WASHINGTON -- Ranked by Forbes Magazine, Liquidity Services Inc. LSI, is one of America's 200 Best Small Companies. As the leading online auction marketplace for wholesale surplus and salvage assets, LSI ranks #26 on this year's list as a result of its strong performance over the past twelve month and...
TOKYO AFP — Japan's trade surplus in July fell 86.6 percent to 91.1 billion yen (830 million dollars) from a year ago, the finance ministry said Thursday, as high oil prices drove up the cost of energy imports. It marked the fifth straight month of decline for the trade...
If the U.S. government's budget were in the same shape as Iraq's, American taxpayers would be wondering what to do with a budget surplus of about $1.4 trillion. Wouldn't that be nice. Instead, thanks in part to the $10 billion it spends...
WASHINGTON -- Liquidity Services, Inc. LSI today announced the award of its new Surplus Contract with the Defense Reutilization and Marketing Service DRMS, a field activity of the U.S. Department of Defense DoD. Following a competitive offering process, on July 31, 2008 DRMS awarded LSI a contract to manage the...
[ILLUSTRATION OMITTED] How resilient is growth in Saudi Arabia to a global downturn? The energy rich kingdom, endowed with one-fifth of the world's proven oil reserves, is in the midst of an investment-led boom that shows little evidence of being derailed by the credit crunch and ensuing slowdown in...
FRANKFURT AFP — The eurozone payments current account showed a deficit of 7.3 billion euros (11.5 billion dollars) in May, the European Central Bank estimated on Thursday, following a surplus of 1.5 billion euros in April. The current account is the eurozone's widest measure of eurozone trade and financial...
FRANKFURT AFP — Germany's trade surplus fell in May by much more than expected to 14.4 billion euros (22.6 billion dollars), provisional data released on Wednesday by the national statistics service Destatis showed. The figures were more evidence that Europe's biggest economy has hit the brakes, and several analysts...
MADRID AFP — Barcelona warned Friday that it would not sell its Brazilian striker Ronaldinho, who has been deemed surplus by the Spanish side's new coach Pep Guardiola, at a discount. "Ronaldinho is a player of great value and we will only sell if we get a proper price....
BEIJING AFP — China's trade surplus stood at 20.2 billion dollars in May, down 9.9 percent from a year earlier, according to customs figures made public on Wednesday. Chinese exports in May rose 28.1 percent from the same month a year ago to 120.5 billion dollars, while imports increased...
TOKYO AFP — Japan's trade surplus in April fell 46.3 percent, due to a steady rise in energy imports, overshadowing a small rise in exports led by slowing US demand, the finance ministry said on Thursday. Trade surplus in April was estimated at 485.03 billion yen (4.71 billion dollars),...
JAKARTA AFP — ASEAN trade ministers agreed Saturday to help each other during the global food crisis and to take measures to maintain the stability of rice prices and boost production. "ASEAN will help each other in stabilising the global food price and not take steps that will disrupt...
FRANKFURT AFP — The eurozone payments current account showed an estimated surplus of 4.3 billion euros (6.8 billion dollars) in February, after a deficit of 7.9 billion in January, the European Central Bank said on Wednesday. The current account is the eurozone's widest measure of eurozone trade and financial...
TOKYO AFP — Japan's trade surplus shrank 30.2 percent in March with exports growing at the weakest pace in almost three years due to the US economic slowdown, official figures showed Wednesday. US-bound exports showed a double-digit plunge while demand from the rest of Asia cooled as the global...
FRANKFURT AFP — German exports stagnated in February but rose strongly year-on-year, data showed Wednesday, adding to recent evidence that Europe's largest economy is holding up well despite the rise in the euro. Figures from the federal statistics office showed that exports, adjusted for seasonal effects, were flat from...
FRANKFURT AFP — The German trade surplus edged lower in February but still came in well above analysts' expectations, figures released on Wednesday by the federal statistics office showed. The biggest European economy and leading global exporter posted a provisional trade surplus of 16.9 billion euros (26.6 billion dollars),...
THE NET FOREIGN assets of Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Bahrain and Oman are expected to rise by $200bn this year to $2 trillion, according to a new report by the Washington-based Institute for International Finance IIF. By 2012, their total assets held abroad could reach almost...
FRANKFURT AFP — The European Central Bank said Wednesday that the eurozone payments current account had an estimated deficit of 10.6 billion euros (16.7 billion dollars) in January. The current account deficit -- the widest measure of eurozone trade and financial transactions with countries outside the 15-nation area --...
HARRISBURG - For decades, what the Pennsylvania legislature didn't spend in one budget year it stashed away for the next in a practice widely criticized as wasteful hoarding. That could end soon, with tens of millions of taxpayer dollars, if not more, returned to the treasury. The joint House-Senate Legislative...
Byline: Resource News International WINNIPEG, MB, Mar 11, 2008 Resource News International via COMTEX -- The Canadian dollar was trading at a firmer level against the US dollar in early Tuesday morning activity. Favorable economic data strengthened the Canadian currency as did record...
Byline: Resource News International WINNIPEG, MB, Mar 11, 2008 Resource News International via COMTEX -- The Canadian dollar was trading at a firmer level versus the US dollar at midday on Tuesday but has fallen from levels seen earlier in the session. Strong...
