 54.28/29 Thursday close. "There could be some
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The Economic Transformation Programme (ETP) has helped improve and provide impetus for the country's economy, according to economists. More importantly, they are encouraged by the progress of the ETP and optimistic of a better year for the programme,
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After adjusting for seasonal effects, income exceeded expenditure by $0.3 million. "Although minor, this surplus comes after more than two years of quarterly deficits," local government statistics manager Peter Gardiner said. The surplus was the
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Mervyn King said momentum'' was building within the economy, which would become apparent during the course of the current year. But in an interview with ITV News, he cautioned it did not mean a return to pre-recession levels of private consumption
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Overall sales dropped a seasonally adjusted 0.3% to $1.269 billion, while inventories pushed up 1% to $1.642 billion. Market analysts had expected a slight 0.5% increase after December's revised 0.3% bump . Inventories growth has managed to outstrip
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Eventually, there's only so much an economy can deteriorate before the downward momentum starts to fade a little bit. Barclays has a note which basically says that the Greek economy -- although ugly and although getting worse -- is seeing a
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Official figures show that German exports began the year strongly with a 1.4 percent rise in January over the previous month. December 2012, according to figures Monday from the Federal Statistical Office, which adjusts values for calendar and
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G rowing for the second straight month, India's [ Images ] exports rose by 4.25 per cent to $26.26 billion in February. In February 2012, the overseas shipments stood at $25.19 billion. "Europe is performing better, there is a slight improvement in
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