10 Jul '11, 4am

China's trade surplus widens to US$22.27b - @ChannelNewsAsia

China's trade surplus widens to US$22.27b - @ChannelNewsAsia

SHANGHAI: China's politically sensitive trade surplus expanded to US$22.27 billion in June, rising sharply from the previous month as the value of exports hit a new record high, government data showed on Sunday. The trade surplus -- a major point of tension for China's key trade partners, the United States and Europe -- outstripped May's US$13.05 billion surplus and an economists' forecast for US$14.3 billion. Export growth slowed last month, expanding at 17.9 per cent year-on-year to a record US$161.98 billion -- but still a record high for a single month based on previous data -- customs authorities said in a statement. Imports rose a slower-than-expected 19.3 per cent on-year. A Dow Jones Newswires survey of 14 economists had predicted a 19.2 per cent rise in exports from a year earlier. The economists had expected June imports to expand 26.8 per cent on-year. The slowi...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

Tweets

DTN Singapore News: Oil down in Asia on US jobs...

straitstimes.com 11 Jul '11, 3am

SINGAPORE - OIL was down in Asian trade on Monday following a slump in US job creation as well as soaring Chinese inflatio...

Two China miners rescued after 180 hours

Two China miners rescued after 180 hours

straitstimes.com 10 Jul '11, 7am

Two workers were pulled out alive more than 180 hours after trapped in a collapsed coal mine in south-west China's Guangxi...

Those in TCA mtg, pls read. Commentary: The US ...

todayonline.com 12 Jul '11, 6am

The US economy is malfunctioning and it is a structural issue. The years before Obama took office is mired in greed and Wa...

Asia trade gets boost

Asia trade gets boost

channelnewsasia.com 06 Jul '11, 6am

SINGAPORE: The Asian Development Bank (ADB) and reinsurer Swiss Re announced an agreement Wednesday to boost regional trad...

U.S. Government Declares Marijuana Has No Medical Value | Care2 Causes

U.S. Government Declares Marijuana Has No Medic...

care2.com 10 Jul '11, 12am

The U.S. Drug Enforcement Agency recently decreed that marijuana has no accepted medical use and should remain classified ...