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  • WASHINGTON, May 22- The U.S. Senate on Friday rejected a push to beef up rules against currency manipulation in a key trade bill, avoiding a clash with the Obama administration and U.S. trade partners.

  • WASHINGTON, May 22- The U.S. Senate on Friday voted for a compromise on currency manipulation rules in a key trade bill, avoiding a clash with the Obama administration and U.S. trade partners.

  • Slow it down! Don't fast track the TPP Friday, 22 May 2015 | 12:46 PM ET
    Slow sign on walkway

    Obama may want to take his foot off the gas when it comes to the TPP trade deal, says the Fletcher School's Bhaskar Chakravorti.

  • Ex-Bush aide: Cuba could be another Singapore if Friday, 22 May 2015 | 8:35 AM ET
    Carlos Gutierrez, former U.S. Secretary of Commerce

    Cuba has the most potential of any country in the world to flourish given the right vision, says Carlos Gutierrez, who was Commerce secretary under George W. Bush.

  • BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...

  • BEIJING/ SINGAPORE, May 22- China's independent buyers of liquefied natural gas are taking their first cargoes of the fuel as Beijing permits third-party use of idle capacity at import terminals and approves the new players' long-term plans to build their own facilities. Privately run city gas distributor ENN Group and onshore LNG investor Guanghui Energy Co...

  • BRUSSELS, May 22- The European Union's anti-fraud office is investigating producers and importers of Chinese solar panels on suspicion that they are evading import duties designed to ensure a fair market, according to a source familiar with the study. Dutch tax inspectors in March carried out searches at a number of sites on suspicion an importer there had...

  • TAIPEI, May 22- Taiwan on Friday cut its 2015 full-year economic growth target and said exports will contract fall this year, citing weak demand for the island's products from China and other markets. Taiwan's worse-than-expected exports in recent months have provided further evidence that the recovery of global economies remains uncertain and demand for...

  • BERLIN, May 22- German business morale deteriorated slightly in May for the first time in seven months though it remained at a high level overall, a leading survey showed, adding to signs of softening in Europe's largest economy. The Munich- based Ifo think tank said its business climate index, based on a monthly survey of 7,000 firms, edged down to 108.5 in May from...

  • Senate clears White House-backed trade bill Friday, 22 May 2015 | 3:08 AM ET

    WASHINGTON— In a victory for President Barack Obama, the Senate passed bipartisan legislation Friday night to strengthen the administration's hand in global trade talks, clearing the way for a highly unpredictable summer showdown in the House. A total of 48 Republicans supported the measure, but only 14 of the Senate's 44 Democrats backed a president of their...

  • BERLIN, May 22- Domestic demand was the main driver of German growth in the first quarter but foreign trade, which has propelled Europe's largest economy for much of the past decade, was a drag, data showed on Friday. That was weaker than in neighboring France, where the economy expanded by 0.6 percent on the quarter, and also disappointed compared with the euro zone...

  • MEXICO CITY, May 21- Mexico said on Thursday it would decide within about 15 days what sanctions to impose on U.S. meat products if the U.S. Congress does not comply with a World Trade Organization ruling on labeling. On Monday, the WTO ruled that U.S. country-of-origin labeling laws discriminated against imported meat from Mexico and Canada.

  • Washington, May 21- President Barack Obama on Thursday moved closer to winning the power to speed trade deals through the U.S. Congress when the Senate advanced legislation important to his Asian trade push. The TPP is part of Obama's so-called pivot to Asia, a strategy to counter China's rising economic and diplomatic clout in Asia. They were joined by 49 of 54...

  • Washington, May 21- President Barack Obama on Thursday moved closer to winning the power to speed trade deals through the U.S. Congress when the Senate advanced legislation important to his Asian trade push. The TPP is part of Obama's so-called pivot to Asia, a strategy to counter China's rising economic and diplomatic clout in Asia. Thirteen of 44 Democrats...

  • Obama sees trade vote as "big step forward" Thursday, 21 May 2015 | 2:40 PM ET

    WASHINGTON— President Barack Obama says his trade agenda took "a big step forward" Thursday when it cleared a key Senate hurdle. The legislation would let Obama negotiate trade deals that Congress can accept or reject, but not change. The president says the trade deal is "going to open up access to markets that too often are closed," even as those other countries are...

  • Obama's fast-track bill passes another key hurdle Thursday, 21 May 2015 | 11:31 AM ET
    Barack Obama

    Legislation key to sealing a trade pact cleared a key hurdle, boosting hopes for a deal that's central to Obama's strategic shift toward Asia.

  • GENEVA, May 21- Japan launched a trade complaint at the World Trade Organization on Thursday to challenge South Korea's import bans and additional testing requirements for Japanese food after the 2011 Fukushima nuclear disaster, the WTO said. Japan says several measures taken by South Korea violate the WTO's sanitary and phyto-sanitary agreement and Seoul...

  • King Abdullah: Jordan adapting to challenges   Thursday, 21 May 2015 | 6:43 AM ET
    King Abdullah: Jordan adapting to challenges

    In a rare one-on-one interview, CNBC's Hadley Gamble talks with King Abdullah of Jordan about the many challenges facing his country, including a large refugee population; exploring alternative energy sources, including electric cars, and why he expects the Baghdad-Amman trade corridor to re-open as early as this summer.

  • BERLIN, May 21- Germany and its European partners remain committed to achieving the political framework for a Europe-U.S. free trade deal by the end of this year, Chancellor Angela Merkel said on Thursday. At a time of disappointing economic growth on both sides of the Atlantic, the planned Transatlantic Trade and Investment Partnership could generate new jobs...

  • But move would be good for rice exporters Thailand, Vietnam. JAKARTA, May 21- Indonesia's president could be forced to backtrack on promises to curb rice imports, with analysts saying the country may ship in as much as 1.6 million tonnes of the staple grain this year due to soaring prices at home and the threat of a strong El Nino. "Sometimes Indonesia's policy isn't...