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  • Iraq's oil exports rising in October despite unrest Friday, 24 Oct 2014 | 6:43 AM ET

    LONDON, Oct 24- Iraq's oil exports from its southern terminals are holding close to a record high in October and Kurdish shipments are climbing, a further sign that fighting has not derailed an expansion of supplies from OPEC's second-largest producer. Four months after an advance by Islamic State into northern Iraq sent oil prices soaring to $115 a barrel, the...

  • SEOUL, Oct 24- South Korea's economic growth quickened in the third quarter as government and consumer spending rebounded, but exports were knocked by cooling global growth, a sign that more monetary easing may be required to sustain a fragile recovery. Underscoring the tenuous economic momentum, the Bank of Korea said a large part of the consumption uptick was...

  • NEW YORK, Oct 23- A highly anticipated study by the U.S. Energy Information Administration will show that domestic oil prices will not rise if the U.S. ban on oil exports is lifted, the agency's top administrator said Thursday. Sieminski, a former chief energy economist for Deutsche Bank, made the comments while taking questions about the issue during an energy...

  • SEOUL, Oct 24- South Korea's economic growth quickened in the third quarter led by private consumption and construction spending, but quarterly exports declined for the first time in a year in a sign of cooling global growth that should keep the door open for more monetary easing. The economy grew a seasonally adjusted 0.9 percent in the July-September quarter...

  • Lawmakers extend Ukraine's access to EU markets Thursday, 23 Oct 2014 | 12:53 PM ET

    STRASBOURG, France, Oct 23- EU lawmakers on Thursday took the latest step in efforts to bring Kiev closer to Europe, extending Ukrainian exporters' open access to the European Union until a trade deal takes effect at the end of next year. An EU-Ukraine trade deal signed in June is at the centre of tensions between Russia and Europe because Moscow is also seeking...

  • COLUMN-History of controls on U.S. oil exports: Kemp Thursday, 23 Oct 2014 | 7:21 AM ET

    LONDON, Oct 23- On Oct. 20, 1973, King Faisal of Saudi Arabia imposed a total embargo on oil shipments to the United States among other countries in response to their support for Israel during the Arab-Israeli war. Following the U.S. mid-term elections next month, Congress will take up the issue again, a debate that would benefit from an understanding of the history...

  • WASHINGTON, Oct 22- U.S. business and agriculture groups have urged Pacific trading partners not to exclude tobacco from investment protection rules in a new free trade deal under negotiation, warning it would set a bad precedent. The U.S. Chamber of Commerce, American Farm Bureau Federation, National Association of Manufacturers, American Meat Institute and...

  • Japan's exports up in September, deficit persists Wednesday, 22 Oct 2014 | 12:36 AM 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. The September figures took Japan's trade deficit in the first half of the fiscal year to 5.53 trillion yen, up 8.6 percent from a year earlier. Japan's economic recovery has slowed in recent...

  • 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...