American import prices demonstrate the greatest sink for two years
In June, American import prices came up with their most impressive tumble for more than two years…
China industrial revenues leap 19.1% year on year
In June, earnings for China's industrial companies ascended 19.1% percent from a year earlier, soaring from May in a sign that economic momentum is still solid even as soaring borrowing costs have driven worries regarding pressure on margins.
In June, revenues grew to 727.78 billion Yuan, as the National Bureau of Statistics informed on Thursday on its website.
For the first half of 2017, the industrial companies notched up gains of 3.63 trillion Yuan, which is a 22% leap from the same period of the previous year and a bit slower from the 22.7% annual surge in the January-May period.
June’s robust surge of industrial earnings was partly driven by ongoing appetite for iron ore as well as other commodities, whose prices have revived modestly having taken a hit since March.
As statistics bureau official He Ping informed in a statement accompanying the report that accelerated revenue surge in steel, car and electronics sectors helped to spur overall earnings.
Similar
China demonstrates record trade surplus with America
In June, China's trade surplus with America established another record because exports speeded up broadly…
#WeeklyCryptoNews
During the whole week, the cryptocurrency has been trying to stick above the psychological level of $6,500.
Popular
Japan February exports are seen surging at fastest pace since 2015
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
Asian shares tumble with Japan markets shut
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
Greenback surges as yields soar
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
Deposit with your local payment systems
