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  • Shorten: China-Australia trade pact is positive   Tuesday, 31 Mar 2015 | 11:39 PM ET
    Shorten: China-Australia trade pact is positive

    Bill Shorten, opposition leader in Australia, says the free trade deal presents opportunities in sectors like services. He also discusses Australia's participation in the Asian Infrastructure Investment Bank.

  • Trade matters: TPP vs China-led RCEP   Tuesday, 31 Mar 2015 | 11:21 PM ET
    Trade matters: TPP vs China-led RCEP

    Catherine Novelli, U.S. Under Secretary of State for Economic Growth, Energy and the Environment, examines the China-led Regional Comprehensive Economic Partnership (RCEP).

  • US official: We support AIIB's goal   Tuesday, 31 Mar 2015 | 11:16 PM ET
    US official: We support AIIB's goal

    Catherine Novelli, U.S. Under Secretary of State for Economic Growth, Energy and the Environment, says the U.S. supports the Asian Infrastructure Investment Bank's goal in infrastructure development.

  • SEOUL, April 1- South Korean exports fell the most in two years in March and inflation hit its lowest since 1999, weakening economic momentum and putting the central bank under pressure to cut interest rates again. "South Korea's economy needs both consumption and exports to escape this rut, and exports are more important out of the two," said Im No-jung, chief...

  • SEOUL, April 1- Following are South Korea's preliminary export and import figures for March, released by the Ministry of Trade, Industry and Energy on Wednesday:. MARCH* FEB Balance 8.4 7.7 Exports 47.0 41.5 -4.2 -3.3 Imports 38.6 33.8 -15.3 -19.7* Revised figures released on March 16. The trade surplus last month was the biggest on record.- The average export value...

  • ATHENS, Greece— Greece's new government disagrees with sanctions against Russia, and wants to boost trade ties with the country, Prime Minister Alexis Tsipras said before a visit to Moscow next week. The U.S. and the EU imposed crippling economic sanctions against Russia over its annexation of Ukraine's Crimean Peninsula and support for an insurgency in...

  • *Oil imports from Iran at 220,000 bpd in year to March 31. *U.S. pressured India not to raise annual Iran oil imports. NEW DELHI, March 31- India halted oil imports from Iran for the first time in at least a decade in March as New Delhi responded to U.S. pressure to keep its shipments from Tehran within sanction limits during the last month of negotiations on a preliminary...

  • Trade Representative Wendy Cutler said on Monday that "significant gaps" in the trade negotiations remain between the United States and Japan regarding access for U.S. automobiles in the Japanese market. There is an array of non-tariff barriers in Japan that have effectively closed the Japanese auto market to U.S. producers, "Cutler said in prepared remarks on...

  • *Kikkoman soars on report of impending record operating profit. TOKYO, March 30- Japan's Nikkei share average rose in choppy trade on Monday, recovering from extended lows, while airline shares gained after oil prices extended their losses. What's not priced in the market now is hopes for higher EPS for the next fiscal year, "said Hiroyuki Nakai, chief strategist at...

  • UPDATE 1-Russian rouble loses ground in early trade Friday, 27 Mar 2015 | 3:57 AM ET

    MOSCOW, March 27- The rouble slipped in early trade on Friday, falling back after strong gains earlier in the week as traders repositioned before the weekend, though it could benefit later in the session from currency sales for tax payments. At 0747 GMT, the rouble was around 1 percent weaker against the dollar at 57.88 and lost 0.6 percent to trade at 62.70 versus...

  • LITTLE ROCK, Ark.— An Arkansas lawmaker said Wednesday that the state should ban California wine as retribution for the West Coast state's law requiring egg-laying hens to be able to stand up, turn around and fully extend their wings. The House voted 57-19 to advance to the Senate a bill that outlaws wine imports from any state that imposes a "substantial burden" on...

  • Froman said although there was no firm deadline to conclude the 12- nation Trans-Pacific Partnership, "we do feel that we can close this out in a very small number of months." Some countries are demanding Congress approve legislation to streamline the passage of trade deals before closing the TPP, sources close to the negotiations told Reuters.

  • U.S. business groups have already complained about the new rules, which China announced in December, and senior officials including Secretary of State John Kerry have written to their Chinese counterparts about them. Japan and the European Union have echoed U.S. concerns about the regulations, which China says aim to promote cybersecurity.

  • GENEVA, March 26- The United States is concerned about China's restrictions on the use of foreign information technology equipment by the banking sector, the United States said in a filing published by the World Trade Organization on Thursday. U.S. business groups have already complained about the regulations, and senior officials, including Secretary of...

  • WASHINGTON, March 25- Australia's medicine subsidies, Canadian films and culture, and capital controls in Chile would be carved out from investment protection rules being negotiated in a Pacific trade pact, according to a draft text released by Wikileaks on Wednesday. But Center for Strategic and International Studies senior adviser Scott Miller said most...

  • *Plant in western India to double local production. SANAND, India, March 26- Ford Motor Co plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad. Ford, like foreign rivals General Motors and Volkswagen, has struggled...

  • *Shipments to China -15 pct y/y, to U.S +5.1 pct. BANGKOK, March 26- Thai exports fell more than expected in February, showing that a key growth engine for the country is still sputtering, but imports surprisingly rose for the first time in five months. With disappointing exports in early 2015, "the outlook is not so good," said Sarun Sunansathaporn, economist with Tisco...

  • China a big buyer of Yemen oil as export risks rise Thursday, 26 Mar 2015 | 12:31 AM ET

    SINGAPORE, March 26- Oil prices have surged on growing conflict in Yemen, though trade sources said there was ample crude supply in global markets to replace any drop in exports to buyers such as China as long as the conflict did not cause broader disruption. There is concern the crisis could escalate, exacerbating wider sectarian conflict in the Middle East,...

  • WASHINGTON, March 25- Australia's medicine subsidies, Canadian films and culture plus capital controls in Chile would be carved out from investment protection rules being negotiated in a Pacific trade pact, according to a draft text released by Wikileaks on Wednesday. Countries including Canada, New Zealand and Australia want a free pass for foreign...

  • Australia trade minister: Less optimistic on TPP   Wednesday, 25 Mar 2015 | 8:30 PM ET

    Andrew Robb, Minister for Trade & Investment of Australia, expresses uncertainty over the Trans-Pacific Partnership trade deal as it faces stiff opposition in the U.S. Congress.