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  • WASHINGTON— Another first quarter of the year. Another reversal for the U.S. economy. So is a labor dispute that slowed trade at West Coast ports.

  • UPDATE 1-EU lawmakers back arbitration in U.S. trade deal Thursday, 28 May 2015 | 12:08 PM ET

    BRUSSELS, May 28- European lawmakers on Thursday backed including investor arbitration in a trade deal with the United States, one of the biggest obstacles to a transatlantic accord, but a decision that activists called a capitulation to business. A trade agreement between the United States and the European Union would be the world's largest, but Washington...

  • EU lawmakers back arbitration in U.S. trade deal Thursday, 28 May 2015 | 8:52 AM ET

    BRUSSELS, May 28- European lawmakers supported on Thursday including investor arbitration in a free-trade deal with the United States, a breakthrough on one of the biggest obstacles to a transatlantic accord. A trade agreement between the United States and the European Union would be the world's largest, but Washington says any deal must include ways for...

  • The company did not comment on the potential impact from the avian flu outbreak that led to some countries, including Mexico and China, banning U.S. poultry imports. Exports to countries such as Russia, China and Mexico, the biggest buyer of U.S. chicken, accounted for about 10 percent of Sanderson's net sales in the year ended October. Sanderson's net income rose to...

  • LONDON, May 28- Britain sucked in imports in the first three months of 2015, and its large services sector performed weaker than first thought, casting doubt over the strength of its previously robust recovery. The economy grew 0.3 percent in the first quarter, the Office for National Statistics said on Thursday, confirming an initial estimate which the Bank of...

  • MANILA, May 28- Philippine economic growth unexpectedly slowed to a six-year low in the first quarter, but the central bank said it would not ease policy as consumer and public spending were set to pick up. Still, economists doubted Manila's 7-8 percent growth target for the full year could be met without additional interest rate cuts or a sharp increase in fiscal...

  • May 27- A majority of Americans support new trade deals, a Reuters/ Ipsos poll showed on Wednesday, even as President Barack Obama struggles to win support for legislation key to sealing a signature Pacific Rim trade agreement. The House of Representatives is expected to consider a bill to speed trade deals through Congress in June, after it passed the Senate by a...

  • SAO PAULO, May 27- Russia on Wednesday banned the import of meat from 10 Brazilian processing plants starting on June 9, but the world's top beef exporter said the ban will not impact trade. Russia, the second biggest importer of Brazilian beef in 2014 after Hong Kong and a major importer of the country's pork, regularly bans imports from Brazilian meat packers.

  • *Parliament to vote on May 28 and June 10 on EU-U.S. deal. BRUSSELS, May 27- The European Parliament will seek to support a trade deal with the United States in two crucial votes, but the issue of how companies settle disputes will remain the pact's Achilles heel, a senior EU lawmaker said on Wednesday. While an accord will not be ready before 2016, the European...

  • *Canada's trading partners say patience running out. Farmers in the province of Quebec, which produces 40 percent of Canada's dairy products, ran full-page newspaper advertisements on Tuesday warning Trans-Pacific Partnership negotiations threaten incomes and jobs. Canada's partners in the TPP, which would link 12 countries and 40 percent of the world...

  • Sanders: 'Obama is dead wrong' on trade   Tuesday, 26 May 2015 | 9:30 AM ET
    Sanders: 'Obama is dead wrong' on trade

    Sen. Bernie Sanders stands firm against the Trade Promotion Authority, denying President Obama's claim that it is progressive.

  • TOKYO, May 26- China's drive to create a Beijing- led Asian development bank seen as a threat to U.S. and Japanese regional clout is adding to a sense of urgency among Japanese officials keen to get a 12- nation pan-Pacific trade pact off the ground. Japan hopes the Trans-Pacific Partnership will help anchor ally Washington in Asia and create a rule-based regime...

  • BANGKOK, May 26- Thai exports fell less than expected in April, but the fourth straight month of declining shipments shows the country's key growth engine still cannot push the struggling economy ahead. Santitarn Sathirathai, senior economist at Credit Suisse in Singapore, said trade headwinds are "somewhat dissipating" and the April data showed tentative...

  • China cuts import tax on clothes, other goods Monday, 25 May 2015 | 6:07 AM ET

    BEIJING— China announced Monday it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending and economic growth. Beijing is in the midst of a marathon effort to reduce reliance on trade and investment to drive economic growth by nurturing domestic consumption. Tariff cuts due to take effect June 1 will be "...

  • TOKYO— Japan posted a trade deficit in April following a single-month's surplus in March, and economists said shortfalls were likely to persist given the weakness of the yen. But thanks to lower oil and gas prices, the deficit fell more than forecast, nearly 94 percent from April 2014, when the deficit was 825.5 billion yen, the Finance Ministry reported Monday.

  • SHANGHAI, May 25- China will slash import tariffs on consumer goods including skincare products, Western-style clothes and diapers from June, potentially giving a fillip to global brands and bolstering domestic consumption amid faltering economic growth. China retail sales rose 10 percent last month, but eased from March as data showed that China's economy...

  • TOKYO— Japan's trade balance reverted to a deficit in April but narrowed sharply from the previous year as the plunge in oil prices cut fuel import costs. Strong demand for machinery and cars pushed exports to the U.S., Japan's biggest market, up 21 percent from a year earlier to 1.36 trillion yen. Japan's exports to China edged up 2.4 percent, to 1.21 trillion yen, a...

  • Is a Grexit back on the cards?   Sunday, 24 May 2015 | 8:07 PM ET
    Is a Grexit back on the cards?

    Martin Lakos, division director of Wealth Management at Macquarie, explains the market repercussions if Greece defaults on payment due to the International Monetary Fund this month.

  • Japan April exports rise 8.0 pct year/year - MOF Sunday, 24 May 2015 | 7:54 PM ET

    TOKYO, May 25- Japan's exports rose 8.0 percent in April from a year earlier, up for an eighth straight month, Ministry of Finance data showed on Monday, underlining a gradual pickup in external demand. The trade balance came to a deficit of 53.4 billion yen, versus the median estimate for a 318.9 billion yen deficit. To view full tables, go to the website of the Ministry...

  • Weaker oil behind Japan's falling imports: UOB   Sunday, 24 May 2015 | 7:51 PM ET
    Weaker oil behind Japan's falling imports: UOB

    Alvin Liew, senior economist at UOB, attributes the wider-than-expected decline in Japan's April import volumes to the plunge in oil prices from a year ago period.