Philippine imports declined at a faster pace in March, the latest figures from the National Statistics Office showed Friday.
Imports fell 8.4 percent year-on-year in March, faster than a 5.8 percent decline in February. Imports have now declined for three consecutive months.
In March, imports...
The Economic and Monetary Union (EMU) is a more stable union today than it was a year ago, European Central Bank President Mario Draghi said Thursday.
Also "markets are fully confident that the euro is a strong and stable currency," he said in a speech in London.
Speaking on the deep financial...
New Zealand posted a merchandise trade surplus of NZ$157 million in April, Statistics New Zealand said on Friday, worth 4.0 percent of exports.
The headline figure missed forecasts for a surplus of NZ$480 million following the upwardly revised surplus of NZ$732 million in March (originally NZ$718...
New Zealand saw a merchandise trade surplus of NZ$157 million in April, Statistics New Zealand said on Friday.
That missed forecasts for a surplus of NZ$480 million following the upwardly revised surplus of NZ$732 million in March (originally NZ$718 million).
Exports were up a seasonally adjusted...
New Zealand is on Friday scheduled to release April figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity.
Imports are expected to be worth NZ$3.60 billion after coming in at NZ$3.70 billion in March. Exports are called at NZ$4.06 billion after...
In another upbeat sign for the U.S. housing market, the Commerce Department released a report on Thursday showing that new home sales came in well above economist estimates in the month of April. The report showed that new home sales climbed 2.3 percent to a seasonally adjusted annual rate of 454,000 in April from the revised March rate of 444,000.
In another upbeat sign for the U.S. housing market, the Commerce Department released a report on Thursday showing that new home sales came in well above economist estimates in the month of April.
Consumer sentiment in the euro area increased for the sixth consecutive month in May to its strongest level since the middle of last year, preliminary data from the European Commission showed Thursday.
The DG ECFIN flash estimate of the consumer confidence indicator for Eurozone came in at -21.9,...
First-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th, according to a report released by the Labor Department on Thursday. The report showed that initial jobless claims fell to 340,000, a decrease of 23,000 from the previous week's revised figure of 363,000.
The U.K. economy avoided recession in the first quarter as initially estimated, but the detailed breakdown of gross domestic product highlighted major contribution coming only from built up stocks of companies. Gross domestic product grew 0.3 percent sequentially in the first quarter, offsetting the last quarter's 0.3 percent fall, second estimates from the Office for National Statistics showed.
First-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th, according to a report released by the Labor Department on Thursday.
Germany's leading index continued to climb in March led by the yield spread, stock price index and new orders in investment goods industries components, survey data released by the Conference Board showed on Thursday.
The Conference Board Leading Economic Index for Germany rose 0.3 percent in March...
Spain's borrowing costs increased at a triple bond sale on Thursday amid a fall in demand among investors.
An indicator of Eurozone's private sector activity improved more than expected in May, renewing hopes that the economy is inching towards a recovery. Nonetheless, the indicator remained in negative territory, signaling sharp deterioration in overall business activity. The composite output index rose to a three-month high of 47.7 in May from 46.9 in April.
The U.K. economy avoided recession in the first quarter as initially estimated, second estimates from the Office for National Statistics showed Thursday.