Asian stocks follow US lower with Wall Street on a losing streak
Written by Black Hot Fire Network on December 7, 2023
China’s exports rose slightly in November, breaking a six-month run of consecutive declines and giving a boost to policymakers looking to revive a flagging recovery in the world’s second-largest economy.
Exports rose 0.5 per cent year on year in dollar terms, official data showed on Thursday, compared with a Reuters poll of analysts that predicted a decline of 1.1 per cent. In October, exports dropped 6.4 per cent compared with the same period a year earlier
Imports, meanwhile, fell 0.6 per cent compared with a Reuters analyst . . .