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What he has left out in his repeated criticisms is the trade surplus the US benefits from when it comes to his country’s service industry. Services make up about 70 percent of the US economy.
Banks have started cutting term deposit (TD) rates as their liquidity has swung into a surplus even as credit demand is traditionally muted in the first quarter. Private sector banks such as HDFC ...
Maryland Gov. Wes Moore raised some eyebrows this week by saying the state’s $5.5 billion budget surplus “wasn’t real,” after describing the state’s “fortunate financial position” at ...
Japan's current account surplus in February jumped 48.4% from a year earlier to ¥4.06 trillion, a record high for a single month since comparable data became available in 1985, Finance Ministry ...
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive turnaround from deficits of $3.34 billion in ...
One such misconception is the interpretation of Vietnam’s large trade surplus with the United States as a sign of manipulation or imbalance. This misunderstanding has now translated into concrete ...
In 2024, China hit the highest recorded global surplus of $992.16 billion. Other countries topping the trade surplus list are Germany, Ireland, Singapore, Saudi Arabia, Switzerland, Russia and Brazil.
Thailand needs to quickly reduce its trade surplus with the US by any means possible, says Finance Minister Pichai Chunhavajira. He said Thailand should import more items from the US for which ...
In 2024, China hit the highest recorded global surplus of $992.16 billion. Other countries topping the trade surplus list are Germany, Ireland, Singapore, Saudi Arabia, Switzerland, Russia and Brazil.
OTTAWA—Canadian exports of a wide range of products pulled back sharply in February, narrowing the country’s trade surplus with the U.S. and offering a sign of the volatility that can be ...