*Oil price decline, slowing China also a concern. SEOUL, Feb 1- South Korea's exports in January fell less than expected, but effects from a plunge in oil prices, a sustained slump in Europe and slowdown in China all clouded prospects for a turnaround in global demand. "Europe holds the key for South Korean exports because exports by many countries including China...» Read More
South Korean President Lee Myung-bak sacked three ministers on Monday in his first cabinet reshuffle, trying to restore support for his four-month-old government embattled over an unpopular U.S. beef import deal.
Malaysian exports in May jumped 22 percent from a year earlier to a record high, far exceeding market expectations, thanks to high shipments of crude, palm oil and electronics.
Australia's trade deficit came in much as expected in May, but April's shortfall was revised to show the first surplus since 2002 thanks to huge price increases for the country's iron ore exports.
Australia's central bank held interest rates steady at a decade high on Tuesday, citing growing evidence that past hikes were working to cool demand and curb inflation in the long run.
Militant protesters blocked trucks from leaving warehouses for a second day on Friday as South Korea resumed quarantine checks on U.S. beef imports, moving to bring the product to market for the first time in nine months.
I'm hearing that a very large energy trader--one of largest, actually--took a huge short position yesterday in two oil ETFS--Energy Select Sector SPDR and Oil Service HOLDRs and he's added to those shorts as this market sells off this morning.
South Korea will allow the resumption of U.S. beef imports starting Thursday under new quarantine rules that will exclude meat from cattle older than 30 months old, the president's ruling party said on Wednesday.
The United States and South Korea on Thursday concluded negotiations over a recent deal to reopen the Asian nation's market to U.S. beef exports, signaling they were close to a breakthrough.
Agreement can be reached by the end of this year on Russia's accession to the World Trade Organisation (WTO), but rows over the trade in meat and timber need to be resolved, the European Union's trade chief said.
U.S. and South Korean trade officials pressed ahead with negotiations that Seoul hopes will result in new limits to a recent deal to reopen South Korea's market to U.S. beef exports.
The euro zone unexpectedly swung to a trade surplus in April from a deficit in March, data showed on Tuesday, as the region's strong currency failed to subdue exports and imports expanded quickly.
Australia's central bank concluded that interest rates were high enough to cool the economy and restrain inflation, at its June policy meeting, minutes showed on Tuesday, though the board stood ready to tighten further should demand not slow as expected.
U.S. and Chinese companies signed 35 business deals in sectors ranging from automobiles to telecommunications on the eve of high-level trade and investment talks between the two countries.
Talks between top South Korean and U.S. trade officials aimed at easing an uproar in South Korea over a deal to resume American beef imports broke down without an agreement, the two countries said on Monday.
South Korea said Thursday that it would send its top trade negotiator to the United States to try to revise an agreement on American beef imports that has set off weeks of demonstrations against the government of President Lee Myung-bak.
Domestic demand in Australia is cooling in the face of higher interest rates but coming stimulus from a trade boom means a tight monetary policy remains essential, the country's top central banker said on Friday.
Australian employment fell in May for the first time in 19 months, an unexpected sign of softness in one of the strongest parts of the economy which should lessen the risk of another increase in interest rates.
Australia's trade deficit shrank by far more than expected to its smallest in 14 months in April fuelling speculation that surging prices for coal and iron ore exports could make deficits a thing of the past.
South Korea's current account surplus hit a three-year high in April as exports grew faster than imports, central bank data showed on Friday, helping push the won up sharply to a fresh 3-week high against the dollar.
Motion Picture Association of America boss Dan Glickman talks about Beijing's efforts to crack down on film piracy ahead of the summer Olympics.