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TOKYO— Japan logged a 948.5 billion yen trade deficit in August, the 26th straight month of red ink, as slack demand from China and the U.S. stymied exports, the Finance Ministry said Thursday. Japan posted a 971.4 billion yen deficit in August 2013.
TOKYO, Sept 18- Japan's exports fell 1.3 percent in August from a year earlier, government data showed on Thursday, in a worrying sign that external demand is weakening. The trade balance came to a deficit of 948.5 billion yen, versus the median estimate of a 1.03 trillion yen deficit.
The United States said it will press India's new prime minister to end his blockage of a global trade pact when he visits Washington this month.
Ahead of the release of August trade data, Steve Brice, Chief Investment Strategist at Standard Chartered, discusses why Japanese manufacturers aren't benefiting from a weaker yen.
WASHINGTON, Sept 17- The United States said on Wednesday it will press India's new prime minister to end his blockage of a global trade pact when he visits Washington this month, something that could dampen the mood of a trip aimed at revitalizing strategic ties.
WASHINGTON— The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings.
WASHINGTON— US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent.
AHMEDABAD, India— Chinese President Xi Jinping landed in the Indian prime minister's home state of Gujarat on Wednesday for a three-day visit expected to focus on India's need to improve worn out infrastructure and reduce its trade deficit.
LAUNCESTON, Australia, Sept 17- Who to believe? In theory, the Chinese ban from the start of 2015 on coal imports above certain ash and sulphur contents appears to favour Indonesia, the world's biggest shipper of thermal coal, over Australia, the world's top exporter of metallurgical coal and number two for thermal coal.
COLOMBO, Sept 16- Chinese President Xi Jinping began a visit to Sri Lanka on Tuesday agreeing to open bilateral negotiations for a free trade pact as Beijing tightened its embrace of the island nation along a vital shipping route.
RUSSIAN CENTRAL BANK SEES CURRENT ACCOUNT SURPLUS AROUND 2 PCT OF GDP IN 2014, FALLING TO 1 PCT IN 2015-2017- DOCUMENT.
*Slowdown in China imports would drag on global soybean prices. *China demand for soyoil, soymeal hurt by tepid economic growth. "The first half of the year was the worst on record for the industry," said a Singapore- based senior official at an international trading company, which owns soybean processing facilities in China.
SHANGHAI, Sept 16- China will ban the import and local sale of coal with high ash and sulphur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners.
BEIJING, Sept 16- Chinese exports may not be able to sustain high growth in the months to come although the country's trade situation is stabilising, trade ministry spokesman Shen Danyang said on Tuesday.
SHANGHAI, Sept 15- China will ban the import and local sale of coal with high ash and sulfur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners.
Sarah Tong, Senior Research Fellow, East Asian Institute at the National University of Singapore, discusses Chinese President Xi's visit to India and explains what it means for bilateral trade.
Market leaders Nucor Corp, Commercial Metals Co and Gerdau Long Steel North America sold rebar cheaply to their in-house operations marketing to contractors for big projects, they said. "Nucor and Gerdau are the price leaders and undersold other U.S. producers and each other," said Jay Campbell, of White& Case, a representative for the Mexican producers.
SHANGHAI, Sept 15- China will ban the import and local sale of coal with high ash and sulphur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners the hardest.
Piracy is exploding in the world’s most heavily trafficked commercial waterway, and organized crime is the force behind it.
A disappointing first year for Shanghai's free-trade zone raises questions about China's commitment to opening up its markets.