German exports surge to new high
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German exports hit record levels last year, helping the trade surplus to its highest level since unification.
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The euro rocketed up to a new record high against the dollar as markets grew increasingly worried about the ballooning trade and budget deficits in the United States.
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After months in a slump, Germans have found a fresh taste for shopping, with Christmas giving the eurozone's biggest economy a boost, a survey by the GfK institute showed Thursday.
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China's trade surplus has surged to an almost record level in February, official state figures show.
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Germany&#39;s economy is still on the mend despite an unexpectedly sharp slowdown in growth over the summer, the country&#39;s central bank said Monday, predicting that exports would rise in the fourth quarter even as the euro soars.
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The German economic outlook has rarely looked sunnier, with sky-high business confidence and growth strong enough to shrug off a sharp rise in sales tax early this year, data showed on Thursday.
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German gross domestic product grew unexpectedly strongly in the second half of last year.
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UK manufacturing firms are enjoying their biggest rise in exports since 1995, a report says.
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Japan's trade surplus hits a 24-year high as exports to Asia and Europe offset a fall in sales to the US.
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German airline Lufthansa shares hit their highest level in three months on Thursday as easing oil prices spurred buying in a sector threatened with hefty losses due to high fuel prices.
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The German economy, Europe's biggest, is currently running up one record after another.
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The euro jumps to an all time high against the dollar as signs of declining business confidence in Germany increases fears about European competitiveness.
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Surging exports trigger a rise in China's trade surplus with the rest of the world to a record  $27bn in June.
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Shares in German postal bank Deutsche Postbank leapt higher Wednesday amid fresh takeover and merger speculation sparked by a press report early in the day.
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World Cup visitors help German hotels and caterers see a rise in sales over the summer.
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Germany's trade surplus widened in November, despite the increased strength of the euro, as exports to other European Union countries rose, according to government figures released Monday.
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Germany's unemployment rate unexpectedly rose to 10.7pc in September, the highest since February 1999, as a shrinking domestic economy prompted companies to demand more from existing staff rather than adding ...