China enjoys 18% export boom to end 2020 as trade surplus grows

China enjoyed an 18 per cent export boom in December and saw its trade surplus with America widen during 2020 as the country where the coronavirus pandemic began continues to enjoy its economic rebound.  Beijing hailed its ‘outstanding achievements in foreign trade’ as customs data showed exports surging to $282billion in December and rising 3.6 … Read more China enjoys 18% export boom to end 2020 as trade surplus grows

London markets open down ahead of multi-billion pound ‘winter plan’

London markets open down 1.3% by 77 points on 5,822 ahead of multi-billion pound ‘winter plan’ being announced by Rishi Sunak today FTSE 100 index of UK’s biggest companies falls 1.3% or 77 points to 5,822 today Frankfurt DAX 30 loses 1% and Paris CAC 40 drops 1.2% after falls in Asia and US  Rishi … Read more London markets open down ahead of multi-billion pound ‘winter plan’

Eurozone economy suffers its worst drop on record

Eurozone economy suffers its worst drop on record as it shrinks by 3.8% in the first quarter amid coronavirus shutdown as experts warn of worse to come in next three months GDP in 19-member eurozone suffered worst slump since records began in 1995   Economists expect worse to come because lockdowns are still only weeks old  … Read more Eurozone economy suffers its worst drop on record