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  • OTTAWA, July 7- Canada's trade deficit widened in May to its second-largest on record as exports fell for the fifth month in a row in another gloomy sign for the economy, data from Statistics Canada showed on Tuesday. Canada posted a trade deficit of C $3.34 billion, the eighth consecutive month of deficits and exceeding the C $2.50 billion deficit economists had...

  • Cranes load and unload shipping containers from the Evergreen Ever Smile and Ever Learned ships at the Port of Los Angeles.

    The U.S. trade deficit widened in May, fueled by a drop in exports that could heighten concerns over weak overseas demand and a strong U.S. dollar.

  • The increase in the trade gap to $41.9 billion, announced on Tuesday by the Commerce Department, was less than analysts had expected. That suggests Wall Street economists, who expected a $42.6 billion deficit, might raise slightly their forecasts for economic growth in the second quarter. Also since then, Europe's economy has been on shaky ground and the...

  • WASHINGTON— The Commerce Department reports on the trade gap for May at 8:30 a.m. Eastern Tuesday. WIDER DEFICIT: Economists think the deficit widened by just under $2 billion, to $42.8 billion in May, according to a survey of economists by data firm FactSet. President Barack Obama won a hard-fought trade victory last month when Congress finally passed the...

  • Investors look at computer screens showing stock information at a brokerage house in Shanghai.

    The number of Chinese-listed companies seeking to halt trading in their shares has surged since the country's bourses began to plunge last month.

  • US official: China, US working to end ivory trade Friday, 3 Jul 2015 | 6:15 AM ET

    BEIJING— The United States and China want to increase cooperation in fighting wildlife trafficking and are working to end commercial ivory trading, a U.S. Interior Secretary Sally Jewell met in Beijing with Vice Premier Wang Yang and Forestry Administration head Zhao Shucong. Her agency also explored possibilities to help increase the number of Chinese...

  • NEW DELHI, July 2- India's oil imports from Iran fell by about 23 percent over January-June as refiners curtailed shipments in the early months of the year to keep volumes within the limits allowed under an interim nuclear deal in place since the end of 2013.. India shipped in 216,500 barrels per day of oil from Iran in the first six months of 2015 compared with...

  • LAUNCESTON, Australia, July 2- One of the little mysteries this year in Asian oil markets has been the drop in China's diesel exports. Customs data show that China exported 1.303 million tonnes of diesel in the first five months of the year, a drop of 24 percent over the same period in 2014.. It would seem logical that they would have done so as diesel margins have held...

  • WASHINGTON/ HAVANA, July 1- An historic agreement to restore diplomatic ties between Washington and Havana could provide fresh momentum for lawmakers and activists seeking to chip away at- and eventually upend- the 53- year-old U.S. trade embargo. "This is more than symbolism," said Geoff Thale, program director at the Washington Office on Latin America, a group...

  • HOUSTON, July 1- Union Pacific Corp will impose a $1,200 per-car surcharge on oil shippers that move crude in older railcars, the company told customers this week, becoming at least the second U.S. railroad to charge extra amid widespread safety concerns. Union Pacific said it changed its tariff in response to stronger U.S. rules for handling flammable liquids...

  • Brazil posts June trade surplus of $4.5 bln Wednesday, 1 Jul 2015 | 2:10 PM ET

    BRASILIA, July 1- Brazil had a trade surplus of $4.527 billion in June, government data showed on Wednesday, above market estimates for a surplus of $4 billion. The country posted a trade surplus of $2.76 billion in May. After running a deficit at the start of 2015, Brazil's trade balance has turned positive with a surplus of $2.222 billion in the first six months of...

  • Trade Representative Michael Froman said he hopes to wrap up a trade deal with 11 other Pacific Rim nations soon and send it to the U.S. Congress for approval before the end of the year. Lawmakers last week granted the White House authority to close the Trans-Pacific Partnership and other trade deals and speed them through Congress, opening the door to a phase of...

  • Trade Representative Michael Froman said he hopes to wrap up a trade deal with 11 other Pacific Rim nations soon and send it to the U.S. Congress for approval before the end of the year.

  • TRADE REPRESENTATIVE SAYS LIKELIHOOD IS PRETTY HIGH THAT CONGRESS WOULD PASS PACIFIC TRADE PACT.

  • *Exports to U.S., China up, those to EU fall. SEOUL, July 1- South Korean exports declined for a sixth straight month in June, keeping policymakers under pressure as they sought to inject billions of dollars of fresh stimulus into an economy reeling from a one-two punch of weak domestic and global demand. "We'll keep seeing falls in exports throughout the third quarter...

  • Korea PMI shrinks at fastest pace in almost 3 years Tuesday, 30 Jun 2015 | 10:19 PM ET
    A gantry crane moves a container at the Port of Gwangyang in Gwangyang, South Korea.

    South Korea's manufacturing activity shrank in June for a fourth consecutive month and by the fastest pace in nearly three years.

  • Costa Rica posts GDP growth of 2.7 pct in 1st quarter Tuesday, 30 Jun 2015 | 10:01 PM ET

    SAN JOSE, June 30- Costa Rica's economy grew 2.7 percent year-on-year in the first quarter, the lowest rate since the 2009 global financial crisis, the country's central bank said on Tuesday. Gross domestic product growth was driven by private consumption and public spending, but it continues to be affected by slower business investment and a fall in exports,...

  • *Exports to U.S., China up, those to EU fall. Exports from Asia's fourth-largest economy fell 1.8 percent in June from a year earlier to $47.0 billion, while imports slumped 13.6 percent to $36.7 billion, the Ministry of Trade, Industry and Energy said, producing a record trade surplus of $10.2 billion. "We'll keep seeing falls in exports throughout the third quarter...

  • SEOUL, July 1- South Korean exports fell for a sixth consecutive month in June, setting up a testing period for policymakers as they scramble to inject fresh stimulus into an economy reeling from a one-two punch of weak consumer spending and slack global demand. Exports from Asia's fourth-largest economy fell 1.8 percent in June from a year earlier to $47.0...

  • TABLE-South Korea June exports fall 1.8 pct yr/yr Tuesday, 30 Jun 2015 | 8:00 PM ET

    SEOUL, July 1- Following are South Korea's preliminary export and import figures for June, released by the Ministry of Trade, Industry and Energy on Wednesday:. JUNE* MAY Balance 10.2 6.3 Exports 47.0 42.4 -1.8 -10.9 Imports 36.7 36.1 -13.6 -15.4* Revised figures released on June 15. NOTES:- Reuters poll: Exports were seen down 1.0 percent in June over a year earlier...