Overseas shipments represented a rare bright spot in China’s economy last year as sluggish domestic consumption and a prolonged crisis in the property sector dragged on growth. Total exports last year “exceeded 25 trillion yuan for the first time, reaching 25.45 trillion yuan ($3.47 trillion)… a year-on-year increase of 7.1 percent”, state broadcaster CCTV said. […]
At 10:16 a.m. ET (14:16 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 7.92 points, or 0.03%, at 22,980.36, and looked to register a weekly decline. US nonfarm payrolls increased less than expected in August, while the unemployment rate slipped to 4.2%, indicating an orderly labor market slowdown that does not warrant a […]