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Germany's economy in 2010 grew at its strongest rate since the country's reunification, propelled by exports and rising investment, the Federal Statistics Office said.
The U.S. and South Korea have reached an agreement on a free trade deal to boost American exports and create tens of thousands of U.S. jobs in the largest trade pact in more than a decade.
Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.
President Obama urged other world leaders Wednesday to reduce their reliance on exports to the United States to drive their economic growth, stressing a need to resolve global imbalances such as China's huge trade surplus.
U.S. industry and senior Democrats ratcheted up pressure on Congress on Wednesday for a tough new trade law to punish China for what they see as an undervalued currency that threatens American jobs and profits.
Growth in Japan's economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers' headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.
Senh: I'm not sure what I should be more impressed with - that China has finally became the second largest economy in the world or that a tiny country like Japan was previously in second place. I guess I'm equally impressed.
Stocks extended their winning streak Monday after China said it would allow its currency to appreciate against the dollar, a move that could provide a boost for U.S. manufacturers and exporters ...
The U.S. trade deficit widened more than expected in February as a small gain in exports to the highest level in 16 months was offset by a bigger jump in imports, reflecting increased demand for consumer goods from televisions to clothing.