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The Federal Statistical Office of Germany recorded in February the trade balance surplus at the level of 17 billion 900 million euros. Its value increased from 14 billion 600 million euros in January, and the surplus decreased by 2% compared to the same month last year. In February, Germany exported goods and services 3.9% more than a year earlier. Exports amounted to 108 billion 800 million euros. Imports increased by 5.1% to 90 billion 900 million euros. In the first two months of this year, Germany’s foreign trade surplus reached 32.5 billion euros, an increase of 8% over the year. Exports showed an increase of 2.8% to 217 billion 700 million euros. Imports reached 185 billion 200 million euros, an increase of 5%.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
China saw positive customs data on Tuesday, raising hopes that the world’s second-largest economy is on the way to recovering from the COVID-19 pandemic. Exports for June rose 0.5% year-on-year compared to an analysts’ forecast ...
KYC Policy