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  • TOKYO— Japan's trade deficit ballooned to a record 12.8 trillion yen last year as a weakening yen pushed the cost of imports higher despite a moderate recovery in exports. Preliminary data from the Finance Ministry released Monday showed Japan's exports rose 4.8 percent to 73.1 trillion yen in 2014 while imports climbed 5.7 percent to 85.9 trillion yen.

  • TOKYO, Jan 26- Japan's exports grew the most in a year in December, helped by a weak yen and a pick-up in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption. The 12.9 percent year-on-year rise in exports marked a fourth straight month of growth, supported by...

  • TOKYO, Jan 26- Japan's exports grew the most in a year in December, helped by a weak yen and pickup in overseas demand led by the United States, an encouraging sign for the recession-hit economy even as doubts persist about the strength of global consumption. The 12.9 percent year-on-year rise in exports marked a fourth straight month of growth, supported by...

  • Japan Dec exports rise 12.9 pct year/year - MOF Sunday, 25 Jan 2015 | 6:54 PM ET

    TOKYO, Jan 26- Japanese exports rose 12.9 percent in December from a year earlier, Ministry of Finance data showed on Monday, up for a fourth straight month in a sign of a steady recovery in shipments helped by a weak yen and a pick-up in overseas demand. The reading compared with an 11.0 percent increase expected by economists in a Reuters poll, following a 4.9...

  • 'Japan is in a good place': Expert  Sunday, 25 Jan 2015 | 6:00 PM ET

    With a weak yen boosting exports, along with cheaper oil that is equivalent to a tax cut for Japan, the country is in a good place this year, says Mark Hibbs, Partner & CIO at Adamas Asset Management.

  • Euro, dollar to hit parity by 2016: Economist Friday, 23 Jan 2015 | 4:36 PM ET

    Forces will push the euro to parity with the dollar as the euro zone looks to break through a period of sluggish growth, an analyst said.

  • *CPI data due 2330 GMT Jan 29, factory output, 2350 GMT. TOKYO, Jan 23- Japan's consumer inflation likely slowed for a fifth straight month in December due largely to falling oil prices, a Reuters poll showed, keeping the Bank of Japan under pressure to meet its ambitious 2 percent inflation target. "December data next week will be examined for evidence to see if the...

  • The European Central Bank said on Thursday it would buy 60 billion euros of bonds a month starting in March, boosting Russian assets. Russia's key interest rate is at 17 percent, more than 10 percent higher than in most Western countries. The rouble was also supported on Friday by higher prices for oil, Russia's chief export.

  • Estimating QE's impact in Europe  Thursday, 22 Jan 2015 | 7:10 PM ET

    Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, discusses the effectiveness of quantitative easing in Europe and what the massive stimulus package means for Asia.

  • WASHINGTON, Jan 22- U.S. lawmakers are preparing a new push to stop trading partners unfairly manipulating their currencies to gain an export advantage, a senior Democrat said on Thursday. Michigan Senator Debbie Stabenow said she was working with colleagues from both parties on a possible standalone bill to stop currency cheats and also aimed to ensure an...

  • MEXICO CITY, Jan 22- A deal on a 12- nation Asia-Pacific trade pact could be concluded in mid-March, Mexico's economy minister, Ildefonso Guajardo, said on Thursday. The pact, known as the Trans-Pacific Partnership, has faced stumbling blocks, in significant part because of wrangling between its two biggest economies, the United States and Japan, over...

  • MEXICO CITY, Jan 22- A deal on a 12- nation Asia-Pacific trade pact could be concluded in mid-March, Mexican Economy Minister Ildefonso Guajardo said on Thursday. "It's feasible," Guajardo told Reuters after holding talks in Mexico earlier this week with U.S. The pact, known as the Trans-Pacific Partnership, has faced stumbling blocks, in significant part because...

  • Russian retailer O'Key hit hard by downturn, food ban Thursday, 22 Jan 2015 | 9:21 AM ET

    MOSCOW, Jan 22- Russian food retailer O'Key said on Thursday its fourth quarter like-for-like sales fell 5 percent because of a sharp drop in customer traffic. Russia banned some food imports from the West in August for one year in retaliation to Western sanctions over Moscow's role in the Ukraine crisis. Unlike Magnit and X5, which operate large discount chains,...

  • As a group of World Trade Organization members prepares to meet in the Swiss resort of Davos to discuss the 2015 agenda, Froman called for "soul-searching" about the next steps for the 20- year-old institution, which late last year clinched the first global deal in its history. In an opinion piece to be published on Reuters, Froman said success in cutting customs...

  • BEIJING, Jan 22- China is closely monitoring its cross-border capital flows, the foreign exchange regulator said on Thursday, amid signs that money is leaving the world's second-largest economy as it slows. But China is able to manage risks from capital outflows as the country still posts a solid trade surplus, the State Administration of Foreign Exchange said.

  • WASHINGTON, Jan 21- The United States is set to slap more duties on imports of tires from China after the Department of Commerce determined they were sold too cheaply in the United States. The duties will affect goods from Shandong Yongsheng Rubber Group Co., Cooper Kunshan Tire Co, a subsidiary of Cooper Tire& Rubber Co, and Giti Tire Co, a subsidiary of Giti Tire,...

  • TORONTO, Jan 21- A surprise move by the Bank of Canada to cut interest rates on Wednesday could reignite Canada's housing market and renew fears of a bubble, just as the market had finally begun to cool after a five-year run to record prices. makes up about 11 percent of Canada's GDP and about one quarter of Canadian exports in 2013.. Canada's housing market paused in...

  • New Democrats in U.S. Congress join trade opponents Wednesday, 21 Jan 2015 | 4:54 PM ET

    WASHINGTON, Jan 21- More than half the new Democratic lawmakers in the U.S. Congress have signed a letter opposing the White House's request for authority to fast-track trade deals and an ambitious Pacific trade pact. Nine of the 16 new Democrats in the House of Representatives wrote to President Barack Obama on Wednesday to express "serious concerns" about...

  • Cuomo backs state exports overseas, plans trade missions Wednesday, 21 Jan 2015 | 3:03 PM ET

    Andrew Cuomo plans to launch a $35 million program to help New York companies export to established and emerging international markets while planning to lead trade missions in the coming year to Cuba, Mexico, Canada, Italy, China and Israel. His budget proposal Wednesday would put $25 million in a lending program for small businesses intended to leverage $50...

  • Venezuela is down to its last banker: China Wednesday, 21 Jan 2015 | 1:58 PM ET
    Venezuelan President Nicolas Maduro (R) gestures after decorating China's President Xi Jinping (L) with a Venezuelan sash during an official visit in Miraflores Presidential Palace, Caracas on July 20, 2014.

    Venezuela may be down to its last lifeline as oil prices continue to plummet, and the country needs financial backing more than ever.