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  • Open up to our beer, EU to tell Japan in trade talks Wednesday, 19 Nov 2014 | 6:14 AM ET

    *EU, Japan seeking broad trade deal by end of 2015. BRUSSELS, Nov 19- Japan needs to open up its beer market to European exports if Tokyo and Brussels are to agree one of the world's biggest free trade deals next year, according to an EU document prepared for the next round of talks in December. Japan and the European Union are seeking to strike a deal at the end of 2015 but...

  • MOSCOW, Nov 19- Russian meat firm Cherkizovo posted an eight-fold increase in third-quarter earnings, but said it expected a more challenging end to the year, with a weaker rouble driving costs higher and inflation squeezing consumption. Cherkizovo has been one of the few winners so far in Russia's economic downturn after a ban on Western food imports in...

  • What China-Australia FTA means for New Zealand     Tuesday, 18 Nov 2014 | 9:32 PM ET

    Paul Bloxham, Chief Economist, Australia & New Zealand at HSBC, says Australia's new trade deal will compete with New Zealand's dairy and agricultural exports to China.

  • SINGAPORE, Nov 19- U.S. crude fell towards $74 a barrel in early Asian trade on Wednesday, headed for a third straight drop, after data showed top OPEC producer Saudi Arabia increased crude exports in September despite signs of an oversupplied market. *OPEC heavyweight Saudi Arabia's crude oil exports edged up in September by around 59,000 barrels per day while...

  • Australian exports to China still face hurdles Tuesday, 18 Nov 2014 | 6:14 PM ET

    A trade deal signed with great fanfare between China and Australia may not provide Australia with the economic boost that many anticipate.

  • *Hurdles to boosting Australian farm exports to China. SYDNEY, Nov 18- A trade deal signed with great fanfare between China and Australia has been touted as a major step towards Australia shifting its economy from a "mining boom" to a "dining boom," but the reality is likely to be more sobering. China is already Australia's top trading partner, with two-way trade of...

  • CANBERRA, Nov 18- Australia and India will push for a free trade pact, Australian Prime Minister Tony Abbott and Indian Prime Minister Narendra Modi said on Tuesday during a rare state visit to Canberra by an Indian leader. Australia on Monday finalized a landmark free trade deal with China more than ten years in the making, significantly expanding ties between...

  • BUENOS AIRES, Nov 17- Argentina, which faces an acute hard currency shortage, sought to toughen international trade controls on Monday by creating a new agency to keep track of imports and exports and said it would keep tightening currency restrictions. President Cristina Fernandez began restricting access to dollars through legal channels in 2011, forcing...

  • CANBERRA, Nov 17- Australia sealed a landmark free trade agreement with its top trade partner China on Monday, concluding a decade of negotiations. Once the framework of the deal signed by Australian Prime Minister Tony Abbott and Chinese President Xi Jinping in Canberra is fully implemented, 95 percent of Australia's exports to China will be tariff free.

  • CANBERRA, Nov 17- China and Australia on Monday sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world's second largest economy and one of Washington's closest allies in Asia. The deal, which Australia called the best ever between Beijing and a Western country, will open up Chinese markets to...

  • China and Australia sign free-trade deal Monday, 17 Nov 2014 | 2:57 AM ET

    CANBERRA, Australia— China and Australia signed a preliminary free-trade deal on Monday that would give Australia's service industry unsurpassed access to the Chinese market and Australian agriculture advantages over competitors from the United States, Canada and the European Union, officials said. Xi earlier told Australia's Parliament that China was...

  • CANBERRA, Nov 17- Australian Prime Minister Tony Abbott said the free trade deal agreed with China on Monday was the most comprehensive that China had concluded with any country.

  • India's Oct Iran oil imports rise 60 pct y/y -trade Monday, 17 Nov 2014 | 2:09 AM ET

    NEW DELHI, Nov 17- India bought 60 percent more Iranian oil in October than a year ago as refiners held to higher volumes despite signs that world powers and Iran might not reach a final agreement on Tehran's disputed nuclear programme before a Nov. 24 deadline. Six world powers- Britain, China, France, Germany, Russia and the United States- are negotiating with Iran to...

  • CANBERRA, Nov 17- China and Australia on Monday signed a declaration of intent on a landmark free trade deal more than a decade in the making, opening up markets worth billions to Australia and loosening restrictions on Chinese investment. China is already Australia's top trading partner, with two-way trade of around A $150 billion in 2013..

  • SYDNEY, Nov 17- Australia and China on Monday agreed on a wide-ranging trade deal that would eliminate many tariffs on Australian exports while easing investment restrictions for Chinese investors. The deal struck by Australian Prime Minister Tony Abbott and Chinese President Xi Jinping includes provisions to scrap Chinese tariffs on Australian...

  • *Army seized power on May 22 in bid to end unrest, lift growth. BANGKOK, Nov 17- Thailand's economy grew much less than expected in the July-September quarter as exports and tourism contracted, forcing the authorities to again cut the country's growth forecast for 2014.. Southeast Asia's second-largest economy grew 1.1 percent in the third quarter from the prior...

  • Australia, China to sign landmark free trade deal Sunday, 16 Nov 2014 | 11:22 PM ET
    Australian Prime Minister Tony Abbott.

    China and Australia will on Monday sign a landmark free trade deal more than a decade in the making, Australian Prime Minister Tony Abbott said.

  • *Army seized power on May 22 in bid to end unrest, lift growth. BANGKOK, Nov 17- Thailand's economy grew much less than expected in the July-September quarter as exports contracted, forcing the authorities to again cut the country's growth forecast for the year. The army seized power on May 22 in a bid to end the crisis and kick-start the sputtering economy, but...

  • BANGKOK, Nov 17- Thailand's planning agency on Monday trimmed its economic growth forecast for this year to 1.0 percent from 1.5-2.0 percent seen in August, citing weak exports. The National Economic and Social Development Board, which compiles gross domestic product data, also cut its 2014 export growth projection to zero from 2.0 percent seen earlier.

  • CANBERRA, Nov 17- China and Australia will on Monday sign a landmark free trade deal more than a decade in the making, Australian Prime Minister Tony Abbott said, opening up markets worth billions to Australia and loosening restrictions on Chinese investment. The deal, which Chinese President Xi Jinping is due to sign on a state visit to Canberra, will open up...