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  • WASHINGTON— After several near-death experiences in the Senate, the trade agenda that President Barack Obama is pushing as a second term capstone faces its biggest hurdle yet in the more polarized House. Anti-trade forces have struggled to ignite public outrage over Obama's bid to enact new free-trade agreements, but Democratic opposition in Congress...

  • South Korea, China sign free trade deal Monday, 1 Jun 2015 | 2:03 AM ET

    SEOUL, South Korea— South Korea and China signed a free trade deal Monday that will remove tariffs on more than 90 percent of goods over two decades. The agreement will give South Korea's small- and medium-sized companies wider access to the Chinese market while boosting China's investment in South Korea, the ministry said. It was the first time for China to...

  • June 1- China's manufacturing sector showed scant signs of picking up in May as demand stayed stubbornly weak, while exports in South Korea suffered their biggest annual drop since the global financial crisis, grim readings which prompted calls for bolder stimulus measures. The focus now shifts to the United States and parts of Europe, where hopes are pinned on...

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, June 1- Another anemic reading on China's factory sector will no doubt spark increased expectations of monetary and fiscal stimulus, along with hopes for improved commodity demand and prices. But the problem with this scenario is that there is little correlation between China's Purchasing...

  • *Top three markets cut purchases from South Korea. SEOUL, June 1- South Korean exports in May suffered their worst annual fall in nearly six years partly hurt by a persistent slowdown in China, its biggest export market, heightening pressure on policy makers to cut interest rates again. "As external weakness filters through the domestic economy, downside risks to...

  • SEOUL, June 1- South Korean exports in May suffered their worst annual fall in nearly six years on a combination of slowing growth in China, weaker oil prices and fewer working days, backing market expectations for a further interest rate cut soon. "There are several one-off factors but the weak export figures and the persisting weakness in other recent...

  • SEOUL, June 1- Following are South Korea's preliminary export and import figures for May, released by the Ministry of Trade, Industry and Energy on Monday:. MAY* APR Balance 6.3 8.5 Exports 42.4 46.2 -10.9 -8.0 Imports 36.1 37.7 -15.3 -17.8* Revised figures released on May 15. NOTES:- Reuters poll: Exports were seen down 9.0 percent in May over a year earlier while...

  • China import tax cuts no remedy for retail slowdown Sunday, 31 May 2015 | 7:30 PM ET

    SHANGHAI, June 1- China's economic policymakers clearly didn't consult mother-of-one Chen Xuejun when they decided to try stimulating consumer demand by slashing import tariffs on sneakers to skincare. Private consumption now accounts for over half of China's GDP growth, but lags far behind levels in markets like the United States. High Street prices of...

  • WASHINGTON— After several near death experiences in the Senate, the trade agenda that President Barack Obama is pushing as a second term capstone faces its biggest hurdle yet in the more polarized House. Anti-trade forces have struggled to ignite public outrage over Obama's bid to enact new free-trade agreements, but Democratic opposition in Congress...

  • BERLIN, May 29- Chancellor Angela Merkel tried to drum up support in Germany for the Transatlantic Trade and Investment Partnership ahead of the G7 summit she is hosting in June, saying in an interview on Saturday she hopes it will be finalized by 2017.. "It's important for me that the transatlantic free trade keeps pace with the Pacific region," Merkel said,...

  • BURABAI, Kazakhstan, May 29- The Eurasian Economic Union signed a free trade agreement with Vietnam on Friday, the first such deal struck by the Moscow- led body with a third party as it seeks to boost its presence on Asian markets. The EEU, which includes Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan, was launched in January to promote trade and economic...

  • Fuel and potential fires for the US economy ahead Friday, 29 May 2015 | 12:02 AM ET

    WASHINGTON— The U.S. economy shrank at the start of the year, but the road ahead looks brighter. Just how much brighter is what's up for debate. Steady hiring and low gas prices should help power solid growth through the rest of 2015. The harsh winter and a labor dispute that slowed trade at West Coast ports are both over.

  • WASHINGTON, May 28- The U.S. Congress could lift the 40- year-old ban on domestic crude oil exports within a year as a drop in gasoline prices and the potential return of Iranian oil to global markets makes it an easier measure for politicians to support, Bank of America Merrill Lynch analysts said on Thursday. The analysts found "a surprising amount of support to...

  • States backing Asia trade deal would be big winners Thursday, 28 May 2015 | 1:12 PM ET
    The Hanjin Chongqing container ship departs the Port of Los Angeles in San Pedro, California.

    Much of the support for expanding Asian trade is coming for states with the most to gain, according to a CNBC analysis.

  • 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...