U.S. consumer credit rises at slower pace in March

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Source: RTT News
© Scanpix/RS
U.S. consumer credit increased at a slower pace than preliminary estimated in March from the month before, a report released by the Federal Reserve showed on Tuesday. According to the report, consumer credit in the country moved up by $8.0 billion in March after it recorded a climb of $18.6 billion in February, while it was forecast to jump $15.0 billion in March.

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Wed, 08 May 2013 08:05:04 GMT

China's exports and imports rise more than expected in April

Exports in China increased by much more than economists originally expected in the month of April, according to a report released by the General Administration of Customs on Tuesday, at the same time imports rose beating a forecast. Shipments to the country climbed by 14.7% on an annual basis in April compared to an expected 9.2% growth, while imports advanced

Wed, 08 May 2013 06:58:08 GMT

China's stocks gain amid higher surplus in April

Chinese stocks increased on Wednesday led by consumer-discretionary companies and trainmakers after a data showed that imports in China rose by 16.8% in April and the country's trade balance came in a $18.3 billion surplus. The Shanghai composite Index fell 0.2% to 2,239.67 as of 1:08 p.m. local time, while the CSI 300 Index gained 0.3% to 2,537.44.

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