German trade surplus reached record in 2013

Source: RTT News
Positive trade balance in Germany reached a record number in 2013, showing the largest positive number in the history of compiling data for trade. Surplus for 2013 rose to 198.9 billion euro versus 189.8 billion a year ago, while exports fell 0.2% and imports dropped 1.2%. During December, surplus was 18.5 billion euro, as exports posted a 0.9% decline and imports slipped 0.6%.
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Fri, 07 Feb 2014 10:24:18 GMT

China's service sector performance falls in January

China's service sector weakened in January suggesting that the overall business activity in the country moderated recently, the latest data published by Markit Economics and the HSBC Bank showed on Friday. The HSBC business activity in service sector slipped from December's level of 50.9 to 50.7 recorded in the following month.

Fri, 07 Feb 2014 10:02:27 GMT

South African gross reserves fell in January

Gross reserves in South Africa shrank on a monthly basis in January mainly reflecting the U.S. Dollar appreciation versus the major currencies, a report revealed by the South African Reserve Bank showed on Friday. According to the report, the country's gross reserves fell from December's level of $49.58 billion to January's $49.35 billion.

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