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World 22 Dec 2020 | 4:28 AM

Brazil to see 4.4 pct drop in GDP, say analysts

RIO DE JANEIRO, Dec. 21 (Xinhua) -- Brazilian financial analysts slightly upgraded their growth forecast for 2020, from a 4.41 percent drop in gross domestic product (GDP) to a 4.4 percent drop, the Central Bank of Brazil said Monday.

World 21 Dec 2020 | 12:15 AM

Interview: Economists criticize U.S. Treasury's methodology in labelling Switzerland as "currency manipulator"

GENEVE, Dec. 20 (Xinhua) -- Three economists told Xinhua that they strongly disagree with the methodology used by the U.S. Treasury to label Switzerland as a "currency manipulator."

World 16 Dec 2020 | 11:25 PM

U.S. government labels Vietnam, Switzerland currency manipulators

WASHINGTON, Dec. 16 (Xinhua) -- The U.S. government on Wednesday labeled Vietnam and Switzerland as currency manipulators, a move that is likely to increase trade tensions with the countries.

World 16 Dec 2020 | 7:22 PM

Japan's exports in November drop for record 24th straight month due to pandemic

TOKYO, Dec. 16 (Xinhua) -- Japan's exports dropped from a year earlier in November for a 24th successive month, marking the longest decline since record keeping began, owing to the continued sluggish demand from overseas amid the pandemic, the government said in a report on Wednesday.

World 16 Dec 2020 | 9:50 AM

Japan books 3.5 bln USD goods trade surplus in November

TOKYO, Dec. 16 (Xinhua) -- Japan logged a goods trade surplus in November, the government said in a report on Wednesday.

World 29 Oct 2020 | 4:45 AM

Italy's exports pick up in September with China a major buyer

ROME, Oct. 28 (Xinhua) -- Italy's exports to countries outside the European Union (EU) continued to improve in September, growing by 8.3 percent compared to the previous month and by 3.0 percent year-on-year, the country's National Institute of Statistics (ISTAT) said on Wednesday.

World 28 Oct 2020 | 6:06 AM

Mexico's exports grow in September for 4th month, but at slower pace

MEXICO CITY, Oct. 27 (Xinhua) -- Mexico's exports grew 0.93 percent in September compared to the previous month, marking the fourth month in a row of growth, but at a slower pace, the National Institute of Statistics and Geography (Inegi) said on Tuesday.

World 15 Oct 2020 | 4:55 AM

Mexico's economic rebound losing steam, warns Fitch

MEXICO CITY, Oct. 14 (Xinhua) -- Mexico's post-pandemic economic recovery is losing strength after rallying in June, the U.S.-based Fitch Ratings agency said on Wednesday.

World 02 Sep 2020 | 5:32 AM

China's exports surging after economic reopening: U.S. media

NEW YORK, Sep. 1 (Xinhua) -- After reopening in late February and early March, China's factories began an export surge that is still accelerating. Exports soared in July to their second-highest level ever, nearly matching the record peak last December, according to an article "Pandemic only fueled China's export machine" published on The New York Times on Tuesday.