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The US trade deficit in March amounted to $50 billion, an increase from $49.3 billion in February, the country's Department of Commerce reported. The figure was less than $50.2 billion, predicted by economists. The USA exported goods in March by 1.4% more than in February. The volume of their exports amounted to 141.7 billion dollars. The growth rate was due to an increase in industrial supplies and export of soybeans. Civil aviation recorded a decrease in supplies of $700 million. The volume of imports rose by 1.2%, reaching $214.1 billion due to an increase in imports of crude oil, as well as food products, the rate of which reached the highest level in history. At the same time, imports of consumer goods decreased. The trade deficit with China fell in March by 16% to $20.7 billion. The April figure was the lowest since March 2014. At the same time, the volume of American exports to China increased by 23.6%.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
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 ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
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, ...
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