SHANGHAI, Dec 13- China said on Friday it would stop levying anti-dumping and anti-subsidy duties on certain types of cars imported from the United States when the measures expire on Dec. 15.» Read More
BUENOS AIRES, Dec 12- The European Union has asked for a one-month delay in the exchange of proposals to kick off free-trade negotiations with South America's Mercosur bloc, the Argentine government said on Thursday. Mercosur's four members, Brazil, Argentina, Uruguay and Paraguay, were due to present their proposals to Brussels next week.
LONDON, Dec 12- Copper and nickel climbed to five-week peaks on Thursday on fears that a planned Indonesian ban on ore exports next month could crimp exports from the world's fifth-biggest copper mine and nickel suppliers. U.S. mining giant Freeport McMoRan Copper& Gold warned that Indonesia's plan would cut output at its Grasberg mine by 60 percent next year.
*To cost Indonesia $1.6 bln in lost revenue, or 0.6 pct of GDP growth next year. JAKARTA, Dec 12- Freeport McMoRan Copper& Gold warned that Indonesia's plan to ban mineral exports from next month would cut the firm's revenues in the country by 65 percent, costing Southeast Asia's biggest economy $1.6 billion in lost revenue next year.
DELHI/ MUMBAI, Dec 12- Symbols of India's emergence as an economic powerhouse line the four-lane highway to Jaipur out of New Delhi: a factory owned by the world's biggest motorbike maker, glass towers housing global call centres, shopping malls for India's burgeoning middle class.
*China 2013 corn output seen record high-CNGOIC. BEIJING, Dec 11- China has blocked the entry of another U.S. corn cargo, and three more may be turned away, after tests found a strain of unapproved genetically-modified corn.
PARIS, Dec 11- France aims to limit state-controlled utility EDF's regulated electricity tariff increases to 2-3 percent or less per year in 2015-18, a presidential palace official said on Wednesday.
SHANGHAI, Dec 11- China is seeing a resurgence of "hot money" seeking to cash in on the rallying yuan and record-high interest rates, contributing to distortions in its trade data as speculators move money through regulatory loopholes. The return of distorted trade figures is unlikely to be welcomed by the People's Bank of China, although it is facing a dilemma.
*WTI-Brent spread narrows as TransCanada fills pipeline. NEW YORK, Dec 10 (Reuters)- Brent crude oil slid on Tuesday, extending losses for a second session on reports of a possible end to the months-long blockade of east Libyan oil terminals.
NEW DELHI, Dec 10- Indian and Iranian officials are meeting this week to discuss how to unlock the first oil payments to Iran since the United States and other world powers eased sanctions last month in exchange for curbs to Tehran's nuclear programme.
The U.S.-backed deal, which Washington wanted to conclude this year, aims to establish a free-trade bloc stretching from Vietnam to Chile and Japan, encompassing about 800 million people and almost 40 percent of the global economy. But differences over farm tariffs between the United States and Japan proved to be one of the major roadblocks.
Michael Froman, US Trade Representative, says negotiators had a "successful" meeting working out differences between the 12 countries negotiating the Trans-Pacific Partnership.
SINGAPORE, Dec 10- Ministers in Trans-Pacific trade talks said on Tuesday they had made' substantial progress' during a four-day meeting in Singapore but have not reached a final agreement and will meet again next month.
SYDNEY, Dec 10- Australia's beef exports are set to rise 7 percent in 2013/ 14 to a record high to satisfy the appetite of China's increasingly affluent masses, cementing its position as China's top supplier of beef.
Tuesday is the last day of the Trans Pacific Partnership negotiations in Singapore and as CNBC's Sri Jegarajah reports, the United States and Japan remain at odds.
Joshua Meltzer, Fellow, Global Economy and Development at Brookings Institute, explains why a TPP will be beneficial to Asia.
*Indonesia tin shipments up 28 percent in November. *Indonesia seeks way around ore export ban. Investors have become increasingly concerned about the proposed ban due to start next month on ore exports from top nickel producer Indonesia, despite signs that there may not be a complete cut-off in shipments.
*Other euro zone states anxious to sell more to Germany. BERLIN, Dec 9- Germany's trade surplus narrowed in October on a jump in demand for imports from firms and households, while industrial output unexpectedly fell, signalling a mixed start to the fourth quarter for Europe's biggest economy.
PARIS, Dec 9- European stocks rose in early trade on Monday, adding to the previous session's gains as robust exports data from China boosted investor sentiment.
Just days after the first World Trade Organisation trade reform deal was pushed through on Saturday, trade ministers from 12 countries are in closed-door talks in a Singapore hotel to try to tie up the Trans-Pacific Partnership.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Dec 9- China's record imports of iron ore in November may be as good as they get for a while as a series of factors points to a moderation in the next few months.