TODAY’S TOP ARTICLES – 22 OCT 2014

China: China’s overseas direct investment projected to rise 10% per year
China’s overseas direct investment is expected to grow by at least an annual 10% during the next five years which would soon turn the country into a net capital exporter, according to a senior commerce ministry official. (Source: Reuters)

Japan: Trade deficit soars to record ¥5.427 billion on fuel import costs
Japan posted a record deficit of JPY 5.4 trillion in goods trade in the first half of fiscal 2014 due to rising energy imports caused by the prolonged halt in nuclear power generation. (Source: The Japan Times)

Venezuela: Venezuela’s draft budget for FY2015 totals USD 117.73 billion
On 21 October, Minister of Economy Marco Torres presented the draft budget for 2015, which includes an estimated oil price of USD 60 per barrel. (Source: El Universal)

Hong Kong: Hong Kong protesters plan march after fruitless talks with government
Hong Kong protesters planned to march to the home of the city’s Beijing-backed leader on Wednesday to push their case for greater democracy a day after talks between student leaders and senior officials failed to break the deadlock. (Source: Reuters)

Brazil: Rousseff Gains Edge as Brazil Polls Point to Photo Finish
Brazil’s President Dilma Rousseff gained support over opposition candidate Aecio Neves even as the race remains in a dead heat less than a week before the runoff, according to a Datafolha poll published yesterday. (Source: Bloomberg)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

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