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  • SEOUL, July 1- Following are South Korea's preliminary export and import figures for June, released by the Ministry of Trade, Industry and Energy on Wednesday:. JUNE* MAY Balance 10.2 6.3 Exports 47.0 42.4 -1.8 -10.9 Imports 36.7 36.1 -13.6 -15.4* Revised figures released on June 15. NOTES:- Reuters poll: Exports were seen down 1.0 percent in June over a year earlier...

  • WASHINGTON, June 30- U.S. exporters large and small scrambled on Tuesday to urge foreign customers not to abandon deals supported by the U.S. Export-Import Bank, which will be forced to halt new business at midnight as its charter expires. Companies affected range from giants including aircraft maker Boeing Co and General Electric Co to small exporters of...

  • WASHINGTON— One day after President Barack Obama signed hard-fought trade legislation, his administration took issue with language meant to discourage boycotts of Israel. A bipartisan amendment— which drew comparatively little attention in Congress' long, multi-faceted trade debate— instructs U.S. negotiators to resist other countries' actions that...

  • WASHINGTON, June 30- The U.S. Export-Import Bank will stop new loans and insurance activities at midnight on Tuesday, the White House said in a statement, a lapse it said could hurt exports and jobs and benefit rivals such as China. "When Ex-Im lapses, China and other foreign rivals will pick up the slack, putting American businesses and American workers at a...

  • WASHINGTON, June 30- The U.S. Export-Import Bank will stop new loans and insurance activities at midnight on Tuesday, the White House said in a statement, a lapse it said could hurt exports and jobs and benefit rivals like China.

  • BUENOS AIRES, Argentina— Argentina and Brazil are greeting news that they will soon be able to export fresh beef into the United States after a longtime ban. Exports of fresh beef from Argentina to the three North American countries could be worth about $280 million, said Economy Minister Axel Kicillof. The U.S. Department of Agriculture's Animal and Plant...

  • *Iraq exports hit record despite Baghdad, KRG tension. LONDON, June 30- OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group's top exporters on market share. OPEC supply has risen in June to 31.60 million bpd from a revised 31.30 million bpd in...

  • *Jan-May imports from Iran slightly over 1 mln bpd. A deal between Iran and six world powers would resolve a 12- year standoff over the Islamic nation's nuclear work in exchange for relief from sanctions, which could eventually send millions of barrels flooding into an already saturated market. Iran, the United States, Britain, France, Germany, Russia and China...

  • BEIJING, June 30- China's trade deficit in services widened to $18.3 billion in May, as Chinese tourists continued to spend more abroad than foreigners visiting the country, the foreign exchange regulator said on Tuesday. For the first five months, China had a deficit of $76.7 billion in services trade and a surplus of $207.8 billion on trade in goods, producing a...

  • China May services trade deficit $18.3 bln Monday, 29 Jun 2015 | 9:53 PM ET

    BEIJING, June 30- China posted a $18.3 billion deficit on trade in services in May and a deficit of $76.7 billion in the first five months of 2015, the foreign exchange regulator said on Tuesday.

  • WikiLeaks says NSA spied on French business Monday, 29 Jun 2015 | 4:21 PM ET

    PARIS— WikiLeaks has released documents that it says show that the U.S. National Security Agency eavesdropped on France's top finance officials and high-stakes French export bids over a decade in what the group called targeted economic espionage. France and the U.S. didn't immediately respond to the release in French publications Mediapart and Liberation...

  • Obama signs trade, worker assistance bills into law Monday, 29 Jun 2015 | 2:22 PM ET

    Five Democratic and two Republican members of Congress watched as Obama affixed his name to the two bills. The trade bill gives Congress the right to approve or reject trade agreements, but not change or delay them. "I think it's fair to say that getting these bills through Congress has not been easy," Obama said.

  • *Bulk of U.S. oil heads to Europe. NEW YORK, June 29- U.S. exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe, according to traders familiar with the deals and data from an energy consultant. "One of the main surprises is that the majority of the exports have been to Europe rather than...

  • The Philippines' manufacturing ambitions Sunday, 28 Jun 2015 | 8:47 PM ET
    The Philippines' manufacturing ambitions

    In this final episode of "Global Opportunities Philippines", CNBC's Pauline Chiou examines whether the Philippines has what it takes to grab a much bigger slice of the manufacturing business.

  • TOKYO, June 29- Japanese industrial output fell in May at the fastest pace in three months, adding to fears the economy may have contracted in the current quarter and putting the onus on consumers to drive a near-term rebound as exports remain in the doldrums. "We were expecting GDP to be flat in the second quarter, but now there is the possibility it could contract,"...

  • BERLIN, June 28- Martina Roemmelt-Fella, who owns a small, family-run turbine manufacturer in Bavaria, should be a cheerleader for a trade deal between Europe and the United States that promises to ease the flow of goods and services across the Atlantic. But instead she fears the Trans Atlantic Trade and Investment Partnership being hammered out between...

  • MEXICO CITY, June 26- Mexico expects a finalized 12- nation Pacific trade deal to double the country's agricultural exports to Japan's mostly-closed market, and the deal will likely be inked in the "next few weeks," a senior trade official said on Friday. The so-called Trans-Pacific Partnership, or TPP, would potentially cover 40 percent of the world economy and...

  • MEXICO EXPECTS A FINALIZED 12- NATION PACIFIC TRADE DEAL TO DOUBLE ITS AGRICULTURAL EXPORTS TO JAPAN- DEPUTY TRADE MINISTER.

  • Does aid for workers hit by globalization work? Friday, 26 Jun 2015 | 1:54 PM ET
    Workers assemble Jeep Wranglers at the Chrysler Toledo North Assembly Plant in Toledo, Ohio.

    The U.S. has subsidized job training and offered benefits to workers displaced by foreign competition since 1974.

  • GENEVA, June 26- The World Trade Organization on Friday backed a Japanese complaint against Ukraine's emergency tariffs on car imports and recommended that Kiev revoke the measures imposed two years ago. A WTO dispute panel, set up in March 2014, ruled on Friday that Ukraine violated the so-called Safeguards Agreement in the dispute brought by Japan which...