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Monthly archive June, 2018

U.S. Service Sector Growth Accelerates More Than Expected In May

Activity in the U.S. service sector grew at a faster than expected rate in the month of May, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its non-manufacturing index climbed to 58.6 Read More →

South Korea April Current Account Surplus Slips To $1.77 Billion

South Korea posted a current account surplus of $1.77 billion in April, the Bank of Korea said on Tuesday - down from the $5.18 billion surplus in March.Original Article Read More →

Cryptocurrency Daily Roundup – May 31

Bitcoin continued to build on its rising trend witnessed from a day earlier on Thursday. The leading cryptocurrency rebounded to above $7,500 after a weak start to the week. Here is a wrap of the main news from cryptocurrency and Read More →

U.S. To Impose Steel, Aluminum Tariffs On Canada, Mexico, And EU

Commerce Secretary Wilbur Ross announced Thursday the U.S. will impose tariffs on steel and aluminum imports from Canada, Mexico, and the European Union.Original Article Read More →

New Zealand’s Q1 Terms Of Trade Slide 1.9%

New Zealand's terms of trade fell 1.9 percent on quarter in the first three months of 2018, Statistics New Zealand said on Friday.Original Article Read More →

OECD Sees Strong Global Growth Amid Looming Risks

The Organization for Economic Cooperation & Development said the global economy is undergoing stronger growth underpinned by a rebound in trade, higher investment and buoyant job creation. Nonetheless, the OECD emphasized significant risks posed by trade tensions, financial market vulnerabilities Read More →