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> China Records a Rare Trade Deficit of $4.98 Bn in March as Exports Fall 2.7%
China's March exports unexpected fell 2.7 percent from a year earlier, the first drop since February last year, while imports grew 14.4 percent, more than expected, customs data showed on Friday.
That left the country with a rare trade deficit of $4.98 billion for the month, also the first since last February.
> ‘Remains to Be Seen' Whether Middle East Tensions Continue to Propel Oil Prices
Oil prices have soared amid worries about fighting in the Middle East, but it is not yet clear whether elevated tensions will continue to support the recent rally, according to the latest monthly report from the International Energy Agency (IEA).
"Political uncertainty in the Middle East has returned to the fore," the IEA said in its closely-watched report published Friday.
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