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Top News & Analysis Hawaii

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  • LAHAINA, Hawaii, July 30- Pacific Rim trade ministers neared the final spurt of negotiations on an ambitious free trade pact on Thursday, but differences over farm exports and monopoly periods for next-generation drugs kept them short of an elusive final deal. Ministers from the 12 countries negotiating the Trans-Pacific Partnership, which would cut trade...

  • LAHAINA, Hawaii, July 30- Pacific Rim trade ministers neared the final spurt of negotiations on an ambitious free trade pact on Thursday, but differences over farm exports and monopoly periods for next-generation drugs were preventing them from reaching an elusive final deal. Ministers from the 12 countries negotiating the Trans-Pacific Partnership, which...

  • LAHAINA, Hawaii, July 30- Pacific Rim trading partners have to make an effort to seal an ambitious free trade deal but must also recognize that very sensitive markets cannot be thrown open to full competition immediately, Mexican Trade Minister Ildefonso Guajardo said on Thursday. Trade ministers from the 12 countries negotiating the Trans-Pacific...

  • WASHINGTON, July 29- The United States is in talks to reach an agreement on currency policy with all its partners in a potential Asia-Pacific trade pact, a U.S. Treasury official said on Wednesday. "We are discussing with all of our TPP partners provisions to promote our mutual interest in preventing unfair currency practices," the official said, referring to the...

  • The 58- year-old, whose lush paddy fields in the Shonai plain overlook the Sea of Japan, is in the minority among farmers generally opposed to a pact being negotiated in Hawaii this week that could make selling their products harder. Japan's reluctance to open up to more imports, including of rice, has been a major stumbling block to the TPP, and Tokyo held bilateral...

  • LAHAINA, Hawaii, July 28- Pacific Rim trading partners might convene a top-level forum to discuss how to stop countries manipulating currencies for competitive advantage, Australian Trade Minister Andrew Robb said on Tuesday. Speaking on the sidelines of a meeting in Hawaii where ministers are negotiating a 12- nation trade deal, Robb said member countries...

  • LAHAINA, Hawaii, July 28- Australia is pleased with discussions with Pacific Rim trading partners on resolving disputes with foreign investors but will not agree to a regional trade pact unless it wins more access to the U.S. sugar market, Australian Trade Minister Andrew Robb said on Tuesday. In an interview with Reuters on the sidelines of talks aimed at...

  • Amari says Japan, U.S. need more bilateral trade talks Wednesday, 29 Jul 2015 | 1:32 AM ET

    LAHAINA, Hawaii, July 28- Japanese Economics Minister Akira Amari said on Tuesday that Japan and the United States have not yet reached an agreement in bilateral trade talks and that the two nations need more discussion. Ministers from the 12- nation Trans-Pacific Partnership are in Hawaii aiming to clinch a broad agreement this week. Japan and the U.S. have been...

  • LAHAINA, Hawaii, July 28- Pacific Rim trading partners are considering setting up a top-level forum to consider ways to avoid currency manipulation in parallel to an ambitious 12- nation trade deal, Australian Trade Minister Andrew Robb said on Tuesday. Robb said the U.S. proposal would not seek to include language on avoiding currency manipulation within the...

  • LAHAINA, Hawaii, July 28- The United States, Canada and Japan have to make concessions on dairy trade before a wider Pacific trade deal can be wrapped up, New Zealand's agricultural trade envoy said on Tuesday. "We have got to see movement with Canada and the USA, Japan and New Zealand and Australia in particular, that's where the dairy things lie," Petersen said.

  • Dairy trade impasse holding up Pacific trade deal -NZ Tuesday, 28 Jul 2015 | 7:31 PM ET

    LAHAINA, Hawaii, July 28- The United States, Canada and Japan have to make concessions on dairy trade before a wider Pacific trade deal can be wrapped up, New Zealand's agricultural trade envoy said on Tuesday. "We have got to see movement with Canada and the USA, Japan and New Zealand and Australia in particular, that's where the dairy things lie," Petersen said.

  • The United States and Japan, the two biggest economies in the talks, are both keen for strong intellectual property protections, such as long copyright periods and data protection for next-generation drugs. Japanese Economy Minister Akira Amari, arriving in Hawaii with his counterparts from the 12- nation Trans-Pacific Partnership countries, told...

  • LAHAINA, Hawaii, July 26- Pacific Rim officials meet in Hawaii this week for talks that could make or break an ambitious trade deal which aims to boost growth and set common standards across a dozen economies ranging from the United States to Brunei. Trade ministers go into the talks, which run from July 28 to 31 on the island of Maui, with high hopes of a pact to...

  • The United States, New Zealand and Australia are pushing hard for Canada to open up its protected dairy market and allow more imports, complaining that the country has not given its trade partners a sign it is ready to talk and even mulling a TPP without Canada. Sugar refiner Imperial Sugar Co, part of Louis Dreyfus Commodities, says Australia should be allowed to...

  • WASHINGTON, July 26- Pacific Rim officials meet in Hawaii this week for talks that could make or break an ambitious trade deal which aims to boost growth and set common standards across a dozen economies ranging from the United States to Brunei. Trade ministers go into the talks, which run July 28-31 on the island of Maui, with high hopes of an agreement to conclude...

  • NEW YORK, July 25- In a possible setback for Hillary Clinton, the AFL-CIO's political committee has recommended the nation's largest labor union federation delay endorsing a candidate for the 2016 presidential race as it seeks to push her to be more supportive of its policies on issues such as trade and wages. The move highlights the pressures Clinton is facing...

  • WASHINGTON, July 23- Washington lobbying by companies and groups involved in global trade boomed in the past nine months, records show, as Congress debated a landmark trade pact proposed by President Barack Obama, the 12- nation Trans-Pacific Partnership. Lobbying expenditures by members of a pro-TPP coalition increased to $135 million in the second quarter...

  • LONDON, July 21- California motorists are paying $1 per gallon more for gasoline than drivers in the rest of the country as problems at state refineries leave the state fuel market unusually tight. The gap between fuel prices in California and the rest of the country hit a record $1.06, up from just 43 cents at the start of the year. California levies almost 61 cents...

  • *Dollar/yen seen capped under 125 yen for time being. TOKYO, July 21- The dollar hovered near five-week highs versus the yen on Tuesday after a top Federal Reserve official added to expectations that U.S. interest rates could be raised as early as September. Louis Fed President James Bullard told the Fox Business network on Monday that the central bank is likely to...

  • TOKYO, July 21- The dollar hovered near five-week highs versus the yen on Tuesday after a top Federal Reserve official added to expectations that U.S. interest rates could be raised as early as September. Louis Fed President James Bullard told the Fox Business network on Monday that the central bank is likely to raise rates in September as inflation is set to...