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  • Japan's exports up in September, deficit persists Tuesday, 21 Oct 2014 | 9:00 PM ET

    TOKYO— Japan's trade deficit edged higher in September though exports rose more than expected as the yen weakened to a near six-year low, the Finance Ministry said Wednesday. Economists expect the U.S. economic recovery to give Japan's exports a long-awaited boost. Despite a weaker yen in the past two years, demand for Japan's exports had remained weak and the...

  • TOKYO, Oct 22- Japan's exports rose at the fastest pace in seven months in September as shipments to Asia picked up pace, but a slowdown in China, war in the Middle East and the spread of the Ebola virus mean exports may struggle to accelerate further. Now, renewed turbulence in the global markets on signs of a slowing world economy could snuff out any gains in exports,...

  • Takuji Okubo, Principal & Chief Economist at Japan Macro Advisors, says the trade data indicate a recovery in Japan's domestic demand as well as competitiveness among exporters.

  • Japan Sept exports rise 6.9 pct year/year - MOF Tuesday, 21 Oct 2014 | 8:02 PM ET

    TOKYO, Oct 22- Japan's exports rose 6.9 percent in September from a year earlier, government data showed on Wednesday, in a tentative sign that external demand is starting to pick up. The trade balance came to a deficit of 958.3 billion yen, versus the median estimate of a 777.0 billion yen deficit. To view full tables, go to the website of the Ministry of Finance at:...

  • Japan exports grow at fastest pace in 7 months Tuesday, 21 Oct 2014 | 7:52 PM ET

    Japan's exports rose at the fastest pace in seven months in September, easing fears that the country's main growth engine is sputtering.

  • WASHINGTON, Oct 21- The United States has floated excluding tobacco products from a key section of a 12- nation Pacific trade deal and signaled it may present a formal proposal to trading partners at talks in Australia, sources briefed on the negotiations said. Marlboro maker Philip Morris International is challenging Australia's plain packaging laws, which...

  • GENEVA, Oct 21- World Trade Organization chief Roberto Azevedo will begin consulting with WTO ambassadors on Wednesday to try to work out how to pick up the pieces after global trade negotiations appeared to suffer a final defeat on Tuesday. Some diplomats had said the meeting was the final deadline for India to stop blocking a global agreement or they might...

  • WASHINGTON, Oct 21- The U.S. Department of Commerce will terminate a 15- year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities. Duties will apply beginning Dec. 16, according to the letter from Ronald K. Lorentzen, the Commerce Department's deputy assistant secretary for enforcement and...

  • GENEVA, Oct 21- India made no sign of dropping its veto on a global trade deal on Tuesday, forcing World Trade Organization chief Roberto Azevedo to announce a week of talks to try to chart the future direction of the Geneva- based body. Some diplomats had said a WTO meeting on Tuesday was the last chance for India to let a global trade deal go through or other countries...

  • Slovakia bans exports of drinking water Tuesday, 21 Oct 2014 | 9:59 AM ET

    BRATISLAVA, Slovakia— The Slovak Parliament has voted to approve a constitutional amendment that bans exports of water from Slovakia. Slovakia has enough water resources but Prime Minister Rober Fico has called the ban a "sensible" step. Fico says it was necessary to impose it after attempts to build pipelines to transport water from Slovakia to neighboring...

  • U.S. says to scrap trade deal on Russian steel duties Tuesday, 21 Oct 2014 | 9:26 AM ET

    WASHINGTON, Oct 21- The U.S. Department of Commerce will terminate a 15- year old deal sheltering Russian flat-rolled steel producers from potential steep duties, it said in a letter to Russian authorities published on Monday.

  • TOKYO, Oct 21- The time is "ripe" for Japan and the United States to reach a breakthrough in talks for a Trans-Pacific Partnership trade pact, the U.S. commerce secretary said on Tuesday, adding that the two were "a lot closer" to a deal than in recent months. Penny Pritzker, who is in Japan with a trade mission of U.S. energy and medical companies, said both countries needed...

  • US urges Japan to be bolder in opening markets Tuesday, 21 Oct 2014 | 1:47 AM ET

    Commerce Secretary Penny Pritzker is urging Japan to be bolder in opening its markets to help reach a deal on a pan-Pacific trade agreement. Pritzker, who is leading the Commerce Department's first trade mission to Japan in two decades, said Tuesday that U.S. and Japanese negotiators were closing the gap on trade in farm goods and vehicles but that there were...

  • SINGAPORE, Oct 21- Gold retained overnight gains on Tuesday to trade near a one-month high as Asian equities and the dollar marked time, with markets awaiting China and U.S. data to gauge the strength of the global economy. *Gold jumped to a one-month high of $1,249.30 last week as fears over a slowdown in the global economy sent investors chasing after safe-haven...

  • GENEVA/ WASHINGTON, Oct 20- The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on Monday it had failed to bring its meat labeling regulations fully in line with international fair trading rules. Canada and Mexico called on the United States to repeal the rules and said they were prepared to...

  • The U.S. Department of Energy is expected to release a report in late October that will help assess whether domestic gasoline prices would rise if Congress or the Obama administration lifted the 40- year ban on crude oil exports. Congress mandated the oil export ban following the Arab oil embargo of the 1970 s, which sent shock waves through energy markets and...

  • WASHINGTON, Oct 20- The U.S. Department of Energy is expected to release a report in late October that will help assess whether domestic gasoline prices would rise if Congress or the Obama administration lifted the 40- year ban on crude oil exports. Congress mandated the oil export ban following the Arab oil embargo of the 1970 s, which sent shock waves through...

  • WTO rejects US country-of-origin labels for meat Monday, 20 Oct 2014 | 2:04 PM ET

    In a ruling Monday, the World Trade Organization rejected U.S. rules requiring labels on packaged steaks, ribs and other cuts of meat identifying where the animals were born, raised and slaughtered. In 2012, the WTO had ruled against the "country of origin labeling" requirements, which Congress originally wrote in 2002. The U.S. Department of Agriculture rewrote...

  • GENEVA/ WASHINGTON, Oct 20- The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on Monday it had failed to bring its meat labeling laws fully into line with international fair trading rules. The WTO said the United States had not done enough to change its labeling laws, requiring retailers such as...

  • MOSCOW, Oct 20- Russia will suspend animal fat and meat byproduct imports from the European Union, the country's veterinary and phytosanitary service Rosselkhoznadzor said on Monday, extending an earlier sweeping ban on Western food. The veterinary service said the ban, coming into force on Oct. 21, was temporary and resulted from the detection of hazardous...