BERLIN, July 26- Germany is to reject a multi-billion free trade deal between the European Union and Canada which is widely seen as a template for a bigger agreement with the United States, a leading German paper reported on Saturday.» Read More
JAKARTA, July 25- Freeport-McMoRan Inc clinched a deal with the Indonesian government on Friday allowing the miner to resume copper concentrate exports from the country, effectively ending a six-month tax dispute and paving the way for more miners to follow suit.
Trade Representative Michael Froman said on Friday backsliding on a World Trade Organization deal struck in Bali last December threatened a serious blow to the credibility of the global trading system.
MOSCOW— Russia has announced a ban on all dairy imports from Ukraine starting next week, a move Kiev has dismissed as politically motivated. Russia is a key market for Ukrainian dairy products. Russia lambasted Ukraine's decision to sign a treaty with the EU in June.
JAKARTA, July 25- Freeport-McMoRan Inc and the Indonesian government on Friday reached a deal over a contract dispute that should pave the way for a resumption of the U.S. company's copper exports after a six-month halt.
GENEVA, July 24- India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically.
GENEVA, July 24- The latest U.S. sanctions against Russia violate World Trade Organization rules and may force Moscow into a destabilizing trade dispute, Russia's ambassador told the Geneva- based trade body on Thursday.
GENEVA, July 24- The latest U.S. sanctions against Russia are a violation of World Trade Organization rules that may force Moscow into a destabilising trade dispute, Russia's ambassador told the Geneva- based trade body on Thursday.
SANCTIONS ANNOUNCED ON JULY 16 ARE VIOLATION OF WTO RULES.
RUSSIAN WTO ENVOY SAYS U.S.
RUSSIAN WTO ENVOY SAYS IT LOOKS LIKE SANCTIONS ARE FORCING RUSSIA TO LAUNCH TRADE DISPUTE.
*Freeport set to strike deal. JAKARTA, July 24- Indonesia has offered mining companies a tax concession to end a six-month dispute that has reduced mineral exports by half a billion dollars a month, pushed up the global price of some metals and led to thousands of layoffs.
JAKARTA, July 24- Indonesia will cut the tax levied on mineral concentrate exports to less than 10 percent from 20-25 percent for miners that pay a bond as a guarantee they will build a smelter later, a government official said on Thursday.
*China food regulator visits 581 food-related businesses. Shanghai police detained five people on Wednesday, including the head and the quality chief of Shanghai Husi Food, a supplier to foreign fast-food brands including KFC, McDonald's Corp and coffee chain Starbucks Corp over allegations it supplied out-of-date meat.
JAKARTA, July 24- Indonesia will soon allow U.S. miner Freeport-McMoRan Copper& Gold Inc to resume copper exports, with both sides close to ending a six-month dispute over new mining rules, a senior official said on Thursday. Indonesia introduced a mineral ore export ban and a steep export tax on concentrates in January.
China factory activity at 18- month high as mini-stimulus for No. 2 economy takes effect Facebook on a roll as 2nd- quarter earnings, revenue surpass expectations Standard& Poor's 500 index ekes out all-time high after Apple and Boeing report earnings Still-slow rebound belies a sturdier economy with less consumer debt and more educated workers IMF sees US growth this year at weakest pace since recession after sharp 1 Q contraction New Zealand raises benchmark interest rate to 3.5 percent but signals pause in future hikes Atlantic City mayor says 6 potential buyers for Revel casino; Atlantic Club may be re-sold In a divided vote, SEC supports an end to $1 a share price for some riskier money-market funds Japan trade deficit at record $74.9 billion in first half as import growth outpaces exports South Korea unveils stimulus plans as shock of ferry sinking slows growth
JAKARTA, July 24- Indonesia's top two copper miners signalled they are nearing a breakthrough to allow a restart of concentrate exports, which have been halted for more than six months due to a dispute with the Southeast Asian country over new mining rules.
TOKYO— Japan's trade deficit surged to a record 7.6 trillion yen in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
*Japan logs record two full years of trade deficits. TOKYO, July 24- Japan's exports unexpectedly fell in June for a second straight month in a worrying signal that weak external demand could continue to drag on the economy's recovery from a sales tax rise.
Japan's monthly streak of trade deficits hit a two-year mark in June, as exports continued to stay weak while imports remained high.
TOKYO, July 24- Japan's exports unexpectedly fell 2.0 percent in June from a year earlier, down for the second straight month, Ministry of Finance data showed on Thursday, a worrying signal that weak external demand could continue to drag on the economy's recovery. The fall compared with a 1.0 percent increase expected by economists in a Reuters poll.