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Euro zone's trade surplus widens on rising exports in February

BRUSSELS (Reuters) - The euro zone's trade surplus widened in February from a year earlier on rising exports with imports unchanged, the European Union's statistics office Eurostat said on Tuesday. Exports from the 18 countries using the euro increased by 3 percent on the year after a 1 percent rise in January, while imports were flat when compared with a year earlier, data showed. The annual data are non-seasonally adjusted.

Philippine exports hit three-year high in February

Philippine exports surged at their fastest pace in more than three years in February, led by a robust manufacturing sector and growing electronics shipments, official data showed Thursday. Exports jumped 24.4 percent from a year earlier to $4.65 billion in February, the National Statistics Office said -- the biggest gain since December 2010. The manufacturing sector continues to be a "significant driver of export growth", said Emmanuel Esguerra, the deputy director of the National Economic and Development Authority (NEDA).

Weak yen hurt S. Korean consumer goods exports to Japan, affected tourism in 2013: report

SEOUL, April 6 (Yonhap) -- A weak yen hurt South Korean consumer goods exports to Japan and influenced bilateral tourism trends last year, a report by an international traders association showed Sunday. According to the Korea International Trade Association (KITA), consumer goods exports to Japan dropped 13.1 percent on-year in 2013 to US$4.85 billion, from $5.59 billion tallied a year earlier, while imports from Japan reached $2.71 billion, a more modest 4.2 percent dip from the year before.

S. Korea's exports jump to second-highest mark in March

SEJONG, April 1 (Yonhap) -- South Korea's exports rose to the second-highest mark on record last month on growing shipments to the United States and other advanced countries, the government said Tuesday. Outbound shipments reached US$49.76 billion in March, up 5.2 percent from the same month last year, according to the Ministry of Trade, Industry and Energy. The highest monthly figure for exports is $50.48 billion posted in October 2013.

Abe's Yasukuni visit not constructive: U.S. envoy

U.S. Ambassador to Japan Caroline Kennedy said Thursday that Japanese Prime Minister Shinzo Abe's visit in December to the war-linked Yasukuni Shrine in Tokyo was not constructive for the East Asian region. "I think anything that distracts from all the positive work that we do together and makes the regional climate more difficult is something that is not as constructive moving forward because we really need to keep looking forward," Kennedy said in an interview aired by Japan's public broadcaster NHK.

Abe's Yasukuni visit not constructive: U.S. envoy

U.S. Ambassador to Japan Caroline Kennedy said Thursday that Japanese Prime Minister Shinzo Abe's visit in December to the war-linked Yasukuni Shrine in Tokyo was not constructive for the East Asian region. "I think anything that distracts from all the positive work that we do together and makes the regional climate more difficult is something that is not as constructive moving forward because we really need to keep looking forward," Kennedy said in an interview aired by Japan's public broadcaster NHK.

S. Korea's trade surplus narrows on increased imports in Feb.

SEJONG, March 1 (Yonhap) -- South Korea's trade surplus shrank significantly from a year earlier last month as imports grew at a faster rate than exports, the government said Saturday. The country's overall outbound shipments rose 1.6 percent on-year to US$42.98 billion in February with its imports gaining 4 percent to $42.06 billion, according to the Ministry of Trade, Industry and Energy.

S. Korea's trade surplus narrows on increased imports in Feb.

SEJONG, March 1 (Yonhap) -- South Korea's trade surplus shrank significantly from a year earlier last month as imports grew at a faster rate than exports, the government said Saturday. The country's overall outbound shipments rose 1.6 percent on-year to US$42.98 billion in February with its imports gaining 4 percent to $42.06 billion, according to the Ministry of Trade, Industry and Energy.

S. Korea's trade surplus narrows on increased imports in Feb.

SEJONG, March 1 (Yonhap) -- South Korea's trade surplus shrank significantly from a year earlier last month as imports grew at a faster rate than exports, the government said Saturday. The country's overall outbound shipments rose 1.6 percent on-year to US$42.98 billion in February with its imports gaining 4 percent to $42.06 billion, according to the Ministry of Trade, Industry and Energy.

Argentina trade surplus plunges in January

Argentina's economy showed signs of weakness in January, posting its lowest trade surplus since March 2001, the national statistics agency said Friday as it also reported solid 4.9 percent growth last year. The trade balance dropped 88 percent to $35 million in January compared with the same month a year earlier, according to INDEC agency figures. Argentina sharply devalued its peso currency in January, losing 18 percent of its value to the dollar, and launched a new index this month that showed a sky-high 3.7 percent rise in prices in January.
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