WASHINGTON, April 23- Environmental groups urged the United States on Wednesday to drop a challenge to India's massive solar program and said the World Trade Organization case would only hurt the growth of renewable energy resources.» Read More
The ban on exports of unprocessed minerals by Indonesia, the world's biggest nickel ore supplier, was felt sharply last month when its shipments to top buyer China fell to less than a million tonnes from an average of 3.4 million tonnes a month last year.
LONDON, April 23- Copper was once again the stand-out in China's first-quarter imports of industrial metals. Yet China's net imports of refined nickel slumped 35 percent in Q1 2014.. Such contradictory outcomes say much about how both China's import demand for metals and the market's interpretation of that demand are changing.
Arriving in Japan, Obama says Washington welcomes China's rise but engagement with Beijing would not come at the expense of its Asian allies.
Martin Schulz, senior economist at Fujitsu Research Institute, says the U.S. and Japan need to strengthen their economic relations and that the Trans-Pacific Partnership will be the main issue of this visit.
*Luanda offers contrasts of conspicuous wealth and poverty. LUANDA, April 23- In Luanda's Jumbo supermarket, a half-litre tub of imported vanilla ice-cream used to cost $25, testament to the Angolan capital's rank as one of the world's most expensive cities.
TOKYO/ WASHINGTON, April 22- U.S. Trade Representative Michael Froman arrived in Japan earlier than expected on Wednesday, Japanese media, for a last ditch push for a two-way deal seen as crucial to efforts to create one of the world's biggest trade pacts.
Michael Auslin, Resident Scholar and Director of Japan Studies at the American Enterprise Institute, discusses whether Japan's military push will eclipse the trade agenda during Obama's visit.
WASHINGTON/ TOKYO, April 22- A meeting between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe this week in Tokyo may not seal one of the world's biggest trade pacts, but it could give it a much-needed boost.
NEW ORLEANS— The U.S. Commerce Department is investigating allegations that Mexico is exporting far more sugar than it has in the past and selling it in the U.S. at below fair market price. The Commerce Department announced its decision Friday, saying sugar imports from Mexico grew from 1.4 million metric tons in 2011 to nearly 2.1 million metric tons last year.
*Gold imports in April and May seen at 20 tonnes. MUMBAI, April 22- India's gold imports in April and May could be less than half of arrivals in March, as restrictions on the movement of cash during general elections. Gold arrivals in both April and May could plunge to 20 tonnes, Bamalwa said, from March imports of 50 tonnes.
*China nickel ore imports from Indonesia down sharply. SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.
TOKYO— President Barack Obama's travels through Asia in coming days aim to reassure partners about the renewed U.S. commitment to the region, with an eye both to China's rising assertiveness and the fast-growing markets that are the center of gravity for global growth.
The major sticking points between Japan and the U.S. have to do with removing tariffs on agricultural products such as rice, beef, dairy products and sugar that Japan has long protected from foreign competition, Japanese media reported. Japanese carmakers exported 4,731 vehicles per day to the U.S. last year, while Japan imported less than 62 per day.
SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.
Ahead of Obama's visit to Japan this week, U.S. Senator Roger Wicker told CNBC he wasn't optimistic that any progress would be made on the TPP.
BUENOS AIRES, April 21- Argentine President Cristina Fernandez on Monday asked Congress to eliminate some of the taxes paid by biodiesel manufacturers in a bid to support an industry hard hit by European Union anti-dumping measures.
Roger Wicker, U.S. Republican Senator, explains why he's not optimistic that President Obama will make any progress on trade talks during his visit to Asia this week.
*Japan posts record trade deficit, hits yen. *Unrest in Ukraine likely to limit safe-haven yen's losses. NEW YORK, April 21- The dollar rose to a two-week high against the yen on Monday after Japan posted a record trade deficit in the fiscal year ended in March, though tensions in Ukraine were likely to limit losses on the safe-haven Japanese currency.
TOKYO, April 21- Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policy makers into early action as a national sales tax hike puts more strain on growth.
*Gold retreats from early climb to $1,300 in choppy trade. *Australia, Hong Kong, London closed for Easter. Australia, Hong Kong and London are closed on Monday for the Easter holiday.