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Forex news - recent top stories



15:03,  12 July 2007
US May trade deficit up 2.3 pct to 60.0 bln usd as expected 
WASHINGTON (Thomson Financial) - The US trade deficit rose 2.3 pct in May to 60.0 bln usd as Americans imported more and more expensive oil and other commodities.Economists were looking for a 60.0 bln usd deficit, expecting imports to recover from their April slide.

12:49,  12 July 2007
Forex - Euro at all-time high against dollar following strong GDP data 
LONDON (Thomson Financial) - The euro continued to post fresh all-time highs against the dollar, supported by an unexpected upward revision to first quarter GDP growth and robust industrial production figures.


See also:       

• Hong Kong 
• China 

• Asia 

• Economic news 

04:10, Thursday, 12 July 2007

China June actual FDI 6.63 bln usd, up 21.91 pct yr-on-yr - MoC - UPDATE


BEIJING (XFN-ASIA) - China's June actual foreign direct investment (FDI) totaled 6.63 bln usd, rose 21.91 pct year-on-year, the Ministry of Commerce said.

Actual FDI in May was 4.899 bln usd, up 8.65 pct year-on-year.

The ministry said that actual FDI in the first six months of the year totaled 31.89 bln usd, up 12.17 pct from a year earlier.

There were 18,683 new foreign-funded enterprises in the first half, down 5.4 pct from a year earlier, with 3,611 enterprises in June, down 11.73 pct.

Hong Kong, the British Virgin Islands and South Korea were the top three sources of FDI in the first six months, the ministry said.

kelly.zang@xfn.com

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xfnkz/xfntm


 

Forex news - 12 July 2007
06:00 China likely to tolerate current monetary conditions - Deutsche Bank
05:59 Japan's revised May industrial output down 0.3 percent from April
05:53 Indonesia H1 cement consumption up 7.5 pct year-on-year on low base
12:33 China to continue monitoring export receipts to curb speculative funds - UPDATE
05:00 Philippine debt drops 0.8 pct in April, helped by strong peso
04:44 China central bank drains 45 bln yuan in open market ops, yields mixed
04:14 Oil prices higher in Asian trade as traders worry over US gasoline stocks
04:10 China June actual FDI 6.63 bln usd, up 21.91 pct yr-on-yr - MoC - UPDATE
04:08 Japanese government bond prices end morning lower ahead of BOJ rate decision
03:57 China H1 actual FDI 31.89 bln usd, up 12.17 pct - commerce ministry
08:42 Bank of Korea hikes call rate target to 6 year-high, more hikes expected
03:37 Australia's moderate employment growth in June eases rate hike pressure - HSBC
03:35 Singapore sees free trade agreement with China by next year - report
03:22 Australia's jobless rate rises to 4.3 pct in June from 4.2 pct in May - UPDATE
02:37 Forex - US dollar firmer vs major currencies ahead of BoJ rate decision
01:24 Foreign investors net buyers of Japan stocks for 2nd straight week
00:47 White House trims FY budget deficit forecast to 205 billion US dollars
00:16 UK property market slows sharply in June - RICS



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