OTTAWA, March 6- Canada's trade deficit in January more than doubled to a near-record C $2.45 billion, Statistics Canada said on Friday, amid a slump in oil prices that has crimped the resource-dependent economy. The deficit- considerably wider than the C $1 billion shortfall expected by analysts- was the second highest after the C $2.87 billion recorded in July...» Read More
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.
The United States and China both need to fend off a troubling rise in economic nationalism in order to keep their economies strong, U.S. Commerce Secretary Carlos Gutierrez said on Thursday.
New Zealand posted a surprise trade deficit in March, driven by lower dairy exports and higher oil imports, suggesting slower economic growth in the first quarter and sending the currency lower.
CNBC's "Squawk Box" hosted a meeting of the minds this morning: Past Nobel Prize winners shared their insight on the future of the markets.
Some notable quotes from last night's Kudlow & Company: "[If Obama is the Democratic nominee] this is going to be -- ideologically -- the greatest distinction that we’ve had in candidates since the 1980 election when Jimmy Carter ran against Reagan." And much more...
Asian governments should avoid export bans to address the rising price of food and instead help the poor with fiscal measures to alleviate the impact, the Asian Development Bank (ADB) said on Tuesday.
South Korea agreed on Friday to open its market to U.S. beef, boosting prospects for a sweeping trade deal, ahead of a Camp David summit between leaders of the two allies later in the day.
CME Group, the world's largest derivatives exchange, Monday forged a definitive agreement to buy energy and precious metals mart NYMEX for about $9.4 billion.
China reported a big drop in its trade surplus on Monday as imports surged and exports sagged, but economists were wary of reading too much into the data because of distortions from the timing of the Lunar New Year.
South Korea's central bank held interest rates steady for a seventh consecutive month on Friday, as widely expected, but economists said rates have probably peaked and may head down from as early as next month.
South Korean February exports rose more than expected over a year before, while the trade deficit shrank sharply from January, alleviating worries a slowing global economy is denting demand for the country's products.
One of the great, unchallenged, political assertions out there right now is that NAFTA costs American jobs. Hill-Bama busied themselves with this protectionist canard during their debate last night. It happens to be nonsense.
The impact of the turmoil in the international financial markets on Romania is likely to be limited, as the country enjoys robust economic growth and private lending is still at low levels, Economy and Finance Minister Varujan Vosganian told CNBC.com on Thursday.
China will surpass Germany as the world's biggest exporter of goods this year, German Economy Minister Michael Glos said on Monday.